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Property profile & analytics
OFF-MARKET
Individual retail properties
2811 Karsten SE Ct Albuquerque, NM 87102
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US61-0248841
Property profile
Verified
Property type
Individual retail properties
Use group
GYM, HEALTH SPA
Year built
2022
Total area
896 SF
Lot
3.55 ac (154,682 SF)
APN
1-014-055-468-274-1-08-17
UPID
US61-0248841
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
-
Kraemer Fields Sports Field & Court Sports School
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
Ramp Arena LLC · 4 yrs held
Ramp Arena LLC
since 2022
5 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
$17,345
Tax year 2023
Assessed value
$223,833
Assessed 2023
Previous assessed
$120,255
+86.1% YoY
Effective rate
7.75%
On assessed value
Assessed land
$148,293
Assessed improvement
$75,540
Land market value
$444,924
Improvement market value
$226,644
Total market value
$671,568
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
Individual retail properties
Use group
GYM, HEALTH SPA
Status
Off-Market
Year built
2022
Heating
NONE
Total area
896 SF
Lot
3.55 ac (154,682 SF)
APN
1-014-055-468-274-1-08-17
UPID
US61-0248841
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
2022
Heating
NONE
Lot
3.55 ac
Current owner
From public records · entity-resolved
Ramp Arena LLC
Entity
Mailing address
6802 JEFFERSON ST NE #200, ALBUQUERQUE, NM 87109
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Jan 28, 2022
—
Ramp Arena LLC
Richard W Kraemer
Warranty Deed
$1,469,050 · Main Bank
Nov 21, 2016
—
Richard W Kraemer
Kraemer,mary P
Quit Claim Deed
related
—
Feb 25, 2008
—
Skar LLC
Kraemer R & M P R Trust
Quit Claim Deed
related
—
Dec 17, 2007
—
Robert K Waterman
Ea LLC
Warranty Deed
$260,000 · Los Alamos National Bank
—
—
Skar LLC
—
Deed Of Trust
related
$174,340 · Community Bank NA
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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