701 Unser SE Blvd Rio Rancho, NM 87124-6370
- Strip malls
- 22,207 SF
- 2.57 lot acres
Current Use by Public Records
- Strip malls
Property Details for 701 Unser SE Blvd
- Year built
- 2007
- Lot size
- 2.57 lot acres
- Property size
- 22,207 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 1-011-068-326-476
- APU
- 1011068326476
Description
This exceptional 1,600 square foot inline retail space is ideally situated at 701 Unser Blvd SE, Rio Rancho, NM 87124, at the busy intersection of Unser Blvd and Southern Blvd. The property boasts a high-traffic location, benefiting from a signalized intersection and adjacency to a major grocery store, ensuring consistent customer flow. This location is surrounded by a densely populated residential area with over 73,000 people within a three-mile radius, providing a substantial customer base. The property is part of a thriving retail center, with neighboring businesses including Walmart Supercenter, Walgreens, Wendy's, Panda Express, Aaron's, T-Mobile, Carl's Jr., Mattress Firm, and Starbucks. Unser Blvd sees 32,700 vehicles per day, and Southern Blvd sees 21,300 vehicles per day, guaranteeing significant visibility and accessibility. The space is immediately available and totals 1,600 contiguous square feet. This is a single-suite building, perfect for a variety of retail uses. Please note that cannabis-related businesses are not permitted at this location. This property presents a unique opportunity for businesses seeking high visibility and a strong customer base in a rapidly growing area. Contact us today to schedule a showing.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $875,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $890,000
- 6.5%
- $980,000
- 7%
- $910,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,085,000
- Geo Method
- $1,145,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $990,000
- Retail
- $1,145,000
- Mixed-Use
- $1,180,000
- Hospitality
- $1,140,000
- Educational
- $965,000
- Residential Income
- $1,150,000
- Energy
- $1,205,000
- Income-Based Land
- $1,180,000
- Food Service
- $1,135,000
Location Insight
- Map
- Local Demand
- City
- Rio Rancho
- County
- Sandoval
- State
- New Mexico
- Longitude
- -106.698
- Latitude
- 35.2448
- CBSA code
- 10740
- CBSA name
- ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA
