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Property profile & analytics
OFF-MARKET
Estimated value
$760,000
Industrial properties
1510 Barbara SE Loop Rio Rancho, NM 87124-1569
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US61-1401393
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2006
Total area
8,503 SF
Lot
0.61 ac (26,572 SF)
APN
1-014-068-047-033
UPID
US61-1401393
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
$525k
CAP Approach
CAP
$785k
Comparable Approach
Comparable
$736k
Blend (final)
Blend
$760k
Owner & transaction history
1510 Barbara Loop Se LLC · 6 yrs held
1510 Barbara Loop Se LLC
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.2M
+123.1%
Commercial (general)
$1.2M
+109.6%
Office building
$1.0M
+78.8%
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 Rio Rancho submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rio Rancho 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
$525,000
CAP Approach
CAP Return
Estimation
6%
$855,000
6.5%
$785,000
7%
$730,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$560,000
Current use
RESTAURANT
$1,245,000
Change: +123% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,170,000
Change: +110% · Conversion: Difficult
OFFICE BUILDING
$1,000,000
Change: +79% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$915,000
Change: +64% · Conversion: Difficult
AUTO REPAIR, GARAGE
$795,000
Change: +42% · Conversion: Easy
Blend value · Realmo final
$760k
Range $684k – $836k · ±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
$89 / 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
$19,954
Tax year 2023
Assessed value
$479,195
Assessed 2024
Previous assessed
$234,871
+104.0% YoY
Effective rate
4.16%
On assessed value
Assessed land
$116,474
Assessed improvement
$362,721
Land market value
$349,422
Improvement market value
$1,088,163
Total market value
$1,437,585
Applied tax rate
510.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2006
Heating
NONE
Buildings
3
Stories
1
Total area
8,503 SF
Lot
0.61 ac (26,572 SF)
APN
1-014-068-047-033
UPID
US61-1401393
Jurisdiction
SANDOVAL
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$560,000
RESTAURANT
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$915,000
AUTO REPAIR, GARAGE
Est. value
$795,000
INDUSTRIAL (GENERAL) Current
RESTAURANT
COMMERCIAL (GENERAL)
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
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
2006
Heating
NONE
Stories
1
Buildings
3
Lot
0.61 ac
Current owner
From public records · entity-resolved
1510 Barbara Loop Se LLC
Entity
Mailing address
5024 BROADWAY BLVD SE, ALBUQUERQUE, NM 87105-7414
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 28, 2019
—
1510 Barbara Loop Se LLC
Mine Yot Yours LLC
Special Warranty Deed
$650,000 · First Citizens Bank & Trust Co
Mar 6, 2019
—
Mine Not Yours LLC
—
Deed
related
$633,500 · Bank Of Albuquerque
Sep 12, 2018
—
Mine Not Yours LLC
—
Deed
related
$50,000 · Bank Of Albuquerque
Aug 31, 2005
—
Mine Not Yours LLC
—
Trustees Deed
related
$994,745 · First State Bank New Mexico
—
—
Mine Not Yours LLC
—
Loan Modification
related
$633,500 · Bank Of Albuquerque
—
—
Mine Not Yours LLC
—
Deed Of Trust
related
$420,249 · Bank Of Albuquerque
—
—
Mine Not Yours LLC
—
Deed Of Trust
related
$552,636 · First Community Bank
—
—
Mine Not Yours LLC
—
Deed Of Trust
related
$399,998 · First Community Bank
—
—
Jeremy S Lara
—
Deed Of Trust
related
$129,600 · American Financing Corp
—
—
Mine Not Yours LLC
—
Deed Of Trust
related
$302,284 · Bank Of Albuquerque
—
—
Mine Not Yours LLC
—
Deed Of Trust
related
$50,000 · Bank Of Albuquerque
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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