2600 American Rd Rio Rancho, NM 87048
- Office Properties & Spaces
- 28,624 SF
- 1.61 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 2600 American Rd
- Year built
- 1997
- Lot size
- 1.61 lot acres
- Property size
- 28,624 SF
- Property type
- Office Properties & Spaces
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rio Rancho
- County
- Bernalillo
- State
- New Mexico
- Longitude
- -106.66
- Latitude
- 35.2136
