701 Unser BlvdRio Rancho, NM 87124

Property Details for 701 Unser Blvd

Year built

2007

Lot size

2.57 AC

Property size (Sq ft)

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.

• CAP approach

  CAP return

  Valuation

  6%

  $4,675,384

  6.5%

  $4,315,739

  7%

  $4,007,472

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,765,634

  Geo Method

  $4,623,550

• Alternative Use

  Use

  Valuation

  Residential

  $3,640,488

  Hospitality

  $3,334,667

  Educational

  $2,774,404

  Medical

  $2,869,820

  Retail

  $4,315,739

Location Insight

City

Rio Rancho

County

Sandoval

State

New Mexico

Latitude

35.2448

Longitude

-106.698

CBSA code

10740

CBSA name

ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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