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    65 Rainbow Rd Edgewood, NM 87015

    For Sale
    $480,000

    COMMERCIAL - Edgewood, NM

    Property size:
    4,800 SF
    Lot size:
    0.97 Acres
    Days on Market:
    159
    Last Refresh:
    Dec 6 at 9:06 pm

    Property Features for 65 Rainbow Rd

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    C-1,Other
    APN
    910006795
    Parking
    15
    Parking features
    Parking Lot
    Size
    4,800 SF
    Lot size
    0.97 Acres

    Utilities

    Sewer type
    Septic Tank

    Building Details

    Year built
    1989
    Flooring type
    Concrete
    Building materials
    MetalSiding
    Roof type
    Metal

    Keller Williams Realty (505) 271-8200

    Listing agent Joseph Ortiz (505) 490-9585 License #52663

    Listing date Jul 1, 2025

    Copyright © 2025 Santa Fe Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Hangar at Sandia Air Park

    Located at Sandia Air Park in Edgewood, New Mexico, this commercial property offers an investment opportunity with a hangar on a 0.97-acre lot. The property includes parking and office facilities, featuring two bathrooms and multiple rooms suitable for storage or additional office space. The parking area is paved. A covered area behind the hangar can accommodate various projects. The property is zoned C-1 and is suited for commercial building purposes, airplane storage, and other investment opportunities. The hangar size is 4800 square feet.
    Location Intelligence

    Current Use by Public Records

    Aviation real estate

    Suggested Use

    Clothing Store Bakery Plumbing Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Edgewood
    County
    Santa Fe
    State
    New Mexico
    Longitude
    -106.1722709
    Latitude
    35.0905703

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    FAQs

    What type of property is this?
    Aviation real estate - Hangar with office space and covered area on 0.97 acres.
    Where is this aviation real estate located?
    The property is located at 65 Rainbow Rd Edgewood, NM.
    What is the asking price?
    The asking price for this property is $480,000.
    What are key features of this property?
    This property features: - Massive hangar on a 1-acre lot at Sandia Air Park; - Abundant paved parking for convenience and ease of access; - Office facilities including two bathrooms and multiple rooms
    (505) 490-9585
    Request Owner's contact information
    65 Rainbow Rd Edgewood, NM 87015
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    Edgewood, NM 87015
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    65 Rainbow Rd Edgewood, NM 87015
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