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Property profile & analytics
OFF-MARKET
Estimated value
$3,080,000
Commercial real estate
5 Marietta Ct Edgewood, NM 87015-9142
Trust Owned
6-yr Hold
Free & Clear
Property ID
US61-0506036
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Total area
19,246 SF
Lot
3.22 ac (140,307 SF)
APN
99304898
UPID
US61-0506036
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
-
Tractor Supply Co. Pet Store & Service
-
Minute Key Locksmith (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.76M
Comparable Approach
Comparable
$3.41M
Blend (final)
Blend
$3.08M
Owner & transaction history
Broadstone Trust New Mexico LLC · 6 yrs held
Broadstone Trust New Mexico LLC
since 2019
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$4.6M
+22.6%
Office building
$4.3M
+15.9%
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 Edgewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Edgewood 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%
$2,985,000
6.5%
$2,755,000
7%
$2,560,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,745,000
Current use
WAREHOUSE, STORAGE
$4,590,000
Change: +23% · Conversion: Difficult
OFFICE BUILDING
$4,340,000
Change: +16% · Conversion: Easy
Blend value · Realmo final
$3.08M
Range $2.77M – $3.39M · ±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
$160 / 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
$23,499
Tax year 2023
Assessed value
$762,695
Assessed 2023
Previous assessed
$652,974
+16.8% YoY
Effective rate
3.08%
On assessed value
Assessed land
$127,171
Assessed improvement
$635,524
Land market value
$381,516
Improvement market value
$1,906,574
Total market value
$2,288,090
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Total area
19,246 SF
Lot
3.22 ac (140,307 SF)
APN
99304898
UPID
US61-0506036
Jurisdiction
SANTA FE
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
COMMERCIAL (GENERAL) Current
Est. value
$3.7M
WAREHOUSE, STORAGE
Est. value
$4.6M
OFFICE BUILDING
Est. value
$4.3M
COMMERCIAL (GENERAL) Current
WAREHOUSE, STORAGE
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
Heating
NONE
Lot
3.22 ac
Current owner
From public records · entity-resolved
Broadstone Trust New Mexico LLC
Trust
Free & Clear · 6 yrs held
Mailing address
5401 VIRGINIA WAY, BRENTWOOD, TN 37027-7536
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 2, 2019
—
Broadstone Trust New Mexico LLC
National Income Prop Dst IV
Grant Deed
—
Jan 29, 2015
—
National Income Props Dst I Trust
Nla Edgewood LLC
Trustees Deed
$8,002,478 · Umb Bk
May 22, 2014
—
Nla Edgewood LLC
Jw Edgewood Xxiii Ltd
Grant Deed
$2,003,915 · Umb Bk
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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