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    Property profile & analytics

    1324 1st NW St Albuquerque, NM 87102-1532

    • Bars
    • 9,440 SF
    • 0.72 lot acres
    OFF-MARKET
    Value Estimation
    $410,000
    Last Sale
    Dec 15, 2022
    Location Intelligence
    Property ID
    US61-0128908
    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

    • Hollow Spirits Distillery / Gastropub / Distillery
    • Whet 1324 / Restaurant
    • Portraits By La Donna Inc / Portrait Studio

    Property Details for 1324 1st NW St

    Year built
    1956
    Lot size
    0.72 lot acres
    Property size
    9,440 SF
    Property type
    Bars
    Property subtype
    Pubs
    APN
    1-014-058-356-326-1-07-03
    APU
    101405835632610703

    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
    -106.645
    Latitude
    35.0963
    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
    $9,101
    $38,444
    $126,095
    $164,539
    -
    $115,344
    $378,324
    $493,668

    Comparable in this City

    • Value Estimation
      $450,000
      10,000 SF

      1401 2nd NW St

      BAR, TAVERN • 10,000 SF
      1401 2nd NW St, Albuquerque, NM 87102-1442
      View Details
    • Value Estimation
      $530,000
      14,328 SF

      111 Marble NW Ave

      BAR, TAVERN • 14,328 SF
      111 Marble NW Ave, Albuquerque, NM 87102-2315
      View Details
    • Value Estimation
      $485,000
      6,944 SF

      1645 University NE Blvd

      BAR, TAVERN • 6,944 SF
      1645 University NE Blvd, Albuquerque, NM 87102-1710
      View Details
    • Value Estimation
      $425,000
      7,836 SF

      423 1st SW St

      BAR, TAVERN • 7,836 SF
      423 1st SW St, Albuquerque, NM 87102-3406
      View Details
    • Value Estimation
      $350,000
      4,920 SF

      1501 1st NW St

      BAR, TAVERN • 4,920 SF
      1501 1st NW St, Albuquerque, NM 87102-1535
      View Details
    • Value Estimation
      $265,000
      0.16 Acres

      618 Gold SW Ave

      BAR, TAVERN • 0.16 Acres
      618 Gold SW Ave, Albuquerque, NM 87102
      View Details

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    Similar Nearby for Lease

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      Downtown Albuquerque Parking Lot Rental

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    • $54 SF/Yr
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      Downtown Albuquerque Executive Suites

      Prestigious A-Class Offices, 3 Suites Available
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      View Details
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    Albuquerque, NM 87102-1532
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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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