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Property profile & analytics
OFF-MARKET
Turn key restaurants
3181 White Sands Blvd, Alamogordo, NM 88310-6131
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US61-0465995
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2005
Construction
METAL FRAME
Total area
1,581 SF
Lot
0.8 ac (34,674 SF)
APN
01N4055092011123
UPID
US61-0465995
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
-
Subway Take-out & Catering
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
Free & Fashion Asset LLC · 3 yrs held
Free & Fashion Asset LLC
since 2022
6 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 Alamogordo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Alamogordo 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
$5,098
Tax year 2023
Assessed value
$153,744
Assessed 2024
Previous assessed
$153,744
+0.0% YoY
Effective rate
3.32%
On assessed value
Assessed land
$69,348
Assessed improvement
$84,396
Land market value
$208,044
Improvement market value
$253,187
Total market value
$461,231
Applied tax rate
1.0000
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
2005
Construction
METAL FRAME
Heating
FORCED AIR
Cooling
REFRIGERATOR
Stories
1
Total area
1,581 SF
Lot
0.8 ac (34,674 SF)
APN
01N4055092011123
UPID
US61-0465995
Jurisdiction
OTERO
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
2005
Construction
METAL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.8 ac
Current owner
From public records · entity-resolved
Free & Fashion Asset LLC
Entity
Mailing address
19790 W DIXIE HWY STE #902, MIAMI, FL 33180-2298
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 7, 2022
—
Free & Fashion Asset LLC
Solid Cap Properties LLC
Warranty Deed
$11,200,000 · First National Bank
May 9, 2022
—
Lenore Marie Whitney
Lenore Marie Whitney
Intrafamily Transfer
related
—
May 1, 2020
—
Solid Cap Properties LLC
—
Deed
related
$2,170,000 · First Nat'l Bk
Dec 30, 2019
—
Solid Cap Properties LLC
—
Deed
related
$150,000 · First Nat'l Bk
—
—
Solid Cap Properties LLC
—
Deed Of Trust
related
$150,000 · First Nat'l Bk
—
—
Solid Cap Properties LLC
—
Deed Of Trust
related
$2,170,000 · First Nat'l Bk
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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