New search
Property profile & analytics
FOR SALE
Medical Office Space
4801 Mcmahon Blvd Northwest Albuquerque, NM 87114
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US61-0221785
For Sale
1 / 9
$499,000
4801 Mcmahon Blvd Northwest, Albuquerque, NM 87114
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1990
Total area
34,915 SF
Lot
0.78 ac (34,064 SF)
APN
1-012-066-420-147-4-04-27
UPID
US61-0221785
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
-
West Mesa Oral Maxillofacial Dental Office
-
Cardiac Care Consultants Of N.M. Medical Clinic
-
Lovelace Westside Cardiology Medical Clinic
-
Stephen H. Christiansen, D.D.S Dental Office
-
Katy J. Watson, DPT Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$795k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.26M
Blend (final)
Blend
$1.03M
Owner & transaction history
Medical Partners Ltd · 7 yrs held
Medical Partners Ltd
since 2019
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
$795,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,515,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$1.03M
Range $923k – $1.13M · ±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
$29 / 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
$45,022
Tax year 2023
Assessed value
$938,426
Assessed 2023
Previous assessed
$853,115
+10.0% YoY
Effective rate
4.80%
On assessed value
Assessed land
$99,430
Assessed improvement
$838,996
Land market value
$298,320
Improvement market value
$2,517,240
Total market value
$2,815,560
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Sale
Year built
1990
Heating
NONE
Total area
34,915 SF
Lot
0.78 ac (34,064 SF)
APN
1-012-066-420-147-4-04-27
UPID
US61-0221785
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
RETAIL STORES
Est. value
$1.5M
RETAIL STORES
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
1990
Heating
NONE
Lot
0.78 ac
Current owner
From public records · entity-resolved
Medical Partners Ltd
Entity
Free & Clear · 7 yrs held
Mailing address
1 BURTON HLS BLVD STE #250, NASHVILLE, TN 37215-6195
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2019
—
Medical Partners Ltd
Greenbrier Group LLC
Warranty Deed
related
—
Aug 5, 2015
—
Ahs New Mexico Holdings INC
Lovelace Health System INC
Quit Claim Deed
related
—
Nov 5, 2004
—
Snoy Frederick J II Trust
Snoy,frederick J II
Quit Claim Deed
related
—
May 14, 2004
—
Frederick J Snoy II
Schobbens,colette M
Quit Claim Deed
related
—
Feb 3, 2004
—
Chester Y Sakura
Fiber Frederick & Elaine
Warranty Deed
$68,000 · First Federal Savings Bank
Apr 11, 2003
—
Julian S Garza
Garza,julian S
Quit Claim Deed
related
$85,000 · First State Bank
Apr 6, 1999
—
Michael S Mitnik
Wms Office Partnership
Grant Deed
$267,968 · Norwest Bank New Mexico
—
—
Julian S Garza
—
Deed Of Trust
related
$54,475 · First State Bank
—
—
John Henry Sloan Props LLC
—
Deed Of Trust
related
$88,835 · First Community 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?”
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.
