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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Retail space
5501 Eagle Rock NE Ave Albuquerque, NM 87113-2543
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US61-0264908
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2009
Total area
7,910 SF
Lot
2.65 ac (115,608 SF)
APN
1-018-064-070-489-2-09-04
UPID
US61-0264908
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
-
AMA Beauty Studios Hair Salon Nail Salon
-
Indigo Mortgage Loan Service Bank
-
DC Environmental Inc Environmental Consultant
-
Balise PC Accounting Firm Tax Preparation
-
Loftis & Lovato Group Accounting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$535k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$470k
Blend (final)
Blend
$505k
Owner & transaction history
Eagle Rockstar LLC · 4 yrs held
Eagle Rockstar LLC
since 2022
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$805,000
+141.2%
Office building
$515,000
+54.4%
Medical building
$420,000
+25.7%
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
Method
Estimation
Statistic approach
by Request
ML approach
$535,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$335,000
Current use
RESTAURANT
$805,000
Change: +141% · Conversion: Easy
OFFICE BUILDING
$515,000
Change: +54% · Conversion: Easy
MEDICAL BUILDING
$420,000
Change: +26% · Conversion: Difficult
AUTO REPAIR, GARAGE
$340,000
Change: +1% · Conversion: Difficult
WAREHOUSE, STORAGE
$310,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$505k
Range $455k – $556k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$64 / 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
$39,100
Tax year 2023
Assessed value
$814,989
Assessed 2023
Previous assessed
$640,770
+27.2% YoY
Effective rate
4.80%
On assessed value
Assessed land
$248,640
Assessed improvement
$566,349
Land market value
$745,996
Improvement market value
$1,699,217
Total market value
$2,445,213
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2009
Heating
NONE
Units
1
Total area
7,910 SF
Lot
2.65 ac (115,608 SF)
APN
1-018-064-070-489-2-09-04
UPID
US61-0264908
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
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$335,000
RESTAURANT
Est. value
$805,000
OFFICE BUILDING
Est. value
$515,000
MEDICAL BUILDING
Est. value
$420,000
AUTO REPAIR, GARAGE
Est. value
$340,000
WAREHOUSE, STORAGE
Est. value
$310,000
RETAIL STORES Current
RESTAURANT
OFFICE BUILDING
MEDICAL BUILDING
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2009
Heating
NONE
Units
1
Lot
2.65 ac
Current owner
From public records · entity-resolved
Eagle Rockstar LLC
Entity
Mailing address
5501 EAGLE ROCK AVE NE STE E4, ALBUQUERQUE, NM 87113-2543
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
24 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 23, 2023
—
C & L Properties LLC
—
Deed
related
$500,000 · Newtek Bank NA
May 16, 2022
—
Future Equity Investments LLC
—
Deed
related
$900,000 · Main Bank
Apr 4, 2022
—
Eagle Rockstar LLC
Jd Sixty One LLC
Special Warranty Deed
$315,000 · Us Eagle FCU
Mar 25, 2022
—
C & L Properties LLC
—
Deed
related
$709,362 · Bokf NA
Aug 11, 2021
—
Jd Sixty One LLC
—
Deed
related
$250,000 · Us Eagle FCU
Dec 22, 2020
—
Alala II LLC
Jd Sixty One LLC
Special Warranty Deed
$249,600 · Bokf NA
Nov 4, 2020
—
Lucid Arrow LLC
Jd Sixty One LLC
Special Warranty Deed
$484,000 · Bokf NA
Sep 11, 2020
—
Vjv Rjv LLC
Carmel Enterprises LLC
Special Warranty Deed
$473,125 · New Mexico Bank & Trust
May 8, 2020
—
Alala LLC
Jd Sixty-one LLC
Grant Deed
$443,200 · Bank Of Albuquerque
Feb 20, 2020
—
Carmel Ents LLC
Jd Sixty-one LLC
Grant Deed
related
—
Jan 29, 2020
—
Jd Sixty-one LLC
—
Deed
related
$350,000 · Us Eagle FCU
Dec 17, 2019
—
Jet Investments LLC
Jd Sixty-one LLC
Grant Deed
$522,000 · Bank Of Albuquerque
Aug 30, 2019
—
Jd Sixty-one LLC
—
Trustees Deed
related
$200,000 · Us Eagle FCU
Jul 30, 2018
—
Lsls LLC
Jd Sixty-one LLC
Warranty Deed
related
—
Dec 7, 2017
—
Alpha Holdings
Storefront Properties LLC
Warranty Deed
related
—
Jun 2, 2015
—
Alpha Holdings
Storefront Properties LLC
Dual Purpose Document
related
$282,000 · Storefront Properties LLC
Aug 29, 2014
—
Michael D Davis
Jd Sixty-one LLC
Dual Purpose Document
$220,000 · Jd Sixty-one LLC
Dec 21, 2010
—
Pocket Rockets LLC
Jd Sixty One LLC
Special Warranty Deed
$325,000 · Washington Federal Savings
Aug 3, 2009
—
Storefront Properties LLC
Jd Sixty-one LLC
Grant Deed
$276,800 · Wells Fargo Bank
Aug 27, 2008
—
Jd Sixty-one LLC
Pargin,robert V
Warranty Deed
$750,000 · First Federal Savings Bank
Oct 8, 2007
$966,500
Jd Sixty-one LLC
Pargin,robert V
Grant Deed
—
Nov 23, 2004
—
Robert V Pargin
Eagle Rock INC
Warranty Deed
related
—
—
—
Jd Sixty-one LLC
—
Deed Of Trust
related
$350,000 · Us Eagle FCU
—
—
Pocket Rockets LLC
—
Deed Of Trust
related
$318,750 · Ironstone Bank
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.
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