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Property profile & analytics
OFF-MARKET
Estimated value
$2,330,000
Warehouses
4950 Avenida Creel Santa Teresa, NM 88008-9810
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US61-0009338
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2004
Construction
CONCRETE
Total area
70,258 SF
Lot
6.35 ac (276,606 SF)
Zoning code
REMOTE-MESA
APN
4-012-166-044-258
UPID
US61-0009338
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.33M
Owner & transaction history
Mvt Transportation LLC · 10 yrs held
Mvt Transportation LLC
since 2015
7 recorded transactions
Zoning & alternative use
REMOTE-MESA · Santa Teresa, NM
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$3.4M
+18.5%
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 Santa Teresa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Teresa 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
WAREHOUSE, STORAGE
$2,870,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$3,405,000
Change: +19% · Conversion: Moderate
Blend value · Realmo final
$2.33M
Range $2.10M – $2.56M · ±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
$33 / 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
$39,395
Tax year 2023
Assessed value
$1,179,783
Assessed 2023
Previous assessed
$1,179,783
+0.0% YoY
Effective rate
3.34%
On assessed value
Assessed land
$138,218
Assessed improvement
$1,041,565
Land market value
$414,655
Improvement market value
$3,124,695
Total market value
$3,539,350
Applied tax rate
16.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2004
Construction
CONCRETE
Heating
NONE
Total area
70,258 SF
Lot
6.35 ac (276,606 SF)
Zoning code
REMOTE-MESA
APN
4-012-166-044-258
UPID
US61-0009338
Jurisdiction
DONA ANA
Zoning & alternative use
REMOTE-MESA · Santa Teresa, NM
Zoning REMOTE-MESA · permitted uses
REMOTE-MESA · Santa Teresa, NM
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Santa Teresa. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.4M
WAREHOUSE, STORAGE Current
NEIGHBORHOOD: SHOPPING CENTER
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
2004
Construction
CONCRETE
Heating
NONE
Lot
6.35 ac
Current owner
From public records · entity-resolved
Mvt Transportation LLC
Entity
Mailing address
3590 W PICACHO AVE, LAS CRUCES, NM 88007-4725
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
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
Oct 27, 2025
—
Mvt Transportation LLC
—
Deed
related
$7,200,000 · Citizens Bank Of Las Cruces
Aug 25, 2015
—
Mvt Transportation LLC
Jh Rose Logistics LLC
Grant Deed
$2,135,000 · Citizens Bk/las Cruces
Jan 18, 2013
—
Jh Rose Logistics LLC
Titan Mac Fund I LP
Grant Deed
$2,240,000 · Bank Of Rio Grande
Apr 28, 2006
—
Titan Mac Fund I LP
Tbt Real Estate LP
Special Warranty Deed
$30,895,000 · Principal Commercial Funding LLC
Dec 1, 2004
—
W2001 Tbt Real Estate
—
Deed Of Trust
related
$9,810,180 · Column Financial INC
Nov 23, 2004
—
W2001 Tbt Real Estate
W2001 Str Realty LLC
Quit Claim Deed
related
—
Jul 14, 2004
—
W2001 Str Realty LLC
Creel One Dev LLC
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.
Try Rey
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