Active
1101 Golf Course Road SE
Rio Rancho NM, 87124
$2,700,000
$167.56 per sqft
Active
16,114 sqft
Commercial
Courtesy of Berkshire Hathaway NM Prop
This fully-leased, two-story six suite, 16,114 sf medical-grade office building that sits on 0.9 acres with 48 parking spaces, a parking ratio of 3.06/1000 SF, starting 9/1/25 generates $242,304 in gross annual rental income, a 7.55% cap, offering stable income and value add potential through lease renewals. Owner Financing is available with 1,300,000 down; a rare blend of stability and value add potential!The property boasts a great Monument sign with direct frontage on Golf Course Rd (12,317 VPD), within a mile of the bustling Golf Course & Southern intersection (26,174 VPD). This property is zoned NC (Neighborhood Commercial) - ideal for medical
1074343
MLSⓇ ID
November 22, 2024
Listed
February 21, 2025
Updated
Interior Features
Total Stories
2
Fireplace
No
Cooling
Yes
Cooling Description
Refrigerated
Heating
Yes
Heating Description
Combination
Exterior/Building Features
Lot Size
0.9 Acres
Security
Fire Sprinkler System
Other Property Details
Area Name
140 - Rio Rancho South
Taxes
$15,420
Tax Frequency
Annually
Days on Market
83
Accessibility
Wheelchair Access
Garage
No
Parking
On Site
Parking Total
48
View
No
County
Sandoval
Pool
No
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Listing History
Date | Event | Price |
|---|---|---|
2/9/2025 | Price change | $2,700,000 -7% |
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