Property profile

25 Hotel NE Cir Albuquerque, NM 87123

OFF-MARKET
Hotels
Property ID
US61-0050783
29,076 SF 5.04 ac lot Built 1969
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1969
Total area 29,076 SF
Lot 5.04 ac (219,673 SF)
APN 1-021-057-067-412-2-01-05
UPID US61-0050783

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 Resort
  • Hardware & Home Improvement Interior Design

Location

25 Hotel NE Cir Albuquerque, NM 87123-1202
Albuquerque metro Census 704 ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$805k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.28M
Blend (final) Blend
$1.05M

Owner & transaction history

since 2024
7 recorded transactions
2024
Price N/A
2022
Price N/A
2015
Price N/A
2010
Price N/A
2004
$4.6M
2003
Price N/A
1999
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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