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    Property profile & analytics

    7011 Lomas NE Blvd Albuquerque, NM 87110-6949

    • Grocery and convenience stores
    • 1,785 SF
    • 0.37 lot acres
    OFF-MARKET
    Value Estimation
    $265,000
    Last Sale
    Oct 29, 2024
    Location Intelligence
    Property ID
    US61-0123675
    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

    • Shoo Shoo Smoke Shop / Tobacco Shop
    • Azi, Llc / Gas Station
    • Shoo Shoo Smoke & Plus / Smoke Shop

    Property Details for 7011 Lomas NE Blvd

    Year built
    1964
    Lot size
    0.37 lot acres
    Property size
    1,785 SF
    Property type
    Grocery and convenience stores
    APN
    1-018-058-516-012-4-08-04
    APU
    101805851601240804

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $305,000

    • CAP approach

      CAP return
      Estimation
      6%
      $220,000
      6.5%
      $195,000
      7%
      $195,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $180,000
      Geo Method
      $225,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $175,000
      Retail
      $210,000
      Mixed-Use
      $190,000
      Hospitality
      $230,000
      Educational
      $180,000
      Residential Income
      $215,000
      Energy
      $200,000
      Income-Based Land
      $205,000
      Food Service
      $220,000

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.569
    Latitude
    35.0876
    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
    $3,475
    $40,435
    $32,006
    $72,441
    -
    $121,317
    $96,029
    $217,346

    Comparable in this City

    • Value Estimation by Request
      0.10 Acres

      Menaul NE Blvd

      CONVENIENCE STORE • 0.10 Acres
      Menaul NE Blvd, Albuquerque, NM 87110
      View Details
    • Value Estimation
      $400,000
      3,040 SF

      4510 Lomas NE Blvd

      CONVENIENCE STORE • 3,040 SF
      4510 Lomas NE Blvd, Albuquerque, NM 87110-6230
      View Details
    • Value Estimation
      $930,000
      41,139 SF

      4016 Louisiana NE Blvd

      GROCERY, SUPERMARKET • 41,139 SF
      4016 Louisiana NE Blvd, Albuquerque, NM 87110-1447
      View Details
    • Value Estimation
      $650,000
      15,275 SF

      2200 Uptown NE Loop

      GROCERY, SUPERMARKET • 15,275 SF
      2200 Uptown NE Loop, Albuquerque, NM 87110-6025
      View Details
    • Value Estimation
      $360,000
      3,346 SF

      2401 San Mateo NE Blvd

      CONVENIENCE STORE • 3,346 SF
      2401 San Mateo NE Blvd, Albuquerque, NM 87110-4052
      View Details
    • Value Estimation
      $335,000
      1,325 SF

      2016 Carlisle NE Blvd

      CONVENIENCE STORE • 1,325 SF
      2016 Carlisle NE Blvd, Albuquerque, NM 87110-4910
      View Details

    Similar Nearby for Sale

    • $1,300,000
      2,591 SF

      Retail Space in High-Traffic Area

      Retail property with high visibility in Albuquerque, NM.
      5205 Menaul Blvd NE, Albuquerque, NM 87110
      View Details
    • Contact for pricing
      6,960 SF

      Retail Space on San Mateo

      Retail property on a hard corner with high traffic.
      2807 San Mateo Blvd NE, Albuquerque, NM 87110
      View Details
    • $2,170,000
      7,084 SF

      Renovated Uptown Two-Tenant Building

      Two-tenant building in Uptown with long-term leases and strong tenants.
      7001 Menaul Blvd NE, Albuquerque, NM 87110
      View Details
    • $1,999,000
      13,047 SF

      Office Depot Net Lease Albuquerque

      High-yield retail investment, strong tenant.
      5001 Cutler Ave, Albuquerque, NM 87110
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    • $1,250,000
      4,800 SF

      High Visibility Retail Opportunity

      Two buildings on a corner lot with fenced parking.
      5113 Lomas Blvd NE, Albuquerque, NM 87110
      View Details
    • $609,500
      5,300 SF

      Retail Space on Lomas Boulevard

      Retail property with potential for various business uses.
      5823 Lomas Blvd NE, Albuquerque, NM 87110
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      16,284 SF

      Freestanding Building on Menaul Blvd

      Freestanding building with drive-thru, excellent visibility, and multiple access.
      3600 Menaul Blvd NE, Albuquerque, NM 87110
      View Details
    • $15 SF/Yr
      1,989 SF

      Retail Space Available For Lease

      1,002 SF retail space for lease in Albuquerque.
      2900 San Mateo Blvd NE, Albuquerque, NM 87110
      View Details
    • $2,200 /Mo
      1,000 SF

      Retail Space on Lomas Boulevard

      Retail space available for lease on Lomas Boulevard.
      5018 Lomas Blvd NE, Albuquerque, NM 87110
      View Details
    • $20 SF/Yr
      2,010 SF

      Retail Space Near High-Traffic Intersection

      Retail space with major co-tenants and high visibility.
      4900 Cutler Ave NE, Albuquerque, NM 87110
      View Details
    • Contact for pricing
      2,500 SF

      Retail Space in Midtown Albuquerque

      Recently constructed retail suite in a strong Midtown location.
      2700-2706 Carlisle Blvd NE, Albuquerque, NM 87110
      View Details
    • $14 SF/Yr
      1,264 SF

      Retail Space with Roll-Up Door

      Retail space with high visibility and convenient roll-up door.
      4201-4207 Lomas Blvd NE, Albuquerque, NM 87110
      View Details
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    Albuquerque, NM 87110-6949
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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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