Property profile

1700 Lovelace SE Rd Albuquerque, NM 87106

OFF-MARKET
Residential income homes
Property ID
US61-0211819
5,856 SF 1.29 ac lot Built 1954
Individually Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1954
Total area 5,856 SF
Lot 1.29 ac (56,105 SF)
APN 1-015-055-342-462-1-14-22
UPID US61-0211819

Cap rate & NOI

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

Location

1700 Lovelace SE Rd Albuquerque, NM 87106-4254
Albuquerque metro Census 1202 ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$820k
Comparable Approach Comparable
by Request
Blend (final) Blend
$335k

Owner & transaction history

since 2020
1 recorded transaction
2020
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $950,000 +17.2%

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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