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    Property profile & analytics

    1724 Grande SE Blvd Rio Rancho, NM 87124-1726

    • Medical offices
    • 3,907 SF
    • 0.50 lot acres
    OFF-MARKET
    Value Estimation
    $445,000
    Location Intelligence
    Property ID
    US61-1388541
    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

    • Medical offices

    Property Details for 1724 Grande SE Blvd

    Year built
    2001
    Lot size
    0.50 lot acres
    Property size
    3,907 SF
    Property type
    Medical offices
    Property subtype
    Medical space
    APN
    1-013-067-357-422
    APU
    1013067357422

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $395,000

    • CAP approach

      CAP return
      Estimation
      6%
      $580,000
      6.5%
      $645,000
      7%
      $555,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $675,000
      Geo Method
      $540,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $545,000
      Retail
      $555,000
      Mixed-Use
      $570,000
      Hospitality
      $545,000
      Educational
      $640,000
      Residential Income
      $635,000
      Energy
      $525,000
      Income-Based Land
      $630,000
      Food Service
      $645,000

    Location Insight

    • Map
    • Local Demand
    City
    Rio Rancho
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.661
    Latitude
    35.2291
    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
    $12,759
    $95,526
    $210,884
    $306,410
    -
    $286,579
    $632,653
    $919,232

    Comparable in this City

    • Value Estimation
      $340,000
      1,987 SF

      918 Pinehurst Rd Sea-101

      MEDICAL BUILDING • 1,987 SF
      918 Pinehurst Rd Sea-101, Rio Rancho, NM 87124-2568
      View Details
    • Value Estimation
      $370,000
      3,428 SF

      2401 Cabezon Blvd Se Ste, Unit 102

      MEDICAL BUILDING • 3,428 SF
      2401 Cabezon Blvd Se Ste, Rio Rancho, NM 87124-1513
      View Details
    • Value Estimation by Request
      18,737 SF

      1721 Rio Rancho SE Blvd

      MEDICAL BUILDING • 18,737 SF
      1721 Rio Rancho SE Blvd, Rio Rancho, NM 87124-1570
      View Details
    • Value Estimation
      $430,000
      4,070 SF

      2421 Cabezon SE Blvd

      DENTAL BUILDING • 4,070 SF
      2421 Cabezon SE Blvd, Rio Rancho, NM 87124-1578
      View Details
    • Value Estimation
      $475,000
      6,100 SF

      1790 Grande SE Blvd

      MEDICAL BUILDING • 6,100 SF
      1790 Grande SE Blvd, Rio Rancho, NM 87124-1756
      View Details
    • Value Estimation by Request
      34,437 SF

      4100 High Resort SE Blvd

      MEDICAL BUILDING • 34,437 SF
      4100 High Resort SE Blvd, Rio Rancho, NM 87124-5901
      View Details

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    Similar Nearby for Lease

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      View Details
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    Rio Rancho, NM 87124-1726
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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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