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Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Retail space
4200 4th NW St, Albuquerque, NM 87107-3623
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US61-0231153
Property summary
AI-generated overview
This exceptional Albuquerque investment opportunity presents a rare 12,209 square foot retail/industrial property, currently operating as an auto shop. Boasting a strong 7.96% capitalization rate and a substantial net operating income (NOI) of $163,256, this property is priced at $2,050,000 ($167.91/sq ft). Situated on a 0.81-acre lot zoned MX-M, the property benefits from excellent visibility and high traffic counts, with approximately 17,200 cars passing daily. Its prime location offers easy access to major interstates I-40 and I-25, within less than five minutes. The property features ample parking (20+ spaces) and is enhanced by long-term leases with financially sound tenants. Significant recent improvements include complete HVAC and roof replacements in 2023, ensuring long-term operational efficiency. Full street access is provided from both 4th St. NW and San Lorenzo. This turnkey investment presents a compelling opportunity for significant returns.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1949
Total area
11,488 SF
Lot
0.81 ac (35,501 SF)
APN
1-014-060-413-346-1-09-03
UPID
US61-0231153
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
-
Straight Street Automotive Auto Repair Shop
-
R/D Collision Center Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$665k
Owner & transaction history
Randy J Sena · 3 yrs held
Randy J Sena
since 2023
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
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
OFFICE BUILDING
$980,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$665k
Range $599k – $732k · ±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
$58 / 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
$12,279
Tax year 2023
Assessed value
$222,011
Assessed 2023
Previous assessed
$198,813
+11.7% YoY
Effective rate
5.53%
On assessed value
Assessed land
$78,981
Assessed improvement
$143,030
Land market value
$236,966
Improvement market value
$429,133
Total market value
$666,099
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1949
Heating
NONE
Stories
1
Rooms
4
Total area
11,488 SF
Lot
0.81 ac (35,501 SF)
APN
1-014-060-413-346-1-09-03
UPID
US61-0231153
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
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$980,000
OFFICE BUILDING
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
1949
Heating
NONE
Stories
1
Rooms
4
Lot
0.81 ac
Current owner
From public records · entity-resolved
Randy J Sena
Individual
Mailing address
2309 LUCHERRI RD SW, ALBUQUERQUE, NM 87105
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 16, 2023
—
Randy J Sena
Rezlo Properties LLC
Warranty Deed
—
Apr 12, 2021
$545,000
Rezlo Properties LLC
J Squared 4th Street LLC
Land Contract
$100,000 · Not Available
Jul 20, 2016
—
J Squared 4th Street LLC
—
Deed
related
$375,000 · New Mexico Bank & Trust
Jun 15, 2016
—
J Squared 4th Street LLC
High Desert Cap LLC
Warranty Deed
—
Mar 8, 2016
—
Sa Challengere INC
Special Master Of Bernalillo Cnty|yoshimoto,nancy
Trustees Deed
—
Dec 28, 2007
—
C & N Properties LLC
Yoshimoto,craig
Warranty Deed
$75,000 · New Mexico Bank & Trust
Aug 17, 2004
—
Craig Yoshimoto
C & N Properties LLC
Grant Deed
$25,000 · First Federal Savings Bank
—
—
Craig Yoshimoto
—
Deed Of Trust
related
$175,000 · New Mexico Bank & Trust
—
—
Craig Yoshimoto
—
Deed Of Trust
related
$350,000 · First Federal 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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