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    590 Laser Rd Rio Rancho, NM 87124
    Property profile & analytics

    590 Laser Rd Rio Rancho, NM 87124


    • Distribution centers
    • 32,344 SF
    • 2.81 lot acres
    Rio Rancho Manufacturing/Distribution Opportunity For Lease
    $1,125,000
    48,864 SF

    Rio Rancho Manufacturing/Distribution Opportunity

    Functional industrial building near Highway 528, ideal for manufacturing/distribution.

    590 Laser Road Northeast, Rio Rancho, NM 87124
    View Listing
    Property ID
    US61-1409789
    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.

    Value Estimations
    $1,125,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Distribution centers

    Property Details for 590 Laser Rd

    Year built
    1989
    Lot size
    2.81 lot acres
    Property size
    32,344 SF
    Property type
    Distribution centers
    APN
    1-015-070-168-276
    APU
    1015070168276

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $910,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,342,000
      Market price range: $911k - $2.11M
    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $1,640,000
      Current use
      MEDICAL BUILDING
      $1,720,000
      Change: +5% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Rio Rancho
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.632
    Latitude
    35.2682
    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
    $58,536
    $196,602
    $1,209,168
    $1,405,770
    -
    $589,807
    $3,627,504
    $4,217,311
    View Listing
    More about this property
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