Rio Rancho Mixed-Use
For Sale
Contact for pricing
Pending
200 Aldaba Cir NE, Rio Rancho, NM 87124
Mixed-use property in Rio Rancho Estates with 4.48% CAP.
Property Size2,385 SF
Days on Market141
Property Features for 200 Aldaba Cir NE
General Information
Standard status
Pending
Size
2,385 SF
Property subtype
Mixed Use, Office, Self Storage, Special Purpose
Zoning
R-1
Investment Type
Owner/User
Building Details
Year Built
2006
Buildings
1
Stories
1
Listing Agency:
Realty One of New Mexico
(575) 808-2830
Listed By:
Hayley McInnes · License #REC-2026-0065
Source:
Crexi
Added: Mar 24
Changed: Aug 8
Last Checked: Jul 24 at 6:54PM
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 Realty One of New Mexico
Investment Insights
Based on property information with market context.
This mixed-use property is located in Rio Rancho Estates. It features a 4-bed, 3-bath home. The property has a size of 2,385 square feet and a capitalization rate of 4.48%.
Key Highlights
- 4.48% CAP Rate
- Spacious 4 Bed, 3 Bath home
- Located in desirable Rio Rancho Estates
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$31,366
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.15%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$627,320
$627.3K
Cap Rate 7%
$448,086
$448.1K
Cap Rate 9%
$348,511
$348.5K
Market Conditions
NOI Build-Up for 2,385 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$50.1K $21.00/SF
− Vacancy
−$8.3K −$3.47/SF
EGI
$41.8K $17.54/SF
− OpEx
−$10.5K −$4.38/SF
NOI
$31.4K $13.15/SF
Area
Rio Rancho, NM
Vacancy
16.50%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$627,320
Cap Rate 7%
$448,086
Cap Rate 9%
$348,511
Alternative Uses
Best Use
Office B
$448.1K
$392.1K – $522.8K
NOI $31,366 @ 7.0% cap · market cap 6.15%
Second Best
Mixed Use
$370.0K
$323.8K – $431.7K
NOI $25,901 @ 7.0% cap · market cap 5.08%
Theoretical Best
Office A
$590.7K
$516.9K – $689.2K
NOI $41,350 @ 7.0% cap · market cap 8.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
45
Businesses Nearby
Explore this area
Business Placement
Demographics for 87124, NM
59,781
Population
23,027
Households
2.6
Avg Household Size
40
Median Age
33%
College-Educated
94%
High-School Grad
77.9 sq mi
ZIP Area
767
Density / Sq Mi
$82,278
Median Household Income
$43,353
Median Earnings
$1,380
Median Rent
$262,800
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property in Rio Rancho Estates with 4.48% CAP.
Where is this mixed-use property located?
The property is located at 200 Aldaba Cir NE Rio Rancho, NM.
What is the asking price?
The asking price for this property is $510,000.
What are key features of this property?
This property features: 4.48% CAP Rate; Spacious 4 Bed, 3 Bath home; Located in desirable Rio Rancho Estates
