2516 Southern Blvd - Freestanding FOR SALE


Rio Rancho, NM 87124
$480,000 USD
505-980-6151
2516 Southern Blvd, Rio Rancho, NM for Sale
$480,000 USD
Freestanding - FOR SALE
1/12
null | Request Cap Rate

2516 Southern Blvd
Rio Rancho, NM 87124


OVERVIEW

2516 Southern Blvd SE offers a rare small-format commercial opportunity in the heart of Rio Rancho’s established Southern Boulevard corridor. The property features a 2,450 SF freestanding building on approximately 0.31 acres, zoned C-1, with a flexible mix of retail/office space, a heated shop area, two roll-up doors, two bathrooms, and a large, secured, walled yard. The current layout includes reception, office/treatment rooms, shop space, signage visibility, on-site parking, and yard storage, making it well-suited for contractors, service trades, specialty retail, salon/wellness users, light automotive, or an owner-user needing both customer-facing and operational space. The property benefits from strong corridor exposure, with Southern Boulevard carrying approximately 26,000 cars per day, and is surrounded by established retail and service businesses, including restaurants, national retailers, banks, and neighborhood commercial users. Demographics are strong, with a projected 2026 population of 14,188 within 1 mile, 83,054 within 3 miles, and 155,463 within 5 miles. Average household income is approximately $111,473 within 1 mile, $108,978 within 3 miles, and $111,657 within 5 miles, with reported daytime employment of 3,789, 121,245, and 40,309 within the same radii.

FOR SALE DETAILS

PRICE

$480,000 USD

PRICE/SF

$196 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

C-1 Rio Rancho

APN/PARCEL ID

1-012-068-179-334

ASK ABOUT THIS PROPERTY

Tai AlleyBerger Briggs Real Estate & Insurance, Inc.More Info
505-980-6151

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Tai AlleyBerger Briggs Real Estate & Insurance, Inc.More Info
505-980-6151

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.