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    25 Hotel NE Cir Albuquerque, NM 87123-1202
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    Property profile & analytics

    25 Hotel NE Cir, Albuquerque, NM 87123-1202

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    • Hotels
    • 29,076 SF
    • 5.04 lot acres
    Off-Market
    Last Sale Jun 3, 2024
    Property ID
    US61-0050783
    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.

    Value Estimations
    $1,045,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Albuquerque Zia Grande Ballroom / Hotel & Motel / Resort
    • Amerstone Builders / Hardware & Home Improvement / Interior Design

    Property Details for 25 Hotel NE Cir

    Year built
    1969
    Lot size
    5.04 lot acres
    Property type
    Hotels
    Property subtype
    Motels
    APN
    1-021-057-067-412-2-01-05
    APU
    102105706741220105

    Description

    This exceptional 9,000 square foot property, formerly a hotel and restaurant, presents a unique opportunity for an event center. Situated on 5.043 acres in Bernalillo County's Northeast Heights submarket, this single-tenant space boasts significant freeway visibility and convenient access to I-40, ensuring high traffic volume. The building features a fully equipped kitchen with a hood system, perfectly suited for catering and event needs. Its prime location benefits from a strong shadow anchor lineup, including Target, At Home, Best Buy, Petco, and Dollar Tree, drawing substantial foot traffic to the area. The high-traffic corridor sees an impressive 73,500 vehicles per day, providing unparalleled exposure for your business. This property offers a rare combination of size, location, and existing infrastructure, making it an ideal investment for a thriving event center or similar venture. The ample land provides potential for future expansion or outdoor event space. Don't miss this chance to acquire a well-positioned property in a bustling commercial area.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $805,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,284,000
      Market price range: $456k - $1.28M
    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $835,000
      Current use

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.53
    Latitude
    35.084
    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
    $178,787
    $486,885
    $1,968,003
    $2,454,888
    -
    $1,460,800
    $5,904,600
    $7,365,400
    More about this property
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