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

    Seq Hwy 550 & Hwy 528 Bernalillo, NM 87004

    Sponsored
    For Lease
    Contact for pricing

    Bernalillo commercial land, 1-24 acres

    Lot size:
    1,045,440 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    413
    This exceptional commercial land opportunity in Sandoval County, New Mexico, presents a unique investment prospect. Located at the intersection of Highways 550 and 528 in the Santa Ana Pueblo/Rio Rancho/Bernalillo submarket, this property offers parcels ranging from one to twenty-four acres. Situated within the Wind Ridge @ Tamaya master-planned community (approximately 1,700 acres), this development boasts a culturally rich, mixed-use environment currently undergoing various phases of design and construction. The site benefits from a signalized intersection, ensuring excellent visibility and accessibility. High traffic counts are a key advantage, with approximately 69,900 vehicles passing daily (Highway 550: ~47,100 VPD

    Property Features for 0 Seq Hwy 550 & Hwy 528

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,045,440 SF

    Unit(s) available at that property

    Space
    Available space
    Size
    1,045,440 SF

    We can help!

    Listing Contact
    Bob Feinberg
    Bob Feinberg

    Learn more

    HighLights

    • Strong national/local retail and restaurant presence.
    • High‑traffic intersection of Highways 550 and 528.
    • Proximity to Santa Ana Soccer Complex (364,000+ annual visitors).
    • Convenient I‑25 access via a key river‑crossing corridor.
    • Large trade area with strong regional draw.
    • Tribal ownership offering potential incentives.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bernalillo
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.5712891
    Latitude
    35.3304122

    Nearby Comparable

    • Contact for pricing

      Rio Rancho Commercial Land for Lease

      High-traffic, prime commercial land in Rio Rancho, NM.
      0 Us-550, Rio Rancho, NM 87004
      View Details
    • $5 SF/Yr
      812,830 SF

      Bernalillo Land: Prime Development Site

      Highway 528, Multi-Family Potential
      528 & Venada Plz Dr, Bernalillo, NM 87004
      View Details
    • Contact for pricing
      1,185 SF

      Retail/Medical Space in Bernalillo

      Retail or medical space in a boutique retail destination.
      200 S Camino Del Pueblo E, Bernalillo, NM 87004
      View Details
    • $1,717 /Mo
      2,126 SF

      Office Suites Near Santa Ana Star

      Two office suites available near Santa Ana Star Casino.
      51 Jemez Cyn Dm Rd, Bernalillo, NM
      View Details
    • $1,650 /Mo
      1,200 SF

      Highway Frontage Retail Space

      1,200 SF retail space with expansive outdoor area.
      960 Us-550, Bernalillo, NM
      View Details
    • $800 /Mo
      100 SF

      Retail Kiosk Space Available

      Retail space available on NM 550 in Bernalillo.
      224 Us-550, Bernalillo, NM
      View Details
    • $11 SF/Yr
      15,000 SF

      Bernalillo Flex Space For Lease

      Flex space available for lease with highway access.
      1080 Exchange, Bernalillo, NM
      View Details
    • Contact for pricing

      Rio Rancho Industrial Land Opportunity

      Prime Sandoval County land, ideal for retail or industrial development.
      0 Nm-528, Rio Rancho, NM 87004
      View Details
    • Contact for pricing
      104,980 SF

      Rio Rancho Retail Land Opportunity

      Build-ready retail land, Hwy 528 access.
      0 Neq Hwy 528 & Corrales Rd, Rio Rancho, NM 87144
      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
    • $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
    • $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

    Nearby Similar for Lease

    • $11 SF/Yr
      15,000 SF

      Bernalillo Warehouse with Roll-Up Doors

      15,000 SF warehouse with highway access and buildout options.
      1080 Exchange, Bernalillo, NM 87004
      View Details
    • $1,650 /Mo
      1,200 SF

      Highway Frontage Retail Space

      1,200 SF retail space with expansive outdoor area.
      960 Us-550, Bernalillo, NM
      View Details
    • $1,717 /Mo
      2,126 SF

      Office Suites Near Santa Ana Star

      Two office suites available near Santa Ana Star Casino.
      51 Jemez Cyn Dm Rd, Bernalillo, NM
      View Details
    • $11 SF/Yr
      15,000 SF

      Bernalillo Flex Space For Lease

      Flex space available for lease with highway access.
      1080 Exchange, Bernalillo, NM
      View Details
    • $800 /Mo
      100 SF

      Retail Kiosk Space Available

      Retail space available on NM 550 in Bernalillo.
      224 Us-550, Bernalillo, NM
      View Details
    • Contact for pricing
      1,185 SF

      Retail/Medical Space in Bernalillo

      Retail or medical space in a boutique retail destination.
      200 S Camino Del Pueblo E, Bernalillo, NM 87004
      View Details

    FAQs

    What type of property is this?
    Land - Bernalillo commercial land, 1-24 acres
    Where is this land located?
    The property is located at Seq Hwy 550 & Hwy 528 Bernalillo, NM.
    What are key features of this property?
    This property features: Strong national/local retail and restaurant presence.; High-traffic intersection of Highways 550 and 528.; Proximity to Santa Ana Soccer Complex (364,000+ annual visitors).
    Request Owner's contact information
    Seq Hwy 550 & Hwy 528 Bernalillo, NM 87004
    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.
    Seq Hwy 550 & Hwy 528
    Bernalillo, NM 87004
    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
    Seq Hwy 550 & Hwy 528 Bernalillo, NM 87004
    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
    Bob Feinberg
    Bob Feinberg
    Real Estate License ID: NM 9916
    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.