590 Laser RdRio Rancho, NM 87124

Property Details for 590 Laser Rd

Year built

1989

Lot size

2.81 AC

Property size (Sq ft)

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.

• CAP approach

  CAP return

  Valuation

  6%

  $9,902,880

  6.5%

  $9,141,120

  7%

  $8,488,180

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,407,010

  Geo Method

  $4,275,620

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $4,765,810

  Mixed-Use / Specialty

  $4,810,510

  Hospitality / Lodging

  $3,609,630

  Office

  $4,846,180

  Institutional / Educational

  $5,023,040

  Residential Income

  $5,876,950

  Multifamily

  $6,706,500

  Automotive / Energy

  $4,305,460

  Parking / Income-Based Land

  $1,424,810

  Restaurant / Food Service

  $2,633,640

  Healthcare / Senior Housing

  $4,869,820

Location Insight

City

Rio Rancho

County

Sandoval

State

New Mexico

Latitude

35.2682

Longitude

-106.632

CBSA code

10740

CBSA name

ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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