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Property profile & analytics
FOR LEASE
Strip malls
1720 Bridge Blvd SW Albuquerque, NM 87105
Trust Owned
21-yr Hold
~
Est. High Equity
Property ID
US61-0129425
For Lease
1 / 2
$1,160,000
1720 Bridge Blvd SW, Albuquerque, NM 87105
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1980
Total area
58,794 SF
Lot
7.62 ac (332,101 SF)
APN
1-012-056-293-221-4-13-05
UPID
US61-0129425
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
-
Barri Agent Bank Credit Union
-
Marbella's Event Center Hotel & Motel Resort
-
Paloma Blanca Aseguranza De Auto Insurance Agency
-
Dulceria El Guero Loco Specialty Food Shop Candy Store
-
Carnitas el calentano y familia Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.02M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.30M
Blend (final)
Blend
$1.16M
Owner & transaction history
Saylor Family Trust LLC · 21 yrs held
Saylor Family Trust LLC
since 2004
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 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
Method
Estimation
Statistic approach
by Request
ML approach
$1,020,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,740,000
Current use
Blend value · Realmo final
$1.16M
Range $1.04M – $1.28M · ±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
$20 / 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
$57,970
Tax year 2023
Assessed value
$1,048,112
Assessed 2023
Previous assessed
$961,570
+9.0% YoY
Effective rate
5.53%
On assessed value
Assessed land
$377,756
Assessed improvement
$670,356
Land market value
$1,133,382
Improvement market value
$2,011,268
Total market value
$3,144,650
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
1980
Heating
NONE
Total area
58,794 SF
Lot
7.62 ac (332,101 SF)
APN
1-012-056-293-221-4-13-05
UPID
US61-0129425
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
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.7M
NEIGHBORHOOD: SHOPPING CENTER Current
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
1980
Heating
NONE
Lot
7.62 ac
Current owner
From public records · entity-resolved
Saylor Family Trust LLC
Trust
Mailing address
5565 EAKES RD NW, LOS RANCHOS, NM 87107-5529
Ownership since
2004
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 17, 2019
—
Saylor Family Trust LLC
—
Deed
related
$3,300,000 · Wells Fargo Bank NA
May 11, 2018
—
Saylor Family Trust LLC
—
Deed
related
$1,855,861 · Us Bk
Nov 2, 2004
—
Saylor Family Trust LLC
Jp Morgan Coml Mtg Finance
Grant Deed
$2,250,000 · First State Bank New Mexico
Nov 7, 1995
—
Furrs Supermarkets INC
—
Deed Of Trust
related
$75,000,000 · Shawmut Capital Corp Trustee
—
—
Saylor Family Trust LLC
—
Deed Of Trust
related
$2,250,000 · First Community Bank
—
—
Saylor Family Trust LLC
—
Deed Of Trust
related
$1,855,861 · Us Bk
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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