Property profile

13139 Central NE Ave Albuquerque, NM 87123

OFF-MARKET
Hotels
Property ID
US61-0238674
12,834 SF 0.67 ac lot Built 1990
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 13139 Central Avenue NE in Albuquerque, New Mexico, presents a significant investment opportunity. Boasting a substantial 12,834 square feet of space, this property sits on a 0.67-acre lot, offering ample room for expansion or outdoor operations. The building's versatile "Other" classification allows for a wide range of potential uses, making it ideal for businesses seeking a flexible and adaptable workspace. The property's prime location on Central Avenue NE provides excellent visibility and accessibility, ensuring high traffic and convenient access for employees and customers. The asking price of $3,200,000 reflects the significant value and potential this property offers. Given its size, location, and versatility, this property is well-suited for a variety of commercial ventures and represents a strong investment in the Albuquerque market. Serious inquiries are encouraged to explore the possibilities this unique property presents. The property's substantial size and prime location make it an attractive option for businesses seeking a prominent presence in a thriving area of Albuquerque. Further details and potential uses can be discussed upon request. Don't miss this chance to acquire a substantial commercial property in a desirable Albuquerque location.

Property profile

Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1990
Total area 12,834 SF
Lot 0.67 ac (29,142 SF)
APN 1-022-056-449-417-1-07-27
UPID US61-0238674

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel

Location

13139 Central NE Ave Albuquerque, NM 87123-3031
Albuquerque metro Census 717 ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$430k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$430k

Owner & transaction history

since 2024
7 recorded transactions
2024
Price N/A
2020
Price N/A
2020
Price N/A
2010
$740,000
2010
Price N/A
2007
$975,000
2007
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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