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    10200 Corrales Rd Albuquerque, NM 87114

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    10200 Corrales Rd Albuquerque, NM 87114


    • Strip malls
    • 12,378 SF
    • 4.13 lot acres
    Office For Lease
    $204 SF/Yr

    Office

    Retail space

    10200 Corrales Rd, Albuquerque, NM 87114
    View Listing
    Property ID
    US61-0216096
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $540,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Jay Pirkle: Allstate Insurance / Insurance Agency
    • Little Anitas New Mexican Foods / Restaurant
    • Tara S. Cunnings, DOM / Medical Clinic / Alternative Medicine Practice
    • JJ’s Dog Grooming / Pet Grooming Service
    • Shorty's Shears LLC / Barber Shop

    Property Details for 10200 Corrales Rd

    Year built
    1984
    Lot size
    4.13 lot acres
    Property size
    12,378 SF
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    1-014-065-332-513-1-04-02
    APU
    101406533251310402

    Description

    This exceptional retail opportunity presents two available spaces within the established Las Tiendas de Corrales Shopping Center, located at 10200 Corrales Rd, Albuquerque, NM 87114. Built in 1984, this single-story shopping center comprises five buildings totaling multiple suites. The available spaces range from 557 to 711 square feet, ideal for a variety of retail uses. The property enjoys a highly desirable Northwest Albuquerque location, benefiting from convenient access via NM 528, Corrales Road, and Coors Blvd, making it easily accessible for commuters from Corrales and Rio Rancho. Its proximity to Cottonwood Corners and Cottonwood Mall Shopping Center further enhances its visibility and accessibility. The center is strategically positioned near popular establishments such as Flying Star, Sprouts Farmers Market, and Satellite Coffee, as well as the charming Village of Corrales. The strong tenant mix includes Boxing Bear Brewing Company, Little Anita's, Star Tattoo, Village Salon Studios, Acupuncture & Herbal Center, Kobe Pho, Double Dragon, and Queen Bee Nails, creating a vibrant and attractive shopping destination. The surrounding area boasts a significant population base, with an estimated 39,100 people within the Alameda CPD and approximately 17,600 in the Corrales CPD, providing a substantial customer pool for potential tenants. This is a rare chance to secure retail space in a thriving, well-established center.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $575,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $508,000
      Market price range: $274k - $508k
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $365,000
      Current use
      AUTO REPAIR, GARAGE
      $710,000
      Change: +94% Conversion: Difficult
      MEDICAL BUILDING
      $660,000
      Change: +80% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.646
    Latitude
    35.2031
    CBSA code
    10740
    CBSA name
    ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $39,894
    $317,376
    $403,914
    $721,290
    -
    $952,224
    $1,211,862
    $2,164,086
    View Listing
    More about this property
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