2003 SouthernRio Rancho, NM 87124

  • Retail properties
  • 15,016 SF
Off market
$478,461 Estimated

Property Details for 2003 Southern

Year built
1986
Lot size
1.31 AC
Property size (Sq ft)
15,016 SF
Property type
Retail properties
Property subtype
Strip malls
APN
1-011-068-381-411
APU
1011068381411

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,161,416
    6.5%
    $2,918,230
    7%
    $2,709,786
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,222,442
    Geo Method
    $3,126,367
  • Alternative Use

    Use
    Valuation
    Residential
    $2,461,637
    Hospitality
    $2,254,846
    Educational
    $1,876,005
    Medical
    $1,940,524
    Retail
    $2,918,230
2003 Southern, Rio Rancho, New Mexico

Location Insight

City
Rio Rancho
County
Sandoval
State
New Mexico
Latitude
35.2431
Longitude
-106.696
CBSA code
10740
CBSA name
ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $272,166
  • Assessed land value
    $123,256
  • Assessed value
    $395,422
  • Tax year
    2023
  • Tax bill
    $16,465

Property Visit Statistics

  • Visits by month
    38.4k
  • Visitors by month
    30.6k
  • Avg Time on site
    25 min

FAQs

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