1121 Commercial Drive SE Rio Rancho, NM ^$ 160,000

1121 Commercial Drive SE

^$ 160,000

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Recently Listed

1121 Commercial Drive SE

Rio Rancho, NM, 87124

^$ 160,000

Studio Baths0.0

Monthly Estimate*

^$ 985

1121 Commercial Drive SE, Rio Rancho, NM 87124 - Image 1

Studio

Lots and Land for sale in Rio Rancho, NM

for $160,000. The lot size is 0.3.

Lots and Land Active

Price

^$ 160,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 996

Style

Lot Size

0.3

Town/City

Rio Rancho

County/Region

Sandoval

MLS | Web ID

1098881

Features

General

Sewer Public Sewer

Utilities Electricity Available Phone Available Sewer Available Water Available

Possession Closing & Funding

Association Fee Includes None

Topography Level

Township N/A

Current Use Commercial Unimproved

Community Features Curbs Gutter(s)

County Sandoval

Property Type Land

Subdivision Name Rio Rancho Estates

Possible Use Commercial Unimproved

Status Active

Directions From Unser and Southern South on Unser West on Commercial

City Rio Rancho

Disclosures RANM 2100 Disclosure

Zoning Description C-1

MLS Area 140 - Rio Rancho South

Lot Size Square Feet 13068

Listing Terms Cash Conventional

Tax Annual Amount 996

Standard Status Active

Tax Lot 14

Exterior

Parking Features Paved

Water Source Public

Lot Size Acres 0.3

Lot Size Source Public Records

Number of Lots 1

* Excluded Features

List By

Luke Patrick Soule

Listing Agent

Realty One Of New Mexico, Llc

Broker

soule.realty@gmail.com

Affordability Calculator

$1,068

Per Month

Monthly Principal & Interest: $985
Monthly Property Taxes: $83
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Rio Rancho, NM

Average List Price ^$36,754

Percent of Sale Price 77%

About Rio Rancho, NM

97,693 Population

88% Since 2002

^$61,991 Median Income

37.48 Median Age

34% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/26/2026	$160,000		Listed Price

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1121 Commercial Drive SE, Rio Rancho, NM, 87124 is a Lots and Land for sale at $160,000 with a lot size of 0.3. 1121 Commercial Drive SE is a studio with 0.0 baths. The property's zip code is 87124 which is in Rio Rancho, NM

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Southwest Multiple Listing Service, Inc.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Southwest Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 2/27/2026.

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1121 Commercial Drive SE

Lots and Land for sale in Rio Rancho, NM

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