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Property profile & analytics
OFF-MARKET
Estimated value
$1,405,000
Theaters & concert halls
13120 Central Ave Sef Albuquerque, NM 87123-3019
Individually Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US61-1296991
Property profile
Verified
Property type
Theaters & concert halls
Use group
THEATER (MOVIE)
Year built
1986
Total area
58,071 SF
Lot
4.45 ac (193,755 SF)
APN
1-022-056-424-364-1-04-19
UPID
US61-1296991
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
-
Icon Cinemas Cinema Theater & Performing Art Venue
-
BBVA Compass ATM Atm
-
H&R Block Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$860k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.95M
Blend (final)
Blend
$1.41M
Owner & transaction history
Icon Motion Pictures & Music I · 11 yrs held
Icon Motion Pictures & Music I
since 2015
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
Method
Estimation
Statistic approach
by Request
ML approach
$860,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
THEATER (MOVIE)
$1,915,000
Current use
Blend value · Realmo final
$1.41M
Range $1.26M – $1.55M · ±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
$24 / 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
$84,023
Tax year 2023
Assessed value
$1,751,346
Assessed 2023
Previous assessed
$1,606,739
+9.0% YoY
Effective rate
4.80%
On assessed value
Assessed land
$456,810
Assessed improvement
$1,294,536
Land market value
$1,370,566
Improvement market value
$3,883,997
Total market value
$5,254,563
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
Theaters & concert halls
Use group
THEATER (MOVIE)
Status
Off-Market
Year built
1986
Heating
NONE
Total area
58,071 SF
Lot
4.45 ac (193,755 SF)
APN
1-022-056-424-364-1-04-19
UPID
US61-1296991
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
THEATER (MOVIE) Current
Est. value
$1.9M
THEATER (MOVIE) Current
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
1986
Heating
NONE
Lot
4.45 ac
Current owner
From public records · entity-resolved
Icon Motion Pictures & Music I
Individual
Mailing address
1400 PILE ST, CLOVIS, NM 88101-4776
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 2, 2018
—
Icon Motion Pictures & Music I
—
Deed
related
$500,000 · First Nat'l Bk/albany-brecke
May 2, 2017
—
Icon Motion Pictures & Music I
—
Deed
related
$4,730,578 · * Other Institutional Lenders
Apr 3, 2017
—
Icon Motion Pictures & Music I
—
Deed
related
$4,730,578 · First Nat'l Bk Breckenridge
Mar 8, 2017
—
Icon Motion Pictures & Music I
—
Deed
related
$4,730,578 · First Nat'l Bk/albany-brecke
Sep 22, 2016
—
Icon Motion Pictures & Music I
—
Deed
related
$274,293 · Happy Sts Bk
Feb 6, 2015
—
Icon Motion Pictures & Music I
Stravoula LP
Grant Deed
$3,200,000 · Happy Sts Bk
Aug 13, 2014
—
Stavroula LP
13100-13180 Ctrl Avenue Holdin
Trustees Deed
$4,000,000 · Bank Of Albuquerque
Oct 23, 2013
$9,250,000
13100-13180 Ctrl Avenue Holdin
Special Master Of Bernalillo Cnty|four Hills Stati
Trustees Deed
—
—
—
Icon Motion Pictures & Music I
—
Deed Of Trust
related
$175,000 · Happy Sts Bk
—
—
Icon Motion Pictures & Music I
—
Loan Modification
related
$274,293 · Happy Sts Bk
—
—
Icon Motion Pictures & Music I
—
Loan Modification
related
$3,038,583 · Happy Sts Bk
—
—
Icon Motion Pictures & Music I
—
Deed Of Trust
related
$4,730,578 · First Nat'l Bk/albany-brecke
—
—
Icon Motion Pictures & Music I
—
Deed Of Trust
related
$4,730,578 · First Nat'l Bk Breckenridge
—
—
Icon Motion Pictures & Music I
—
Deed Of Trust
related
$4,730,578 · * Other Institutional Lenders
—
—
Icon Motion Pictures & Music I
—
Deed Of Trust
related
$500,000 · First Nat'l Bk/albany-brecke
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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