1101 Golf Crse SE Rd Rio Rancho, NM 87124-4731
This exceptional Class A medical office building, located at 1101 Golf Course Rd SE in Rio Rancho, New Mexico, presents a compelling investment or owner-user opportunity. The 15,689-square-foot, two-story building sits on a 0.9-acre lot and boasts six suites, four of which are currently leased, generating $154,800 in annual rental income. Built in 2010, the property features 48 parking spaces, a sizable monument sign, and attractive landscaping. The building is equipped with modern amenities including a three-phase power system, fire sprinklers, and an elevator, all built to medical-grade standards. Its prime location offers excellent visibility, situated less than a mile from the high-traffic intersection of Golf Course and Southern Roads (26,174 vehicles per day), with direct frontage on Golf Course Road (12,317 vehicles per day). The NC (Neighborhood Commercial) zoning allows for a variety of uses, including medical complexes, retail shops, and banks. The property offers a unique value-add opportunity through leasing the remaining vacant suite or owner-occupancy. The seller is open to owner financing with a $1,300,000 down payment. The property's APN is R041071. This is a rare opportunity to acquire a high-quality, income-producing medical office building in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.