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    Property profile & analytics

    4895 Corrales Rd Corrales, NM 87048-8619

    • Manufacturing properties
    • 9,570 SF
    • 3.20 lot acres
    OFF-MARKET
    Value Estimation
    $615,000
    Location Intelligence
    Property ID
    US61-1333013
    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

    • Personalized Menopause Specialist Clinic / Medical Clinic
    • Sandos and Sandias / Restaurant
    • Ex Novo Brewing Company / Brewery / Bar

    Property Details for 4895 Corrales Rd

    Year built
    2019
    Lot size
    3.20 lot acres
    Property size
    9,570 SF
    Property type
    Manufacturing properties
    APN
    1-016-067-174-463
    APU
    1016067174463

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $605,000

    • CAP approach

      CAP return
      Estimation
      6%
      $640,000
      6.5%
      $700,000
      7%
      $675,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $610,000
      Geo Method
      $715,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $635,000
      Retail
      $735,000
      Mixed-Use
      $670,000
      Hospitality
      $755,000
      Educational
      $585,000
      Residential Income
      $575,000
      Energy
      $660,000
      Income-Based Land
      $595,000
      Food Service
      $665,000

    Location Insight

    • Map
    • Local Demand
    City
    Corrales
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.613
    Latitude
    35.2306
    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
    $29,447
    $228,183
    $385,013
    $613,196
    -
    $684,548
    $1,155,038
    $1,839,586

    Comparable in this City

    • Value Estimation by Request
      1,817 SF

      255 Msn Vly Rd

      MANUFACTURING (LIGHT) • 1,817 SF
      255 Msn Vly Rd, Corrales, NM 87048-7822
      View Details
    • Value Estimation
      $410,000
      3,444 SF

      4404 Corrales Rd

      MANUFACTURING (LIGHT) • 3,444 SF
      4404 Corrales Rd, Corrales, NM 87048-8608
      View Details
    • Value Estimation
      $820,000
      27,060 SF

      325 Academy Dr

      MINI-WAREHOUSE, STORAGE • 27,060 SF
      325 Academy Dr, Corrales, NM 87048-8782
      View Details
    • Value Estimation
      $690,000
      6,480 SF

      Sara SE Rd

      MINI-WAREHOUSE, STORAGE • 6,480 SF
      Sara SE Rd, Corrales, NM 87048
      View Details
    • Value Estimation
      $435,000
      5,472 SF

      Sara SE Rd

      MINI-WAREHOUSE, STORAGE • 5,472 SF
      Sara SE Rd, Corrales, NM 87048
      View Details
    • Value Estimation
      $465,000
      2,930 SF

      Corrales, NM 87048

      MINI-WAREHOUSE, STORAGE • 2,930 SF
      Corrales, NM 87048
      View Details

    Similar Nearby for Sale

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      26,286 SF

      Corrales Industrial Property For Sale

      Industrial property in Corrales with income potential.
      325 Academy Dr, Corrales, NM 87048
      View Details
    • $410,000

      Corrales Ranch Land - Prime Location

      44,866 sq ft Ranch Land, Rio Grande Views
      6950B Corrales Rd, Corrales, NM 87048
      View Details
    • $200,000
      1.00 Acre

      Spacious Corrales Land with Views

      One-acre lot in Corrales with Green Belt and mountain views.
      Perfecto Lopez Rd, Corrales, NM 87048
      View Details
    • New
      $250,000
      1.54 Acres

      Land with Panoramic Mountain Views

      Corrales land offering panoramic mountain and city views.
      Calle Contenta, Corrales, NM 87048
      View Details
    • $365,000
      1.11 Acres

      Corrales Land with Mountain Views

      1.1 acre lot with MRGCD access and mountain views.
      Loma Larga 147B Rd, Corrales, NM 87048
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    • $440,000
      1.05 Acres

      Corrales Estate Lots For Sale

      Estate lots in gated community near Ex Novo Brewery, Corrales.
      420 Pueblito Ln, Corrales, NM 87048
      View Details
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    4895 Corrales Rd
    Corrales, NM 87048-8619
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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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