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Property profile & analytics
OFF-MARKET
Warehouses

0 Broadmoor Blvd Rio Rancho, NM 87144

4.5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 4.5-acre warehouse property, located at Broadmoor Blvd NE in Rio Rancho, New Mexico, presents a unique investment opportunity. Currently zoned O-1, this site offers significant potential for redevelopment. The asking price is $980,000. The property's strategic location within a rapidly expanding area of Rio Rancho makes it ideal for a variety of uses. Given the current zoning, and the possibility of rezoning to C-1 or SU, developers could explore options including office spaces, retail establishments, multi-family residential units, or storage facilities. The expansive lot size provides ample room for substantial development projects. Owner financing is a possibility, requiring a minimum 20% down payment. This property is situated in Sandoval County, New Mexico, with the zip code 87144. The coordinates are 35.2868187 latitude and -106.6769885 longitude. This is a rare chance to acquire a prime piece of land in a thriving market, poised for significant growth and return on investment. Don't miss this opportunity to secure a valuable asset in a high-demand location.

Property profile
Verified
Property type Warehouses
Lot 4.5 ac (196,020 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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