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Property profile & analytics
OFF-MARKET
Estimated value
$805,000
Grocery and convenience stores
555 Rio Bravo SE Blvd Albuquerque, NM 87105-7482
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US61-0138836
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2013
Total area
4,775 SF
Lot
1.56 ac (68,171 SF)
APN
1-014-053-293-420-1-07-08
UPID
US61-0138836
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
-
Circle K Gas Station
-
Bitcoin Depot | Bitcoin ATM Crypto Atm Atm
-
Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$830k
Comparable Approach
Comparable
$783k
Blend (final)
Blend
$805k
Owner & transaction history
Circle K Stores INC · 6 yrs held
Circle K Stores INC
since 2020
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$735,000
+421.0%
Auto repair, garage
$590,000
+318.2%
Retail stores
$575,000
+307.1%
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
by Request
CAP Approach
CAP Return
Estimation
6%
$900,000
6.5%
$830,000
7%
$770,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$735,000
Change: +421% · Conversion: Easy
AUTO REPAIR, GARAGE
$590,000
Change: +318% · Conversion: Difficult
RETAIL STORES
$575,000
Change: +307% · Conversion: Easy
OFFICE BUILDING
$530,000
Change: +276% · Conversion: Moderate
Blend value · Realmo final
$805k
Range $725k – $886k · ±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
$169 / 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
$12,419
Tax year 2023
Assessed value
$340,664
Assessed 2023
Previous assessed
$315,736
+7.9% YoY
Effective rate
3.65%
On assessed value
Assessed land
$81,197
Assessed improvement
$259,467
Land market value
$243,615
Improvement market value
$778,478
Total market value
$1,022,093
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2013
Heating
NONE
Total area
4,775 SF
Lot
1.56 ac (68,171 SF)
APN
1-014-053-293-420-1-07-08
UPID
US61-0138836
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
COMMERCIAL (GENERAL)
Est. value
$735,000
AUTO REPAIR, GARAGE
Est. value
$590,000
RETAIL STORES
Est. value
$575,000
OFFICE BUILDING
Est. value
$530,000
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
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
Year built
2013
Heating
NONE
Lot
1.56 ac
Current owner
From public records · entity-resolved
Circle K Stores INC
Entity
Mailing address
PO BOX 52085, PHOENIX, AZ 85072-2085
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 5, 2020
—
Circle K Stores INC
Nti Drop Down Two LLC
Grant Deed
—
Jun 22, 2015
—
Nti Drop Down Two LLC
Cst Shamrock Stations INC
Grant Deed
—
Oct 30, 2012
—
Diamond Shamrock Stations INC
Peligro LLC
Grant Deed
—
Apr 26, 2010
—
Terry Jones
Harris News INC
Warranty Deed
—
Sep 12, 2008
$850,000
Peligro LLC
Harris News INC
Grant Deed
—
May 4, 2005
—
Harris News INC
Gonzalez INC
Grant Deed
—
Nov 9, 2001
—
Gonzalez INC
Mcdonald,joseph P & Mary Y
Grant Deed
related
—
—
—
Joseph P Mcdonald
—
Deed Of Trust
related
$200,000 · First State Bank
—
—
Joseph P Mcdonald
—
Deed Of Trust
related
$75,000 · First State Bank
—
—
Nti Drop Down Two LLC
—
Deed Of Trust
related
$550,000,000 · Citizens Bk/pa
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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