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Property profile & analytics
OFF-MARKET
Estimated value
$2,585,000
Retail space
1999 Appaloosa Dr Sunland Park, NM 88063-9269
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US61-0677083
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2017
Total area
19,440 SF
Lot
1.94 ac (84,506 SF)
Zoning code
LT-MANUFACTR
APN
4-019-170-342-174
UPID
US61-0677083
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
$2.43M
Comparable Approach
Comparable
$2.74M
Blend (final)
Blend
$2.59M
Owner & transaction history
Hardy Real Estate Holdings LLC · 5 yrs held
Hardy Real Estate Holdings LLC
since 2021
7 recorded transactions
Zoning & alternative use
LT-MANUFACTR · Sunland Park, NM
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.8M
+67.3%
Auto repair, garage
$2.3M
+35.7%
Restaurant
$2.3M
+34.3%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,630,000
6.5%
$2,425,000
7%
$2,255,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,690,000
Current use
OFFICE BUILDING
$2,830,000
Change: +67% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,295,000
Change: +36% · Conversion: Difficult
RESTAURANT
$2,270,000
Change: +34% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,640,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$2.59M
Range $2.33M – $2.84M · ±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
$133 / 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
$38,565
Tax year 2023
Assessed value
$883,843
Assessed 2023
Previous assessed
$883,843
+0.0% YoY
Effective rate
4.36%
On assessed value
Assessed land
$36,619
Assessed improvement
$847,224
Land market value
$109,858
Improvement market value
$2,541,672
Total market value
$2,651,530
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
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
2017
Heating
NONE
Total area
19,440 SF
Lot
1.94 ac (84,506 SF)
Zoning code
LT-MANUFACTR
APN
4-019-170-342-174
UPID
US61-0677083
Jurisdiction
DONA ANA
Zoning & alternative use
LT-MANUFACTR · Sunland Park, NM
Zoning LT-MANUFACTR · permitted uses
LT-MANUFACTR · Sunland Park, NM
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sunland Park. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.7M
OFFICE BUILDING
Est. value
$2.8M
AUTO REPAIR, GARAGE
Est. value
$2.3M
RESTAURANT
Est. value
$2.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.6M
RETAIL STORES Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
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
2017
Heating
NONE
Lot
1.94 ac
Current owner
From public records · entity-resolved
Hardy Real Estate Holdings LLC
Entity
Mailing address
7100 WESTWIND DR STE #135, EL PASO, TX 79912-1757
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 12, 2024
—
Hardy Real Estate Holdings LLC
—
Deed
related
—
May 27, 2021
—
Hardy Real Estate Holdings LLC
Fiveset Net Sports LLC
Warranty Deed
$1,152,000 · Weststar Bank
Feb 27, 2018
—
Fiveset Net Sports LLC
—
Deed
related
$445,000 · Liftfund
Oct 27, 2016
—
Fiveset Net Sports LLC
Carmela Morales
Warranty Deed
$431,820 · Capital Bk Ssb
Aug 25, 2015
—
J O Stewart JR
Stewart,j O JR & Marlene B
Quit Claim Deed
—
Mar 21, 2011
—
J O Stewart JR.
—
Deed Of Trust
related
$1,034,534 · Ron Acton
Jul 16, 2010
—
J O Stewart JR.
Cjt Jv LLC
Grant Deed
$1,034,534 · Inter National Bank
Feb 4, 2010
—
Cjt Jv LLC
—
Trustees Deed
related
$125,000 · J O JR Stewart
Oct 9, 2008
—
Cjt Jv LLC
—
Trustees Deed
related
$928,800 · Inter National Bank
—
—
Cjt Jv LLC
—
Deed Of Trust
related
$928,800 · Inter National Bank
—
—
Fiveset Net Sports LLC
—
Deed Of Trust
related
$445,000 · Liftfund
—
—
Cjt Jv LLC
—
Deed Of Trust
related
$928,800 · Inter 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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