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    Property profile & analytics

    111 98th SW St Albuquerque, NM 87121

    • Drive through restaurants
    • 2,202 SF
    • 0.75 lot acres
    OFF-MARKET
    Value Estimation
    $365,000
    Location Intelligence
    Property ID
    US61-0342266
    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

    • Burger King / Restaurant / Fast Food Restaurant

    Property Details for 111 98th SW St

    Year built
    2010
    Lot size
    0.75 lot acres
    Property size
    2,202 SF
    Property type
    Drive through restaurants
    APN
    1-009-057-040-050-3-01-06
    APU
    100905704005030106

    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
    -106.743
    Latitude
    35.0742
    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
    $5,183
    $18,687
    $89,336
    $108,023
    -
    $56,068
    $268,035
    $324,103

    Comparable in this City

    • Value Estimation
      $325,000
      2,648 SF

      6700 Central SW Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,648 SF
      6700 Central SW Ave, Albuquerque, NM 87121-2049
      View Details
    • Value Estimation
      $440,000
      2,577 SF

      1470 Coors NW Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,577 SF
      1470 Coors NW Blvd, Albuquerque, NM 87121-1104
      View Details
    • Value Estimation
      $415,000
      2,368 SF

      3506 Coors SW Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,368 SF
      3506 Coors SW Blvd, Albuquerque, NM 87121-5274
      View Details
    • Value Estimation
      $470,000
      3,686 SF

      3711 Las Estancias SW Ct

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,686 SF
      3711 Las Estancias SW Ct, Albuquerque, NM 87121-5505
      View Details
    • Value Estimation
      $540,000
      4,365 SF

      3701 Las Estancias SW Ct

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,365 SF
      3701 Las Estancias SW Ct, Albuquerque, NM 87121-5505
      View Details
    • Value Estimation
      $385,000
      2,982 SF

      2740 Sunshine W Plz SW Dr

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,982 SF
      2740 Sunshine W Plz SW Dr, Albuquerque, NM 87121-8604
      View Details

    Similar Nearby for Sale

    • $600,000
      1,910 SF

      Turnkey Restaurant on Coors Blvd

      Fully operational drive-thru restaurant, renovated in 2023, excellent visibility.
      4300 Coors Blvd SW, Albuquerque, NM 87121
      View Details
    • $2,800,000
      5,800 SF

      Profitable Restaurant with Mountain Views

      Turnkey restaurant and bar with scenic views and liquor license.
      300 Unser Blvd SE, Rio Rancho, NM 87121
      View Details
    • Contact for pricing
      28,828 SF

      Retail Property on Coors Blvd

      Retail property available for sale in Albuquerque, New Mexico.
      1400 Coors Blvd NW, Albuquerque, NM 87121
      View Details
    • $629,000
      0.45 Acres

      Albuquerque Auto Shop on Corner

      Auto shop with equipment on corner lot for sale.
      801 Old Coors Dr SW, Albuquerque, NM 87121
      View Details
    • $1,147,588
      4.77 Acres

      Albuquerque Retail Land Investment

      Prime 4.77-acre retail site in Albuquerque.
      0 Nec Sage And Unser, Albuquerque, NM 87121
      View Details
    • $695,000
      3,092 SF

      Albuquerque Auto Shop Investment

      High-return auto shop, excellent location.
      801 Old Coors Dr, Albuquerque, NM 87121
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,893 SF

      Coors Blvd Drive-Thru Retail Space

      Prime Albuquerque end-cap with drive-thru.
      303 Coors Blvd, Albuquerque, NM 87121
      View Details
    • Contact for pricing
      155,945 SF

      Prime Albuquerque Drive-Thru Sites

      Central Ave Retail Land, 0.95-3.58 Acres
      0 Albuquerque Nm, Albuquerque, NM 87121
      View Details
    • Contact for pricing
      222,592 SF

      Prime Albuquerque Pad Sites

      Central & Unser: Retail/Restaurant Land
      0 And Unser Blvd, Albuquerque, NM 87121
      View Details
    • Contact for pricing
      2,712 SF

      Prime Albuquerque Drive-Thru Retail

      High-traffic location, 2,712 sq ft.
      6700 Central Ave, Albuquerque, NM 87121
      View Details
    • Contact for pricing
      187,744 SF

      Prime Retail Pads SW Albuquerque

      High-traffic retail land, excellent visibility.
      98th St. & Sage Rd, Albuquerque, NM 87121
      View Details
    • $3,825 /Mo
      1,200 SF

      Retail Space Available For Lease

      Retail space with excellent access and exposure in Albuquerque.
      98Th St SW, Albuquerque, NM 87121
      View Details

    Property Visit Statistics

    • Visits by month
      16.8k
    • Visitors by month
      13.7k
    • Avg Time on site
      10 min
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    111 98th SW St
    Albuquerque, NM 87121
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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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