3301 SouthernRio Rancho, NM 87124

  • Retail properties
  • 11,027 SF
For Sale
$475,000 View listing

Property Details for 3301 Southern

Year built
1998
Lot size
0.80 AC
Property size (Sq ft)
11,027 SF
Property type
Retail properties
Property subtype
Community centers
APN
1-013-068-057-388
APU
1013068057388

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,321,588
    6.5%
    $2,143,004
    7%
    $1,989,932
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,366,402
    Geo Method
    $2,295,848
  • Alternative Use

    Use
    Valuation
    Residential
    $1,807,704
    Hospitality
    $1,655,847
    Educational
    $1,377,645
    Medical
    $1,425,025
    Retail
    $2,143,004
3301 Southern, Rio Rancho, New Mexico

Location Insight

City
Rio Rancho
County
Sandoval
State
New Mexico
Latitude
35.2425
Longitude
-106.671
CBSA code
10740
CBSA name
ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $373,218
  • Assessed land value
    $155,016
  • Assessed value
    $528,234
  • Tax year
    2023
  • Tax bill
    $21,996

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