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Office Building
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2240-2320 Grande Blvd SE, Rio Rancho, NM 87124

Office property offering a measurable capitalization rate and a defined commercial footprint.

Property Size5,327 SF
Days on Market146

Property Features for 2240-2320 Grande Blvd SE

General Information

Standard status Active
Size 5,327 SF
Property subtype Office

Additional Details

Cap Rate 7.27%
Listing Agency: Colliers - Albuquerque, New Mexico
Listed By: Anne Apicella · License #NM 39337
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 29 at 8:09PM

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 Colliers - Albuquerque, New Mexico

Investment Insights

Based on property information with market context.

This office building comprises 5,327 square feet of commercial space. The property is identified by the address 2240-2320 Grande Blvd SE in Rio Rancho, New Mexico.

The offering reflects a 7.27% capitalization rate and is presented for sale.

Key Highlights

  • 5,327 SF office building
  • 7.27% CAP
  • Address: 2240‑2320 Grande Blvd SE, Rio Rancho, NM 87124

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Law Firm Building Supply Real Estate Agency Hair Salon Big Box & Wholesale Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

334
Businesses Nearby

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

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Office property offering a measurable capitalization rate and a defined commercial footprint.
Where is this office building located?
The property is located at 2240-2320 Grande Blvd SE Rio Rancho, NM.
What are key features of this property?
This property features: 5,327 SF office building; 7.27% CAP; Address: 2240‑2320 Grande Blvd SE, Rio Rancho, NM 87124
More about this property
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