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    Property profile & analytics

    4908 Corrales Rd Corrales, NM 87048-8613

    • Investment properties
    • 4,960 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimation
    $460,000
    Location Intelligence
    Property ID
    US61-1367535
    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

    • Sage Valley Pottery / Pottery Manufacturer / Ceramic Manufacturer
    • Mulas / Restaurant

    Property Details for 4908 Corrales Rd

    Year built
    1999
    Lot size
    1.00 lot acres
    Property size
    4,960 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    1-016-067-270-436
    APU
    1016067270436

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Corrales
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.613
    Latitude
    35.2299
    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
    $14,216
    $61,667
    $234,363
    $296,030
    -
    $185,000
    $703,090
    $888,090

    Comparable in this City

    • Value Estimation
      $345,000
      931 SF

      4586 Corrales Rd

      STORE/OFFICE (MIXED USE) • 931 SF
      4586 Corrales Rd, Corrales, NM 87048
      View Details
    • Value Estimation
      $475,000
      4,698 SF

      4605 Corrales Rd

      STORE/OFFICE (MIXED USE) • 4,698 SF
      4605 Corrales Rd, Corrales, NM 87048-8617
      View Details
    • Value Estimation
      $465,000
      4,916 SF

      4686 Corrales Rd

      STORE/OFFICE (MIXED USE) • 4,916 SF
      4686 Corrales Rd, Corrales, NM 87048-8610
      View Details
    • Value Estimation
      $665,000
      11,823 SF

      4940 Corrales Rd

      STORE/OFFICE (MIXED USE) • 11,823 SF
      4940 Corrales Rd, Corrales, NM 87048-8673
      View Details
    • Value Estimation
      $420,000
      7,020 SF

      4685 Corrales Rd

      STORE/OFFICE (MIXED USE) • 7,020 SF
      4685 Corrales Rd, Corrales, NM 87048-8695
      View Details
    • Value Estimation
      $500,000
      7,040 SF

      Rio Rancho SE Dr

      STORE/OFFICE (MIXED USE) • 7,040 SF
      Rio Rancho SE Dr, Corrales, NM 87048
      View Details

    Similar Nearby for Sale

    • $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
      View Details
    • $325,500
      1.00 Acre

      Corrales Land with Mountain Views

      One-acre lot in Corrales with Sandia Mountain views.
      20 Blue Sky, Corrales, NM 87048
      View Details
    • $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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    4908 Corrales Rd
    Corrales, NM 87048-8613
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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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