1594 Sara Road

1594 Sara Road Rio Rancho, NM 87124

1594 Sara Road, Rio Rancho, NM, 87124
1594 Sara Road, Rio Rancho, NM, 87124
FOR SALE
Property Type:
Strip Center
Amount:
$1,300,000
Last Verified:
Apr 23, 2019

Highlights

  • Surrounded by rooftops
  • Next door to on of the city's busiest churches

Description

L Shaped Neighborhood Strip Center on Sara Road West of 528 with tenants with long history at this center. Surrounded by rooftops in Rio Rancho.

Sara and 528

Building Size: 13957.0sq ft
Lot Size: 0.71 acres

Map of 1594 Sara Road, Rio Rancho, NM, 87124

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.