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    524 Central Ave SW, Unit 708 Albuquerque, NM 87102

    For Sale
    $330,000

    Loft-style condo near restaurants, breweries, nightlife, and downtown market.

    Property size:
    1,554 SF
    Lot size:
    0.19 Acres

    Property Features for 524 Central Ave SW

    General Information

    Size
    1,554 SF
    Lot size
    0.19 Acres

    Building Details

    Year built
    2015

    Source: Keller Williams Realty Albuquerque Agent Gene Della Maggiora

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chic Loft-Style Downtown Retreat

    This loft-style retreat at the Residences at the Anasazi features soaring ceilings and abundant natural light, creating an airy and inviting atmosphere. The kitchen is equipped with sleek countertops and stainless-steel appliances. The property includes the convenience of in-unit laundry and a reserved parking space. Located in downtown Albuquerque, the residence is moments away from restaurants and breweries such as Ex Novo and the 505 Central Food Hall, as well as nightlife, the Kimo Theater, and the downtown growers' market. Art galleries, trendy bars, and entertainment hotspots are within easy reach. The property encompasses 1554 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    NM Apartment Advisors, ... Commercial Real Estate Agency MTM Model Management Talent Agency The Residences at Anasazi Apartment Complex Immastar Productions Artist

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.6537948
    Latitude
    35.0846882

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    FAQs

    What type of property is this?
    Apartment building - Loft-style condo near restaurants, breweries, nightlife, and downtown market.
    Where is this apartment building located?
    The property is located at 524 Central Ave SW, Unit 708 Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $330,000.
    What are key features of this property?
    This property features: - $3,500 incentive for closing costs or rate buydown.; - **Loft-style with soaring ceilings and abundant natural light.**; - Sleek countertops and stainless-steel appliances.
    Request Owner's contact information
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    Albuquerque, NM 87102
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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
    524 Central Ave SW, Unit 708 Albuquerque, NM 87102
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