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1908 29th St #16, Rio Rancho, NM 87124

$160,000

Well-located half-acre commercial lot in Rio Rancho with convenient access to Golf Course Road and surrounding residential and commercial areas. Neighborhood Commercial zoning offers flexibility for a variety of potential business uses. The property includes a fire hydrant at the sidewalk and provides an opportunity for an owner-user, investor, or developer looking for commercial land in an established and growing area. Buyer to verify zoning, utilities, development requirements, and intended use with the City of Rio Rancho. Zoning is legally NC (Neighborhood Commercial) per City of Rio Rancho VisionView records

Highlights

  • Land
  • 0.5 Acre Lot
  • 17 days on Market

  • Parking Features
    Parking Pad

  • Acres
    0.5
  • Lot Features
    Level, Cleared
  • Utilities
    Sewer Available, Electricity Available, Water Available
  • Water
    Public

  • Area
    140 - Rio Rancho South
  • County
    Sandoval
  • City
    Rio Rancho
  • Neighborhood
    Rio Rancho Estates
  • Zip Code
    87124
  • High School
    Rio Rancho
  • Middle School
    Lincoln
  • Elementary School
    Martin L King Jr

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Frequently Asked Questions

How do I schedule a tour of 1908 29th St #16?

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 1908 29th St #16.

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 1908 29th St #16?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $160,000. 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 1908 29th St #16?

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 1908 29th St #16 at around $977. 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 1908 29th St #16?

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 1908 29th St #16?

In most cases, yes. Whether 1908 29th St #16 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 1908 29th St #16?

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?

1908 29th St #16 was listed on October 21, 2026, which means it's been on the market for 17 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?

1908 29th St #16 sits on a 0.5-acre lot, which is 21,780 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Martin L King Jr
  • Middle: Lincoln
  • High: Rio Rancho

Want to see how these schools compare? Check out our Sandoval County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for 1908 29th St #16?

The most recent public record shows annual property taxes for 1908 29th St #16 were approximately $1,309. 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 1908 29th St #16 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 09:17AM | Source: Southwest MLS (Greater Albuquerque Association of REALTORS) | MLS#: 1112959