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    Property profile & analytics
    OFF-MARKET Estimated value $710,000
    Industrial properties

    206 Frontage NE Rd, Rio Rancho, NM 87124-1404

    15,039 SF 154.56 ac lot Built 1990
    Entity Owned ~ Est. High Equity
    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
    Implied cap rate, NOI & suggested price
    Cap 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
    $710k
    Owner & transaction history
    Bad Laf Frontage Road LLC
    Bad Laf Frontage Road LLC
    since 2025
    7 recorded transactions
    2025
    2022
    2018
    2017
    2004
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $1.1M +6.2%
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