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    FOR LEASE
    Distribution centers

    590 Laser Rd Northeast, Rio Rancho, NM 87124

    32,344 SF 2.81 ac lot Built 1989
    Entity Owned 19-yr Hold ~ Est. High Equity
    Property ID
    US61-1409789
    Property summary
    AI-generated overview

    This exceptional 48,864-square-foot industrial property, located at 590 Laser Rd NE in Rio Rancho, New Mexico, presents a compelling opportunity for manufacturing or distribution businesses. The single-tenant building sits on a 2.81-acre lot and boasts a single story design for efficient operations. The property features three dock-high doors and one drive-in door, ensuring seamless loading and unloading of goods. Power is robust, with heavy power – 3-phase, 1,000 kVA service directly to the building, accommodating significant energy demands. The building is zoned SU by the City of Rio Rancho, making it suitable for a variety of industrial uses. Its strategic location offers easy access to Highway 528, a major arterial route, providing excellent connectivity for regional and national distribution. This property in Sandoval County, zip code 87124, offers a rare combination of size, functionality, and location, making it an ideal choice for businesses seeking a high-performance industrial space in a thriving New Mexico market. The property's address is 590 Laser Rd NE, Rio Rancho, NM 87124.

    Property profile
    Verified
    Property type Distribution centers
    Use group DISTRIBUTION WAREHOUSE
    Year built 1989
    Total area 32,344 SF
    Lot 2.81 ac (122,404 SF)
    APN 1-015-070-168-276
    UPID US61-1409789
    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
    $910k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.34M
    Blend (final) Blend
    $1.13M
    Owner & transaction history
    Quantum Road Investors LLC · 19 yrs held
    Quantum Road Investors LLC
    since 2007
    5 recorded transactions
    2017
    2007
    2005
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Medical building $1.7M +4.7%
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