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Property profile & analytics
FOR SALE
Auto shops
4910 Central Ave SE Albuquerque, NM 87108
Entity Owned
3-yr Hold
Free & Clear
Property ID
US61-0171584
For Sale
1 / 2
$1,326,000
4910 Central Ave SE, Albuquerque, NM 87108
View Listing →
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1965
Total area
8,325 SF
Lot
1.08 ac (46,871 SF)
APN
1-017-057-434-171-4-27-02
UPID
US61-0171584
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
-
UPS Access Point location Courier Service Postal Service
-
Advance Auto Parts Auto Parts Store
-
Hermosillo Hot Dogs Restaurant
-
CARQUEST AUTO PARTS #7819 Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$660k
Owner & transaction history
Lelcor4910 LLC · 3 yrs held
Lelcor4910 LLC
since 2023
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.0M
+9.4%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$925,000
Current use
RESTAURANT
$1,010,000
Change: +9% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$910,000
Change: -1% · Conversion: Difficult
RETAIL STORES
$900,000
Change: -2% · Conversion: Difficult
OFFICE BUILDING
$880,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$660k
Range $594k – $726k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$79 / 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
$8,410
Tax year 2023
Assessed value
$175,291
Assessed 2023
Previous assessed
$160,817
+9.0% YoY
Effective rate
4.80%
On assessed value
Assessed land
$93,004
Assessed improvement
$82,287
Land market value
$279,040
Improvement market value
$246,885
Total market value
$525,925
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
For Sale
Year built
1965
Heating
NONE
Total area
8,325 SF
Lot
1.08 ac (46,871 SF)
APN
1-017-057-434-171-4-27-02
UPID
US61-0171584
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
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$925,000
RESTAURANT
Est. value
$1.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$910,000
RETAIL STORES
Est. value
$900,000
OFFICE BUILDING
Est. value
$880,000
AUTO REPAIR, GARAGE Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1965
Heating
NONE
Lot
1.08 ac
Current owner
From public records · entity-resolved
Lelcor4910 LLC
Entity
Free & Clear · 3 yrs held
Mailing address
63 MAGELLAN AVE, SAN FRANCISCO, CA 94116-1414
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 22, 2023
—
Lelcor4910 LLC
Leland Chan
Warranty Deed
—
Mar 11, 2016
—
Leland Chan
Chan,leland & Luiza Y W
Quit Claim Deed
related
—
Jul 23, 2015
—
Route 66 Paint & Body LLC
Herbert Howard W & B L Trust
Warranty Deed
related
—
Mar 23, 2005
—
Gulfstream Worldwide Ltd
Mrw INC
Grant Deed
—
Jan 4, 2005
—
Gulfstream Worldwide Ltd
Mrw INC
Grant Deed
—
Apr 16, 2004
—
Mrw INC
Route 66 Paint & Body LLC
Grant Deed
related
—
Sep 20, 2001
$560,000
Route 66 Paint & Body LLC
Herbert Trust
—
$535,000 · Herbert Trust
Nov 28, 2000
—
Jones Trust
Sommer,fred
Grant Deed
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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