Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1101 Rio Rancho Dr SE Rio Rancho, NM 87124

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $30 SF/Yr ($3,600 /Mo)

    Retail space with high visibility near a busy intersection.

    Property size:
    1,440 SF
    Lot size:
    0.56 Acres

    Property Features for 1101 Rio Rancho Dr SE

    General Information

    Size
    1,440 SF
    Lot size
    0.56 Acres

    We can help!

    Listing Contact
    Lia Armstrong Ccim
    Lia Armstrong Ccim
    Source: Moodyscre

    Listing Agent: Lia Armstrong Ccim

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

    Learn more

    Overview

    Retail Space Near Walmart

    This retail space is located in front of the only Neighborhood Walmart in Rio Rancho. The property benefits from excellent visibility on NM-528, which sees a traffic volume of 49,600 vehicles per day. Situated near one of the busiest intersections in Rio Rancho, the location offers high exposure. It is located one mile north of Intel, one of New Mexico’s top employers, which recently announced a $3.5 billion investment and 700 new jobs in Rio Rancho. Pylon signage is available. The property has a size of 1440 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

    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
    -106.654072
    Latitude
    35.246955

    Nearby Similar for Lease

    • $1,500 /Mo
      18,000 SF

      Rio Rancho Flex Space Available

      Flexible industrial/flex spaces for lease in Rio Rancho.
      1534 Stephanie Rd SE, Rio Rancho, NM 87124
      View Details
    • Contact for pricing
      2,139 SF

      New Retail Space Available

      New construction retail space in a high-traffic area.
      Swq Unser Blvd & Wellspring Ave SE, Rio Rancho, NM
      View Details
    • Contact for pricing
      2,434 SF

      Retail Space in Unser Gateway

      Retail space for lease in high-demand area near residential growth.
      2100 Unser Blvd SE, Rio Rancho, NM 87120
      View Details
    • Contact for pricing
      2,400 SF

      Retail Space in Unser Gateway

      Retail space for lease in high-demand area.
      2055 Trebor Way SE, Rio Rancho, NM
      View Details
    • $12 SF/Yr
      38,860 SF

      Rio Rancho Warehouse - 38,860 SF

      Prime industrial space; ideal distribution center.
      451 Quantum Rd, Rio Rancho, NM 87124
      View Details
    • $24 SF/Yr
      1,496 SF

      Renovated Retail/Office Space Available

      Modern, renovated retail or office space with high-visibility signage.
      2418 Southern Blvd SE, Rio Rancho, NM 87124
      View Details
    • $38 SF/Yr
      1,500 SF

      Retail/Office/Restaurant Space Available

      Shell space ideal for retail, restaurant, office, or medical uses.
      1141 Commercial Dr SE, Rio Rancho, NM 87124
      View Details
    • $11 SF/Yr
      95,070 SF

      Rio Rancho Industrial Manufacturing Space

      95,070 SF Manufacturing/Warehouse in Rio Rancho, NM
      510 Laser Rd, Rio Rancho, NM 87124
      View Details
    • $10 SF/Yr
      1,500 SF

      Fitness Anchored Retail Space

      Retail space in fitness anchored shopping center for rent.
      3301 Southern Blvd SE, Rio Rancho, NM 87124
      View Details
    • $11 SF/Yr
      48,864 SF

      Rio Rancho Industrial Manufacturing Space

      Single-tenant warehouse, 48,864 sq ft.
      590 Laser Rd, Rio Rancho, NM 87124
      View Details
    • $2,375 /Mo
      1,480 SF

      Versatile Flex Space Available

      Ground level office and flex space with functional layout.
      4311 Sara Rd, Rio Rancho, NM 87124
      View Details
    • $1,500 /Mo
      1,204 SF

      Rio Rancho Industrial Space Available

      Industrial spaces for lease with versatile business potential.
      1542 Stephanie Rd SE, Rio Rancho, NM 87124
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space with high visibility near a busy intersection.
    Where is this retail space located?
    The property is located at 1101 Rio Rancho Dr SE Rio Rancho, NM.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: - Located in front of the only Neighborhood Walmart in Rio Rancho.; - Excellent visibility to NM-528 with 49,600 VPD.; - Located near one of the busiest intersections in Rio Rancho.
    (505) 292-9607
    Request Owner's contact information
    1101 Rio Rancho Dr SE Rio Rancho, NM 87124
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1101 Rio Rancho Dr SE
    Rio Rancho, NM 87124
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1101 Rio Rancho Dr SE Rio Rancho, NM 87124
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Lia Armstrong Ccim
    Lia Armstrong Ccim
    (505) 292-9607
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.