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    3222 Central SE Ave Albuquerque, NM 87106-1458

    • Bars
    • 10,908 SF
    • 0.55 lot acres
    OFF-MARKET
    Value Estimation
    $470,000
    Last Sale
    Jun 16, 2021
    Location Intelligence
    Property ID
    US61-0131061
    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

    • Teddy Roe's / Bar
    • Cold Stone Creamery / Cake Shop / Dessert Restaurant
    • M'tucci's Bar Roma / Italian Restaurant / Bar & Grill
    • Flower Shop At Nob Hill / Florist

    Property Details for 3222 Central SE Ave

    Year built
    1946
    Lot size
    0.55 lot acres
    Property size
    10,908 SF
    Property type
    Bars
    Property subtype
    Pubs
    APN
    1-016-057-392-261-4-32-06
    APU
    101605739226143206

    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
    -106.609
    Latitude
    35.0799
    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
    $10,690
    $35,852
    $186,970
    $222,822
    -
    $107,568
    $560,967
    $668,535

    Comparable in this City

    • Value Estimation
      $370,000
      2,660 SF

      114 Tulane SE Dr

      BAR, TAVERN • 2,660 SF
      114 Tulane SE Dr, Albuquerque, NM 87106-1440
      View Details
    • Value Estimation
      $350,000
      4,932 SF

      1504 Central SE Ave

      BAR, TAVERN • 4,932 SF
      1504 Central SE Ave, Albuquerque, NM 87106-4409
      View Details
    • Value Estimation
      $365,000
      2,393 SF

      3001 Central NE Ave

      BAR, TAVERN • 2,393 SF
      3001 Central NE Ave, Albuquerque, NM 87106-2214
      View Details
    • Value Estimation
      $385,000
      3,518 SF

      3211 Central NE Ave

      BAR, TAVERN • 3,518 SF
      3211 Central NE Ave, Albuquerque, NM 87106-1441
      View Details
    • Value Estimation
      $440,000
      7,420 SF

      2027 Yale SE Blvd

      BAR, TAVERN • 7,420 SF
      2027 Yale SE Blvd, Albuquerque, NM 87106-4139
      View Details
    • Value Estimation
      $340,000
      2,682 SF

      3523 Central NE Ave

      NIGHTCLUB (COCKTAIL LOUNGE) • 2,682 SF
      3523 Central NE Ave, Albuquerque, NM 87106-1433
      View Details

    Similar Nearby for Sale

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      Nob Hill Retail on Route 66

      Prime Albuquerque retail location on historic Route 66.
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      68.00 Acres

      Campus

      Land • 68.00 Acres
      0 Campus, Albuquerque, NM 87106
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    • New
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    Similar Nearby for Lease

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      Restaurant or bar space available for rent with patio.
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      New construction restaurant space with rooftop and grade-level patio.
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    • $16 SF/Yr
      1,375 SF

      Retail Space Near University

      Retail space for rent near UNM and CNM.
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      2,232 SF

      Freestanding Retail Building with Drive-Thru

      2,232 SF freestanding retail building with three drive-thru lanes.
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    • Contact for pricing
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      Retail and Restaurant Space Available

      Retail, restaurant, and shop spaces available for lease.
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    • $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

    Property Visit Statistics

    • Visits by month
      10.7k
    • Visitors by month
      9.1k
    • Avg Time on site
      81 min
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    Albuquerque, NM 87106-1458
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    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
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