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    Property profile & analytics

    11005 Central NE Ave Albuquerque, NM 87123-2801

    • Specialty properties
    • 23,675 SF
    • 2.80 lot acres
    OFF-MARKET
    Value Estimation
    $640,000
    Location Intelligence
    Property ID
    US61-0232133
    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

    • American Legion Post 49 / Veterans Organization
    • American Legion / Veterans Organization / Bar

    Property Details for 11005 Central NE Ave

    Year built
    1959
    Lot size
    2.80 lot acres
    Property size
    23,675 SF
    Property type
    Specialty properties
    APN
    1-021-056-255-500-1-08-01
    APU
    102105625550010801

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $680,000

    • CAP approach

      CAP return
      Estimation
      6%
      $700,000
      6.5%
      $695,000
      7%
      $640,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $690,000
      Geo Method
      $610,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $680,000
      Retail
      $675,000
      Mixed-Use
      $620,000
      Hospitality
      $645,000
      Educational
      $560,000
      Residential Income
      $700,000
      Energy
      $605,000
      Income-Based Land
      $570,000
      Food Service
      $700,000

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.524
    Latitude
    35.0717
    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
    $0.00
    $221,539
    $120,869
    $342,408
    -
    $664,682
    $362,643
    $1,027,325

    Comparable in this City

    • Value Estimation
      $345,000
      1,250 SF

      155 Wyoming NE Blvd

      VETERINARY, ANIMAL HOSPITAL • 1,250 SF
      155 Wyoming NE Blvd, Albuquerque, NM 87123-2531
      View Details
    • Value Estimation by Request
      0.13 Acres

      135 Wyoming NE Blvd

      VETERINARY, ANIMAL HOSPITAL • 0.13 Acres
      135 Wyoming NE Blvd, Albuquerque, NM 87123-2531
      View Details
    • Value Estimation
      $390,000
      5,000 SF

      364 Hwy 66th E

      CHARITABLE ORGANIZATION • 5,000 SF
      364 Hwy 66th E, Albuquerque, NM 87123
      View Details
    • Value Estimation
      $365,000
      5,832 SF

      12825 Skyline NE Rd

      CHARITABLE ORGANIZATION • 5,832 SF
      12825 Skyline NE Rd, Albuquerque, NM 87123-3021
      View Details
    • Value Estimation
      $425,000
      4,849 SF

      9901 Central NE Ave

      DAY CARE, PRE-SCHOOL • 4,849 SF
      9901 Central NE Ave, Albuquerque, NM 87123-2623
      View Details
    • Value Estimation
      $415,000
      3,667 SF

      608 Chelwood NE

      DAY CARE, PRE-SCHOOL • 3,667 SF
      608 Chelwood NE, Albuquerque, NM 87123
      View Details

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      Retail space with high visibility near a Walmart shopping center.
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      Retail or Restaurant Space Available

      Retail or restaurant space for sale or lease.
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    Similar Nearby for Lease

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      Office space for rent in Sandia Science & Tech Park.
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    • Contact for pricing
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      Retail space available in a high-traffic Albuquerque location.
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      View Details
    • $35 SF/Yr
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      Retail Space in North Towne

      Retail space available in Whole Foods anchored North Towne Plaza.
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      Retail Space with Open Layout

      Retail space featuring an open floor plan and restroom.
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    • New
      $5,000 /Mo
      102,366 SF

      Commercial Land For Lease

      2.35 acre commercial land suitable for various business uses.
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      View Details
    • Contact for pricing
      23,522 SF

      Prime Juan Tabo Commercial Land

      1 Acre, High-Traffic Location, MX-H Zoning
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      View Details

    Property Visit Statistics

    • Visits by month
      25.6k
    • Visitors by month
      22.3k
    • Avg Time on site
      31 min
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    Albuquerque, NM 87123-2801
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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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