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Property profile & analytics
OFF-MARKET
Estimated value
$1,880,000
Grocery and convenience stores
12201 Academy NE Rd Albuquerque, NM 87111-8051
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US61-0155919
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1997
Total area
65,677 SF
Lot
7.48 ac (325,742 SF)
APN
1-022-062-494-354-1-02-09
UPID
US61-0155919
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
-
Albertsons Market Pharmacy Pharmacy
-
Albertsons Market Grocery & Convenience Store Food Market
-
FedEx OnSite Postal Service Courier Service
-
JoAnn H. Trevino, Pharm Pharmacy
-
James M. Easom, PharmD Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.88M
Owner & transaction history
Ilan Israely · 4 yrs held
Ilan Israely
since 2022
5 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
$29 / 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
$62,508
Tax year 2023
Assessed value
$1,302,893
Assessed 2023
Previous assessed
$1,195,314
+9.0% YoY
Effective rate
4.80%
On assessed value
Assessed land
$731,390
Assessed improvement
$571,503
Land market value
$2,194,388
Improvement market value
$1,714,679
Total market value
$3,909,067
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1997
Heating
NONE
Total area
65,677 SF
Lot
7.48 ac (325,742 SF)
APN
1-022-062-494-354-1-02-09
UPID
US61-0155919
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
1997
Heating
NONE
Lot
7.48 ac
Current owner
From public records · entity-resolved
Ilan Israely
Individual
Mailing address
17516 MARENGO DR, LA PUENTE, CA 91748-4118
Ownership since
2022
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
Apr 7, 2022
—
Ilan Israely
Ilan Israely
Intrafamily Transfer
related
—
Oct 28, 2010
—
Cole Ab Albuquerque Nm LLC
Asp Sw Investor LLC
Grant Deed
—
Jan 9, 2007
—
Asp Sw Investor LLC
American Stores Properties LLC
Warranty Deed
related
$1,689,279 · Greenwich Capital Fin'l INC
Jun 1, 2006
—
William Buckner
Burl Warren Landes
Special Warranty Deed
$365,000 · First National Bank Of Arizona
—
—
William Buckner
—
Deed Of Trust
related
$2,300,000 · First National Bank Arizona
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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