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    Property profile & analytics

    4611 Central Ave NE Albuquerque, NM 87108

    • Commercial real estate
    For Sale
    View listing
    $895,000
    Value Estimation
    Location Intelligence
    Property ID
    US61-0043478
    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

    • Commercial real estate

    Property Details for 4611 Central Ave NE

    Property type
    Commercial real estate

    Description

    This 0.5481-acre land parcel in Albuquerque's desirable Nob Hill neighborhood is zoned Mixed Use Medium, presenting a unique opportunity for high-density residential development. Current plans envision a 52-unit multi-family complex with surface parking

    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
    -106.5925421
    Latitude
    35.0788261

    Comparable in this City

    • $399,900
      0.65 Acres

      Albuquerque Development Site with Plans

      Development site with approved 24-unit apartment plans. Owner financing available.
      6525 Cochiti Rd SE, Albuquerque, NM 87108
      View Details
    • $275,000
      0.29 Acres

      Albuquerque Land: Multifamily Potential

      0.29-acre lot, prime Albuquerque location.
      0 Graceland Dr, Albuquerque, NM 87108
      View Details
    • $430,000
      Pending

      Income-Producing Albuquerque Quadruplex For Sale

      Well-maintained fourplex with income potential and owner-occupancy opportunity.
      8508 Marquette Ave NE, Albuquerque, NM 87108
      View Details
    • $336,500
      2,492 SF

      Albuquerque Multifamily Investment Opportunity

      Four-unit multifamily property in Albuquerque, NM with 100% occupancy.
      323 Dallas St NE, Albuquerque, NM 87108
      View Details
    • $370,000
      3,035 SF

      Albuquerque Multi-Family Income Opportunity

      Four-unit property with strong income potential in a prime location.
      301 Grove St NE, Albuquerque, NM 87108
      View Details
    • $370,000
      0.16 Acres

      Albuquerque Fourplex Investment Opportunity

      Fully rented fourplex in La Mesa neighborhood, Albuquerque.
      415 Wisconsin St NE, Albuquerque, NM 87108
      View Details

    Similar Nearby for Sale

    • $399,900
      0.65 Acres

      Albuquerque Development Site with Plans

      Development site with approved 24-unit apartment plans. Owner financing available.
      6525 Cochiti Rd SE, Albuquerque, NM 87108
      View Details
    • $275,000
      0.29 Acres

      Albuquerque Land: Multifamily Potential

      0.29-acre lot, prime Albuquerque location.
      0 Graceland Dr, Albuquerque, NM 87108
      View Details
    • $430,000
      Pending

      Income-Producing Albuquerque Quadruplex For Sale

      Well-maintained fourplex with income potential and owner-occupancy opportunity.
      8508 Marquette Ave NE, Albuquerque, NM 87108
      View Details
    • $336,500
      2,492 SF

      Albuquerque Multifamily Investment Opportunity

      Four-unit multifamily property in Albuquerque, NM with 100% occupancy.
      323 Dallas St NE, Albuquerque, NM 87108
      View Details
    • $370,000
      3,035 SF

      Albuquerque Multi-Family Income Opportunity

      Four-unit property with strong income potential in a prime location.
      301 Grove St NE, Albuquerque, NM 87108
      View Details
    • $370,000
      0.16 Acres

      Albuquerque Fourplex Investment Opportunity

      Fully rented fourplex in La Mesa neighborhood, Albuquerque.
      415 Wisconsin St NE, Albuquerque, NM 87108
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      39,640 SF

      Prime Albuquerque Retail Pad

      Single-tenant, 0.91-acre lot.
      6301 Gibson Blvd, Albuquerque, NM 87108
      View Details
    • $438 /Mo
      3,280 SF

      Valero Gas Station - Albuquerque

      High-volume gas station, strong revenue.
      1620 Carlisle Blvd, Albuquerque, NM 87108
      View Details
    • $25 SF/Yr
      1,400 SF

      Prime Retail Space - Gibson Blvd SE

      1,400 SF Freestanding Retail Building
      5800 Gibson Blvd, Albuquerque, NM 87108
      View Details
    • $1,500 /Mo
      12,632 SF

      Albuquerque Office Space For Rent

      Four private offices available with utilities and internet included.
      608 Chama St NE, Albuquerque, NM 87108
      View Details
    • $17 SF/Yr
      3,153 SF

      Renovated Office Space For Rent

      Recently renovated office space with security fence and employee lounge.
      124 Alvarado Dr SE, Albuquerque, NM 87108
      View Details
    • $2,250 /Mo
      5,358 SF

      Centrally Located Flex/Industrial Space

      Flex/industrial space for rent, near I-40 and Expo New Mexico.
      217-221 San Pedro Dr NE, Albuquerque, NM 87108
      View Details
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    4611 Central Ave NE
    Albuquerque, NM 87108
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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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