Property profile

2704 Southern SE Blvd Rio Rancho, NM 87124

OFF-MARKET
Strip malls
Property ID
US61-1336487
10,422 SF 0.99 ac lot Built 1987
Entity Owned 15-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1987
Total area 10,422 SF
Lot 0.99 ac (43,124 SF)
APN 1-012-068-271-334
UPID US61-1336487

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
  • Medical Clinic
  • (Bike/Boat/Book/etc) Store
  • Alternative Medicine Practice
  • Alternative Medicine Practice
  • Charitable Organization Social Service Agency

Location

2704 Southern SE Blvd Rio Rancho, NM 87124-3747
Rio Rancho metro Census 10731 ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$630k
CAP Approach CAP
by Request
Comparable Approach Comparable
$616k
Blend (final) Blend
$630k

Owner & transaction history

since 2011
1 recorded transaction
2011
Price N/A

Zoning & alternative use

Top alternative use upside
Auto repair, garage $975,000 +88.3%
Industrial (general) $685,000 +32.4%
Medical building $555,000 +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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2704 Southern SE Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message