Property profile

2003 Southern SE Blvd Rio Rancho, NM 87124

OFF-MARKET
Strip malls
Property ID
US61-1367696
15,016 SF 1.31 ac lot Built 1986
Entity Owned 13-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1986
Total area 15,016 SF
Lot 1.31 ac (57,064 SF)
APN 1-011-068-381-411
UPID US61-1367696

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bank Credit Union
  • Arcade & Gaming Center
  • Restaurant
  • Mobile Phone Store Electronics & Wireless Store
  • Restaurant

Location

2003 Southern SE Blvd Rio Rancho, NM 87124-3751
Rio Rancho metro Census 10705 ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$530k
CAP Approach CAP
by Request
Comparable Approach Comparable
$612k
Blend (final) Blend
$530k

Owner & transaction history

since 2013
2 recorded transactions
2013
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Medical building $800,000 +7.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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