McMahon and Universe Rio Rancho, New Mexico 87124 For Sale This is an excellent opportunity for MUH development SITE 6.01 Acres Zoned R-6 Connection of Universe and McMahon Opening Fall 2010 Property Overview Property Details Property is across from the newest CNM campus and is less than three miles south of the 66 acres PRESBYTERIAN RIO RANCHO MEDICAL CENTER Assisted living facility or high density apartments are just a few possibilities in the rapidly growing area of Rio Rancho, in the latest master planned community of Paradise West. Offered at $1,500,000 Price Reduced $1,100,000 PSF $5.73 Now $4.21 PSF 6.01 Acres Zoning R-6 April Ager Real Estate Advisor 505-563-4658 aprila@lcrealty.com 4801 Lang Avenue NE Suite 100 Albuquerque, NM 505-897-7227 Office 505-897-1646 Fax 2010 Coldwell Banker Real Estate Corporation. Coldwell Banker Commercial is a registered trademark licensed to Coldwell Banker Real Estate Corporation. An Equal Opportunity Company. Each Office is Independently Owned & Operated. The information above has been obtained from sources deemed reliable. While we do not doubt the accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
Universe Boulevard Roadway Improvements Universe to McMahon
Demographics McMahon & Universe 35.274360, -106.736803 35.274360, -106.736803 35.274360, -106.736803 Site Type: Ring Radius: 1 Miles Radius: 3 Miles Radius: 5 Miles 2009 Population Total Population 1,702 27,236 58,048 Male Population 48.9% 48.9% 48.9% Female Population 51.1% 51.1% 51.1% Median Age 31.7 32.6 33.5 2009 Income Median HH Income $55,243 $60,923 $64,157 Per Capita Income $24,395 $23,934 $26,864 Average HH Income $62,583 $65,822 $73,356 2009 Households Total Households 575 9,906 21,203 Average Household Size 2.96 2.75 2.73 2009 Housing Owner Occupied Housing Units 77.1% 74.9% 75.5% Renter Occupied Housing Units 15.8% 19.7% 19.5% Vacant Housing Units 7.1% 5.4% 5.0% Population 1990 Population 43 12,848 21,505 2000 Population 709 19,313 33,905 2009 Population 1,702 27,236 58,048 2014 Population 2,097 32,013 68,929 1990-2000 Annual Rate 32.35% 4.16% 4.66% 2000-2009 Annual Rate 9.93% 3.79% 5.99% 2009-2014 Annual Rate 4.26% 3.28% 3.5% In the identified market area, the current year population is 58,048. In 2000, the Census count in the market area was 33,905. The rate of change since 2000 was 5.99 percent annually. The five-year projection for the population in the market area is 68,929, representing a change of 3.5 percent annually from 2009 to 2014. Currently, the population is 48.9 percent male and 51.1 percent female. Households 1990 Households 10 4,324 7,529 2000 Households 212 6,818 12,356 2009 Households 575 9,906 21,203 2014 Households 715 11,753 25,312 1990-2000 Annual Rate 35.72% 4.66% 5.08% 2000-2009 Annual Rate 11.39% 4.12% 6.01% 2009-2014 Annual Rate 4.45% 3.48% 3.61% The household count in this market area has changed from 12,356 in 2000 to 21,203 in the current year, a change of 6.01 percent annually. The five-year projection of households is 25,312, a change of 3.61 percent annually from the current year total. Average household size is currently 2.73, compared to 2.74 in the year 2000. The number of families in the current year is 15,121 in the market area. Housing Currently, 75.5 percent of the 22,322 housing units in the market area are owner occupied; 19.5 percent, renter occupied; and 5.0 percent are vacant. In 2000, there were 13,074 housing units 76.8 percent owner occupied, 17.6 percent renter occupied and 5.6 percent vacant. The rate of change in housing units since 2000 is 5.95 percent. Median home value in the market area is $185,837, compared to a median home value of $162,279 for the U.S. In five years, median home value is projected to change by 4.82 percent annually to $235,102. From 2000 to the current year, median home value changed by 6.25 percent annually. Source: U.S. Bureau of the Census, 2000 Census of Population and Housing. ESRI forecasts for 2009 and 2014. ESRI converted 1990 Census data into 2000 geography.
New Mexico is known as the Land of Enchantment for many reasons. The state boasts scenic beauty unlike anywhere else, with skies so blue they look like paintings, and spectacular geological formations, from mountainranges to red canyons to black lava fields. Rio Rancho is the fastest growing city in New Mexico and one of the fastest growing small cities in the nation. Ranked in the Top 100 of The Best Places to Live in Money Magazine (August 2005) Paradise West is Rio Rancho s newest master planned community of 3,100 acres of retail and office town centers, multi-unit housing and single family homes all joined together with an extensive trail network. This area is primed for development to attract retailers, businesses and families all integrated into the stunning desert landscape. Contact April to discuss how you can join this exciting community. April Ager Real Estate Advisor 505-563-4658 aprila@lcrealty.com from www.nmsitesearch.com
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McMahon and Universe Rio Rancho, New Mexico 87124 SITE 6.01 Acres Zoned R-6 Property Overview Property Details SF : Price : Features : April Ager Real Estate Advisor 505-563-4658 aprila@lcrealty.com 4801 Lang Avenue NE Suite 100 Albuquerque, NM 505-897-7227 Office 505-897-1646 Fax www.cbcworldwide.com 5120 S. Lakeland Drive, Suite 3, Lakeland, FL 33813 2009 Coldwell Banker Real Estate Corporation. Coldwell Banker Commercial is a registered trademark licensed to Coldwell Banker Real Estate Corporation. An Equal Opportunity Company. Each Office is Independently Owned & Operated. The information above has been obtained from sources deemed reliable. While we do not doubt the accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors 2008 Coldwell Banker Real Estate LLC. Coldwell Banker Commercial is a registered trademark licensed to (555) should 555-5556 conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Coldwell Banker Real Estate LCC. An Equal Opportunity Company. Each Office Is Independently Owned And Operated