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    Property profile & analytics

    3301 Southern Blvd Rio Rancho, NM 87124

    • Community centers
    • 11,027 SF
    • 0.80 lot acres
    For Sale
    View listing
    $475,000
    Value Estimation
    Location Intelligence
    Property ID
    US61-1367695
    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

    • Community centers

    Property Details for 3301 Southern Blvd

    Year built
    1998
    Lot size
    0.80 lot acres
    Property size
    11,027 SF
    Property type
    Community centers
    APN
    1-013-068-057-388
    APU
    1013068057388

    Description

    This exceptional 1.603-acre commercial land parcel is located at 3301 Southern Blvd SE in Rio Rancho, New Mexico, 87124. Zoned SU, this property offers significant potential for various commercial developments. Situated in a high-traffic area of the Country Club Plaza, it benefits from exceptional visibility and convenient access. The site is part of a thriving retail center anchored by established businesses including Planet Fitness, Arby's, Dollar General, Brew Lab, and Elevate Trampoline Park. Ample parking is available with cross-parking throughout, and multiple access points, including signalized intersections, ensure easy ingress and egress. The property's proximity to Rio Rancho's first Raising Cane's further enhances its desirability. This prime location presents a unique opportunity to build a new commercial venture in a dynamic and growing community. The asking price for this exceptional land is $475,000. Don't miss this chance to secure a prominent position in a successful retail center.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $580,000

    • CAP approach

      CAP return
      Estimation
      6%
      $840,000
      6.5%
      $770,000
      7%
      $750,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $890,000
      Geo Method
      $690,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $895,000
      Retail
      $910,000
      Mixed-Use
      $705,000
      Hospitality
      $895,000
      Educational
      $805,000
      Residential Income
      $890,000
      Energy
      $770,000
      Income-Based Land
      $945,000
      Food Service
      $825,000

    Location Insight

    • Map
    • Local Demand
    City
    Rio Rancho
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.671
    Latitude
    35.2425
    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
    $21,996
    $155,016
    $373,218
    $528,234
    -
    $465,048
    $1,119,654
    $1,584,702

    Comparable in this City

    • Value Estimation
      $1,110,000
      73,888 SF

      2003 Southern SE Blvd

      MINI-MALL • 73,888 SF
      2003 Southern SE Blvd, Rio Rancho, NM 87124-3751
      View Details
    • Value Estimation
      $415,000
      4,578 SF

      1290 Rio Rancho SE Blvd

      MINI-MALL • 4,578 SF
      1290 Rio Rancho SE Blvd, Rio Rancho, NM 87124-1884
      View Details
    • Value Estimation
      $455,000
      9,089 SF

      4300 Ridgecrest SE Dr

      SHOPPING CENTER, STRIP CENTER • 9,089 SF
      4300 Ridgecrest SE Dr, Rio Rancho, NM 87124-5907
      View Details
    • Value Estimation
      $485,000
      7,200 SF

      1101 Rio Rancho SE Blvd

      SHOPPING CENTER, STRIP CENTER • 7,200 SF
      1101 Rio Rancho SE Blvd, Rio Rancho, NM 87124-1034
      View Details
    • Value Estimation
      $810,000
      13,750 SF

      2345 Southern SE Blvd

      SHOPPING CENTER, STRIP CENTER • 13,750 SF
      2345 Southern SE Blvd, Rio Rancho, NM 87124-3760
      View Details
    • Value Estimation
      $920,000
      22,207 SF

      701 Unser SE Blvd

      SHOPPING CENTER, STRIP CENTER • 22,207 SF
      701 Unser SE Blvd, Rio Rancho, NM 87124-6370
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $10 SF/Yr
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      Fitness Anchored Retail Space

      Retail space in fitness anchored shopping center for rent.
      3301 Southern Blvd SE, Rio Rancho, NM 87124
      View Details
    • $17 SF/Yr
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      Retail Space in Rio Rancho

      Retail space available in busy Rio Rancho submarket.
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      View Details
    • Contact for pricing
      48,000 SF

      Retail Space Near Intel Facility

      Retail space available near Intel's manufacturing facility in Rio Rancho.
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    • $499,000
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      Remodeled Retail Space For Rent

      Remodeled retail space with flexible layout and on-site parking.
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      View Details
    • Contact for pricing
      10,000 SF

      Prime Retail Space Rio Rancho

      Retail property at a busy intersection near major retailers.
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      View Details
    • $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
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    Rio Rancho, NM 87124
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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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