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Property profile & analytics
OFF-MARKET
Turn key restaurants
10721 Montgomery NE Blvd Albuquerque, NM 87111-3850
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US61-0116025
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1987
Total area
6,309 SF
Lot
0.41 ac (17,729 SF)
APN
1-021-061-457-013-4-01-06
UPID
US61-0116025
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
-
Farina Alto Pizzeria & Wine Bar Restaurant
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
Ristorante P LLC · 1 yrs held
Ristorante P LLC
since 2025
7 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
$7,566
Tax year 2023
Assessed value
$157,700
Assessed 2023
Previous assessed
$146,019
+8.0% YoY
Effective rate
4.80%
On assessed value
Assessed land
$38,624
Assessed improvement
$119,076
Land market value
$115,884
Improvement market value
$357,264
Total market value
$473,148
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
1987
Heating
NONE
Units
1
Total area
6,309 SF
Lot
0.41 ac (17,729 SF)
APN
1-021-061-457-013-4-01-06
UPID
US61-0116025
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
1987
Heating
NONE
Units
1
Lot
0.41 ac
Current owner
From public records · entity-resolved
Ristorante P LLC
Entity
Mailing address
7200 TOULON DR NE, ALBUQUERQUE, NM 87122-3337
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 22, 2025
—
Ristorante P LLC
Terrance S Keene
Special Warranty Deed
$1,207,500 · Nusenda FCU
Apr 15, 2025
—
Christian D Gordon
Naples Real Estate Holding Company
Quitclaim Deed
related
—
Jan 28, 2022
—
Naples Real Estate Holding Company
—
Deed
related
$792,000 · Western Commerce Bank
Jun 14, 2016
—
Naples Real Estate Holding Company
Haverland Carter Lifestyle Group Pr
Warranty Deed
$903,800 · First National Bank Of The Rio Gran
Sep 3, 2014
—
Carter Lifestyle Gro Haverland
La Vida Vista Property LLC
Grant Deed
—
Dec 30, 2011
—
La Vida Vista Property LLC
Hs Rental Properties INC
Grant Deed
$2,104,249 · Wells Fargo Bk NA #2006-3 (ce)
Mar 31, 2011
—
Hs Rental Properties INC
—
Trustees Deed
related
$20,217 · Pulakoscpas' PC
Dec 30, 2004
—
Hs Rental Properties INC
Minato INC USA
Grant Deed
$1,800,000 · Charter 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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