$707,858

1504 Wellspring Ave SE Rio Rancho, NM 87124

Estimated payment $4,265/month

Total Views 2,265
1.25 Acres
$566,286 Price per Acre
54,450 Sq Ft Lot

About This Lot

Great Commercial Location!! This Lot (1.25 Acre) is Located on the SW Corner of Westside Blvd. and Wellspring Ave. by all the New Development on Unser and Westside Blvd. Excellent visibility and Easy Access Through Wellspring Ave. Nice Residential and Commercial Mix Area. Build to Suit, Mostly Level, Utilities close to Property. Seller Financing Terms Available!!

Listing Agent

Gladys Delgado

Signature Real Estate License #19121 Listed on: 04/22/2025

Co-Listing Agent

Steven Etkind

Signature Real Estate License #47333

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,890

Lot Details

  • 1.25 Acre Lot
  • Zoning described as C-1

Schools

  • Maggie Cordova Elementary School
  • Lincoln Middle School
  • Rio Rancho High School

Utilities

  • Underground Utilities
  • Sewer Not Available

Community Details

  • Los Diamantes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1011067153245

Property Details

Property Type

Land

Est. Annual Taxes

$4,890

Lot Details

0

Listing Details

  • Property Type: Land
  • Directions: From Unser and Westside Blvd. West to Lot Located on the Corner of Wellspring and Westside Blvd.
  • Listing Contract Date: 2025-04-21
  • Lot Size Acres: 1.25
  • Co List Office Mls Id: REMS01
  • Co List Office Phone: (505) 836-1000
  • Subdivision Name: LOS DIAMANTES
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Commercial

Exterior Features

  • Disclosures: RANM 2100 Disclosure

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Underground Utilities, Water Available, Sewer Not Available
  • Water Source: Public
  • Sewer: Public Sewer, None

Condo/Co-op/Association

  • Community Features: Curbs, Gutter(s), Sidewalks

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Maggie Cordova
  • High School: Rio Rancho
  • Middle Or Junior School: Lincoln

Lot Info

  • Topography: Level,Terraced
  • Number of Lots: 1
  • Current Use: Commercial
  • Lot Size Sq Ft: 54450.0
  • Parcel #: 1011067153245
  • Zoning Description: C-1

Green Features

  • Green Water Conservation: Other

Tax Info

  • Tax Annual Amount: 4890.0
  • Tax Block: N/A
  • Tax Lot: N/A
  • Tax Tract: N/A

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- $117,431 $117,431 --
2023 -- $113,619 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2025 04/22/25 For Sale $707,858 -- --
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

MLS Number: 1082587

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-011-067-153-245