$49,800

40th Ave NW Unit 23 Rio Rancho, NM 87144

16.2 acres
Land

Property details

About 40th Ave NW Unit 23

Available to current New Mexico residents only. Potential buyers must determine whether available utilities and associated costs will suit their plans.

Highlights

Home typeOther
StatusActive
Lot size16.2 Acres
MLS #1073762

Summary

  • List Price: $49,800
  • Directions: Intersection of 40th Ave. and Vista Road NW. Head west on 4oth +-2.79 miles to Cormarana Road. Property at corner of 40th and Cormarana Road.
  • Lot Size: 16.2 Acres
  • MLS Number: 1073762
  • MLS Name: SWMLS
  • Office Name: Colliers International
  • Office Phone: (505) 883-7676
  • Office Email: scott.whitefield@colliers.com
  • Listing Agent: Joe R Romero

IDXThe data relating to real estate for sale on this web site 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 other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed.

Copyright © 2025 Southwest Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2025, 10:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

caption unavailable

$49,800

40th Ave NW Unit 23

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

Nearby schools

5

Puesta del Sol Elementary School

Public District KG-5

5.3 mi

450 Southern Blvd SE

7

Colinas Del Norte Elementary School

Public District KG-5

6.2 mi

1001 Night Sky Ave NE

8

Ventana Ranch Elementary School

Public District PK-5

6.7 mi

6801 Ventana Village Rd NW

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $40,505. Most Rio Rancho, NM residents have annual incomes less than $<35k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

43%
<35k
33%
35k-100k
20%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

38%
Single, No Kids
8%
Single, with Kids
36%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
9%
12-17 yrs old
14%
18-34 yrs old
44%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • NASCARNASCAR
  • Monster TrucksMonster Trucks
  • HuntingHunting

Where do the neighbors shop?

  • Dollar GeneralDollar General
  • Wal-MartWal-Mart
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • GMCGMC
  • ChevroletChevrolet
  • RamRam

What do the neighbors listen to?

  • Classic CountryClassic Country
  • CountryCountry
  • New CountryNew Country
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

Living in Rio Rancho, NM

Transportation in Rio Rancho includes a network of major roads and highways that connect residents to nearby Albuquerque and other parts of New Mexico. Public transit options are available, with routes designed to serve key areas of the city. The community is also making strides in improving walkability in several neighborhoods, and while ride-sharing services are present, the area's layout tends to favor private vehicle use.

The city is served by a robust educational system, including numerous public and private schools that cater to a range of educational needs. Healthcare services are readily available, with local clinics and a regional hospital providing comprehensive care. Rio Rancho also features a selection of retail and dining options that reflect the local Southwestern culture, with city initiatives in place to continually enhance these services.

Rio Rancho is known for its family-friendly atmosphere and community-oriented lifestyle. The city prides itself on its recreational parks, annual events, and a sense of tranquility that appeals to many of its residents. It's a place where community events and local sports bring residents together, reflecting the area's collective values and neighborly spirit.

Rio Rancho offers a diverse array of housing options, with single-family homes being a significant part of the market. The architectural styles vary, with modern, pueblo-style, and ranch homes dotting the landscape. The housing market is dynamic, with new developments complementing established neighborhoods. While the majority of residents own their homes, there is also a substantial rental market to accommodate various preferences.

About 40th Ave NW Unit 23

The listing price of 40th Ave NW Unit 23 property is $49,800.

The property 40th Ave NW Unit 23 is land located in Rio Rancho, New Mexico, 87144.

Active Listing: 40th Ave NW Unit 23 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 40th Ave NW Unit 23 are: Puesta del Sol Elementary School (GreatSchools Rating 5/10), Colinas Del Norte Elementary School (GreatSchools Rating 7/10), Ventana Ranch Elementary School (GreatSchools Rating 8/10), Coyote Willow Family School (GreatSchools Rating 6/10), Tony Hillerman Middle School (GreatSchools Rating 5/10), Lincoln Middle School (GreatSchools Rating 6/10), Volcano Vista High School (GreatSchools Rating 6/10), Rio Rancho High School (GreatSchools Rating 8/10), Sw Aeronautics Mathematics and Science Academy (GreatSchools Rating 8/10).

The property 40th Ave NW Unit 23 is 16.2 acres.

This home is located at 40th Ave NW Unit 23 in Rio Rancho, NM and zip code 87124. Features: 0 bathroom. It has been listed on Rocket Homes since November 18, 2024 and is currently priced at $49,800.

In March 2025 more than 11 listings in Rio Rancho, NM were sold above the asking price. During the same period more than 50 listings were sold at asking price, while more than 84 were sold below. The number of listings in Rio Rancho, NM remained the same between February and March 2025. In March 2025 median list price was $360,054 and the average listing age was 46 days.

From Rocket Homes Real Estate and based on county public records data.

More resources