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Property profile & analytics
OFF-MARKET
Estimated value
$640,000
Turn key restaurants
2039 4th NW St Albuquerque, NM 87102-1429
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US61-0240470
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1968
Total area
6,124 SF
Lot
0.52 ac (22,825 SF)
APN
1-014-059-264-121-3-21-01
UPID
US61-0240470
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
-
Oaxacan Zapotec House at 4th St (Bike/Boat/Book/etc) Store Carpet & Flooring Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$640k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$668k
Blend (final)
Blend
$640k
Owner & transaction history
Juan P Gonzalez Gutierrez · 4 yrs held
Juan P Gonzalez Gutierrez
since 2021
Last sale
$625,000
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.0M
+31.7%
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
$640,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$765,000
Current use
COMMERCIAL (GENERAL)
$1,005,000
Change: +32% · Conversion: Easy
OFFICE BUILDING
$760,000
Change: 0% · Conversion: Moderate
AUTO REPAIR, GARAGE
$670,000
Change: -12% · Conversion: Difficult
RETAIL STORES
$625,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$640k
Range $576k – $704k · ±10% · vs last sale $625k (Nov 30 2021)
Last sale anchor
$625k
Nov 30 2021
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
$105 / 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
$8,306
Tax year 2023
Assessed value
$150,177
Assessed 2023
Previous assessed
$139,053
+8.0% YoY
Effective rate
5.53%
On assessed value
Assessed land
$55,830
Assessed improvement
$94,347
Land market value
$167,508
Improvement market value
$283,068
Total market value
$450,576
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1968
Heating
NONE
Units
1
Total area
6,124 SF
Lot
0.52 ac (22,825 SF)
APN
1-014-059-264-121-3-21-01
UPID
US61-0240470
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
RESTAURANT Current
Est. value
$765,000
COMMERCIAL (GENERAL)
Est. value
$1.0M
OFFICE BUILDING
Est. value
$760,000
AUTO REPAIR, GARAGE
Est. value
$670,000
RETAIL STORES
Est. value
$625,000
RESTAURANT Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
1968
Heating
NONE
Units
1
Lot
0.52 ac
Current owner
From public records · entity-resolved
Juan P Gonzalez Gutierrez
Individual
Mailing address
303 ROMERO ST NW STE N113, ALBUQUERQUE, NM 87104-1483
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 30, 2021
$625,000
Juan P Gonzalez Gutierrez
Montessori Of The Rio Grande INC
Land Contract
$468,750 · Not Available
Feb 16, 2010
—
Montessori Of Rio Grande INC
Kaplan,arthur H & Toya V
Warranty Deed
$250,000 · Bank Of Albuquerque
Oct 16, 2007
$610,000
Arthur H Kaplan
Metzger Family Living Trust
Grant Deed
$350,000 · First Community Bank
Oct 2, 2007
—
A & B Properties LLC
Bronstein Ltd
Warranty Deed
related
—
Aug 27, 2004
—
Metzger Trust
A & B Properties LLC
Warranty 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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