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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Community centers
3301 Southern SE Blvd Rio Rancho, NM 87124-2085
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US61-1367695
Property summary
AI-generated overview
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.
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1998
Total area
11,027 SF
Lot
0.8 ac (34,848 SF)
APN
1-013-068-057-388
UPID
US61-1367695
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
$580k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$598k
Blend (final)
Blend
$590k
Owner & transaction history
T Country Club Center Nm LLC · 6 yrs held
T Country Club Center Nm LLC
since 2019
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$725,000
+32.4%
Medical building
$585,000
+7.1%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Rio Rancho submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rio Rancho submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$580,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$545,000
Current use
INDUSTRIAL (GENERAL)
$725,000
Change: +32% · Conversion: Difficult
MEDICAL BUILDING
$585,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$590k
Range $531k – $649k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$54 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$21,996
Tax year 2023
Assessed value
$528,234
Assessed 2024
Previous assessed
$206,389
+155.9% YoY
Effective rate
4.16%
On assessed value
Assessed land
$155,016
Assessed improvement
$373,218
Land market value
$465,048
Improvement market value
$1,119,654
Total market value
$1,584,702
Applied tax rate
510.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1998
Heating
NONE
Stories
1
Total area
11,027 SF
Lot
0.8 ac (34,848 SF)
APN
1-013-068-057-388
UPID
US61-1367695
Jurisdiction
SANDOVAL
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$545,000
INDUSTRIAL (GENERAL)
Est. value
$725,000
MEDICAL BUILDING
Est. value
$585,000
NEIGHBORHOOD: SHOPPING CENTER Current
INDUSTRIAL (GENERAL)
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1998
Heating
NONE
Stories
1
Lot
0.8 ac
Current owner
From public records · entity-resolved
T Country Club Center Nm LLC
Entity
Mailing address
7825 N MESA ST, EL PASO, TX 79932-1623
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2019
—
T Country Club Center Nm LLC
Rio Rancho Station LLC
Trustees Deed
$4,160,000 · Frost Bk
Mar 29, 2013
—
Rio Rancho Station LLC
—
Deed Of Trust
related
$128,300,000 · Bank Of America
Apr 3, 2009
—
Rio Rancho Station LLC
—
Deed Of Trust
related
$118,000,000 · Bank Of America
—
—
Vazquez Realty Holdings LLC
—
Deed Of Trust
related
$910,000 · Weststar Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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