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206 Frontage NE Rd Rio Rancho, NM 87124-1404

OFF-MARKET Industrial properties Google Maps
15,039 SF 154.56 ac lot Built 1990
Entity Owned ~ Est. High Equity
Estimated value (blended)
$520k
Range $468k – $572k (±10%)
Property ID US61-1409777

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1990
Total area 15,039 SF
Lot 154.56 ac (6,732,600 SF)
APN 1-015-070-136-012
UPID US61-1409777

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$520k
CAP Approach CAP
by Request
Comparable Approach Comparable
$901k
Blend (final) Blend
$520k

Owner & transaction history

since 2025
7 recorded transactions
2025
Price N/A
2022
Price N/A
2018
Price N/A
2017
Price N/A
2004
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $1.1M +6.2%

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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