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Property profile & analytics
OFF-MARKET
Estimated value
$855,000
Distribution centers
2043 Appaloosa Dr Sunland Park, NM 88063-9406
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US61-0791223
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2021
Total area
12,567 SF
Lot
2.55 ac (111,203 SF)
Zoning code
LT-MANUFACTR
APN
4-019-170-189-118
UPID
US61-0791223
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
$788k
Blend (final)
Blend
$855k
Owner & transaction history
Eskola LLC · 1 yrs held
Eskola LLC
since 2024
7 recorded transactions
Zoning & alternative use
LT-MANUFACTR · Sunland Park, NM
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.1M
+86.0%
Apartment house (5+ units)
$1.1M
+80.5%
Commercial (general)
$1.0M
+70.6%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$590,000
Current use
RETAIL STORES
$1,095,000
Change: +86% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$1,060,000
Change: +81% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,000,000
Change: +71% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$710,000
Change: +21% · Conversion: Easy
Blend value · Realmo final
$855k
Range $770k – $941k · ±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
$68 / 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
$19,850
Tax year 2023
Assessed value
$454,920
Assessed 2023
Previous assessed
$454,920
+0.0% YoY
Effective rate
4.36%
On assessed value
Assessed land
$44,467
Assessed improvement
$410,453
Land market value
$133,400
Improvement market value
$1,231,360
Total market value
$1,364,760
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2021
Heating
NONE
Total area
12,567 SF
Lot
2.55 ac (111,203 SF)
Zoning code
LT-MANUFACTR
APN
4-019-170-189-118
UPID
US61-0791223
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
WAREHOUSE, STORAGE Current
Est. value
$590,000
RETAIL STORES
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.0M
INDUSTRIAL (GENERAL)
Est. value
$710,000
WAREHOUSE, STORAGE Current
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
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
2021
Heating
NONE
Lot
2.55 ac
Current owner
From public records · entity-resolved
Eskola LLC
Entity
Free & Clear · 1 yrs held
Mailing address
5220 STERLING PL, EL PASO, TX 79932-2548
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Nov 12, 2024
—
Eskola LLC
Baysis Investments Ltd
Deed
—
May 16, 2022
—
Baysis Investments Ltd
—
Deed
related
$2,000,000 · First Savings Bank
Oct 10, 2019
—
Baysis Investments Ltd
Appaloosa 2043 LLC
Warranty Deed
related
—
May 8, 2019
—
Appaloosa 2043 LLC
Stewart M B 2016 L/tr
Warranty Deed
related
—
Dec 20, 2016
—
Stewart,marlene B 2016 Trust
Stewart,marlene B
Quit Claim Deed
related
—
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
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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