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    Property profile & analytics

    806 Central SE Ave Albuquerque, NM 87102-3606

    • Hotels
    • 38,712 SF
    • 2.23 lot acres
    OFF-MARKET
    Value Estimation
    $710,000
    Location Intelligence
    Property ID
    US61-0334087
    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

    • Hotel Parq Central / Hotel
    • Apothecary Lounge / Cocktail Bar / Bar
    • Oberstein Properties / Property Management Company

    Property Details for 806 Central SE Ave

    Year built
    1926
    Lot size
    2.23 lot acres
    Property size
    38,712 SF
    Property type
    Hotels
    Property subtype
    Motels
    APN
    1-015-057-047-336-2-10-06
    APU
    101505704733621006

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $830,000

    • CAP approach

      CAP return
      Estimation
      6%
      $595,000
      6.5%
      $590,000
      7%
      $605,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $575,000
      Geo Method
      $570,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $675,000
      Retail
      $720,000
      Mixed-Use
      $595,000
      Hospitality
      $690,000
      Educational
      $635,000
      Residential Income
      $655,000
      Energy
      $630,000
      Income-Based Land
      $600,000
      Food Service
      $650,000

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.638
    Latitude
    35.0823
    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
    $0.00
    $210,075
    $886,447
    $1,096,522
    -
    $630,288
    $2,659,608
    $3,289,896

    Comparable in this City

    • Value Estimation by Request
      0.11 Acres

      817 Central NE Ave

      HOTEL/MOTEL • 0.11 Acres
      817 Central NE Ave, Albuquerque, NM 87102-3605
      View Details
    • Value Estimation
      $445,000
      1,107 SF

      1213 Central NW Ave

      HOTEL/MOTEL • 1,107 SF
      1213 Central NW Ave, Albuquerque, NM 87102-2802
      View Details
    • Value Estimation
      $435,000
      8,320 SF

      817 Central NE Ave

      HOTEL/MOTEL • 8,320 SF
      817 Central NE Ave, Albuquerque, NM 87102-3605
      View Details
    • Value Estimation
      $585,000
      62,275 SF

      717 Central NW Ave

      HOTEL/MOTEL • 62,275 SF
      717 Central NW Ave, Albuquerque, NM 87102-3007
      View Details
    • Value Estimation
      $360,000
      0.40 Acres

      2206 4th NW St

      HOTEL/MOTEL • 0.40 Acres
      2206 4th NW St, Albuquerque, NM 87102-1053
      View Details
    • Value Estimation
      $645,000
      10,930 SF

      1701 University NE Blvd

      HOTEL/MOTEL • 10,930 SF
      1701 University NE Blvd, Albuquerque, NM 87102-1712
      View Details

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      View Details

    Property Visit Statistics

    • Visits by month
      1.2k
    • Visitors by month
      560
    • Avg Time on site
      386 min
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    Albuquerque, NM 87102-3606
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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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