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    1594 Sara Rd Rio Rancho, NM 87124

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    For Lease
    $17 SF/Yr ($2,881 /Mo)

    Retail space available in busy Rio Rancho submarket.

    Property size:
    2,034 SF
    Lot size:
    0.85 Acres

    Property Features for 1594 Sara Rd

    General Information

    Size
    2,034 SF
    Lot size
    0.85 Acres

    Source: Red Sky Realty Agent Gregory Kantor

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Rio Rancho

    Suite E is available for rent in a busy retail strip center located near Highway 528 and Sara Road in Rio Rancho. The space offers 2034 square feet, including retail and garage space with a garage door. The rental rate is $18.50 per square foot per year, plus CAM fees. Ample parking is available on site, along with signage on the building and a monument sign along Sara Road. The property is located across the street from Sandia Area Federal Credit Union and diagonally from Intel. Sara Road sees 12,100 vehicles per day, while nearby Highway 528 sees 50,600 vehicles per day. This location is suitable for retail businesses.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Rio Rancho
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.662119
    Latitude
    35.232062

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    FAQs

    What type of property is this?
    Strip mall - Retail space available in busy Rio Rancho submarket.
    Where is this strip mall located?
    The property is located at 1594 Sara Rd Rio Rancho, NM.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: - Prime location near Hwy 528 and Sara Rd in a busy retail area.; - High traffic counts: 12,100 vehicles per day on Sara Rd and 50,600 on Hwy 528.; - **2034 sq ft retail space with garage and garage door.**
    (602) 618-2055
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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
    1594 Sara Rd Rio Rancho, NM 87124
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