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    4229 Corrales Rd Corrales, NM 87048

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    For Lease
    $2,300 /Mo ($17 SF/Yr)

    Commercial property in Corrales with high visibility and upward potential.

    Property size:
    1,617 SF
    Lot size:
    1.36 Acres

    Property Features for 4229 Corrales Rd

    General Information

    Size
    1,617 SF
    Lot size
    1.36 Acres

    Source: King Capital Commercial Real Estate Agent Diane Kappus

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Freestanding Commercial Property in Corrales

    This freestanding commercial property is located in the Village of Corrales and offers excellent visibility on Corrales Road, with full access to the property. It features a large pylon and monument sign holder. The property is zoned C- Village of Corrales. The location is ideal for a gallery, restaurant, or professional office user. It services a high-end consumer base with an average household income of $164,000. The property has upward potential and contains 1,617 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Corrales
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.6172124
    Latitude
    35.2219257

    FAQs

    What type of property is this?
    Retail space - Commercial property in Corrales with high visibility and upward potential.
    Where is this retail space located?
    The property is located at 4229 Corrales Rd Corrales, NM.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: - Excellent visibility on Corrales Rd. with full access.; - Ideal location for gallery, restaurant, or professional office.; - Services high-end consumer with average household income of $164,000.
    (505) 292-9607
    Request Owner's contact information
    4229 Corrales Rd Corrales, NM 87048
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    Corrales, NM 87048
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4229 Corrales Rd Corrales, NM 87048
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