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Property profile & analytics
OFF-MARKET
Estimated value
$1,140,000
Outlet malls
509 Hall St Hatch, NM 87937
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US61-1264303
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2016
Total area
9,301 SF
Lot
1.36 ac (59,242 SF)
Zoning code
NEIGH-COMMER
APN
3-016-110-417-484
UPID
US61-1264303
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
$1.07M
CAP Approach
CAP
$1.16M
Comparable Approach
Comparable
$1.11M
Blend (final)
Blend
$1.14M
Owner & transaction history
Pinyon Grove LLC · 1 yrs held
Pinyon Grove LLC
since 2025
Last sale
$1.1M
1 recorded transaction
Zoning & alternative use
NEIGH-COMMER · Hatch, NM
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.1M
+29.1%
Auto repair, garage
$1.1M
+25.8%
Restaurant
$1.1M
+24.5%
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 Hatch submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hatch 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
$1,065,000
CAP Approach
CAP Return
Estimation
6%
$1,260,000
6.5%
$1,160,000
7%
$1,080,000
Alternative Use
Use
Estimation
RETAIL STORES
$875,000
Current use
OFFICE BUILDING
$1,125,000
Change: +29% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,100,000
Change: +26% · Conversion: Difficult
RESTAURANT
$1,085,000
Change: +24% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$785,000
Change: -10% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$750,000
Change: -14% · Conversion: Difficult
COMMERCIAL (GENERAL)
$740,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$1.14M
Range $1.03M – $1.25M · ±10% · vs last sale $1.14M (Feb 27 2025)
Last sale anchor
$1.14M
Feb 27 2025
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
$123 / 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
$10,173
Tax year 2023
Assessed value
$283,215
Assessed 2023
Previous assessed
$248,149
+14.1% YoY
Effective rate
3.59%
On assessed value
Assessed land
$6,709
Assessed improvement
$276,506
Land market value
$20,128
Improvement market value
$829,518
Total market value
$849,646
Applied tax rate
11.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
2016
Total area
9,301 SF
Lot
1.36 ac (59,242 SF)
Zoning code
NEIGH-COMMER
APN
3-016-110-417-484
UPID
US61-1264303
Jurisdiction
DONA ANA
Zoning & alternative use
NEIGH-COMMER · Hatch, NM
Zoning NEIGH-COMMER · permitted uses
NEIGH-COMMER · Hatch, NM
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hatch. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$875,000
OFFICE BUILDING
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.1M
RESTAURANT
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$785,000
INDUSTRIAL (GENERAL)
Est. value
$750,000
COMMERCIAL (GENERAL)
Est. value
$740,000
RETAIL STORES Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
COMMERCIAL (GENERAL)
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
2016
Lot
1.36 ac
Current owner
From public records · entity-resolved
Pinyon Grove LLC
Entity
Mailing address
56 N CPE ROYAL DR, GREEN VALLEY, AZ 85614-5958
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 27, 2025
$1,140,000
Pinyon Grove LLC
Legacy Investment Company LLC
Special Warranty Deed
$700,000 · Us Bank NA
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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