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Property profile & analytics
OFF-MARKET
Office Spaces

2600 American Rd Rio Rancho, NM 87048

28,624 SF 1.61 ac lot Built 1997
Property ID
Property summary
AI-generated overview

The Summit Building, a Class B office property located at 2600 American Rd SE in Corrales, New Mexico, presents a compelling investment opportunity. This three-story building, constructed in 1997, offers 28,624 to 29,019 square feet of executive office space, priced at $199.87 per square foot. The asking price for the entire property is $5,800,000. Situated on a 1.61-acre lot zoned A-1, the building features ample parking with a ratio of 4.5 spaces per 1,000 square feet. The property consists of one building and currently operates as a multi-tenant occupancy. The total land area encompasses 70,132 square feet. While rail service is not available, the building's strategic location in Rio Rancho, New Mexico, 87048, offers excellent access to major transportation routes and amenities. This property is ideal for investors seeking a well-maintained, established office building in a growing market. The building's size and configuration provide flexibility for a variety of uses within the permitted zoning. Detailed financial information and property reports are available upon request.

Property profile
Verified
Property type Office Spaces
Year built 1997
Total area 28,624 SF
Lot 1.61 ac (70,132 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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