Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,680,000
Hotels
800 Rio Grande NW Blvd Albuquerque, NM 87104-2007
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US61-0299982
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1975
Total area
124,252 SF
Lot
5.23 ac (227,862 SF)
APN
1-013-058-150-489-2-20-09
UPID
US61-0299982
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
-
Hotel Albuquerque at Old Town Hotel & Motel
-
PACA Association / Organization
-
FiveStarWaterDamageRestorationAlbuquerqueNM Hardware & Home Improvement Construction Company
-
FedEx Drop Box Postal Service Courier Service
-
Primetime Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.68M
Owner & transaction history
Rio Grande Hotel Inv LLC · 12 yrs held
Rio Grande Hotel Inv LLC
since 2013
4 recorded transactions
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
$14 / 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
$92,698
Tax year 2023
Assessed value
$1,675,995
Assessed 2023
Previous assessed
$1,551,848
+8.0% YoY
Effective rate
5.53%
On assessed value
Assessed land
$549,521
Assessed improvement
$1,126,474
Land market value
$1,648,728
Improvement market value
$3,379,761
Total market value
$5,028,489
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
1975
Heating
NONE
Units
188
Total area
124,252 SF
Lot
5.23 ac (227,862 SF)
APN
1-013-058-150-489-2-20-09
UPID
US61-0299982
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
1975
Heating
NONE
Units
188
Lot
5.23 ac
Current owner
From public records · entity-resolved
Rio Grande Hotel Inv LLC
Entity
Mailing address
800 RIO GRANDE BLVD NW #310, ALBUQUERQUE, NM 87104-2007
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2013
—
Rio Grande Hotel Inv LLC
Aztec Holdings Old Town LLC
Grant Deed
$21,100,000 · Bank Of Rio Grande
Dec 29, 2004
—
Rio Grande Hotel Inv LLC
—
Deed Of Trust
related
$18,350,000 · First State Bank New Mexico
—
—
Rio Grande Hotel Inv LLC
—
Deed Of Trust
related
$1,000,000 · New Mexico Bank & Trust
—
—
Old Town Hotel Investment LLC
—
Deed Of Trust
related
$900,000 · New Mexico Recovery Fund LP
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 800 Rio Grande NW Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
