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    590 Laser Rd Rio Rancho, NM 87124

    Sponsored
    For Lease
    $11 SF/Yr

    Single-tenant warehouse, 48,864 sq ft.

    Lot size:
    48,864 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    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 Features for 590 Laser Rd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    48,864 SF
    Total Rate
    46828

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    48,864 SF
    Rate per SF
    $11

    HighLights

    • High‑power 3‑phase, 1,000 kVA electrical service.
    • Clear ceiling heights ranging from 14' to 23'.
    • Column spacing of 33' x 40'.
    • Three 8' x 10' dock‑high loading doors and one 10' x 10' drive‑in door.
    • SU zoning designation, City of Rio Rancho.
    • Warehouse features evaporative cooling and suspended gas heating; office space has HVAC.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

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

    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
    -106.6313732
    Latitude
    35.2682654

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    FAQs

    What type of property is this?
    Distribution property - Single-tenant warehouse, 48,864 sq ft.
    Where is this distribution property located?
    The property is located at 590 Laser Rd Rio Rancho, NM.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: High-power 3-phase, 1,000 kVA electrical service.; Clear ceiling heights ranging from 14' to 23'.; Column spacing of 33' x 40'.
    Request Owner's contact information
    590 Laser 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
    590 Laser Rd Rio Rancho, NM 87124
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