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    Property profile & analytics

    2400 2nd NW St Albuquerque, NM 87102-1075

    • Specialty properties
    • 14,848 SF
    • 1.02 lot acres
    OFF-MARKET
    Value Estimation
    $470,000
    Location Intelligence
    Property ID
    US61-0501314
    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

    • The Rock at NoonDay / Non-Profit Organization
    • NoonDay Church / Association / Organization
    • DBSA Albuquerque / Mental Health Service

    Property Details for 2400 2nd NW St

    Year built
    2014
    Lot size
    1.02 lot acres
    Property size
    14,848 SF
    Property type
    Specialty properties
    APN
    1-014-059-390-272-1-02-20
    APU
    101405939027210220

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $420,000

    • CAP approach

      CAP return
      Estimation
      6%
      $620,000
      6.5%
      $620,000
      7%
      $670,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $640,000
      Geo Method
      $565,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $585,000
      Retail
      $640,000
      Mixed-Use
      $545,000
      Hospitality
      $710,000
      Educational
      $710,000
      Residential Income
      $525,000
      Energy
      $680,000
      Income-Based Land
      $555,000
      Food Service
      $590,000

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.644
    Latitude
    35.1093
    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
    $0.00
    $97,836
    $355,123
    $452,959
    -
    $293,537
    $1,065,475
    $1,359,012

    Comparable in this City

    • Value Estimation by Request
      5,791 SF

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    • Value Estimation by Request
      0.16 Acres

      501 Central NE Ave

      COMMERCIAL MISC • 0.16 Acres
      501 Central NE Ave, Albuquerque, NM 87102
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    • Value Estimation by Request
      5,457 SF

      717 Stover SW Ave

      FUNERAL HOME • 5,457 SF
      717 Stover SW Ave, Albuquerque, NM 87102-3761
      View Details
    • Value Estimation
      $385,000
      4,753 SF

      201 Highland Park SE Cir

      CHARITABLE ORGANIZATION • 4,753 SF
      201 Highland Park SE Cir, Albuquerque, NM 87102-3632
      View Details
    • Value Estimation
      $375,000
      3,111 SF

      1101 Indian School NE Rd

      CHARITABLE ORGANIZATION • 3,111 SF
      1101 Indian School NE Rd, Albuquerque, NM 87102-1635
      View Details
    • Value Estimation
      $475,000
      13,096 SF

      1201 Legion NE Rd

      CHARITABLE ORGANIZATION • 13,096 SF
      1201 Legion NE Rd, Albuquerque, NM 87102
      View Details

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      Downtown Albuquerque Parking Lot Rental

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      View Details

    Property Visit Statistics

    • Visits by month
      32.3k
    • Visitors by month
      24.5k
    • Avg Time on site
      18 min
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    Albuquerque, NM 87102-1075
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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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