Rio RanchoCorrales, NM 87048

Property Details for Rio Rancho

Year built

2001

Lot size

137.20 AC

Property size (Sq ft)

7,040 SF

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

1-014-067-020-516

APU

1014067020516

• CAP approach

  CAP return

  Valuation

  6%

  $1,250,273

  6.5%

  $1,154,098

  7%

  $1,071,663

• Comparable approach

  Method

  Valuation

  Relative Method

  $929,256

  Geo Method

  $901,549

• Alternative Use

  Use

  Valuation

  Residential

  $1,154,098

  Hospitality

  $1,057,148

  Educational

  $879,535

  Medical

  $909,783

  Retail

  $1,368,165

Location Insight

City

Corrales

County

Sandoval

State

New Mexico

Latitude

35.2322

Longitude

-106.656

CBSA code

10740

CBSA name

ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed Improved Value
  $80,980
• Assessed land value
  $261,966
• Assessed value
  $342,946
• Tax year
  2023
• Tax bill
  $14,280

FAQs

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