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Property profile & analytics
OFF-MARKET
Motels
1698 Galisteo St Santa Fe, NM 87505-4747
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US61-0185133
Property profile
Verified
Property type
Motels
Use group
MOTEL
Lot
5 ac (217,887 SF)
APN
11366016
UPID
US61-0185133
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
-
Residence Inn Santa Fe Hotel & Motel
-
1698 Galisteo Street Parking Parking Lot & Garage
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
Nm Resi Inn Owner 1 LLC · 1 yrs held
Nm Resi Inn Owner 1 LLC
since 2024
6 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 Santa Fe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Fe 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
$112,293
Tax year 2023
Assessed value
$3,492,010
Assessed 2023
Previous assessed
$2,265,131
+54.2% YoY
Effective rate
3.22%
On assessed value
Assessed land
$286,099
Assessed improvement
$3,205,911
Land market value
$858,300
Improvement market value
$9,617,736
Total market value
$10,476,036
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
Motels
Use group
MOTEL
Status
Off-Market
Heating
NONE
Buildings
4
Lot
5 ac (217,887 SF)
APN
11366016
UPID
US61-0185133
Jurisdiction
SANTA FE
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
Buildings
4
Lot
5 ac
Current owner
From public records · entity-resolved
Nm Resi Inn Owner 1 LLC
Entity
Mailing address
2940 W MAPLE LOOP DR STE #301, LEHI, UT 84043-5662
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2024
—
Nm Resi Inn Owner 1 LLC
Peg Santa Fe Property LLC
Special Warranty Deed
$16,680,000 · Equitrust Life Insurance Company
Dec 5, 2022
—
Peg Santa Fe Property LLC
—
Deed
related
$16,687,400 · Access Point Financial LLC
Sep 11, 2018
—
Peg Santa Fe Property LLC
—
Grant Deed
related
$35,600,000 · Acrc Lender
Jul 13, 2017
—
Bre Newton Hotels Property Owner Ll
—
Deed
related
—
Aug 14, 2014
—
Bre Newton Hotels Prop Owner L
Lion Es Hotels Holdings LLC
Trustees Deed
$570,000,000 · Jp Morgan Chase Bk
Jun 1, 2007
—
Lion Es Hotels Holdings
—
Deed Of Trust
related
$567,700,000 · Wachovia Bank NA
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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