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    Broadmoor Blvd And Cardiff Ave Rio Rancho, NM 87124

    For Sale
    $2,286,900

    10 Acres, Build-to-Suit Options Available

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    Tierra del Oro Commercial Center presents a unique investment opportunity: 10 acres of prime commercial land in the master-planned community of Tierra del Oro, located in Rio Rancho, New Mexico, at the intersection of Broadmoor Blvd and Cardiff Ave (zip code 87124). This unimproved land, situated in Sandoval County, offers exceptional potential for developers seeking to build-to-suit or purchase ready-to-build parcels. The property is currently listed at $2,286,900 and represents the only available commercial land within this thriving community. Its strategic location provides excellent visibility and accessibility, making it ideal for a variety of commercial ventures. The site is fully prepared for immediate development, eliminating lengthy preparation delays. In addition to land sales, lease options are available for commercial spaces built to suit, offering competitive net-net-net (NNN) rates. This presents a rare chance to secure a significant foothold in a rapidly growing area, capitalizing on the strong demand for commercial space in Rio Rancho. The latitude and longitude coordinates are 35.2416127, -106.6968553 respectively. Don't miss this opportunity to acquire a substantial piece of prime commercial real estate in a highly desirable location.

    Property Features for 0 Broadmoor Blvd And Cardiff Ave

    General Information

    Property type
    Land
    Lot Size
    435,600 SF

    HighLights

    • 10‑acre prime commercial land available for sale or build‑to‑suit.
    • Exclusive commercial land offering within the Tierra Del Oro master‑planned community.
    • Ready for immediate development.
    • Commercial parcels and pads for sale; lease space also available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Rio Rancho
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.6968553
    Latitude
    35.2416127

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    FAQs

    What type of property is this?
    Land - 10 Acres, Build-to-Suit Options Available
    Where is this land located?
    The property is located at Broadmoor Blvd And Cardiff Ave Rio Rancho, NM.
    What is the asking price?
    The asking price for this property is $2,286,900.
    What are key features of this property?
    This property features: 10-acre prime commercial land available for sale or build-to-suit.; Exclusive commercial land offering within the Tierra Del Oro master-planned community.; Ready for immediate development.
    (505) 256-7573
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    Broadmoor Blvd And Cardiff Ave 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
    Broadmoor Blvd And Cardiff Ave Rio Rancho, NM 87124
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