New search
Property profile & analytics
OFF-MARKET
Residential income homes
4620 9th NW St Albuquerque, NM 87107-3701
Individually Owned
Free & Clear
Property ID
US61-0286298
Property profile
Verified
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Year built
1940
Total area
3,700 SF
Lot
0.26 ac (11,326 SF)
APN
1-014-061-289-018-4-01-16
UPID
US61-0286298
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
-
Christopher S. Redden Marketing & Advertising (Bike/Boat/Book/etc) Store
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
Mario E Andrade
Mario E Andrade
since 2025
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
$2,967
Tax year 2023
Assessed value
$53,647
Assessed 2023
Previous assessed
$52,594
+2.0% YoY
Effective rate
5.53%
On assessed value
Assessed land
$14,449
Assessed improvement
$39,198
Land market value
$43,350
Improvement market value
$117,606
Total market value
$160,956
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
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Status
Off-Market
Year built
1940
Heating
NONE
Units
1
Total area
3,700 SF
Lot
0.26 ac (11,326 SF)
APN
1-014-061-289-018-4-01-16
UPID
US61-0286298
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
1940
Heating
NONE
Units
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
Mario E Andrade
Individual
Free & Clear · 0 yrs held
Mailing address
4620 9TH ST NW, ALBUQUERQUE, NM 87107-3701
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 25, 2025
—
Mario E Andrade
—
Deed
related
$250,000 · Quontic Bank Fsb
Jul 28, 2025
—
Mario E Andrade
Max A Sklower
Warranty Deed
—
Nov 26, 2019
—
Mario Andrade
—
Deed
related
$105,650 · Bank Of Albuquerque
Apr 11, 2018
$160,000
Mario E Andrade
Sklower,max A & Linda L
Grant Deed
—
Feb 7, 2018
—
Max A Sklower
Dr Investments LLC
Grant Deed
—
Oct 8, 2015
—
Dr Investments LLC
Sklower,max A & Linda L
Dual Purpose Document
related
$115,000 · Max A & Linda L Sklower
Feb 4, 2015
—
Hogares INC
—
Trustees Deed
related
$220,000 · Mcleod Don W Trust (pt)
Apr 6, 2005
—
Hogares INC
Los Padrinos INC
Grant Deed
$1,572,750 · Wells Fargo Bank
—
—
Mario Andrade
—
Deed Of Trust
related
$105,650 · Bank Of Albuquerque
—
—
Los Padrinos INC
—
Deed Of Trust
related
$1,535,250 · First State Bank
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4620 9th NW St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
