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Property profile & analytics
OFF-MARKET
Retail space
12129 Hwy 14 Cedar Crest, NM 87008-9492
Entity Owned
12-yr Hold
Absentee Owner
Free & Clear
Property ID
US61-0264895
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1989
Total area
3,648 SF
Lot
0.58 ac (25,439 SF)
APN
1-029-060-332-157-4-01-11
UPID
US61-0264895
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
Cedar Crest Center LLC · 12 yrs held
Cedar Crest Center LLC
since 2013
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 Cedar Crest submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cedar Crest 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
$2,230
Tax year 2023
Assessed value
$63,177
Assessed 2023
Previous assessed
$57,961
+9.0% YoY
Effective rate
3.53%
On assessed value
Assessed land
$20,817
Assessed improvement
$42,360
Land market value
$62,457
Improvement market value
$127,094
Total market value
$189,551
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1989
Heating
NONE
Total area
3,648 SF
Lot
0.58 ac (25,439 SF)
APN
1-029-060-332-157-4-01-11
UPID
US61-0264895
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
1989
Heating
NONE
Lot
0.58 ac
Current owner
From public records · entity-resolved
Cedar Crest Center LLC
Entity
Free & Clear · 12 yrs held
Mailing address
11505 MONTGOMERY BLVD NE, ALBUQUERQUE, NM 87111-2703
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 11, 2023
—
Cedar Crest Realty Partners LLC
—
Deed
related
$2,012,062 · First Citizens Bank & Trust Co
Nov 6, 2013
—
Cedar Crest Center LLC
Smith Stewart Family Trust
Grant Deed
related
—
Apr 20, 2010
—
Smith Stewart Family Trust
Mcleod,orrin
Grant Deed
related
—
Mar 26, 2009
—
Sylvia Mcleod
—
Deed Of Trust
related
$1,100,000 · Community Bank NA
Jan 17, 2006
—
Mcleod,sylvia
Mlp Cedar Crest LLC
Trustees Deed
$1,100,000 · First Community Bank
Oct 4, 2004
—
Mlp Cedar Crest LLC
Miles Locker Plant
Grant Deed
$511,168 · First State Bank New Mexico
—
—
Mlp Cedar Crest LLC
—
Deed Of Trust
related
$60,000 · First State Bank New Mexico
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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