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    2200 Southern Blvd SE Rio Rancho, NM 87124

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    For Sale
    $1,200,000

    Stand-alone retail building constructed in 2023 with high traffic exposure.

    Property size:
    664 SF
    Lot size:
    0.43 Acres

    Property Features for 2200 Southern Blvd SE

    General Information

    Size
    664 SF
    Lot size
    0.43 Acres

    Source: NAI SunVista - Albuquerque Agent Randall Parish

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

    Overview

    Retail Building on Southern Blvd

    This stand-alone retail building is situated on a hard corner within a prime retail corridor on Southern Blvd SE in Rio Rancho, NM. Constructed in 2023, the property offers superior exposure to over 20,000 cars per day. The building has a property size of 664 square feet. It is located just east of Walmart, Raising Canes, and Chick-fil-A on thriving Southern Blvd.
    Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    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
    -106.6927402
    Latitude
    35.2410376

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    FAQs

    What type of property is this?
    Storefront property - Stand-alone retail building constructed in 2023 with high traffic exposure.
    Where is this storefront property located?
    The property is located at 2200 Southern Blvd SE Rio Rancho, NM.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Prime retail corridor location on a hard corner.; - Stand-alone building on thriving Southern Blvd.; - High traffic exposure: over 20,000 cars per day.
    (505) 314-4316
    Request Owner's contact information
    2200 Southern Blvd SE Rio Rancho, NM 87124
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    Rio Rancho, NM 87124
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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
    2200 Southern Blvd SE Rio Rancho, NM 87124
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