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Property profile & analytics
OFF-MARKET
Estimated value
$995,000
Outlet malls
435 Ft Selden Rd, Radium Springs, NM 88054
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US61-0594718
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2013
Total area
8,320 SF
Lot
1.2 ac (52,272 SF)
Zoning code
T4
APN
3-002-122-060-408
UPID
US61-0594718
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
$1.04M
Comparable Approach
Comparable
$947k
Blend (final)
Blend
$995k
Owner & transaction history
Mdc Coast 19 LLC · 6 yrs held
Mdc Coast 19 LLC
since 2019
4 recorded transactions
Zoning & alternative use
T4 · Radium Springs, NM
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.0M
+39.4%
Auto repair, garage
$980,000
+35.8%
Restaurant
$970,000
+34.4%
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 Radium Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Radium Springs 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%
$1,125,000
6.5%
$1,040,000
7%
$965,000
Alternative Use
Use
Estimation
RETAIL STORES
$725,000
Current use
OFFICE BUILDING
$1,010,000
Change: +39% · Conversion: Easy
AUTO REPAIR, GARAGE
$980,000
Change: +36% · Conversion: Difficult
RESTAURANT
$970,000
Change: +34% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$700,000
Change: -3% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$670,000
Change: -7% · Conversion: Difficult
COMMERCIAL (GENERAL)
$665,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$995k
Range $896k – $1.09M · ±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
$120 / 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
$7,587
Tax year 2023
Assessed value
$289,352
Assessed 2023
Previous assessed
$289,352
+0.0% YoY
Effective rate
2.62%
On assessed value
Assessed land
$14,000
Assessed improvement
$275,352
Land market value
$42,000
Improvement market value
$826,057
Total market value
$868,057
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
2013
Heating
NONE
Total area
8,320 SF
Lot
1.2 ac (52,272 SF)
Zoning code
T4
APN
3-002-122-060-408
UPID
US61-0594718
Jurisdiction
DONA ANA
Zoning & alternative use
T4 · Radium Springs, NM
Zoning T4 · permitted uses
T4 · Radium Springs, NM
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Radium Springs. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$725,000
OFFICE BUILDING
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$980,000
RESTAURANT
Est. value
$970,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$700,000
INDUSTRIAL (GENERAL)
Est. value
$670,000
COMMERCIAL (GENERAL)
Est. value
$665,000
RETAIL STORES Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
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
2013
Heating
NONE
Lot
1.2 ac
Current owner
From public records · entity-resolved
Mdc Coast 19 LLC
Entity
Free & Clear · 6 yrs held
Mailing address
500 VOLVO PKWY, CHESAPEAKE, VA 23320-1604
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 4, 2019
—
Mdc Coast 19 LLC
Cole Fd Portfolio X LLC
Grant Deed
related
—
Mar 5, 2014
—
Cole Fd Portfolio X LLC
Hutton Growth One LLC
Grant Deed
—
Jul 2, 2013
—
Hutton Growth One LLC
Sidco Corp
Warranty Deed
related
—
Nov 23, 2009
—
Hatch Area Medical Center Foun
Sidco Corp
Warranty 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.
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