1137 CommercialRio Rancho, NM 87124

  • Healthcare properties
  • 5,389 SF
Off market
$367,731 Estimated

Property Details for 1137 Commercial

Year built
2009
Lot size
0.57 AC
Property size (Sq ft)
5,389 SF
Property type
Healthcare properties
Property subtype
Medical offices
APN
1-011-068-325-241
APU
1011068325241

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $771,824
    6.5%
    $712,453
    7%
    $661,564
  • Comparable approach

    Method
    Valuation
    Relative Method
    $458,922
    Geo Method
    $445,239
  • Alternative Use

    Use
    Valuation
    Residential
    $883,442
    Hospitality
    $809,228
    Educational
    $673,268
    Medical
    $696,423
    Retail
    $1,047,306
1137 Commercial, Rio Rancho, New Mexico

Location Insight

City
Rio Rancho
County
Sandoval
State
New Mexico
Latitude
35.2387
Longitude
-106.698
CBSA code
10740
CBSA name
ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $249,976
  • Assessed land value
    $53,934
  • Assessed value
    $303,910
  • Tax year
    2023
  • Tax bill
    $12,655

FAQs

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