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Property profile & analytics
OFF-MARKET
Office Spaces
4100 Wolcott NE Ave Albuquerque, NM 87109-4571
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US61-0195189
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2004
Total area
2,734 SF
APN
1-017-063-190-194-3-09-01-AE
UPID
US61-0195189
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
-
Build Green NM General Contractor
-
Su Casa Magazine Publishing House
-
NEW MEXICO COALITION OF PUBLIC SAFETY OFFICERS Association / Organization
-
Elizabeth MD Facial Plastic Surgery Physician
-
Home Builders Association Association / Organization
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
Thornton Real Estate Holdings LLC · 1 yrs held
Thornton Real Estate Holdings LLC
since 2024
7 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
$4,396
Tax year 2023
Assessed value
$91,621
Assessed 2023
Previous assessed
$83,292
+10.0% YoY
Effective rate
4.80%
On assessed value
Assessed improvement
$91,621
Improvement market value
$274,890
Total market value
$274,890
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
2004
Heating
NONE
Units
1
Total area
2,734 SF
APN
1-017-063-190-194-3-09-01-AE
UPID
US61-0195189
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
2004
Heating
NONE
Units
1
Current owner
From public records · entity-resolved
Thornton Real Estate Holdings LLC
Entity
Mailing address
4110 WOLCOTT AVE NEE, ALBUQUERQUE, NM 87109-4523
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 15, 2024
—
Thornton Real Estate Holdings LLC
Faith & Grace Properties LLC
Special Warranty Deed
$527,000 · Fifth Third Bank NA
Jan 23, 2023
—
Butler Island Enterprises Ltd
R J Escudero Properties LLC
Special Warranty Deed
—
Oct 20, 2021
—
Faith & Grace Properties LLC
Red Truck LLC
Special Warranty Deed
$547,622 · Us Eagle FCU
Apr 13, 2018
—
Red Truck LLC
—
Deed
related
$360,000 · Us Bank NA
Mar 11, 2010
—
Red Truck LLC
Home Builders Association Of Centra
Warranty Deed
—
Apr 20, 2009
$534,067
Red Truck LLC
Home Bldrs Assn Of Ctrl New Mexic
Grant Deed
—
Sep 15, 2006
—
Home Bldrs Assn Of Ctrl New Mexic
Chapman Family Ptshp
Warranty Deed
$325,000 · New Mexico Bank & Trust
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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