Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Rio Rancho Commercial Space Available Title is generated by Realmo AI

    103 Rio Rancho Blvd SE, Rio Rancho, NM 87124

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Office, retail, and industrial space for lease in Rio Rancho.

    Type:Retail, Office, Industrial
    Property size:
    800 SF
    Added:
    Aug 29, 2024
    Days on Market:
    622
    Last Refresh:
    Mar 16 at 10:33 am

    Property Features for 103 Rio Rancho Blvd SE

    General Information

    Standard status
    Active
    Size
    800 SF
    Property subtype
    Retail, Office, Industrial

    Spaces For Lease

    at 103 Rio Rancho Blvd SE Contact us

    $11 /Mo

    Size
    800 SF
    Type
    Retail, Office, Industrial
    Contact us

    We can help!

    Listing Contact
    June Bahadirli

    Listing agent June Bahadirli License #20250821

    Listing office Allen Sigmon Real Estate Group

    Listing date Aug 29, 2024

    Source Crexi

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

    All listing content including descriptions, pricing, images are the copyrighted material of Allen Sigmon Real Estate Group

    HighLights

    • High visibility location at the signalized intersection of NM 528 & Sundt Rd.
    • Excellent exposure with 35,000 vehicles per day.
    • Versatile space suitable for office, retail, light manufacturing, distribution, or service operations.
    • Finished office space includes reception area and breakroom.
    • Ample parking and convenient loading.
    • Features 3‑phase power.

    Overview

    Located in Rio Rancho, the Rio West Business Center offers office, retail, and industrial spaces for lease. The property is situated at the signalized intersection of NM 528 and Sundt Rd, providing high visibility with a traffic count of 35,000 vehicles per day. The available space is approximately 800 square feet. The property features 3-phase power, convenient loading access, and ample parking. The finished office space includes a reception area and a breakroom. This property is suitable for light manufacturing, distribution, service operations, or retail businesses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

    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
    -106.6413266
    Latitude
    35.2595392

    Nearby Similar for Lease

    • $22 SF/Yr

      Rio Rancho Office Space Available

      Office suites available in Rio Rancho with prime access.
      2600 The American Road Southeast, Rio Rancho, NM, 87124
      View Details
    • Contact for pricing

      Rio Rancho Manufacturing/Distribution Opportunity

      Functional industrial building near Highway 528, ideal for manufacturing/distribution.
      590 Laser Road Northeast, Rio Rancho, NM, 87124
      View Details
    • Contact for pricing

      Rio Rancho Retail Space

      Retail space available for lease in Rio Rancho, NM.
      1350 Jackie Rd SE, Ste 105, Rio Rancho, NM 87124
      View Details
    • Contact for pricing

      Rio Rancho Warehouse Space Available

      Functional warehouse space with heavy power and expansion potential.
      451 Quantum Road Northeast, Rio Rancho, NM, 87124
      View Details
    • Contact for pricing

      Industrial Space with Heavy Power

      Manufacturing/distribution property with heavy power and high ceilings.
      510 Laser Road Northeast, Rio Rancho, NM, 87124
      View Details
    • $38 SF/Yr

      Retail/Office/Restaurant Space Available

      Shell space ideal for retail, restaurant, office, or medical uses.
      1141 Commercial Dr SE, Rio Rancho, NM
      View Details
    • $1,500/Mo

      Rio Rancho Industrial Space Available

      Industrial spaces for lease with versatile business potential.
      1542 Stephanie Rd SE, Rio Rancho, NM
      View Details
    • $24 SF/Yr

      Renovated Retail/Office Space Available

      Modern, renovated retail or office space with high-visibility signage.
      2418 Southern Blvd SE, Rio Rancho, NM
      View Details
    • Contact for pricing

      Retail Space in Unser Gateway

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

      Retail Space in Unser Gateway

      Retail space for lease in high-demand area.
      2055 Trebor Wy SE, Rio Rancho, NM
      View Details
    • $16 SF/Yr

      Medical Office Space Available

      3,722 SF medical office in Rio Rancho, NM.
      111 NM-528, Rio Rancho, NM
      View Details
    • $22 SF/Yr

      Retail Space Near Albertsons

      Retail space available for lease, adjacent to Albertsons.
      4300 Ridgecrest Dr SE, Rio Rancho, NM
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Office, retail, and industrial space for lease in Rio Rancho.
    Where is this mixed-use property located?
    The property is located at 103 Rio Rancho Blvd SE Rio Rancho, NM.
    What are key features of this property?
    This property features: High visibility location at the signalized intersection of NM 528 & Sundt Rd.; Excellent exposure with 35,000 vehicles per day.; Versatile space suitable for office, retail, light manufacturing, distribution, or service operations.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    June Bahadirli
    Real Estate License ID: 20250821
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    103 Rio Rancho Blvd SE, Rio Rancho, NM 87124
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!