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    12198 12198th N # 14th N, Unit 14 Cedar Crest, NM 87008

    • Retail space
    • 936 SF
    • 0.22 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US61-0127790
    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.

    Current Use by Public Records

    • Retail space

    Property Details for 12198 12198th N # 14th N

    Year built
    1968
    Lot size
    0.22 lot acres
    Property size
    936 SF
    Property type
    Retail space
    APN
    1-030-061-039-021-3-01-24
    APU
    103006103902130124

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Crest
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.366
    Latitude
    35.1285
    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
    $652
    $7,956
    $10,499
    $18,455
    -
    $23,871
    $31,501
    $55,372

    Comparable in this City

    • Value Estimation by Request
      1,056 SF

      12147 Hwy 14

      RETAIL STORES (PERSONAL SERVICES) • 1,056 SF
      12147 Hwy 14, Cedar Crest, NM 87008-9461
      View Details
    • Value Estimation by Request
      1,568 SF

      12150 Hwy 14

      RETAIL STORES (PERSONAL SERVICES) • 1,568 SF
      12150 Hwy 14, Cedar Crest, NM 87008-9406
      View Details
    • Value Estimation
      $450,000
      5,760 SF

      6 Buffalo Aly Pl

      RETAIL STORES (PERSONAL SERVICES) • 5,760 SF
      6 Buffalo Aly Pl, Cedar Crest, NM 87008
      View Details
    • Value Estimation
      $385,000
      3,648 SF

      12129 Hwy 14

      RETAIL STORES (PERSONAL SERVICES) • 3,648 SF
      12129 Hwy 14, Cedar Crest, NM 87008-9492
      View Details
    • Value Estimation by Request
      644 SF

      12202 Hwy 14

      RETAIL STORES (PERSONAL SERVICES) • 644 SF
      12202 Hwy 14, Cedar Crest, NM 87008-9001
      View Details
    • Value Estimation
      $450,000
      5,997 SF

      12218 Hwy 14

      RETAIL STORES (PERSONAL SERVICES) • 5,997 SF
      12218 Hwy 14, Cedar Crest, NM 87008-9998
      View Details

    Similar Nearby for Sale

    • $80,000
      2.22 Acres

      Land with Mountain Views

      2.22 acres in Cedar Crest with views and open space.
      13 Vista Grande, Cedar Crest, NM 87008
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    • $600,000
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      Commercial Land on Turquoise Trail

      6.25 acres of commercial land fronting North Highway 14.
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    • $135,000
      6.30 Acres

      Versatile Land in Cedar Crest

      6.3-acre lot zoned C-1, suitable for commercial or residential use.
      2-B Snowline Rd, Cedar Crest, NM 87008
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    • $899,000
      15.90 Acres

      Land on NM 14, Cedar Crest

      Land in Cedar Crest, NM, with C-1 and A-2 zoning.
      12141 Nm State 14, Cedar Crest, NM 87008
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    • $300,000
      9.65 Acres

      Land in Cedar Crest, NM

      9.65 acre tract suitable for estate or horse property.
      12141 Nm-14, Cedar Crest, NM 87008
      View Details
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    12198 12198th N # 14th N, Unit 14
    Cedar Crest, NM 87008
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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
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