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    Property profile & analytics

    2109 Southern SE Blvd Rio Rancho, NM 87124-3730

    • Drive through restaurants
    • 4,012 SF
    • 1.10 lot acres
    OFF-MARKET
    Value Estimation
    $480,000
    Location Intelligence
    Property ID
    US61-1399924
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Drive through restaurants

    Property Details for 2109 Southern SE Blvd

    Year built
    1995
    Lot size
    1.10 lot acres
    Property size
    4,012 SF
    Property type
    Drive through restaurants
    APN
    1-011-068-369-524
    APU
    1011068369524

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rio Rancho
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.691
    Latitude
    35.242
    CBSA code
    10740
    CBSA name
    ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $13,884
    $213,929
    $119,493
    $333,422
    -
    $641,788
    $358,479
    $1,000,267

    Comparable in this City

    • Value Estimation
      $420,000
      2,609 SF

      2312 Southern SE Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,609 SF
      2312 Southern SE Blvd, Rio Rancho, NM 87124-3733
      View Details
    • Value Estimation
      $465,000
      2,702 SF

      1830 Southern SE Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,702 SF
      1830 Southern SE Blvd, Rio Rancho, NM 87124-3507
      View Details
    • Value Estimation
      $470,000
      2,522 SF

      3351 Southern SE Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,522 SF
      3351 Southern SE Blvd, Rio Rancho, NM 87124-2064
      View Details
    • Value Estimation
      $405,000
      2,295 SF

      600 Unser SE Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,295 SF
      600 Unser SE Blvd, Rio Rancho, NM 87124-2476
      View Details
    • Value Estimation
      $400,000
      670 SF

      2200 Southern SE Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 670 SF
      2200 Southern SE Blvd, Rio Rancho, NM 87124-3731
      View Details
    • Value Estimation
      $475,000
      2,480 SF

      801 Unser SE Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,480 SF
      801 Unser SE Blvd, Rio Rancho, NM 87124-6368
      View Details

    Similar Nearby for Sale

    • $1,400,000

      Prime Rio Rancho QSR Opportunity

      Turn-key QSR, high traffic, 2023 build.
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      Restaurant/Retail Property For Sale

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      Country Club Center: Rio Rancho Retail Investment

      High-yield shopping center, prime Rio Rancho location.
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    • $1,200,000
      664 SF

      Retail Building on Southern Blvd

      Stand-alone retail building constructed in 2023 with high traffic exposure.
      2200 Southern Blvd SE, Rio Rancho, NM 87124
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    • $2,500,000
      6.18 Acres

      Rio Rancho Retail Land Opportunity

      6.176 Acres, Prime Retail Location
      0 Swc Broadmoor & Fruta, Rio Rancho, NM 87124
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    • Contact for pricing
      1.07 Acres

      Rio Rancho Commercial Land

      Mixed-use land, prime location.
      0 Sec Unser Blvd & Westside Blvd, Rio Rancho, NM 87124
      View Details

    Similar Nearby for Lease

    • $24 SF/Yr
      1,496 SF

      Renovated Retail/Office Space Available

      Modern, renovated retail or office space with high-visibility signage.
      2418 Southern Blvd SE, Rio Rancho, NM 87124
      View Details
    • $38 SF/Yr
      1,500 SF

      Retail/Office/Restaurant Space Available

      Shell space ideal for retail, restaurant, office, or medical uses.
      1141 Commercial Dr SE, Rio Rancho, NM 87124
      View Details
    • $349,000
      1,774 SF

      Restaurant Space Near Downtown CBD

      Restaurant-ready space with high visibility and existing infrastructure.
      2501 4Th St NW, Albuquerque, NM 87124
      View Details
    • Contact for pricing
      10,000 SF

      Prime Retail Space Rio Rancho

      Retail property at a busy intersection near major retailers.
      4100 Southern Blvd SE Buildng 2, Rio Rancho, NM 87124
      View Details
    • $499,000
      2,377 SF

      Remodeled Retail Space For Rent

      Remodeled retail space with flexible layout and on-site parking.
      2413 4Th St NW, Albuquerque, NM 87124
      View Details
    • $14 SF/Yr
      5,154 SF

      Retail Space Available For Lease

      Retail space available for lease in Albuquerque, New Mexico.
      2420 Comanche Rd NE, Albuquerque, NM 87124
      View Details

    Property Visit Statistics

    • Visits by month
      49.3k
    • Visitors by month
      26.8k
    • Avg Time on site
      10 min
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    Rio Rancho, NM 87124-3730
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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