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16 Lot 62 #UNIT BLOCK 5, Rio Rancho, NM 87124

$21,000

Build your dream home on this spacious 1-acre parcel in Rio Rancho! Offering endless possibilities, this vacant lot is the perfect opportunity to create a custom home tailored to your lifestyle while enjoying the beauty and wide-open skies of New Mexico. Whether you're planning your forever home or looking for a long-term investment, this property provides the flexibility to bring your vision to life. Utilities are not currently connected, allowing buyers to explore development options that best fit their needs. Enjoy peaceful surroundings with convenient access to everything Rio Rancho and Albuquerque have to offer. Buyer to verify zoning, utility availability, access, and development requirements.

Highlights

  • Land
  • 1.1 Acre Lot
  • 95 days on Market


  • Acres
    1.1
  • Utilities
    Sewer Not Available, None, Water Not Available
  • Water
    None

  • Area
    152 - Rio Rancho Mid-West
  • County
    Sandoval
  • City
    Rio Rancho
  • Neighborhood
    Rio Rancho Estates
  • Zip Code
    87124

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Frequently Asked Questions

How do I schedule a tour of 16 Lot 62 #UNIT BLOCK 5?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 16 Lot 62 #UNIT BLOCK 5.

They know lands in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 16 Lot 62 #UNIT BLOCK 5?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $21,000. We can talk through recent upgrades, potential seller motivation, how this land compares to others in Rio Rancho, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 16 Lot 62 #UNIT BLOCK 5?

With a 20% down payment and a 30-year fixed loan at an illustrative 6.75% rate, the ez Mortgage Calculator estimates the monthly payment for 16 Lot 62 #UNIT BLOCK 5 at around $116. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 16 Lot 62 #UNIT BLOCK 5?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Sandoval County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 16 Lot 62 #UNIT BLOCK 5?

In most cases, yes. Whether 16 Lot 62 #UNIT BLOCK 5 is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Rio Rancho's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 16 Lot 62 #UNIT BLOCK 5?

We can handle that for you. Our preferred local agent specializes in lands in Rio Rancho and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

How long has this property been on the market?

16 Lot 62 #UNIT BLOCK 5 was listed on August 04, 2026, which means it's been on the market for 95 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

What is the lot size of this property?

16 Lot 62 #UNIT BLOCK 5 sits on a 1.1-acre lot, which is 47,916 square feet.

What are the property taxes for 16 Lot 62 #UNIT BLOCK 5?

The most recent public record shows annual property taxes for 16 Lot 62 #UNIT BLOCK 5 were approximately $30. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 16 Lot 62 #UNIT BLOCK 5 still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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The data relating to real estate for sale on this website 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 brokerage firms other than Continental Real Estate Group, Inc, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Southwest Multiple Listing Service. All Rights Reserved.

Last Updated: November 07, 2026 at 08:36AM | Source: Southwest MLS (Greater Albuquerque Association of REALTORS) | MLS#: 1108484