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    Property profile & analytics

    8405 Montgomery NE Blvd Albuquerque, NM 87111-2301

    • Turn key restaurants
    • 1,700 SF
    • 0.40 lot acres
    OFF-MARKET
    Value Estimation
    $315,000
    Location Intelligence
    Property ID
    US61-0057255
    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

    • Satellite Coffee / Coffee Shop / Bakery

    Property Details for 8405 Montgomery NE Blvd

    Year built
    1973
    Lot size
    0.40 lot acres
    Property size
    1,700 SF
    Property type
    Turn key restaurants
    APN
    1-020-061-029-013-3-01-03
    APU
    102006102901330103

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $275,000

    • CAP approach

      CAP return
      Estimation
      6%
      $405,000
      6.5%
      $390,000
      7%
      $430,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $415,000
      Geo Method
      $360,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $400,000
      Retail
      $395,000
      Mixed-Use
      $445,000
      Hospitality
      $375,000
      Educational
      $460,000
      Residential Income
      $410,000
      Energy
      $345,000
      Income-Based Land
      $405,000
      Food Service
      $450,000

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.55
    Latitude
    35.131
    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
    $3,910
    $39,128
    $42,368
    $81,496
    -
    $117,396
    $127,116
    $244,512

    Comparable in this City

    • Value Estimation
      $530,000
      11,346 SF

      10551 Montgomery NE Blvd

      RESTAURANT • 11,346 SF
      10551 Montgomery NE Blvd, Albuquerque, NM 87111-3846
      View Details
    • Value Estimation
      $480,000
      10,473 SF

      10601 Montgomery NE Blvd

      RESTAURANT • 10,473 SF
      10601 Montgomery NE Blvd, Albuquerque, NM 87111-3848
      View Details
    • Value Estimation
      $440,000
      5,678 SF

      9880 Montgomery NE Blvd

      RESTAURANT • 5,678 SF
      9880 Montgomery NE Blvd, Albuquerque, NM 87111-3589
      View Details
    • Value Estimation
      $535,000
      4,945 SF

      10895 Montgomery NE Blvd

      RESTAURANT • 4,945 SF
      10895 Montgomery NE Blvd, Albuquerque, NM 87111-3957
      View Details
    • Value Estimation
      $435,000
      6,000 SF

      3305 Juan Tabo NE Blvd

      RESTAURANT • 6,000 SF
      3305 Juan Tabo NE Blvd, Albuquerque, NM 87111-5130
      View Details
    • Value Estimation
      $390,000
      5,003 SF

      3601 Juan Tabo NE Blvd

      RESTAURANT • 5,003 SF
      3601 Juan Tabo NE Blvd, Albuquerque, NM 87111-3922
      View Details

    Similar Nearby for Sale

    • $1,500,000
      0.70 Acres

      Albuquerque Commercial Property For Sale

      Commercial property with excellent location and lease history in Albuquerque.
      9880 Montgomery Blvd NE, Albuquerque, NM 87111
      View Details
    • $992,000

      Land in High-Traffic Area

      Commercial land with high visibility and multiple access points.
      11301 Montgomery Blvd NE, Albuquerque, NM 87111
      View Details
    • $992,000

      Prime Albuquerque Commercial Land

      60,000 SF Pad-Ready Lot, $992,000
      0 Montgomery And Juan Tabo, Albuquerque, NM 87111
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    • $195,000
      0.36 Acres

      Land in Glenwood Hills

      Land with views, close to trails, shopping, and Kirtland AFB.
      Deer Trail Pl NE, Albuquerque, NM 87111
      View Details
    • Contact for pricing
      1.34 Acres

      Albuquerque Commercial Land - 1.3 Acres

      Prime NE Albuquerque location, ideal retail development.
      4401 Wyoming Blvd, Albuquerque, NM 87111
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    • $384,000
      0.42 Acres

      Albuquerque Commercial Land with Cell Tower

      0.42-acre commercial property with cell tower lease in Albuquerque.
      4565 Juan Tabo Blvd NE, Albuquerque, NM 87111
      View Details

    Similar Nearby for Lease

    • $2,400 /Mo
      1,196 SF

      Retail & Restaurant Space Available

      Retail and restaurant spaces for lease near High Desert community.
      4700 Tramway Blvd NE, Albuquerque, NM 87111
      View Details
    • Contact for pricing
      3,100 SF

      Prime Albuquerque Retail Pad Site

      3,100 SF Restaurant Space Available
      5640 Wyoming Blvd, Albuquerque, NM 87111
      View Details
    • $9 SF/Yr
      48,104 SF

      Los Altos Plaza: Medical Office Space

      Albuquerque medical office suites available.
      4200 Wyoming Blvd, Albuquerque, NM 87111
      View Details
    • $13 SF/Yr
      9,013 SF

      Juan Tabo Office Suite D

      Albuquerque Office Space - Immediate Occupancy
      3750 Juan Tabo Blvd, Albuquerque, NM 87111
      View Details
    • $30 SF/Yr
      1,200 SF

      Retail Space in Albuquerque, NM

      Retail space available in Walmart & Smith’s anchored shopping center.
      8060 Academy Rd NE, Albuquerque, NM 87111
      View Details
    • $24 SF/Yr
      2,960 SF

      Montgomery Blvd Retail Space

      Albuquerque end-cap retail space available.
      8510 Montgomery Blvd, Albuquerque, NM 87111
      View Details

    Property Visit Statistics

    • Visits by month
      21.3k
    • Visitors by month
      15.5k
    • Avg Time on site
      7 min
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    8405 Montgomery NE Blvd
    Albuquerque, NM 87111-2301
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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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