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    Property profile & analytics

    2827 Rio Grande NW Blvd Albuquerque, NM 87107-2972

    • Residential income homes
    • 813 SF
    • 1.18 lot acres
    OFF-MARKET
    Value Estimation
    $365,000
    Last Sale
    Aug 22, 2022
    Location Intelligence
    Property ID
    US61-1639179
    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 2827 Rio Grande NW Blvd

    Year built
    1926
    Lot size
    1.18 lot acres
    Property size
    813 SF
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    1-012-060-497-230-4-03-14
    APU
    101206049723040314

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.676
    Latitude
    35.1228
    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
    $4,911
    $68,993
    $66,727
    $135,720
    -
    $207,000
    $200,200
    $407,200

    Comparable in this City

    • Value Estimation
      $370,000
      1,900 SF

      321 Aztec NW Rd

      APARTMENT HOUSE (UNDER 5 UNITS) • 1,900 SF
      321 Aztec NW Rd, Albuquerque, NM 87107-2300
      View Details
    • Value Estimation
      $345,000
      3,480 SF

      520 Los Arboles NW Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,480 SF
      520 Los Arboles NW Ave, Albuquerque, NM 87107-1259
      View Details
    • Value Estimation by Request
      3,262 SF

      3901 Lafayette NE Dr

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,262 SF
      3901 Lafayette NE Dr, Albuquerque, NM 87107-4606
      View Details
    • Value Estimation
      $390,000
      1,359 SF

      321 Vineyard NW Rd

      APARTMENT HOUSE (UNDER 5 UNITS) • 1,359 SF
      321 Vineyard NW Rd, Los Ranchos, NM 87107-5850
      View Details
    • Value Estimation
      $380,000
      1,524 SF

      4426 12th NW St

      APARTMENT HOUSE (UNDER 5 UNITS) • 1,524 SF
      4426 12th NW St, Albuquerque, NM 87107-3657
      View Details
    • Value Estimation
      $320,000
      1,550 SF

      4619 9th NW St

      APARTMENT HOUSE (UNDER 5 UNITS) • 1,550 SF
      4619 9th NW St, Albuquerque, NM 87107-3758
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $22 SF/Yr
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      Albuquerque Retail Space: North Valley

      Prime Mixed-Use Retail Opportunity, 8,816 SF Available
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      16,000 SF Retail Building, Ready for Occupancy
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      Versatile commercial building suitable for various small business uses.
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      First generation retail spaces in walkable Los Ranchos location.
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      Warehouse/Office Space Available

      5,000 SF warehouse/office space available 8/1/2025.
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    • $11 SF/Yr
      2,400 SF

      Established Albuquerque Trade Center Space

      Industrial and retail spaces available in established business center.
      3520 Pan American Fwy NE, Albuquerque, NM 87107
      View Details
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    Albuquerque, NM 87107-2972
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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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