Travis Driscoll
Qualifying Broker | Broker Associate
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9,673± Acres
Strategic Development Land | Rio Rancho, New Mexico
This rare 9,673± acre holding represents one of the most significant land offerings in the Southwest. Located on the western edge of the Albuquerque metropolitan area, this property is positioned directly in the path of growth, bordered on the east by Rio Rancho and less than one mile from Albuquerque city limits.
The land is anchored by unmatched natural resources, most notably a unique, one-of-a-kind water right authorizing up to 56,000± acre-feet annually from deep brackish wells. With more than 15 years and millions of dollars invested in drilling, testing, and development planning, this water asset alone sets the property apart as one of New Mexico's premier speculative development opportunities.
Currently operating as a working cattle ranch, the property carries agricultural tax status while providing additional income and recreational value. With its size, location, and resources, this is a true once-in-a-generation opportunity.
Eastern Boundary: Rio Rancho, NM
<1 Mile: Albuquerque City Limits
Northern Boundary: Santa Ana Pueblo-assuring long-term serenity and a permanent buffer
Proximity to Major Arteries: Centrally positioned between Interstate 40 (south) and NM 550 (north), future growth will inevitably link these corridors directly through this area.
This strategic position between two major highways puts the property in an ideal location for residential, commercial, and industrial development, as well as technology and data center uses.
Total Offering: 9,673± Acres
Expansion Option: Additional 957± Acres
Current Use: Operating cattle ranch (maintaining agricultural tax status and beneficial use)
Topography: Open grasslands with diverse terrain supporting livestock and wildlife habitat
Recreational Component: Habitat for elk, mule deer, and other game species providing hunting and outdoor lifestyle opportunities.
230 kV Transmission Line: Less than one mile from property boundary
Major Natural Gas Transmission Line: Less than one mile from property boundary
Proximity to Albuquerque Metro: Ensures access to existing utility and infrastructure corridors, supporting both near-term and long-term development potential.
The crown jewel of this opportunity is the exclusive water right:
Quantity: Up to 56,000± acre-feet annually
Source: Deep brackish aquifer (approx. 4,500 feet in depth)
Treatment: Requires processing before delivery but fully tested and permitted for beneficial use
Investment to Date: 15+ years and millions spent on drilling, testing, and engineering for production and delivery
This resource not only ensures the ability to support future on-site development but also positions the property as a regional solution for municipal and industrial water needs, a critical factor in the Albuquerque and Rio Rancho metro area's long-term growth.
Size & Scale: 9,673± acres plus expansion option
Path of Growth: Bordered by Rio Rancho; <1 mile from Albuquerque city limits
Strategic Location: Centrally positioned between I-40 and NM 550
Unique Water Asset: One of the most significant and rare water rights in New Mexico
Utility Access: Transmission lines for power and natural gas within one mile
Buffer & Serenity: Santa Ana Pueblo along northern boundary
Multiple Uses:
Residential & Commercial Development
Technology/Data Centers
Municipal water supply partnerships
Continued agricultural/recreational use
This property is a generational investment opportunity-combining unmatched scale, location, and resources. With Albuquerque and Rio Rancho growth converging at its doorstep, coupled with a once-in-a-lifetime water right and millions already invested in groundwork, this project is poised to be the centerpiece of the region's future development.
