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Property profile & analytics
OFF-MARKET
Turn key restaurants
10131 Coors NW Blvd, Albuquerque, NM 87114-4045
Entity Owned
11-yr Hold
Absentee Owner
Free & Clear
Property ID
US61-0199849
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1985
Total area
2,356 SF
Lot
0.91 ac (39,683 SF)
APN
1-014-065-135-373-2-02-26
UPID
US61-0199849
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
-
Marshalls Children'S Clothing Store Department Store
-
Farmers Insurance - Terry Cosper Insurance Agency
-
Spring Rollin’ Cottonwood Restaurant
-
Weck's Restaurant
-
Finesse Barber Studio Barber Shop
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
Drg Associates · 11 yrs held
Drg Associates
since 2014
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
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
$8,616
Tax year 2023
Assessed value
$179,586
Assessed 2023
Previous assessed
$166,283
+8.0% YoY
Effective rate
4.80%
On assessed value
Assessed land
$104,174
Assessed improvement
$75,412
Land market value
$312,552
Improvement market value
$226,260
Total market value
$538,812
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1985
Heating
NONE
Total area
2,356 SF
Lot
0.91 ac (39,683 SF)
APN
1-014-065-135-373-2-02-26
UPID
US61-0199849
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
Building & site characteristics
From public records
Year built
1985
Heating
NONE
Lot
0.91 ac
Current owner
From public records · entity-resolved
Drg Associates
Entity
Free & Clear · 11 yrs held
Mailing address
13405 PINO RDG PL NE, ALBUQUERQUE, NM 87111-8274
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 2, 2019
—
Alamo Center LLC
—
Trustees Deed
related
$500,000 · New Mexico Bk
Dec 3, 2014
—
Drg Associates
10131 Coors Road Northwest Hol
Grant Deed
related
—
Apr 26, 2011
$5,600,000
Coors Road Northwest Hol 10131
Special Master Of Bernalillo Cnty
Trustees Deed
—
—
—
Alamo Center LLC
—
Loan Modification
related
$825,000 · New Mexico Bk
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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