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    Property profile & analytics

    2 Corte De Canoncito Cedar Crest, NM 87008-9420

    • Office Properties & Spaces
    • 2,826 SF
    • 0.91 lot acres
    OFF-MARKET
    Value Estimation
    $365,000
    Location Intelligence
    Property ID
    US61-0115854
    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

    • Mountain Veterinary Clinic / Veterinarian

    Property Details for 2 Corte De Canoncito

    Year built
    1963
    Lot size
    0.91 lot acres
    Property size
    2,826 SF
    Property type
    Office Properties & Spaces
    APN
    1-030-061-048-322-2-02-03
    APU
    103006104832220203

    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
    35.137
    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
    $1,874
    $5,666
    $47,429
    $53,095
    -
    $17,000
    $142,300
    $159,300

    Comparable in this City

    • Value Estimation
      $355,000
      2,391 SF

      2 Birch Rd

      OFFICE (GENERAL) • 2,391 SF
      2 Birch Rd, Cedar Crest, NM 87008-9553
      View Details
    • Value Estimation
      $300,000
      2,086 SF

      12453 Hwy 14

      OFFICE (GENERAL) • 2,086 SF
      12453 Hwy 14, Cedar Crest, NM 87008-9719
      View Details
    • Value Estimation by Request
      1,852 SF

      12385 Hwy 14

      OFFICE (GENERAL) • 1,852 SF
      12385 Hwy 14, Cedar Crest, NM 87008-9709
      View Details
    • Value Estimation by Request
      0.04 Acres

      State Hwy 14th N

      OFFICE BUILDING • 0.04 Acres
      State Hwy 14th N, Cedar Crest, NM 87008
      View Details
    • Value Estimation by Request
      2,477 SF

      12009 Hwy 14

      PROFESSIONAL BUILDING • 2,477 SF
      12009 Hwy 14, Cedar Crest, NM 87008-9405
      View Details
    • Value Estimation
      $385,000
      3,164 SF

      12028 Hwy 14

      PROFESSIONAL BUILDING • 3,164 SF
      12028 Hwy 14, Cedar Crest, NM 87008-9405
      View Details

    Similar Nearby for Sale

    • $600,000
      6.25 Acres

      Commercial Land on Turquoise Trail

      6.25 acres of commercial land fronting North Highway 14.
      12141 Hwy North, Cedar Crest, NM 87008
      View Details
    • $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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    • $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
      View Details
    • $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
      View Details
    • $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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    2 Corte De Canoncito
    Cedar Crest, NM 87008-9420
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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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