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Property profile & analytics
OFF-MARKET
Strip malls
641 Thorpe Rd, Dona Ana, NM 88032
Trust Owned
5-yr Hold
~
Est. High Equity
Property ID
US61-0189306
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2002
Construction
CONCRETE
Total area
6,990 SF
Lot
0.96 ac (41,818 SF)
Zoning code
GEN-COMMERCL
APN
4-005-129-212-460
UPID
US61-0189306
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
Barraza,v & M P 2020 Fam Trust · 5 yrs held
Barraza,v & M P 2020 Fam Trust
since 2020
3 recorded transactions
Zoning & alternative use
GEN-COMMERCL · Dona Ana, NM
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 Dona Ana submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dona Ana 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
$4,478
Tax year 2023
Assessed value
$170,800
Assessed 2023
Previous assessed
$170,800
+0.0% YoY
Effective rate
2.62%
On assessed value
Assessed land
$20,896
Assessed improvement
$149,904
Land market value
$62,688
Improvement market value
$449,712
Total market value
$512,400
Applied tax rate
2.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2002
Construction
CONCRETE
Heating
NONE
Total area
6,990 SF
Lot
0.96 ac (41,818 SF)
Zoning code
GEN-COMMERCL
APN
4-005-129-212-460
UPID
US61-0189306
Jurisdiction
DONA ANA
Zoning & alternative use
GEN-COMMERCL · Dona Ana, NM
Zoning GEN-COMMERCL · permitted uses
GEN-COMMERCL · Dona Ana, NM
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dona Ana. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2002
Construction
CONCRETE
Heating
NONE
Lot
0.96 ac
Current owner
From public records · entity-resolved
Barraza,v & M P 2020 Fam Trust
Trust
Mailing address
7110 CAROLINA CT, MODESTO, CA 95356-9651
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 29, 2020
—
Barraza,v & M P 2020 Fam Trust
Victor Barraza
Quit Claim Deed
related
—
Apr 29, 2004
—
Becker Trust
Viva Chaparral Props LP LLP
Grant Deed
$480,000 · Sunrise Bank Of Arizona
—
—
Viva Chaparral Properties
—
Deed Of Trust
related
$3,500,000 · First Nm 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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