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Property profile & analytics
OFF-MARKET
Estimated value
$615,000
Hotels
1202 Futurity Dr Sunland Park, NM 88063-9057
Entity Owned
Free & Clear
Property ID
US61-1249756
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2016
Total area
10,368 SF
Lot
1.42 ac (61,855 SF)
Zoning code
HORSE-RACING
APN
4-020-170-074-049
UPID
US61-1249756
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
$555k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$678k
Blend (final)
Blend
$615k
Owner & transaction history
Sgmnm Propco LLC
Sgmnm Propco LLC
since 2025
2 recorded transactions
Zoning & alternative use
HORSE-RACING · Sunland Park, NM
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$900,000
+81.9%
Apartment house (5+ units)
$875,000
+76.5%
Commercial (general)
$825,000
+66.8%
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 Sunland Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sunland Park 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
$555,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$495,000
Current use
RETAIL STORES
$900,000
Change: +82% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$875,000
Change: +76% · Conversion: Difficult
COMMERCIAL (GENERAL)
$825,000
Change: +67% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$585,000
Change: +18% · Conversion: Difficult
Blend value · Realmo final
$615k
Range $554k – $677k · ±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
$59 / 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
$49,651
Tax year 2023
Assessed value
$1,137,914
Assessed 2023
Previous assessed
$1,034,467
+10.0% YoY
Effective rate
4.36%
On assessed value
Assessed land
$24,667
Assessed improvement
$1,113,247
Land market value
$74,000
Improvement market value
$3,339,740
Total market value
$3,413,740
Applied tax rate
16.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2016
Total area
10,368 SF
Lot
1.42 ac (61,855 SF)
Zoning code
HORSE-RACING
APN
4-020-170-074-049
UPID
US61-1249756
Jurisdiction
DONA ANA
Zoning & alternative use
HORSE-RACING · Sunland Park, NM
Zoning HORSE-RACING · permitted uses
HORSE-RACING · Sunland Park, NM
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sunland Park. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$495,000
RETAIL STORES
Est. value
$900,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$875,000
COMMERCIAL (GENERAL)
Est. value
$825,000
INDUSTRIAL (GENERAL)
Est. value
$585,000
HOTEL/MOTEL Current
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
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
2016
Lot
1.42 ac
Current owner
From public records · entity-resolved
Sgmnm Propco LLC
Entity
Free & Clear · 0 yrs held
Mailing address
1202 FUTURITY DR, SUNLAND PARK, NM 88063-9057
Mailing matches property
Yes
Owner-occupied
Yes
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 23, 2025
—
Sgmnm LLC
—
Deed
related
$100,000,000 · Wilmington Savings Fund Society Fsb
Oct 21, 2025
—
Sgmnm Propco LLC
My Way Holdings LLC
Special Warranty Deed
—
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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