510 Laser RdRio Rancho, NM 87124

Property Details for 510 Laser Rd

Year built

1992

Lot size

4.52 AC

Property size (Sq ft)

87,729 SF

Property type

Distribution centers

APN

1-015-070-146-208

APU

1015070146208

Description

This exceptional single-tenant industrial property, located at 510 Laser Rd NE in Rio Rancho, New Mexico, offers 95,070 square feet of versatile space ideal for manufacturing, warehousing, or distribution operations. Situated on a 4.52-acre lot in Sandoval County, this one-story building features a range of desirable characteristics. The high ceilings, ranging from 20'6" to 25'6", provide ample vertical space for efficient storage and operations. Ten convenient dock-high doors and two drive-in doors ensure smooth and efficient loading and unloading. The property is equipped with heavy power – 3-phase, 500 kVA to the building – meeting the demands of energy-intensive operations. Its strategic location offers easy access to Highway 528, a major transportation artery, enhancing logistical efficiency. The property is zoned SU by the City of Rio Rancho, ensuring compliance with local regulations. This exceptional facility presents a rare opportunity for businesses seeking a well-equipped and strategically located industrial space in a thriving New Mexico market. The zip code is 87124.

• CAP approach

  CAP return

  Valuation

  6%

  $26,860,300

  6.5%

  $24,794,100

  7%

  $23,023,100

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,953,500

  Geo Method

  $11,597,100

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $12,926,600

  Mixed-Use / Specialty

  $13,047,900

  Hospitality / Lodging

  $9,790,670

  Office

  $13,144,700

  Institutional / Educational

  $13,624,300

  Residential Income

  $15,940,500

  Multifamily

  $18,190,500

  Automotive / Energy

  $11,678,000

  Parking / Income-Based Land

  $3,864,620

  Restaurant / Food Service

  $7,143,410

  Healthcare / Senior Housing

  $13,208,800

Location Insight

City

Rio Rancho

County

Sandoval

State

New Mexico

Latitude

35.2671

Longitude

-106.632

CBSA code

10740

CBSA name

ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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