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Property profile & analytics
OFF-MARKET
Estimated value
$12,350,000
Hotels
1000 Woodward NE Pl Albuquerque, NM 87102-2704
Entity Owned
8-yr Hold
Free & Clear
Property ID
US61-0335214
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2004
Total area
269,596 SF
Lot
9.33 ac (406,502 SF)
APN
1-015-058-105-160-3-21-02
UPID
US61-0335214
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
-
Embassy Suites by Hilton Albuquerque Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$10.97M
Blend (final)
Blend
$12.35M
Owner & transaction history
Jdhq Hotels LLC · 8 yrs held
Jdhq Hotels LLC
since 2018
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$17.3M
+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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$7,755,000
Current use
WAREHOUSE, STORAGE
$17,310,000
Change: +123% · Conversion: Difficult
Blend value · Realmo final
$12.35M
Range $11.12M – $13.59M · ±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
$46 / 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
$351,194
Tax year 2023
Assessed value
$7,320,205
Assessed 2023
Previous assessed
$6,777,967
+8.0% YoY
Effective rate
4.80%
On assessed value
Assessed land
$877,916
Assessed improvement
$6,442,289
Land market value
$2,634,012
Improvement market value
$19,328,799
Total market value
$21,962,811
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
2004
Heating
NONE
Units
261
Total area
269,596 SF
Lot
9.33 ac (406,502 SF)
APN
1-015-058-105-160-3-21-02
UPID
US61-0335214
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
$7.8M
WAREHOUSE, STORAGE
Est. value
$17.3M
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
2004
Heating
NONE
Units
261
Lot
9.33 ac
Current owner
From public records · entity-resolved
Jdhq Hotels LLC
Entity
Free & Clear · 8 yrs held
Mailing address
12735 MORRIS RD EXT STE #400, ALPHARETTA, GA 30004-8904
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 21, 2018
—
Jdhq Hotels LLC
Hammon Of New Mexico LLC
Grant Deed
related
—
May 18, 2018
—
Jdhq Hotels LLC
Hammons Of New Mexico LLC
Special Warranty Deed
—
Dec 16, 2011
—
Hammons Of New Mexico LLC
City Of Albuquerque
Quit Claim Deed
related
—
May 17, 2005
—
Hammons Of New Mexico LLC
—
Grant Deed
related
$37,000,000 · Columbian Bank & Trust
—
—
Hammons Of New Mexico LLC
—
Deed Of Trust
related
$162,000 · Nomura Credit & Capital INC
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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