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    Property profile & analytics

    Industrial Park NE Loop Corrales, NM 87048

    • Industrial properties
    • 2,430 SF
    • 2.72 lot acres
    OFF-MARKET
    Value Estimation
    $420,000
    Last Sale
    Mar 01, 2023
    Location Intelligence
    Property ID
    US61-1327320
    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

    • Industrial properties

    Property Details for Industrial Park NE Loop

    Year built
    1990
    Lot size
    2.72 lot acres
    Property size
    2,430 SF
    Property type
    Industrial properties
    APN
    1-015-069-168-518
    APU
    1015069168518

    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
    -106.631
    Latitude
    35.2613
    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
    $7,324
    $88,467
    $87,430
    $175,897
    -
    $265,402
    $262,289
    $527,691

    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
      $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
      $615,000
      9,570 SF

      4895 Corrales Rd

      MANUFACTURING (LIGHT) • 9,570 SF
      4895 Corrales Rd, Corrales, NM 87048-8619
      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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    Industrial Park NE Loop
    Corrales, NM 87048
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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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