Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Sec Unser Blvd & Westside Blvd Rio Rancho, NM 87124

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Sec Unser Blvd & Westside Blvd Rio Rancho, NM 87124

    View on Map
    • Mixed-use properties
    • 1.07 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Mixed-use properties

    Property Details for 0 Sec Unser Blvd & Westside Blvd

    Lot size
    1.07 lot acres
    Property type
    Mixed-use properties
    Property subtype
    Land

    Description

    This exceptional commercial land opportunity in Rio Rancho, New Mexico, presents a unique investment prospect. Located at the intersection of Unser Boulevard and Westside Boulevard, this property offers flexible parcel sizes ranging from 1.07 to 6.7 acres, ideal for build-to-suit (BTS) projects, leasing, or outright purchase. The site boasts a premier location within the Unser Gateway, a high-growth area characterized by significant residential development. The property benefits from high visibility and accessibility, featuring frontage on a major arterial and two other major streets, with three signalized intersections and multiple full-movement access points along Westside Boulevard and Wellspring Avenue. This strategic location is further enhanced by its proximity to Los Diamantes, a planned community encompassing 450 housing starts, a 70-acre business park, and an elementary school, as well as the established Cabezon Master-planned Community with over 2,600 homes. The area exhibits a high demand for retail, food, and medical services, making this an attractive location for businesses seeking to capitalize on a growing market. The property's adjacency to Presbyterian Rust Medical Center, the largest medical facility in Rio Rancho and Sandoval County, further strengthens its appeal. This is a rare chance to secure a significant presence in a thriving New Mexico community. The zip code is 87124.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rio Rancho
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.696
    Latitude
    35.2244

    Comparable in this City

    • Value Estimation by Request

      1000 21St St

      Land
      1000 21St St, Rio Rancho, NM 87124
      View Details
    • Value Estimation by Request
      1.16 Acres

      Rio Rancho Nm

      Land • 8,165 SF
      0 Rio Rancho Nm, Rio Rancho, NM 87124
      View Details
    • Value Estimation by Request
      0.56 Acres

      4124 Jackie Rd

      Land • 0.56 Acres
      4124 Jackie Rd, Rio Rancho, NM 87124
      View Details
    • Value Estimation by Request
      10.55 Acres

      Cabezon Rd & Unser Blvd

      Land • 10.55 Acres
      0 Cabezon Rd & Unser Blvd, Rio Rancho, NM 87124
      View Details
    • Value Estimation by Request

      812&816 Viga Loop

      Land
      0 812&816 Viga Loop, Rio Rancho, NM 87124
      View Details
    • Value Estimation by Request
      1.33 Acres

      Nec Westside Blvd. & Wellspring Ave

      Land • 1.33 Acres
      0 Nec Westside Blvd. & Wellspring Ave, Rio Rancho, NM 87124
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land for Mixed-Use Development

      Land available for mixed-use development in Rio Rancho.
      1000 21St St SE, Rio Rancho, NM 87124
      View Details
    • Contact for pricing
      2,385 SF

      Rio Rancho Mixed-Use Property

      Mixed-use property in Rio Rancho Estates with 4.48% CAP.
      200 Aldaba Cir NE, Rio Rancho, NM 87124
      View Details
    • Contact for pricing

      Land Available in Rio Rancho

      13.4 acres of land for sale in Rio Rancho.
      5Th St SE, Rio Rancho, NM 87124
      View Details
    • Contact for pricing

      Land Available For Sale

      Land available for sale at Unser Blvd & Cabezon Blvd.
      Unser Blvd & Cabezon Blvd NE, Albuquerque, NM 87124
      View Details
    • Contact for pricing
      1.00 Acre

      Rio Rancho Land For Sale

      One acre of land available in Rio Rancho, New Mexico.
      Lt53 Ave SW, Rio Rancho, NM 87124
      View Details
    • Contact for pricing
      0.50 Acres

      Land in Rio Rancho

      Land available in Rio Rancho, New Mexico.
      3Rd Ave SW, Rio Rancho, NM 87124
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Rio Rancho Commercial Space Available

      Office, retail, and industrial space for lease in Rio Rancho.
      103 Rio Rancho Blvd SE, Rio Rancho, NM 87124
      View Details
    • Contact for pricing

      Land Available For Lease

      Single tenant land available for lease.
      Neq Unser Blvd. & Northern Blvd, Rio Rancho, NM 87124
      View Details
    • Contact for pricing

      Prime Retail Land Opportunity

      Land for lease in high-traffic retail area.
      Rio Rancho Nm, Rio Rancho, NM 87124
      View Details
    • Contact for pricing

      Commercial Pad Sites for Lease

      Retail center pad sites available for lease in Rio Rancho.
      3705 Northern Blvd NE, Rio Rancho, NM 87124
      View Details
    • Contact for pricing

      Commercial Pad Sites for Lease

      Retail center pad sites for lease in Rio Rancho.
      3701 Northern Blvd NE, Rio Rancho, NM 87124
      View Details
    • Contact for pricing

      Commercial Pad Sites For Lease

      Retail center pad sites for lease in Rio Rancho.
      3801 Northern Blvd NE, Rio Rancho, NM 87124
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Sec Unser Blvd & Westside Blvd
    Rio Rancho, NM 87124
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    Sec Unser Blvd & Westside Blvd, Rio Rancho, NM, 87124

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!