New search
Property profile & analytics
OFF-MARKET
Estimated value
$3,625,000
Hotels
2600 Louisiana NE Blvd, Albuquerque, NM 87110-3604
Entity Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US61-0170758
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1980
Total area
224,770 SF
Lot
6.03 ac (262,536 SF)
APN
1-019-059-037-308-2-01-03
UPID
US61-0170758
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Rotary Club of Albuquerque Del Norte Charitable Organization Social Service Agency
-
Sheraton Albuquerque Uptown Hotel & Motel
-
Albuquerque Wedding hotel Wedding Service
-
Tesla Destination Charger Electric Vehicle Charging Station
-
Probus Security Patrol Security Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.63M
Owner & transaction history
Louisiana Hotel Corp · 15 yrs held
Louisiana Hotel Corp
since 2010
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Albuquerque submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Albuquerque submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$16 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$201,687
Tax year 2023
Assessed value
$4,203,909
Assessed 2023
Previous assessed
$3,892,509
+8.0% YoY
Effective rate
4.80%
On assessed value
Assessed land
$867,261
Assessed improvement
$3,336,648
Land market value
$2,602,044
Improvement market value
$10,010,946
Total market value
$12,612,990
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1980
Heating
NONE
Units
294
Total area
224,770 SF
Lot
6.03 ac (262,536 SF)
APN
1-019-059-037-308-2-01-03
UPID
US61-0170758
Jurisdiction
BERNALILLO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1980
Heating
NONE
Units
294
Lot
6.03 ac
Current owner
From public records · entity-resolved
Louisiana Hotel Corp
Entity
Mailing address
433 CALIFORNIA ST #7, SAN FRANCISCO, CA 94104-2016
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2010
—
Louisiana Hotel Corp
—
Deed Of Trust
related
$12,500,000 · Hsbc Realty Credit Corp (usa)
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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