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    Property profile & analytics

    Velarde, NM 87582

    • Individual retail properties
    • 66.20 lot acres
    OFF-MARKET
    Value Estimation
    $455,000
    Last Sale
    Jun 06, 2024
    Location Intelligence
    Property ID
    US61-1185041
    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

    • Individual retail properties

    Property Details

    Lot size
    66.20 lot acres
    Property type
    Individual retail properties
    APN
    1 052 133 332 118
    APU
    1052133332118

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Velarde
    County
    Rio Arriba
    State
    New Mexico
    Longitude
    -105.971
    Latitude
    36.1792
    CBSA code
    21580
    CBSA name
    ESPANOLA, NM MICROPOLITAN 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
    $2,219
    $20,308
    $50,374
    $70,682
    -
    $60,924
    $151,122
    $212,046

    Comparable in this City

    • Value Estimation by Request
      2.00 Acres

      6 County Rd 60a

      APPLIANCE STORE • 2.00 Acres
      6 County Rd 60a, Velarde, NM 87582
      View Details
    • Value Estimation
      $430,000
      2.01 Acres

      Velarde, NM 87582

      APPLIANCE STORE • 2.01 Acres
      Velarde, NM 87582
      View Details
    • Value Estimation by Request
      0.75 Acres

      40 County Rd 59

      APPLIANCE STORE • 0.75 Acres
      40 County Rd 59, Velarde, NM 87582
      View Details
    • Value Estimation by Request
      35.39 Acres

      200 Private Dr

      APPLIANCE STORE • 35.39 Acres
      200 Private Dr, Velarde, NM 87582
      View Details
    • Value Estimation by Request
      0.36 Acres

      16 County Rd 50

      APPLIANCE STORE • 0.36 Acres
      16 County Rd 50, Velarde, NM 87582
      View Details
    • Value Estimation by Request
      0.41 Acres

      Velarde, NM 87582

      APPLIANCE STORE • 0.41 Acres
      Velarde, NM 87582
      View Details

    Similar Nearby for Sale

    • $84,900
      8.54 Acres

      Land with Building Sites

      8.54 acre property with building sites and pristine views.
      59 County Rd, Velarde, NM 87582
      View Details
    • $999,000
      2,000 SF

      Hydroponic Farm with Riverfrontage

      7.5-acre hydroponic farm with 2,000 sq ft home.
      64 Private Dr, Velarde, NM 87582
      View Details
    • $3,500,000
      117.00 Acres

      91 Acres Riverfront Farmland Investment

      91 acres of farmland with senior water rights.
      39 And 41, Velarde, NM 87582
      View Details
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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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