$200,000
$20K PRICE DROP

5 lots Rainbow & Squaw NW Albuquerque, NM 87120

Volcano Cliffs Neighborhood

Estimated payment $1,228/month

Total Views 4,811
1.62 Acres
$123,457 Price per Acre
70,567 Sq Ft Lot

Highlights

  • 1.62 Acre Lot
  • Views
  • Level Lot
  • Tony Hillerman Middle School Rated A-

About This Lot

This exceptional listing offers a total of 5 contiguous lots, spanning 1.62 acres of prime multifamily-zoned land on Albuquerque's desirable Westside. Situated just moments from Volcano Vista High School, this property is ideally positioned for residential development, providing easy access to local amenities, major roadways, and schools.With multifamily zoning in place, this property presents a unique opportunity for developers and investors looking to capitalize on the growing demand for housing in the area. The location is ideal for creating a modern residential complex or mixed-use development, benefiting from proximity to schools, parks, shopping, and entertainment options.

Listing Agent

Gabriel Vargas

Double Eagle Real Estate License #REC20250304 Listed on: 01/10/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,600

Lot Details

  • 1.62 Acre Lot
  • Level Lot
  • 5 Lots in the community
  • Zoning described as R-ML*

Schools

  • Tierra Antigua Elementary School
  • Tony Hillerman Middle School
  • Volcano Vista High School

Utilities

  • Underground Utilities

Additional Features

  • Property Views

Community Details

  • Volcano Cliffs Subdivision

Listing and Financial Details

  • Legal Lot and Block 1, 2, 3, 4 & 37 / 2
  • Assessor Parcel Number 100906339845710703

Property Details

Property Type

Land

Est. Annual Taxes

$1,600

Lot Details

0

Listing Details

  • Property Type: Land
  • Directions: From Unser Blvd head west on Rainbow, then right on Squaw.
  • Listing Contract Date: 2025-01-03
  • Lot Size Acres: 1.62
  • Subdivision Name: VOLCANO CLIFFS
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Multi-Family, Residential, Unimproved

Exterior Features

  • Lot Features: Views, Acreage
  • View: Yes
  • Disclosures: RANM 2100 Disclosure

Garage/Parking

  • Parking Features: Paved

Utilities

  • Utilities: See Remarks, Underground Utilities
  • Water Source: Public
  • Sewer: Public Sewer

Schools

  • Elementary School: Tierra Antigua
  • High School: Volcano Vista
  • Middle Or Junior School: Tony Hillerman

Lot Info

  • Topography: Level
  • Number of Lots: 5
  • Current Use: Multi-Family, Residential, Unimproved
  • Lot Size Sq Ft: 70781.0
  • Parcel #: 100906339845710703
  • Zoning Description: R-ML*

Tax Info

  • Tax Annual Amount: 1600.09
  • Tax Block: 2
  • Tax Lot: 1, 2, 3, 4 & 37
  • Tax Tract: N/A

Map

Range of Values:

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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 $319 $6,666 $6,666 $0
2023 $320 $6,666 $6,666 $0
2022 $320 $6,666 $6,666 $0
2021 $61 $1,267 $1,267 $0
2020 $61 $1,267 $1,267 $0
2019 $61 $1,267 $1,267 $0
2018 $61 $1,267 $1,267 $0
2017 $160 $3,333 $3,333 $0
2016 $160 $3,333 $3,333 $0
2015 $3,333 $3,333 $3,333 $0
2014 $158 $3,333 $3,333 $0
2013 -- $3,333 $3,333 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2025 05/01/25 Price Changed $200,000 -9.1% --
01/10/2025 01/10/25 For Sale $220,000 -- --
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

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

MLS Number: 1076327

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-009-063-398457-1-07-03

New Mexico Bernalillo County Albuquerque 87120 Volcano Cliffs

5 lots Rainbow & Squaw NW, Albuquerque, NM

This home is located at 5 lots Rainbow & Squaw NW, Albuquerque, NM 87120 and is currently priced at $200,000. 5 lots Rainbow & Squaw NW is a home located in Bernalillo County with nearby schools including Tierra Antigua Elementary School, Tony Hillerman Middle School, and Volcano Vista High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwest MLS (Greater Albuquerque Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Gabriel Vargas
Listing Agent
Gabriel Vargas
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Double Eagle Real Estate
(505) 405-6399