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    Property profile & analytics

    8721 Washington NE St Albuquerque, NM 87113-1680

    • Drive through restaurants
    • 2,206 SF
    • 0.85 lot acres
    OFF-MARKET
    Value Estimation
    $400,000
    Last Sale
    Mar 31, 2021
    Location Intelligence
    Property ID
    US61-0013261
    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

    • Starbucks / Coffee Store / Espresso Bar

    Property Details for 8721 Washington NE St

    Year built
    2021
    Lot size
    0.85 lot acres
    Property size
    2,206 SF
    Property type
    Drive through restaurants
    APN
    1-017-064-249-347-3-02-51
    APU
    101706424934730251

    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
    -106.596
    Latitude
    35.184
    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
    $9,718
    $82,667
    $119,899
    $202,566
    -
    $248,026
    $359,734
    $607,760

    Comparable in this City

    • Value Estimation
      $505,000
      5,536 SF

      4701 Paseo Del Norte NE

      DRIVE-THRU RESTAURANT, FAST FOOD • 5,536 SF
      4701 Paseo Del Norte NE, Albuquerque, NM 87113-1530
      View Details
    • Value Estimation
      $380,000
      3,044 SF

      5511 Alameda NE Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,044 SF
      5511 Alameda NE Blvd, Albuquerque, NM 87113-2178
      View Details
    • Value Estimation
      $380,000
      2,567 SF

      5970 Alameda NE Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,567 SF
      5970 Alameda NE Blvd, Albuquerque, NM 87113-2004
      View Details
    • Value Estimation
      $435,000
      3,942 SF

      6200 Holly NE Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,942 SF
      6200 Holly NE Ave, Albuquerque, NM 87113-1706
      View Details
    • Value Estimation
      $545,000
      4,488 SF

      8110 San Pedro NE Dr

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,488 SF
      8110 San Pedro NE Dr, Albuquerque, NM 87113-1735
      View Details
    • Value Estimation
      $360,000
      2,388 SF

      8111 Wyoming NE Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,388 SF
      8111 Wyoming NE Blvd, Albuquerque, NM 87113-1994
      View Details

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    • Contact for pricing
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    Similar Nearby for Lease

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      Modern industrial space, multiple units available.
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      Modern, move-in ready office space in Albuquerque.
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      Office Space with I-25 Visibility

      Office space with easy access and building signage available.
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      View Details
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    Albuquerque, NM 87113-1680
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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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