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Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Hotels
1000 Avenida Cesar Chavez SE Albuquerque, NM 87102-4671
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US61-0195339
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1981
Total area
13,648 SF
Lot
1.57 ac (68,563 SF)
APN
1-015-056-039-383-2-07-06
UPID
US61-0195339
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Motel 6 Albuquerque, NM - South - Airport Hotel & Motel
-
B & T3 Contractors Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$530k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$603k
Blend (final)
Blend
$565k
Owner & transaction history
Relianse Avenida Nm LLC · 6 yrs held
Relianse Avenida Nm LLC
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$875,000
+123.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Albuquerque submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Albuquerque submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$530,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$395,000
Current use
WAREHOUSE, STORAGE
$875,000
Change: +123% · Conversion: Difficult
Blend value · Realmo final
$565k
Range $509k – $622k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$41 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$20,016
Tax year 2023
Assessed value
$417,204
Assessed 2023
Previous assessed
$386,300
+8.0% YoY
Effective rate
4.80%
On assessed value
Assessed land
$110,977
Assessed improvement
$306,227
Land market value
$332,964
Improvement market value
$918,773
Total market value
$1,251,737
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1981
Heating
NONE
Units
95
Total area
13,648 SF
Lot
1.57 ac (68,563 SF)
APN
1-015-056-039-383-2-07-06
UPID
US61-0195339
Jurisdiction
BERNALILLO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$395,000
WAREHOUSE, STORAGE
Est. value
$875,000
HOTEL/MOTEL Current
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1981
Heating
NONE
Units
95
Lot
1.57 ac
Current owner
From public records · entity-resolved
Relianse Avenida Nm LLC
Entity
Mailing address
PO BOX 3104, MCKINNEY, TX 75070-8184
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 11, 2020
—
Relianse Avenida Nm LLC
—
Deed
related
$2,250,000 · State Bk/tx
Dec 2, 2020
—
Relianse Avenida Nm LLC
—
Deed
related
$2,755,000 · State Bk/tx
Feb 7, 2020
—
Relianse Avenida Nm LLC
—
Deed
related
$3,075,000 · State Bk/tx
Jan 16, 2020
—
Relianse Avenida Nm LLC
—
Deed
related
$2,400,000 · State Bk/tx
Dec 20, 2019
—
Relianse Avenida Nm LLC
G6 Hospitality Property LLC
Grant Deed
$2,925,000 · State Bk/tx
Aug 9, 2017
—
G6 Hospitality Property LLC
—
Grant Deed
related
$2,010,000,000 · Jp Morgan Chase Bk
Nov 16, 2012
—
G6 Hospitality Property LLC
Glasjar Property LLC
Grant Deed
related
—
Sep 4, 2012
—
G6 Hospitality Property LLC
Gj Remainder LLC
Grant Deed
related
—
—
—
G6 Hospitality Property LLC
—
Deed Of Trust
related
$1,800,000,000 · German Am Cap
—
—
Relianse Avenida Nm LLC
—
Deed Of Trust
related
$2,400,000 · State Bk/tx
—
—
Relianse Avenida Nm LLC
—
Deed Of Trust
related
$3,075,000 · State Bk/tx
—
—
Relianse Avenida Nm LLC
—
Deed Of Trust
related
$2,250,000 · State Bk/tx
—
—
Relianse Avenida Nm LLC
—
Deed Of Trust
related
$2,755,000 · State Bk/tx
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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