For Sale
$2,900,000

1101 Golf Course RdRio Rancho, NM 87124

Class A medical office, 15,689 SF, owner-user opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional Class A medical office building, located at 1101 Golf Course Rd SE in Rio Rancho, New Mexico, presents a compelling investment or owner-user opportunity. The 15,689-square-foot, two-story building sits on a 0.9-acre lot and boasts six suites, four of which are currently leased, generating $154,800 in annual rental income. Built in 2010, the property features 48 parking spaces, a sizable monument sign, and attractive landscaping. The building is equipped with modern amenities including a three-phase power system, fire sprinklers, and an elevator, all built to medical-grade standards. Its prime location offers excellent visibility, situated less than a mile from the high-traffic intersection of Golf Course and Southern Roads (26,174 vehicles per day), with direct frontage on Golf Course Road (12,317 vehicles per day). The NC (Neighborhood Commercial) zoning allows for a variety of uses, including medical complexes, retail shops, and banks. The property offers a unique value-add opportunity through leasing the remaining vacant suite or owner-occupancy. The seller is open to owner financing with a $1,300,000 down payment. The property's APN is R041071. This is a rare opportunity to acquire a high-quality, income-producing medical office building in a desirable location.

Highlights

  • Owner financing available with potential for owner occupancy, utilizing current income to service debt.
  • 15,689 square foot building.
  • 0.9014-acre land parcel.
  • Neighborhood Commercial (NC) zoning.
  • Excellent golf course frontage.
  • Less than one mile from golf course and Southern [presumably a road or landmark].

Property Details for 1101 Golf Course Rd

Property type
Office properties, Medical offices
Square Feet
15,689 SF
Class
A
Year Built
2010
Buildings
1
Stories
2
Lot Size (sq. ft)
39,204 SF
Units
6

Location Insight

City
Rio Rancho
County
Sandoval
State
New Mexico
Latitude
35.238816885814
Longitude
-106.67700306932
1101 Golf Course Rd, Rio Rancho, New Mexico

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1101 Golf Course Rd
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