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    1403 Hwy 313 Algodones, NM 87001-8083

    • Retail space
    • 2,080 SF
    • 0.87 lot acres
    OFF-MARKET
    Value Estimation
    $370,000
    Location Intelligence
    Property ID
    US61-1334132
    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 1403 Hwy 313

    Year built
    1983
    Lot size
    0.87 lot acres
    Property size
    2,080 SF
    Property type
    Retail space
    APN
    1-023-078-435-098
    APU
    1023078435098

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Algodones
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.481
    Latitude
    35.3795
    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
    $2,682
    $31,479
    $45,077
    $76,556
    -
    $94,438
    $135,230
    $229,668

    Comparable in this City

    • Value Estimation
      $500,000
      9,635 SF

      2 Camino Karsten

      RETAIL STORES (PERSONAL SERVICES) • 9,635 SF
      2 Camino Karsten, Algodones, NM 87001-8215
      View Details
    • Value Estimation by Request
      720 SF

      52 Las Colonias

      PARKING GARAGE, PARKING STRUCTURE • 720 SF
      52 Las Colonias, Algodones, NM 87001-8002
      View Details
    • Value Estimation
      $385,000
      1,630 SF

      4 Bowersville Rd

      MANUFACTURING (LIGHT) • 1,630 SF
      4 Bowersville Rd, Algodones, NM 87001-8033
      View Details
    • Value Estimation
      $540,000
      12,000 SF

      17 Centro Algodones

      MANUFACTURING (LIGHT) • 12,000 SF
      17 Centro Algodones, Algodones, NM 87001-8216
      View Details
    • Value Estimation by Request
      21.91 Acres

      Frontage Rd

      Land • 21.91 Acres
      0 Frontage Rd, Algodones, NM 87001
      View Details
    • Value Estimation by Request
      4,000 SF

      664 Frontage Rd

      Commercial real estate • 4,000 SF
      664 Frontage Rd, Algodones, NM 87001
      View Details

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    • Contact for pricing
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      Land with Utilities Ready

      8.86 acres with electricity, between Santa Fe and Albuquerque.
      Camino Rufigio Roybal Rd, Algodones, NM 87001
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    • $1,900,000
      2,000 SF

      Algodones Commercial Property with Business

      Commercial property with established business, inventory, and customer base included.
      616 E Frontage I25, Algodones, NM 87001
      View Details
    • $90,000
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      I-25 Frontage Land Opportunity

      6.99 acres with commercial potential and I-25 frontage.
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      View Details
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    1403 Hwy 313
    Algodones, NM 87001-8083
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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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