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Property profile & analytics
OFF-MARKET
Retail space
1801 Hwy 28 Mesilla, NM 88046
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US61-0204968
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1950
Construction
ADOBE
Total area
1,470 SF
Lot
0.91 ac (39,640 SF)
Zoning code
HIST-COMMERL
APN
4-006-137-229-231
UPID
US61-0204968
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Poulos & Coates Properties LLC · 5 yrs held
Poulos & Coates Properties LLC
since 2020
2 recorded transactions
Zoning & alternative use
HIST-COMMERL · Mesilla, NM
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 Mesilla submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mesilla 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
$5,423
Tax year 2023
Assessed value
$189,895
Assessed 2023
Previous assessed
$189,895
+0.0% YoY
Effective rate
2.86%
On assessed value
Assessed land
$92,493
Assessed improvement
$97,402
Land market value
$277,480
Improvement market value
$292,206
Total market value
$569,686
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Year built
1950
Construction
ADOBE
Heating
NONE
Buildings
2
Bathrooms
1
Total area
1,470 SF
Lot
0.91 ac (39,640 SF)
Zoning code
HIST-COMMERL
APN
4-006-137-229-231
UPID
US61-0204968
Jurisdiction
DONA ANA
Zoning & alternative use
HIST-COMMERL · Mesilla, NM
Zoning HIST-COMMERL · permitted uses
HIST-COMMERL · Mesilla, NM
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mesilla. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1950
Construction
ADOBE
Heating
NONE
Buildings
2
Bathrooms
1
Lot
0.91 ac
Current owner
From public records · entity-resolved
Poulos & Coates Properties LLC
Entity
Mailing address
1802 AVENIDA DE MESILLA, LAS CRUCES, NM 88005-3971
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 25, 2020
—
Poulos & Coates Properties LLC
Dorianne J Kabo
Warranty Deed
$440,000 · Weststar Bank
Apr 1, 2005
—
Stephen L Camp
Samagon LLC
Quit Claim Deed
related
—
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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