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    3301 Southern Blvd Rio Rancho, NM 87124

    For Sale
    $475,000

    1.6 Acres Commercial Land, High-Traffic Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.603-acre commercial land parcel is located at 3301 Southern Blvd SE in Rio Rancho, New Mexico, 87124. Zoned SU, this property offers significant potential for various commercial developments. Situated in a high-traffic area of the Country Club Plaza, it benefits from exceptional visibility and convenient access. The site is part of a thriving retail center anchored by established businesses including Planet Fitness, Arby's, Dollar General, Brew Lab, and Elevate Trampoline Park. Ample parking is available with cross-parking throughout, and multiple access points, including signalized intersections, ensure easy ingress and egress. The property's proximity to Rio Rancho's first Raising Cane's further enhances its desirability. This prime location presents a unique opportunity to build a new commercial venture in a dynamic and growing community. The asking price for this exceptional land is $475,000. Don't miss this chance to secure a prominent position in a successful retail center.

    Property Features for 3301 Southern Blvd

    General Information

    Property type
    Land
    Lot Size
    69,827 SF

    HighLights

    • 1.603‑acre commercial land parcel in a fitness‑anchored neighborhood shopping center in Rio Rancho, NM.
    • Ample parking with cross‑parking and multiple access points, including signalized intersections.
    • Strong retail co‑tenancy including Planet Fitness, Arby's, Dollar General, Brew Lab, and Elevate Trampoline Park.
    • Located near Rio Rancho's first Raising Cane's.
    • SU zoning allows for various commercial developments.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    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
    -106.669429
    Latitude
    35.2432792

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    FAQs

    What type of property is this?
    Land - 1.6 Acres Commercial Land, High-Traffic Area
    Where is this land located?
    The property is located at 3301 Southern Blvd Rio Rancho, NM.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: 1.603-acre commercial land parcel in a fitness-anchored neighborhood shopping center in Rio Rancho, NM.; Ample parking with cross-parking and multiple access points, including signalized intersections.; Strong retail co-tenancy including Planet Fitness, Arby's, Dollar General, Brew Lab, and Elevate Trampoline Park.
    (505) 337-0777
    Request Owner's contact information
    3301 Southern Blvd 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
    3301 Southern Blvd Rio Rancho, NM 87124
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