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Property profile & analytics
OFF-MARKET
Hotels
12999 Central NE Ave Albuquerque, NM 87123-3027
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US61-0084258
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1962
Total area
7,380 SF
Lot
2.44 ac (106,286 SF)
APN
1-022-056-360-443-1-07-16
UPID
US61-0084258
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
-
MR. SEVEN BURRITO Restaurant
-
Extend a Suites & RV Park Hotel & Motel
-
The Cannabis Revolution Dispensary (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
12925 Central LLC · 8 yrs held
12925 Central LLC
since 2018
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$33,906
Tax year 2023
Assessed value
$278,205
Assessed 2023
Previous assessed
$257,597
+8.0% YoY
Effective rate
12.19%
On assessed value
Assessed land
$116,304
Assessed improvement
$161,901
Land market value
$348,948
Improvement market value
$485,752
Total market value
$834,700
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
1962
Heating
NONE
Units
13
Total area
7,380 SF
Lot
2.44 ac (106,286 SF)
APN
1-022-056-360-443-1-07-16
UPID
US61-0084258
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
Building & site characteristics
From public records
Year built
1962
Heating
NONE
Units
13
Lot
2.44 ac
Current owner
From public records · entity-resolved
12925 Central LLC
Entity
Mailing address
12999 CENTRAL AVE NE, ALBUQUERQUE, NM 87123-3027
Mailing matches property
Yes
Owner-occupied
Yes
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 24, 2020
—
Rama Group LLC
—
Deed
related
$1,115,000 · Promiseone Bk
Feb 1, 2018
—
12925 Central LLC
Central Properties LLC
Quit Claim Deed
related
—
Jul 29, 2016
—
Central 110 Partners LLC
Central 786 Ohm LLC
Quit Claim Deed
$500,000 · Main Bank
Jul 20, 2011
—
Central 786 Ohm LLC
Rain Srayil House LLC
Warranty Deed
—
Nov 16, 2010
—
Rain Trust 2010-1
Leverick,richard
Trustees Deed
related
—
Mar 31, 2000
—
Srayll & Sian LLC
Payne Brothers Properties LLC
Grant Deed
$1,493,000 · Money Store Investment Corp
—
—
Srayil & Sian LLC
—
Deed Of Trust
related
$1,622,000 · Nara Bank
—
—
Rama Group LLC
—
Deed Of Trust
related
$1,115,000 · Promiseone Bk
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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