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Property profile & analytics
FOR LEASE
Distribution centers

590 Laser Rd Northeast Rio Rancho, NM 87124

32,344 SF 2.81 ac lot Built 1989
Entity Owned 19-yr Hold ~ Est. High Equity
Property ID
US61-1409789
Property summary
AI-generated overview

This exceptional 48,864-square-foot industrial property, located at 590 Laser Rd NE in Rio Rancho, New Mexico, presents a compelling opportunity for manufacturing or distribution businesses. The single-tenant building sits on a 2.81-acre lot and boasts a single story design for efficient operations. The property features three dock-high doors and one drive-in door, ensuring seamless loading and unloading of goods. Power is robust, with heavy power – 3-phase, 1,000 kVA service directly to the building, accommodating significant energy demands. The building is zoned SU by the City of Rio Rancho, making it suitable for a variety of industrial uses. Its strategic location offers easy access to Highway 528, a major arterial route, providing excellent connectivity for regional and national distribution. This property in Sandoval County, zip code 87124, offers a rare combination of size, functionality, and location, making it an ideal choice for businesses seeking a high-performance industrial space in a thriving New Mexico market. The property's address is 590 Laser Rd NE, Rio Rancho, NM 87124.

Property profile
Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1989
Total area 32,344 SF
Lot 2.81 ac (122,404 SF)
APN 1-015-070-168-276
UPID US61-1409789
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$910k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.34M
Blend (final) Blend
$1.13M
Owner & transaction history
Quantum Road Investors LLC · 19 yrs held
Quantum Road Investors LLC
since 2007
5 recorded transactions
2017
Price N/A
2007
Price N/A
2005
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $1.7M +4.7%
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More about this property
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