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    Property profile & analytics

    500 Frontage NE Rd Rio Rancho, NM 87124-1408

    • Manufacturing properties
    • 19,940 SF
    • 1.56 lot acres
    OFF-MARKET
    Value Estimation
    $750,000
    Last Sale
    Sep 27, 2023
    Location Intelligence
    Property ID
    US61-1435510
    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

    • Manufacturing properties

    Property Details for 500 Frontage NE Rd

    Year built
    1987
    Lot size
    1.56 lot acres
    Property size
    19,940 SF
    Property type
    Manufacturing properties
    APN
    1-015-070-235-095
    APU
    1015070235095

    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
    -106.629
    Latitude
    35.2639
    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
    $26,514
    $108,771
    $527,969
    $636,740
    -
    $326,312
    $1,583,908
    $1,910,220

    Comparable in this City

    • Value Estimation
      $400,000
      4,150 SF

      680 Quantum NE Rd

      MANUFACTURING (LIGHT) • 4,150 SF
      680 Quantum NE Rd, Rio Rancho, NM 87124-4506
      View Details
    • Value Estimation
      $465,000
      11,372 SF

      504 Frontage NE Rd

      MANUFACTURING (LIGHT) • 11,372 SF
      504 Frontage NE Rd, Rio Rancho, NM 87124-1408
      View Details
    • Value Estimation
      $480,000
      10,000 SF

      506 Frontage NE Rd

      MANUFACTURING (LIGHT) • 10,000 SF
      506 Frontage NE Rd, Rio Rancho, NM 87124-1408
      View Details
    • Value Estimation
      $530,000
      12,898 SF

      220 Enterprise NE Rd

      MANUFACTURING (LIGHT) • 12,898 SF
      220 Enterprise NE Rd, Rio Rancho, NM 87124-1447
      View Details
    • Value Estimation by Request
      50,065 SF

      4901 Rockaway NE Blvd

      MANUFACTURING (LIGHT) • 50,065 SF
      4901 Rockaway NE Blvd, Rio Rancho, NM 87124-4503
      View Details
    • Value Estimation
      $405,000
      3,000 SF

      109 Industrial Park NE Loop

      MANUFACTURING (LIGHT) • 3,000 SF
      109 Industrial Park NE Loop, Rio Rancho, NM 87124-1436
      View Details

    Similar Nearby for Sale

    • $3,600,000
      31,000 SF

      Highly-Visible Warehouse Near Rio Bravo

      Warehouse with office space, dock-high door, and fenced property.
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    • $1,300,000
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      Rio Rancho Warehouse For Sale

      Warehouse with office space on a 1.03 acre lot.
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    • $1,195,000
      10,632 SF

      Industrial Property with Secure Yard

      Industrial property featuring easy access, secure yard, and drive-in doors.
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      View Details
    • $1,650,000
      12,200 SF

      Albuquerque Warehouse with Short-Term Leases

      Warehouse property in Albuquerque available for investment or owner-user.
      4516 2Nd St NW, Albuquerque, 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
    • $3,704,551
      10.55 Acres

      Rio Rancho Commercial Land Investment

      10.55 Acres, High-Traffic Location
      0 Cabezon Rd & Unser Blvd, Rio Rancho, NM 87124
      View Details

    Similar Nearby for Lease

    • $11 SF/Yr
      95,070 SF

      Rio Rancho Industrial Manufacturing Space

      95,070 SF Manufacturing/Warehouse in Rio Rancho, NM
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    • $11 SF/Yr
      48,864 SF

      Rio Rancho Industrial Manufacturing Space

      Single-tenant warehouse, 48,864 sq ft.
      590 Laser Rd, Rio Rancho, NM 87124
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    • $10 SF/Yr
      35,185 SF

      Albuquerque Warehouse with Dock Access

      35,185 SF warehouse featuring dock access and ample power.
      7110 2Nd St NW, Albuquerque, NM 87124
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    • $1,500 /Mo
      1,204 SF

      Rio Rancho Industrial Space Available

      Industrial spaces for lease with versatile business potential.
      1542 Stephanie Rd SE, Rio Rancho, NM 87124
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    • $1,250 /Mo
      880 SF

      Albuquerque Warehouse with Outdoor Storage

      Warehouse with insulated shipping container and convenient outdoor storage.
      2Nd St NW, Albuquerque, NM 87124
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    • $11 SF/Yr
      4,776 SF

      Rio Rancho Industrial Warehouse Space

      Industrial warehouse with customizable units available for rent.
      4901 Rockaway Blvd NE, Rio Rancho, NM 87124
      View Details
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    Rio Rancho, NM 87124-1408
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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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