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Property profile & analytics
OFF-MARKET
Community centers
505 Burro Ave, Cloudcroft, NM 88317-7705
Individually Owned
11-yr Hold
Free & Clear
Property ID
US61-0834913
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1998
Total area
13,525 SF
Lot
0.54 ac (23,435 SF)
APN
11N4068091064080
UPID
US61-0834913
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
by Request
Owner & transaction history
Turner,vincent C & Phyllis P · 11 yrs held
Turner,vincent C & Phyllis P
since 2014
6 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 Cloudcroft submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cloudcroft 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
$7,129
Tax year 2023
Assessed value
$326,865
Assessed 2024
Previous assessed
$326,865
+0.0% YoY
Effective rate
2.18%
On assessed value
Assessed land
$65,000
Assessed improvement
$261,865
Land market value
$195,000
Improvement market value
$785,594
Total market value
$980,594
Applied tax rate
11.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1998
Heating
FORCED AIR
Stories
2
Total area
13,525 SF
Lot
0.54 ac (23,435 SF)
APN
11N4068091064080
UPID
US61-0834913
Jurisdiction
OTERO
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
1998
Heating
FORCED AIR
Stories
2
Lot
0.54 ac
Current owner
From public records · entity-resolved
Turner,vincent C & Phyllis P
Individual
Free & Clear · 11 yrs held
Mailing address
PO BOX 564, CLOUDCROFT, NM 88317-0564
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 27, 2014
—
Turner,vincent C & Phyllis P
Burro Street Exchange Ltd Co L
Grant Deed
—
Oct 18, 2010
—
Burro Street Exchange Ltd
—
Loan Modification
related
$1,451,713 · Western Bank
—
—
Burro Street Exchange Ltd
—
Deed Of Trust
related
$747,181 · Compass Bank
—
—
Burro Exchange Ltd
—
Deed Of Trust
related
$711,910 · Compass Bank
—
—
Burro Street Exchange Ltd
—
Deed Of Trust
related
$762,895 · Western Bank
—
—
Burro Street Exchange Ltd
—
Deed Of Trust
related
$741,797 · Western 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.
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