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Property profile & analytics
OFF-MARKET
Office buildings
1001 Parkhill Dr Las Cruces, NM 88012-8549
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US61-1663051
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2011
Total area
2,700 SF
Lot
2.79 ac (121,532 SF)
Zoning code
LT-MANUFACTR
APN
4-007-131-138-229
UPID
US61-1663051
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Cardsblack Ltd Co · 15 yrs held
Cardsblack Ltd Co
since 2011
5 recorded transactions
Zoning & alternative use
LT-MANUFACTR · Las Cruces, NM
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 Las Cruces submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Las Cruces 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$9,397
Tax year 2023
Assessed value
$275,552
Assessed 2023
Previous assessed
$233,810
+17.9% YoY
Effective rate
3.41%
On assessed value
Assessed land
$32,550
Assessed improvement
$243,002
Land market value
$97,650
Improvement market value
$729,006
Total market value
$826,656
Applied tax rate
2.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2011
Heating
NONE
Buildings
2
Total area
2,700 SF
Lot
2.79 ac (121,532 SF)
Zoning code
LT-MANUFACTR
APN
4-007-131-138-229
UPID
US61-1663051
Jurisdiction
DONA ANA
Zoning & alternative use
LT-MANUFACTR · Las Cruces, NMZoning LT-MANUFACTR · permitted uses
LT-MANUFACTR · Las Cruces, NM
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
land development code
Building & site characteristics
From public records
Year built
2011
Heating
NONE
Buildings
2
Lot
2.79 ac
Current owner
From public records · entity-resolved
Cardsblack Ltd Co
Entity
Mailing address
1001 PARKHILL DR, LAS CRUCES, NM 88012-8549
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 14, 2020
—
Cardsblack Ltd Co
—
Deed
related
$733,000 · Century Bank
Jul 18, 2016
—
Cardsblack Ltd Co
—
Deed
related
$630,000 · Wells Fargo Bank NA
Mar 4, 2011
—
Cardsblack Ltd Co
Oak Mountain Properties LLC
Warranty Deed
—
Apr 2, 2007
—
Oak Mountain Properties LLC
John Norman Rinne
Warranty Deed
$319,000 · Citizens Bank Of Las Cruces
—
—
Oak Mountain Properties LLC
—
Deed Of Trust
related
—
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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