Rare Industrial in Rio Rancho

Industrial for Sale
Also listed as Vacant Land
Catylist Listing ID: 30462222
Property Subtypes: Flex Space, Free-Standing, Manufacturing, Mixed Use, Light Industrial, Truck Terminal, Warehouse/Distribution, Other
Building Size (RSF): 5,000 SF
Gross Land Area: 4.91 Acres
Sale Price: See Agent
Ceiling: 16 ft.
Docks/Doors: 3 Doors
Property Use Type: Vacant/Owner-User
Usable Size (USF): 5,000 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/26/2019

Overview / Comments

- Value established via recent appraisal
- Previously used for storage and light maintenance of school buses
- Ceiling heights 14’ to 16’
- Three drive in doors (10’ x 12’)
- Constructed in 1986
- 25% office buildout and 75% warehouse area
- Secured fenced yard
- Great amount of excess land (using a FAR of .30 the excess land equates to an additional 3.5 acres usable land)
- Excellent for multi-family development, repair facility for trucks, yard area, equipment and storing vehicles.

Additional Details

Nearest MSA: Albuquerque
County: Sandoval
Submarket/Township: Rio Rancho
Tax ID/APN: R048989
Zoning: SU (C-1)
Property Located Between: Idalia Rd & Unser Blvd
Area Description: Area is adjacent to multi-family development, housing developments, and commercial uses.
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1986
Construction/Siding: Metal Siding, Steel Frame
Parking Type: Surface
Sprinklers: None
Heat Type: Natural Gas
Air Conditioning: Evaporative Cooler
Water Service: Municipal
Sewer Type: Septic
Easements: Utilities, Other

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,078 49,470 121,724
Median Age: 39.23 37.14 36.68
Households: 2,177 18,465 45,378


Photograph of Listing Agent

Keith Bandoni

Colliers International CARNM CIE Member
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