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    Property profile & analytics

    10551 Montgomery NE Blvd Albuquerque, NM 87111-3846

    • Turn key restaurants
    • 11,346 SF
    • 1.75 lot acres
    OFF-MARKET
    Value Estimation
    $530,000
    Last Sale
    May 21, 2021
    Location Intelligence
    Property ID
    US61-0075554
    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

    • El Patron / Restaurant

    Property Details for 10551 Montgomery NE Blvd

    Year built
    1986
    Lot size
    1.75 lot acres
    Property size
    11,346 SF
    Property type
    Turn key restaurants
    APN
    1-021-061-347-020-4-05-18
    APU
    102106134702040518

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.522
    Latitude
    35.1312
    CBSA code
    10740
    CBSA name
    ALBUQUERQUE, NM METROPOLITAN 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
    $16,033
    $130,487
    $203,707
    $334,194
    -
    $391,500
    $611,181
    $1,002,681

    Comparable in this City

    • Value Estimation
      $480,000
      10,473 SF

      10601 Montgomery NE Blvd

      RESTAURANT • 10,473 SF
      10601 Montgomery NE Blvd, Albuquerque, NM 87111-3848
      View Details
    • Value Estimation
      $440,000
      5,678 SF

      9880 Montgomery NE Blvd

      RESTAURANT • 5,678 SF
      9880 Montgomery NE Blvd, Albuquerque, NM 87111-3589
      View Details
    • Value Estimation
      $535,000
      4,945 SF

      10895 Montgomery NE Blvd

      RESTAURANT • 4,945 SF
      10895 Montgomery NE Blvd, Albuquerque, NM 87111-3957
      View Details
    • Value Estimation
      $435,000
      6,000 SF

      3305 Juan Tabo NE Blvd

      RESTAURANT • 6,000 SF
      3305 Juan Tabo NE Blvd, Albuquerque, NM 87111-5130
      View Details
    • Value Estimation
      $315,000
      1,700 SF

      8405 Montgomery NE Blvd

      RESTAURANT • 1,700 SF
      8405 Montgomery NE Blvd, Albuquerque, NM 87111-2301
      View Details
    • Value Estimation
      $390,000
      5,003 SF

      3601 Juan Tabo NE Blvd

      RESTAURANT • 5,003 SF
      3601 Juan Tabo NE Blvd, Albuquerque, NM 87111-3922
      View Details

    Similar Nearby for Sale

    • $1,500,000
      0.70 Acres

      Albuquerque Commercial Property For Sale

      Commercial property with excellent location and lease history in Albuquerque.
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      View Details
    • $992,000

      Land in High-Traffic Area

      Commercial land with high visibility and multiple access points.
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    • $550,000
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      Albuquerque Land with Mountain Views

      1.06-acre lot with city and mountain views in Albuquerque.
      6309 Gambel Oak Ct NE, Albuquerque, NM 87111
      View Details
    • $250,000
      0.66 Acres

      Albuquerque Land with Mountain Views

      Residential land with city and mountain views in Albuquerque.
      4424 Skyline Ct NE, Albuquerque, NM 87111
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    • $992,000

      Prime Albuquerque Commercial Land

      60,000 SF Pad-Ready Lot, $992,000
      0 Montgomery And Juan Tabo, Albuquerque, NM 87111
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    • $195,000
      0.36 Acres

      Land in Glenwood Hills

      Land with views, close to trails, shopping, and Kirtland AFB.
      Deer Trail Pl NE, Albuquerque, NM 87111
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,100 SF

      Prime Albuquerque Retail Pad Site

      3,100 SF Restaurant Space Available
      5640 Wyoming Blvd, Albuquerque, NM 87111
      View Details
    • $2,400 /Mo
      1,196 SF

      Retail & Restaurant Space Available

      Retail and restaurant spaces for lease near High Desert community.
      4700 Tramway Blvd NE, Albuquerque, NM 87111
      View Details
    • $9 SF/Yr
      48,104 SF

      Los Altos Plaza: Medical Office Space

      Albuquerque medical office suites available.
      4200 Wyoming Blvd, Albuquerque, NM 87111
      View Details
    • $13 SF/Yr
      9,013 SF

      Juan Tabo Office Suite D

      Albuquerque Office Space - Immediate Occupancy
      3750 Juan Tabo Blvd, Albuquerque, NM 87111
      View Details
    • $30 SF/Yr
      1,200 SF

      Retail Space in Albuquerque, NM

      Retail space available in Walmart & Smith’s anchored shopping center.
      8060 Academy Rd NE, Albuquerque, NM 87111
      View Details
    • $20 SF/Yr
      27,386 SF

      Sierra Vista Shopping Center Lease

      Retail space, Bernalillo County, NM.
      9500 Montgomery Blvd, Albuquerque, NM 87111
      View Details

    Property Visit Statistics

    • Visits by month
      1.2k
    • Visitors by month
      1.3k
    • Avg Time on site
      33 min
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    Albuquerque, NM 87111-3846
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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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