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

    1000 Sara Rd Rio Rancho, NM 87124

    • Commercial real estate
    • 0.71 lot acres
    For Lease
    View listing
    $120,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US61-1415045
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1000 Sara Rd

    Lot size
    0.71 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 0.71-acre commercial land parcel presents a prime retail investment opportunity in Rio Rancho, New Mexico's fastest-growing city. Strategically located on a hard corner at the signalized intersection of Southern Boulevard and Sara Road, this C-1 zoned property boasts ±44,300 cars per day, ensuring high visibility and accessibility. With 175 feet of frontage on Southern Boulevard, the site is perfectly suited for a variety of commercial uses, including drive-thru coffee shops, quick-service restaurants (QSRs), auto parts stores, and more. The property's location within Sandoval County, at 1000 Sara Rd, Rio Rancho, NM 87124 (35.24113453918721, -106.6731181971514), offers unparalleled exposure to a thriving consumer base. Please note that an existing residence is located on the site and should not be disturbed. This is a single-tenant property offering significant potential for immediate development and strong returns. The high traffic counts and prominent location make this an exceptional opportunity for investors seeking a high-impact retail investment in a rapidly expanding market.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Rio Rancho
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.67311819715
    Latitude
    35.241134539187

    Comparable in this City

    • 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
    • Contact for pricing
      8,165 SF

      Rio Rancho Commercial Land Opportunity

      Prime 1.156-acre commercial lot, 8,165 sqft.
      0 Rio Rancho Nm, Rio Rancho, NM 87124
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    • 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
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    • 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
      1 SF

      Rio Rancho Commercial Land Opportunity

      1.67 Acres, C-1 Zoning, Prime Location
      0 Neq Unser Blvd. & Northern Blvd, Rio Rancho, NM 87124
      View Details
    • Contact for pricing

      Retail Pad Sites for Lease

      Commercial pad sites available for lease in established retail center.
      1201 Loma Colorado Blvd NE, Rio Rancho, NM 87124
      View Details

    Similar Nearby for Sale

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      1.07 Acres

      Rio Rancho Commercial Land

      Mixed-use land, prime location.
      0 Sec Unser Blvd & Westside Blvd, Rio Rancho, NM 87124
      View Details
    • $3,704,551
      10.55 Acres

      Rio Rancho Commercial Land Investment

      10.55 Acres, High-Traffic Location
      0 Cabezon Rd & Unser Blvd, Rio Rancho, NM 87124
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    • $399,000
      2.01 Acres

      Rio Rancho Commercial Land - $399K

      2.012 Acres, C-2 Zoning, High Traffic
      0 Northern Blvd. & Lumberman Rd, Rio Rancho, NM 87124
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    • $250,000
      0.56 Acres

      Rio Rancho Commercial Land - $250K

      Prime Industrial Lot, Ready to Build
      4124 Jackie Rd, Rio Rancho, NM 87124
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    • Contact for pricing
      0.50 Acres

      Half Acre Lot in Rio Rancho

      Residential land offers mountain views and quiet natural beauty.
      B71 L7 Rd SW, Rio Rancho, NM 87124
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      2.00 Acres

      Rio Rancho Land Package

      2 acres of land for sale in Rio Rancho.
      3 Lot - 2.00 Acre Land Package Rd NW, Rio Rancho, NM 87124
      View Details

    Similar Nearby for Lease

    • 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
    • Contact for pricing
      8,165 SF

      Rio Rancho Commercial Land Opportunity

      Prime 1.156-acre commercial lot, 8,165 sqft.
      0 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
      1 SF

      Rio Rancho Commercial Land Opportunity

      1.67 Acres, C-1 Zoning, Prime Location
      0 Neq Unser Blvd. & Northern Blvd, Rio Rancho, NM 87124
      View Details
    • Contact for pricing

      Retail Pad Sites for Lease

      Commercial pad sites available for lease in established retail center.
      1201 Loma Colorado Blvd NE, Rio Rancho, NM 87124
      View Details
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    1000 Sara Rd
    Rio Rancho, NM 87124
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    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
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