$54,999

93 Rainbow Rd Edgewood, NM 87015

Estimated payment $352/month

1.01 Acres
$54,454 Price per Acre
43,996 Sq Ft Lot

About This Lot

This 1-acre vacant lot in Sandia Airpark presents a strong opportunity for development (buyer to verify zoning and permitted uses). Featuring level terrain and convenient access from nearby roads, the property is well-suited for a variety of future possibilities. Located in a growing area with proximity to Edgewood, I-40, and Albuquerque, it offers excellent accessibility while maintaining an open, spacious setting. A great option for investors or developers looking to capitalize on future growth.

Listing Agent

Joel Hinckley

PlatLabs, LLC License #REC20240053 Listed on: 03/20/2026

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $252

Lot Details

  • 1.01 Acre Lot
  • Property is zoned R5

HOA Fees

  • $42 Monthly HOA Fees

Schools

  • South Mountain Elementary School
  • Edgewood Middle School
  • Moriarty High School

Utilities

  • Electricity Not Available
  • Water Not Available
  • Sewer Not Available

Community Details

  • Association fees include common areas

Listing and Financial Details

  • Assessor Parcel Number 910000204

Property Details

Property Type

Land

Est. Annual Taxes

$252

Lot Details

1.01 Acres

HOA Fees

$42 per month

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Directions: From I-40, head northwest and take Exit 187 for NM-344 toward Edgewood. Turn right onto NM-344 N, then turn right onto Dinkle Rd. Turn left onto Rainbow Rd and continue straight for approximately 0.6 miles. The lot is located on the West side of the street. Street addresses can be for listing purposes only and vacant land will receive a true street address once improved.
  • Garage Yn: No
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Interior Features

  • Basement YN: No
  • Fireplace: No

Exterior Features

  • Waterfront Features: None
  • Waterfront: No

Utilities

  • Electric: None
  • Utilities: Sewer Not Available, Water Not Available
  • Sewer: None
  • Water Source: None

Condo/Co-op/Association

  • Association Fee: 500.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas

Schools

  • Elementary School: South Mountain
  • High School: Moriarty High School
  • Middle Or Junior School: Edgewood Middle School

Lot Info

  • Lot Size Acres: 1.01
  • Zoning: R5
  • Land Lease: No
  • Lot Size Sq Ft: 43917.0
  • Parcel #: 910000204
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 252.0
  • Tax Year: 2025

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2026 03/20/26 For Sale $54,999 -- --
Source: Santa Fe Association of REALTORS®

Source: Santa Fe Association of REALTORS®

MLS Number: 202601115

Santa Fe Association of REALTORS®
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