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1744 Abrazo Rd Rio Rancho, NM 87124

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Estimated value
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Property ID

Property summary

AI-generated overview

This exceptional 34,848 square foot industrial land parcel presents a remarkable investment opportunity in the thriving Rio Rancho, New Mexico market. Located at 1744 Abrazo NE, zip code 87124, this property offers unparalleled convenience with readily accessible water and electric connections. The expansive lot size provides ample space for a variety of industrial developments, catering to diverse business needs. Situated in Sandoval County, this .804-acre site benefits from its strategic location within a rapidly growing area, promising significant future appreciation. The absence of existing structures allows for complete design flexibility, enabling the construction of a facility tailored to specific requirements. This is a rare chance to acquire a substantial piece of land in a prime location, ideal for entrepreneurs and investors seeking to establish a strong foothold in a dynamic market. Don't miss this exceptional opportunity to secure a valuable asset in a burgeoning commercial zone. The property is zoned for industrial use. Act quickly to capitalize on this exceptional investment potential.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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