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2516 Southern Blvd
Rio Rancho, NM 87124
Retail Property For Sale


Executive Summary
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.
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.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,450 SF
Building Class
C
Year Built
1995
Price
$667,330 CAD
Price Per SF
$272.38 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.31 AC
Zoning
C-1 Rio Rancho - (A) Purpose. This district permits limited commercial uses such as those pertaining to the day-to-day needs of the residential populace.
Parking
6 Spaces (2.45 Spaces per 1,000 SF Leased)
Frontage
108’ on Southern Blvd
Amenities
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 1-012-068-179-334 | Improvements Assessment | $192,850 CAD |
| Land Assessment | $84,494 CAD | Total Assessment | $277,344 CAD |
Property Taxes
Parcel Number
1-012-068-179-334
Land Assessment
$84,494 CAD
Improvements Assessment
$192,850 CAD
Total Assessment
$277,344 CAD
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