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    King And Unser-Swc Rio Rancho, NM 87144

    For Sale
    Contact for pricing

    Prime Rio Rancho location, high traffic, city utilities.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 9.5-acre commercial land parcel presents a unique investment opportunity in Rio Rancho, New Mexico. Strategically located at the southwest corner of King and Unser Boulevards, this property enjoys a high-visibility position at the main entrance to the Rio Rancho City Center. The site benefits from significant daytime employee traffic, with approximately 300 employees at the nearby Rio Rancho City Hall and 1,350 employees at the Hewlett-Packard facility. The proximity to UNM Hospital and the Central New Mexico Community College (CNM) campus further enhances its appeal. The property offers excellent access and visibility, making it ideal for a variety of commercial developments. City water, sewer, and gas services are available, with sewer construction anticipated for completion in the fourth quarter of 2023. The property's APN is R069841, and it is located in Sandoval County, New Mexico, with a zip code of 87144. A portion of the land, approximately 4.6 acres, is currently available. This location offers significant potential for businesses seeking high visibility and access to a substantial workforce. The property's size and strategic location make it an attractive prospect for developers and investors looking to capitalize on Rio Rancho's continued growth.

    Property Features for 0 King And Unser-Swc

    General Information

    Property type
    Land
    Lot Size
    413,820 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Rio Rancho
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.7470536
    Latitude
    35.364473

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    FAQs

    What type of property is this?
    Land - Prime Rio Rancho location, high traffic, city utilities.
    Where is this land located?
    The property is located at King And Unser-Swc Rio Rancho, NM.
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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
    King And Unser-Swc Rio Rancho, NM 87144
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