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Property profile & analytics
OFF-MARKET
Retail space
1430 Broadway SE Blvd Albuquerque, NM 87102-4623
Individually Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US61-0329121
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Lot
0.16 ac (6,752 SF)
APN
1-014-056-358-378-1-26-18
UPID
US61-0329121
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
-
Somos Agency LLC Financial Advisor Insurance Agency
-
Tiendita Money Services Business Check Cashing
-
Sunflower Hair Studio Hair Salon
-
Milly's Nail supplies (Bike/Boat/Book/etc) Store Cosmetic Store
-
Chantel's Beauty Salon Unisex Hair Salon Nail Salon
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
Olivas Carlos L P · 7 yrs held
Olivas Carlos L P
since 2019
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
$631
Tax year 2023
Assessed value
$13,151
Assessed 2023
Previous assessed
$12,065
+9.0% YoY
Effective rate
4.80%
On assessed value
Assessed land
$9,809
Assessed improvement
$3,342
Land market value
$29,430
Improvement market value
$10,028
Total market value
$39,458
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Heating
NONE
Lot
0.16 ac (6,752 SF)
APN
1-014-056-358-378-1-26-18
UPID
US61-0329121
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
Heating
NONE
Lot
0.16 ac
Current owner
From public records · entity-resolved
Olivas Carlos L P
Individual
Free & Clear · 7 yrs held
Mailing address
2002 FOOTHILL DR SW, ALBUQUERQUE, NM 87105-4240
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 3, 2019
$210,000
Olivas Carlos L P
Mallory,keith J & Sandra L
Grant Deed
—
Jun 3, 2019
—
Keith J Mallory
Jss Of Albuquerque LLC
Grant Deed
related
—
Oct 5, 2016
—
Jss Of Albuquerque LLC
Mallory,keith J & Sandra L
Dual Purpose Document
related
$200,000 · Keith J & Sandra L Mallory
Aug 3, 2016
—
Keith J Mallory
Jss Of Albuquerque LLC
Warranty Deed
related
—
Jul 26, 2016
—
Jss Of Albuquerque LLC
Bayview Ln Svcg LLC
Grant Deed
related
—
Aug 27, 2014
—
Bayview Ln Svcg LLC
Special Master Of Bernalillo Cnty
Trustees Deed
related
—
Nov 13, 2006
—
Eduardo Garcia
Rc Accounting INC
Warranty Deed
related
—
May 10, 2006
$170,000
Eduardo Garcia
Rc Accounting INC
Grant Deed
—
Nov 5, 1999
—
Rc Accounting INC
Porter,jack & Evelyn A
Grant Deed
$275,000 · Interamerican Bank Fsb
—
—
Eduardo Garcia
—
Deed Of Trust
related
$217,500 · Interbay Funding LLC
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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