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    Property profile & analytics

    Tramway NE Blvd Albuquerque, NM 87122

    • Commercial land
    • 15.99 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 21, 2020
    Location Intelligence
    Property ID
    US61-0108367
    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

    • Commercial land

    Property Details for Tramway NE Blvd

    Lot size
    15.99 lot acres
    Property type
    Commercial land
    APN
    1-022-062-497-482-1-02-02
    APU
    102206249748210202

    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
    -106.499
    Latitude
    35.1584
    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
    $31,757
    $661,934
    $0.00
    $661,934
    -
    $1,986,000
    $0.00
    $1,986,000

    Comparable in this City

    • Value Estimation by Request
      83.15 Acres

      Albuquerque, NM 87122

      VACANT COMMERCIAL LAND • 83.15 Acres
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    • Value Estimation by Request
      0.23 Acres

      7843 Tramway NE Blvd

      VACANT COMMERCIAL LAND • 0.23 Acres
      7843 Tramway NE Blvd, Albuquerque, NM 87122-2515
      View Details
    • Value Estimation by Request
      0.89 Acres

      8300 Carmel Ave Ne Ste, Unit 401

      VACANT COMMERCIAL LAND • 0.89 Acres
      8300 Carmel Ave Ne Ste, Albuquerque, NM 87122-3147
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    • Value Estimation by Request
      1.12 Acres

      Albuquerque, NM 87122

      VACANT COMMERCIAL LAND • 1.12 Acres
      Albuquerque, NM 87122
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    • Value Estimation by Request
      0.73 Acres

      Lowell

      VACANT COMMERCIAL LAND • 0.73 Acres
      Lowell, Albuquerque, NM 87122
      View Details
    • Value Estimation by Request
      0.14 Acres

      Signal NE Ave

      VACANT COMMERCIAL LAND • 0.14 Acres
      Signal NE Ave, Albuquerque, NM 87122
      View Details

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      Albuquerque Land with Unobstructed Views

      Land in Albuquerque with 360-degree views and custom home potential.
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      Albuquerque Land with Mountain Views

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    Similar Nearby for Lease

    • Contact for pricing

      Land for Lease or Build-to-Suit

      Highly accessible land with frontage along I-25 available for lease.
      8200 Carmel Ave NE, Albuquerque, NM 87122
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    • $12 SF/Yr
      16,212 SF

      Industrial Warehouse with Fenced Yard

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      View Details
    • Contact for pricing
      51,486 SF

      Paseo Crossing Retail Shops in Albuquerque

      Prime NE Heights Retail Space Available
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      Retail Space at Busy Intersection

      Retail space available at a high-traffic Albuquerque intersection.
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    • $25 SF/Yr
      1,200 SF

      Retail Space Near Trader Joe’s

      Retail space available in high-income area anchored by Trader Joe’s.
      8850 Holly Ave NE, Albuquerque, NM 87122
      View Details
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    Albuquerque, NM 87122
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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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