206 Frontage NE Rd, Rio Rancho, NM 87124-1404
This exceptional 15,300-square-foot warehouse, situated on a 1.5-acre lot in Sandoval County, presents a compelling investment opportunity. The property boasts a highly desirable location, offering excellent visibility from NM Highway 528, with a daily traffic count of 29,600 vehicles. The building features a versatile layout, ideal for a variety of industrial uses. The warehouse space itself totals approximately 12,759 square feet, complemented by approximately 2,541 square feet of newly remodeled office space. The property is fully fenced and gated, providing enhanced security. The warehouse features a 12'6" ceiling height, two dock-high doors (with ramp access available), and three-phase power. A fire suppression system is in place for added safety. Convenient rear access is provided via Industrial Park Loop. The M-1 zoning allows for a range of industrial applications. The entire 15,300 square feet is currently vacant, making it ready for immediate occupancy. This property offers a unique blend of functionality, accessibility, and visibility, making it an attractive option for businesses seeking a well-equipped and strategically located warehouse facility.
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
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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.