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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Retail space
290 Mccombs Rd Chaparral, NM 88081-8173
Entity Owned
Free & Clear
Property ID
US61-0714613
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2004
Total area
6,840 SF
Lot
1.17 ac (50,965 SF)
Zoning code
T5
APN
4-029-155-047-269
UPID
US61-0714613
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
$617k
Blend (final)
Blend
$590k
Owner & transaction history
Agree Stores LLC
Agree Stores LLC
since 2025
3 recorded transactions
Zoning & alternative use
T5 · Chaparral, NM
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$805,000
+33.9%
Restaurant
$800,000
+32.5%
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 Chaparral submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chaparral 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
RETAIL STORES
$605,000
Current use
AUTO REPAIR, GARAGE
$805,000
Change: +34% · Conversion: Difficult
RESTAURANT
$800,000
Change: +32% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$575,000
Change: -4% · Conversion: Difficult
COMMERCIAL (GENERAL)
$545,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$590k
Range $531k – $649k · ±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
$86 / 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
$6,108
Tax year 2023
Assessed value
$182,904
Assessed 2023
Previous assessed
$182,904
+0.0% YoY
Effective rate
3.34%
On assessed value
Assessed land
$11,700
Assessed improvement
$171,204
Land market value
$35,100
Improvement market value
$513,612
Total market value
$548,712
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
2004
Heating
NONE
Total area
6,840 SF
Lot
1.17 ac (50,965 SF)
Zoning code
T5
APN
4-029-155-047-269
UPID
US61-0714613
Jurisdiction
DONA ANA
Zoning & alternative use
T5 · Chaparral, NMZoning T5 · permitted uses
T5 · Chaparral, NM
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
RETAIL STORES Current
Est. value
$605,000
AUTO REPAIR, GARAGE
Est. value
$805,000
RESTAURANT
Est. value
$800,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$575,000
COMMERCIAL (GENERAL)
Est. value
$545,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (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
2004
Heating
NONE
Lot
1.17 ac
Current owner
From public records · entity-resolved
Agree Stores LLC
Entity
Free & Clear · 0 yrs held
Mailing address
5420 BEAVER LN, DISCOVERY BAY, CA 94505-9404
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 13, 2025
—
Agree Stores LLC
The E E Turman Family Trust
Warranty Deed
—
Nov 17, 2023
—
E E Turman
E E Turman
Intrafamily Transfer
related
—
Sep 1, 2006
—
Turman E E Living
Turman,edwin & Paula
Quit Claim 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.
Try Rey
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