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    Property profile & analytics

    180 Monte Alto NE Pl Albuquerque, NM 87123-2349

    • Residential income homes
    • 3,400 SF
    • 0.26 lot acres
    OFF-MARKET
    Value Estimation
    $320,000
    Location Intelligence
    Property ID
    US61-0067197
    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

    • Residential income homes

    Property Details for 180 Monte Alto NE Pl

    Year built
    1978
    Lot size
    0.26 lot acres
    Property size
    3,400 SF
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    1-023-056-093-441-2-05-01
    APU
    102305609344120501

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $285,000

    • CAP approach

      CAP return
      Estimation
      6%
      $420,000
      6.5%
      $455,000
      7%
      $390,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $385,000
      Geo Method
      $425,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $350,000
      Retail
      $410,000
      Mixed-Use
      $435,000
      Hospitality
      $350,000
      Educational
      $470,000
      Residential Income
      $360,000
      Energy
      $400,000
      Income-Based Land
      $375,000
      Food Service
      $400,000

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.494
    Latitude
    35.0694
    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
    $3,481
    $25,164
    $56,301
    $81,465
    -
    $75,499
    $168,920
    $244,419

    Comparable in this City

    • Value Estimation
      $865,000
      26,240 SF

      13101 Wenonah SE Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 26,240 SF
      13101 Wenonah SE Ave, Albuquerque, NM 87123-3868
      View Details
    • Value Estimation
      $390,000
      5,712 SF

      514 Morris NE St

      APARTMENT HOUSE (UNDER 5 UNITS) • 5,712 SF
      514 Morris NE St, Albuquerque, NM 87123-2867
      View Details
    • Value Estimation
      $370,000
      2,016 SF

      716 Morris NE St

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,016 SF
      716 Morris NE St, Albuquerque, NM 87123-2872
      View Details
    • Value Estimation
      $315,000
      980 SF

      149 General Marshall NE St

      APARTMENT HOUSE (UNDER 5 UNITS) • 980 SF
      149 General Marshall NE St, Albuquerque, NM 87123-2525
      View Details
    • Value Estimation
      $455,000
      7,776 SF

      13500 Skyline NE Rd

      APARTMENT HOUSE (UNDER 5 UNITS) • 7,776 SF
      13500 Skyline NE Rd, Albuquerque, NM 87123-2186
      View Details
    • Value Estimation by Request
      51,584 SF

      901 Tramway NE Blvd

      APARTMENT HOUSE (UNDER 5 UNITS) • 51,584 SF
      901 Tramway NE Blvd, Albuquerque, NM 87123-1707
      View Details

    Similar Nearby for Sale

    • $355,000
      Pending

      Albuquerque Fourplex: Investment Opportunity

      Cash flow positive fourplex with seller financing available in Albuquerque.
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      Quadruplex near KAFB, Sandia Labs, I-40, and Uptown.
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    • $215,000
      0.66 Acres

      Albuquerque Development Land - 0.66 Acres

      Prime Albuquerque land: retail & residential potential.
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    • $129,500
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      Inviting Home in Four Hills

      Spacious home with modern kitchen, natural light, and community amenities.
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      Historic Route 66 Ranch Home

      Historic Route 66 ranch home on 10.7 acres.
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      Retail Space Near Walmart

      Retail space with high visibility near a Walmart shopping center.
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    Similar Nearby for Lease

    • Contact for pricing
      23,497 SF

      Retail Space in High-Traffic Corridor

      Retail space available in a high-traffic Albuquerque location.
      36-40 Hotel Cir NE, Albuquerque, NM 87123
      View Details
    • $20 SF/Yr
      5,480 SF

      Office Space in Tech Park

      Office space for rent in Sandia Science & Tech Park.
      10421 Research Rd SE, Albuquerque, NM 87123
      View Details
    • $35 SF/Yr
      1,850 SF

      Retail Space in North Towne

      Retail space available in Whole Foods anchored North Towne Plaza.
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      View Details
    • $11 SF/Yr
      1,150 SF

      Retail Space with Open Layout

      Retail space featuring an open floor plan and restroom.
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      View Details
    • New
      $5,000 /Mo
      102,366 SF

      Commercial Land For Lease

      2.35 acre commercial land suitable for various business uses.
      114-156 Wyoming Blvd NE, Albuquerque, NM 87123
      View Details
    • Contact for pricing
      23,522 SF

      Prime Juan Tabo Commercial Land

      1 Acre, High-Traffic Location, MX-H Zoning
      109 Juan Tabo Blvd, Albuquerque, NM 87123
      View Details
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    Albuquerque, NM 87123-2349
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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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