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Property profile & analytics
OFF-MARKET
Estimated value
$1,475,000
Commercial real estate
628 Riverside Dr Espanola, NM 87532-2620
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US61-0327001
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Total area
10,980 SF
Lot
1.62 ac (70,393 SF)
APN
174637696
UPID
US61-0327001
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
$1.57M
Comparable Approach
Comparable
$1.38M
Blend (final)
Blend
$1.48M
Owner & transaction history
Espanola Pathways Shelter INC · 4 yrs held
Espanola Pathways Shelter INC
since 2022
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.4M
+26.0%
Industrial (general)
$1.2M
+6.7%
Medical building
$1.1M
+3.5%
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 Espanola submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Espanola 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%
$1,705,000
6.5%
$1,570,000
7%
$1,460,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,100,000
Current use
RESTAURANT
$1,390,000
Change: +26% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,175,000
Change: +7% · Conversion: Moderate
MEDICAL BUILDING
$1,140,000
Change: +3% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,015,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$1.48M
Range $1.33M – $1.62M · ±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
$134 / 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
$17,675
Tax year 2023
Assessed value
$342,750
Assessed 2023
Previous assessed
$421,379
-18.7% YoY
Effective rate
5.16%
On assessed value
Assessed land
$90,111
Assessed improvement
$252,639
Land market value
$270,335
Improvement market value
$757,920
Total market value
$1,028,255
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
10,980 SF
Lot
1.62 ac (70,393 SF)
APN
174637696
UPID
US61-0327001
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
$1.1M
RESTAURANT
Est. value
$1.4M
INDUSTRIAL (GENERAL)
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.0M
COMMERCIAL (GENERAL) Current
RESTAURANT
INDUSTRIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1.62 ac
Current owner
From public records · entity-resolved
Espanola Pathways Shelter INC
Entity
Mailing address
PO BOX 278, ESPANOLA, NM 87532-0278
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 7, 2022
—
Espanola Pathways Shelter INC
Rufina & South Meadows LLC
Special Warranty Deed
$1,860,000 · New Mexico
Jul 31, 2019
—
Rufina & South Meadows LLC
—
Deed
related
$2,939,224 · Nusenda FCU
Mar 27, 2007
—
Rufina & South Meadows LLC
Espanola Riverside Plaza LLC
Warranty Deed
$1,650,000 · First Community Bank
—
—
Rufina & South Meadows LLC
—
Loan Modification
related
$2,939,224 · Nusenda FCU
—
—
Rufina & South Meadows LLC
—
Deed Of Trust
related
$336,804 · Los Alamos National 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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