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Property profile & analytics
OFF-MARKET
Medical Office Space
5920 Whiteman NW Dr Albuquerque, NM 87120-2198
Entity Owned
1-yr Hold
Free & Clear
Property ID
US61-0117312
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2000
Total area
3,098 SF
Lot
0.46 ac (20,081 SF)
APN
1-010-062-460-252-4-10-23
UPID
US61-0117312
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
-
Ivory Dental Dental Office
-
Dr. Brendon Prestwich, DDS Dental Office
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
Marlet Homes LLC · 1 yrs held
Marlet Homes LLC
since 2024
7 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 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
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
$5,210
Tax year 2023
Assessed value
$108,595
Assessed 2023
Previous assessed
$98,724
+10.0% YoY
Effective rate
4.80%
On assessed value
Assessed land
$45,315
Assessed improvement
$63,280
Land market value
$135,960
Improvement market value
$189,860
Total market value
$325,820
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2000
Heating
NONE
Units
1
Total area
3,098 SF
Lot
0.46 ac (20,081 SF)
APN
1-010-062-460-252-4-10-23
UPID
US61-0117312
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
Building & site characteristics
From public records
Year built
2000
Heating
NONE
Units
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
Marlet Homes LLC
Entity
Free & Clear · 1 yrs held
Mailing address
5920 WHITEMAN DR NW, ALBUQUERQUE, NM 87120-2198
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 1, 2024
—
Marlet Homes LLC
Mario Flores Ramirez
Warranty Deed
—
Feb 19, 2024
—
Frank C Stromei
Frank C Stromei
Deed
related
—
Jun 28, 2023
—
Dental Design Studio LLC
Languria Properties LLC
Warranty Deed
—
Jul 15, 2022
—
Mario Flores Ramirez
Scott B Clark
Warranty Deed
—
Apr 27, 2022
—
Mikayla Carrete
Matthew Cornay
Warranty Deed
—
Dec 29, 2021
$120,000
Mikayla Carrete
Matthew Cornay
Deed
$120,000 · Not Available
Dec 29, 2021
—
Mikayla Carrete
Adan Candelaria
Deed
—
Apr 15, 2021
—
Scott B Clark
James R Hern
Warranty Deed
—
Mar 16, 2018
—
Roger L Umber
Lemons Family Trust
Quit Claim Deed
related
—
Nov 27, 2013
—
Languria Properties LLC
Ahn,stewart P & Vivian K
Warranty Deed
$395,250 · Bank Of America
Aug 1, 2013
—
Stewart P Ahn
Ahn,stewart P
Quit Claim Deed
related
—
Oct 31, 2005
—
Stewart P Ahn
Humason,mitchell A
Grant Deed
$315,000 · Compass Bank
—
—
Languria Properties LLC
—
Deed Of Trust
related
$69,750 · Stewart P & Vivian K Ahn
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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