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    1000 Sara Rd Rio Rancho, NM 87124

    Sponsored
    For Lease
    $120,000

    High-traffic corner lot, ideal for QSR.

    Lot size:
    30,928 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.71-acre commercial land parcel presents a prime retail investment opportunity in Rio Rancho, New Mexico's fastest-growing city. Strategically located on a hard corner at the signalized intersection of Southern Boulevard and Sara Road, this C-1 zoned property boasts ±44,300 cars per day, ensuring high visibility and accessibility. With 175 feet of frontage on Southern Boulevard, the site is perfectly suited for a variety of commercial uses, including drive-thru coffee shops, quick-service restaurants (QSRs), auto parts stores, and more. The property's location within Sandoval County, at 1000 Sara Rd, Rio Rancho, NM 87124 (35.24113453918721, -106.6731181971514), offers unparalleled exposure to a thriving consumer base. Please note that an existing residence is located on the site and should not be disturbed. This is a single-tenant property offering significant potential for immediate development and strong returns. The high traffic counts and prominent location make this an exceptional opportunity for investors seeking a high-impact retail investment in a rapidly expanding market.

    Property Features for 1000 Sara Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    30,928 SF
    Total Rate
    120000

    Unit(s) available at that property

    Space
    Size
    30,928 SF
    Rate per SF
    $120,000

    HighLights

    • 0.71‑acre commercial land parcel in Rio Rancho, NM's fastest‑growing area.
    • High‑traffic corner lot (approx. 44,300 cars/day) at Southern Blvd & Sara Rd intersection.
    • 175 feet of frontage on Southern Blvd, C‑1 zoning.
    • Suitable for various commercial uses (e.g., QSRs, drive‑thrus, auto parts).
    • Located at 1000 Sara Rd, Rio Rancho, NM 87124.
    • Existing residence on site; single‑tenant property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    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
    -106.67311819715
    Latitude
    35.241134539187

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    FAQs

    What type of property is this?
    Land - High-traffic corner lot, ideal for QSR.
    Where is this land located?
    The property is located at 1000 Sara Rd Rio Rancho, NM.
    What is the lease rate?
    The lease rate is $120,000.
    What are key features of this property?
    This property features: 0.71-acre commercial land parcel in Rio Rancho, NM's fastest-growing area.; High-traffic corner lot (approx. 44,300 cars/day) at Southern Blvd & Sara Rd intersection.; 175 feet of frontage on Southern Blvd, C-1 zoning.
    Request Owner's contact information
    1000 Sara Rd Rio Rancho, NM 87124
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    Rio Rancho, NM 87124
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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
    1000 Sara Rd Rio Rancho, NM 87124
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