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    Property profile & analytics

    8411 Central NE Ave Albuquerque, NM 87108-2411

    • Turn key restaurants
    • 6,551 SF
    • 0.37 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 01, 2023
    Location Intelligence
    Property ID
    US61-0347472
    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

    • Turn key restaurants

    Property Details for 8411 Central NE Ave

    Year built
    1941
    Lot size
    0.37 lot acres
    Property size
    6,551 SF
    Property type
    Turn key restaurants
    APN
    1-019-057-459-067-4-13-03
    APU
    101905745906741303

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.553
    Latitude
    35.0745
    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
    $1,404
    $25,531
    $3,733
    $29,264
    -
    $76,600
    $11,200
    $87,800

    Comparable in this City

    • Value Estimation by Request
      0.16 Acres

      3911 Copper NE Ave

      RESTAURANT • 0.16 Acres
      3911 Copper NE Ave, Albuquerque, NM 87108
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    • Value Estimation by Request
      0.24 Acres

      416 San Pedro SE Dr

      RESTAURANT • 0.24 Acres
      416 San Pedro SE Dr, Albuquerque, NM 87108-3035
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    • Value Estimation by Request
      1,500 SF

      6421 Gibson SE Blvd

      RESTAURANT • 1,500 SF
      6421 Gibson SE Blvd, Albuquerque, NM 87108-4959
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    • Value Estimation by Request
      297 SF

      840 San Mateo SE Blvd

      RESTAURANT • 297 SF
      840 San Mateo SE Blvd, Albuquerque, NM 87108-3606
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    • Value Estimation
      $325,000
      1,936 SF

      6500 Central SE Ave

      RESTAURANT • 1,936 SF
      6500 Central SE Ave, Albuquerque, NM 87108-1813
      View Details
    • Value Estimation
      $445,000
      4,427 SF

      5115 Central NE Ave

      RESTAURANT • 4,427 SF
      5115 Central NE Ave, Albuquerque, NM 87108-1326
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      3,995 SF

      Retail Space with Restaurant Build-Out

      Retail space with restaurant build-out and ample parking.
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    • $10 SF/Yr
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      Downtown Albuquerque Retail Gem

      14,204 SF Freestanding Retail Building
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    8411 Central NE Ave
    Albuquerque, NM 87108-2411
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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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