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Property profile & analytics
FOR LEASE
Medical Office Space
200 Oak St Northeast Albuquerque, NM 87106
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US61-1629197
For Lease
Contact for pricing
200 Oak St Northeast, Albuquerque, NM 87106
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1962
Total area
12,408 SF
Lot
0.71 ac (30,753 SF)
APN
1-015-057-122-391-2-22-01
UPID
US61-1629197
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
-
New Age Dentistry Dental Office
-
VIP Dental Training Center of New Mexico Dental Office Vocational School
-
Gerald Bart Physician
-
Dr. Mark D. Thomas, MD Physician Medical Clinic
-
Minimally Invasive Urology Physician
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
Dmc Holdings LLC · 3 yrs held
Dmc Holdings LLC
since 2023
7 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
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
$8,707
Tax year 2023
Assessed value
$181,482
Assessed 2023
Previous assessed
$164,983
+10.0% YoY
Effective rate
4.80%
On assessed value
Assessed land
$61,997
Assessed improvement
$119,485
Land market value
$186,010
Improvement market value
$358,490
Total market value
$544,500
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Lease
Year built
1962
Heating
NONE
Total area
12,408 SF
Lot
0.71 ac (30,753 SF)
APN
1-015-057-122-391-2-22-01
UPID
US61-1629197
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
Building & site characteristics
From public records
Year built
1962
Heating
NONE
Lot
0.71 ac
Current owner
From public records · entity-resolved
Dmc Holdings LLC
Entity
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 31, 2023
—
Dmc Holdings LLC
Johnanna E Gonzales
Assignment Of Lease (leasehold Sale)
—
Mar 26, 2021
—
Sbs Oak Street Medical LLC
New Age Dentistry LLC
Warranty Deed
$448,605 · First Citizens Bank & Trust Co
Jan 31, 2019
—
New Age Dentistry LLC
Mccormick 102 LLC
Grant Deed
$455,700 · Bank Of The West
Mar 21, 2018
$495,000
Mccormick 102 LLC
Special Master Of Bernalillo Coun|agarwal,vijay P
Trustees Deed
related
—
Jan 22, 2018
—
Kaushal,ashok K & Indu Trust
Master Of Bernalillo County
Trustees Deed
related
—
—
—
Vijay P Agarwal
—
Deed Of Trust
related
$150,000 · Rajiv P & Anjana R Shah
—
—
Vijay P Agarwal
—
Deed Of Trust
related
$764,000 · Los Alamos National Bank
—
—
Vijay Agarwal
—
Deed Of Trust
related
$325,000 · Kaushal Ashok K & Indu Tr (pt)
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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