Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1703 Lovelace SE Rd Albuquerque, NM 87106-4296

    • Residential income homes
    • 8,784 SF
    • 0.53 lot acres
    OFF-MARKET
    Value Estimation
    $525,000
    Last Sale
    Jan 10, 2020
    Location Intelligence
    Property ID
    US61-0886989
    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

    • Residential income homes

    Property Details for 1703 Lovelace SE Rd

    Year built
    1954
    Lot size
    0.53 lot acres
    Property size
    8,784 SF
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    1-015-055-316-477-1-17-02
    APU
    101505531647711702

    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
    -106.629
    Latitude
    35.0575
    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
    $3,908
    $23,620
    $67,820
    $91,440
    -
    $70,868
    $203,480
    $274,348

    Comparable in this City

    • Value Estimation by Request
      288 SF

      113 Girard SE Blvd

      APARTMENT HOUSE (UNDER 5 UNITS) • 288 SF
      113 Girard SE Blvd, Albuquerque, NM 87106-2259
      View Details
    • Value Estimation
      $350,000
      2,235 SF

      1320 Lead SE Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,235 SF
      1320 Lead SE Ave, Albuquerque, NM 87106-5219
      View Details
    • Value Estimation
      $335,000
      600 SF

      201 Columbia SE Dr

      APARTMENT HOUSE (UNDER 5 UNITS) • 600 SF
      201 Columbia SE Dr, Albuquerque, NM 87106-3651
      View Details
    • Value Estimation
      $365,000
      2,448 SF

      1210 Dr Martin Luther King Jr NE Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,448 SF
      1210 Dr Martin Luther King Jr NE Ave, Albuquerque, NM 87106-4746
      View Details
    • Value Estimation
      $350,000
      1,675 SF

      1421 Dr Martin Luther King Jr NE Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 1,675 SF
      1421 Dr Martin Luther King Jr NE Ave, Albuquerque, NM 87106-4662
      View Details
    • Value Estimation
      $390,000
      3,884 SF

      1117 Girard SE Blvd

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,884 SF
      1117 Girard SE Blvd, Albuquerque, NM 87106-2966
      View Details

    Similar Nearby for Sale

    • $1,060,000
      4,805 SF

      Updated Multifamily Compound in Albuquerque

      Revitalized 7-unit property near UNM, CNM, and Kirtland AFB.
      1003-1005 Carlisle Blvd SE, Albuquerque, NM 87106
      View Details
    • $450,000
      2,476 SF

      Albuquerque Multifamily Investment Opportunity

      Income-producing property near UNM with renovation potential.
      309 Princeton Dr SE, Albuquerque, NM 87106
      View Details
    • New
      $578,500
      2,325 SF

      Nob Hill Home with ADU

      Charming, updated Nob Hill home with additional dwelling unit.
      211 Amherst Dr SE, Albuquerque, NM 87106
      View Details
    • $500,000
      2,592 SF

      Albuquerque Multifamily Investment Opportunity

      Three-unit property in prime Albuquerque location, ideal for investors.
      2130 Coal Ave Southeast, Albuquerque, NM 87106
      View Details
    • $550,000
      2,500 SF

      Albuquerque Multifamily Investment Opportunity

      Four-plex in prime location, ideal for multifamily or high-rise development.
      2128 Coal Ave Southeast, Albuquerque, NM 87106
      View Details
    • $345,000
      1,460 SF

      Albuquerque Multifamily Property with Casita

      Multifamily property featuring a main house and detached casita.
      412 Harvard Dr SE, Albuquerque, NM 87106
      View Details

    Similar Nearby for Lease

    • $750 /Mo
      400 SF

      Gated Studio Apartment Available Now

      Studio apartment with all utilities included, available for rent now.
      221 Maple St NE, Albuquerque, NM 87106
      View Details
    • $16 SF/Yr
      28,556 SF

      Albuquerque Executive Office Suites

      Prime Albuquerque Office Space Available
      2305 Renard Pl, Albuquerque, NM 87106
      View Details
    • $11 SF/Yr
      4,135 SF

      Office Space For Lease

      Office spaces available for lease in the Airport Market.
      2501 Yale Blvd SE, Albuquerque, NM 87106
      View Details
    • $24 SF/Yr
      4,900 SF

      Mixed-Use Retail and Restaurant Space

      Eclectic retail and restaurant spaces near the University of New Mexico.
      122 Yale Blvd SE, Albuquerque, NM 87106
      View Details
    • Contact for pricing
      1 SF

      Albuquerque Commercial Land Opportunity

      1.26-acre lot, prime location, high-traffic area.
      0 Se & Gibson Blvd, Albuquerque, NM 87106
      View Details
    • Contact for pricing
      250,000 SF

      High-Tech Mixed-Use Campus

      70-acre campus near Kirtland Air Force Base.
      87106 Usa, Albuquerque, NM 87106
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1703 Lovelace SE Rd
    Albuquerque, NM 87106-4296
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.