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618 Rainbow Boulevard

Rio Rancho, NM 87124
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Acres0.50

Acre(Lot)

Discover the potential of this exceptional half-acre lot, ideally situated in a rapidly growing and highly desirable area. Whether you're ready to build your dream home or invest in a promising piece of New Mexico land, this property offers the perfect opportunity.Enjoy the convenience of easy access from a paved road while being just minutes from shopping, dining, and entertainment. The surrounding area continues to develop, making this an excellent choice for both homeowners and investors alike.The seller also owns the adjacent lot at 612 Rainbow Blvd NE and is open to selling the properties individually or together--offering even greater flexibility and potential.Don't miss your chance to secure a beautiful slice of New Mexico with endless possibilities.

Detail Ic Property Details

Property Type : Land

Price : $68,000

AD Id : 77676676

MLS Id : 1102152

Lot Size : 0.50 Acre(Lot)

County : Sandoval

Subdivision: Metes And Bounds

  • Map Map

Map

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Feature Features

  • Lot Information

    Lot Size Acres: 0.5 Lot Size Source: Estimated Lot Size Square Feet: 21780 Lot Description: Level, Cleared

    Property Information

    Subdivision: Rio Rancho Estates Source Property Type: Land Zoning Description: R-1

  • Listing Price Information

    Listing Price: $68000 Cash, Conventional

  • Tax Information

    Parcel Number: 1009070240305 Tax Lot: 18 Tax Block: 1 Annual Tax: $258.48

  • Utility Information

    None, Sewer Not Available, Water Not Available
  • Location Information

    Direction: Take Southern Blvd in Rio Rancho all the way down to Rainbow Blvd and take a right, go up Rainbow about a mile and the land lot is on the right hand side directly across the street from the 7th ave and Rainbow street sign. Use listing address and the GPS map will take you directly to location. WaterSource: None
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
W Lansing, Rio Rancho, NM, 87124 $2,000 -- -- -- 0.50 Acre(Lot)
8TH 6th Avenue #10, Rio Rancho, NM, 87124 $28,000 -- -- -- 1 Acre(Lot)
8TH 6th Avenue #19, Rio Rancho, NM, 87124 $28,000 -- -- -- 1 Acre(Lot)
37th Street, Rio Rancho, NM, 87124 $14,500 -- -- -- 2 Acres(Lot)
XXX 3rd Avenue #2, Rio Rancho, NM, 87124 $6,000 -- -- -- 0.50 Acre(Lot)
LOTS 1 & 2 Delgado Road, Rio Rancho, NM, 87124 $10,000 -- -- -- 2 Acres(Lot)
XXX 42nd Street #2, Rio Rancho, NM, 87124 $5,250 -- -- -- 1 Acre(Lot)
Block 6 Lot 15 Unit 10, Rio Rancho, NM, 87124 $80,000 -- -- -- 0.50 Acre(Lot)
Southern (u2 B11 L39) B.., Rio Rancho, NM, 87124 $10,500 -- -- -- 0.50 Acre(Lot)
29 Hildalgo Road, Rio Rancho, NM, 87124 $6,500 -- -- -- 0.50 Acre(Lot)

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Southwest Multiple Listing Service. All Rights Reserved.

ByOwner last updated this listing 06/09/2026 @ 02:09

MLS: 1102152 LISTED BY: Amber Rosado, Coldwell Banker Legacy 505-292-8900 SOURCE: Southwest MLS (Greater Albuquerque Association of REALTORS)

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