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Property profile & analytics
OFF-MARKET
Warehouses
1851 Victory Dr Sunland Park, NM 88063-9066
Individually Owned
11-yr Hold
Absentee Owner
Free & Clear
Property ID
US61-0018412
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1989
Total area
10,020 SF
Lot
0.62 ac (27,007 SF)
Zoning code
LT-IND-SL-PK
APN
4-019-170-460-131
UPID
US61-0018412
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
Marcel Bourgon · 11 yrs held
Marcel Bourgon
since 2015
7 recorded transactions
Zoning & alternative use
LT-IND-SL-PK · Sunland Park, NM
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 Sunland Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sunland Park 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
$5,189
Tax year 2023
Assessed value
$118,934
Assessed 2023
Previous assessed
$118,934
+0.0% YoY
Effective rate
4.36%
On assessed value
Assessed land
$14,404
Assessed improvement
$104,530
Land market value
$43,211
Improvement market value
$313,589
Total market value
$356,800
Applied tax rate
16.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1989
Heating
NONE
Buildings
2
Total area
10,020 SF
Lot
0.62 ac (27,007 SF)
Zoning code
LT-IND-SL-PK
APN
4-019-170-460-131
UPID
US61-0018412
Jurisdiction
DONA ANA
Zoning & alternative use
LT-IND-SL-PK · Sunland Park, NMZoning LT-IND-SL-PK · permitted uses
LT-IND-SL-PK · Sunland Park, NM
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Land Development Code
Building & site characteristics
From public records
Year built
1989
Heating
NONE
Buildings
2
Lot
0.62 ac
Current owner
From public records · entity-resolved
Marcel Bourgon
Individual
Free & Clear · 11 yrs held
Mailing address
209 CASAS BELLAS, SANTA TERESA, NM 88008-9541
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
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
Jun 3, 2015
—
Marcel Bourgon
Bourgon Elvira L
Quit Claim Deed
related
—
Sep 7, 2012
—
Marcel Bourgon
—
Trustees Deed
related
$101,577 · First National Bank
Jan 27, 2011
—
Marcel Bourgon
—
Trustees Deed
related
$100,000 · First National Bank
Jan 7, 2011
—
Marcel Bourgon
—
Trustees Deed
related
$100,000 · First National Bank
Jun 5, 2009
—
Contractors Bourgon
Bourgon,marcel & Elvira L
Quit Claim Deed
related
$425,000 · First National Bank
—
—
Marcel Bourgon
—
Deed Of Trust
related
$97,705 · First National Bank
—
—
Marcel Bourgon
—
Deed Of Trust
related
$97,686 · First National Bank
—
—
Bourgon,marcel & Elvira
—
Deed Of Trust
related
$120,000 · First Nat'l Bk
—
—
Bourgon,marcel & Elvira L
—
Loan Modification
related
$191,348 · First Nat'l Bk
—
—
Marcel Bourgon
—
Loan Modification
related
—
—
—
Marcel Bourgon
—
Deed Of Trust
related
$98,781 · First National Bank
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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