9999 Irene Rd SE

Overview

This strategically located Rio Rancho property offers an exceptional opportunity for a wide range of developmentprojects, including retail, office, mixed-use, hotel, or apartments. Situated on the major arterial Pau D’Arco Highway 528with easy access to I-25 and Paseo del Norte, the parcel benefits from its location in one of the fastest-growing corridorsin the region. Its mostly flat terrain minimizes site preparation costs, making it a highly cost-effective build proposal.The property is ideally positioned within an already developed area, ensuring close proximity to essential utilities, andis surrounded by established commercial zones, Intel’s expanding tech campus, and a dense residential population,providing an abundant labor pool and consumer base.As one of the last remaining infill locations in Rio Rancho, the property’s competitive pricing and favorable zoning—withpotential for rezoning—further enhance its appeal. Nearby anchors like Defined Fitness, national retailers, healthcarefacilities, and Intel’s substantial investment in the area underscore the strong market demand.The parcel’s clear title, LLC ownership, and the City of Rio Rancho’s supportive planning environment make for astreamlined acquisition and development process, with flexible parcel sizes available to accommodate phased or build-tosuitprojects. Additionally, its proximity to Balloon Fiesta Park provides a unique seasonal traffic and tourism boost.