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Property profile & analytics
FOR SALE
Industrial properties
7510 Mallard Way Santa Fe, NM 87505
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US61-1628795
For Sale
1 / 13
$2,275,000
7510 Mallard Way, Santa Fe, NM 87505
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Total area
10,003 SF
Lot
0.78 ac (33,803 SF)
APN
910008788
UPID
US61-1628795
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
-
Cart Wright's Plumbing Heating Plumbing Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$765k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$760k
Owner & transaction history
Mallard Way Properties LLC · 6 yrs held
Mallard Way Properties LLC
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.2M
+24.0%
Medical building
$1.0M
+8.2%
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 Santa Fe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Fe 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%
$830,000
6.5%
$765,000
7%
$710,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$950,000
Current use
RESTAURANT
$1,175,000
Change: +24% · Conversion: Difficult
MEDICAL BUILDING
$1,025,000
Change: +8% · Conversion: Difficult
OFFICE BUILDING
$900,000
Change: -5% · Conversion: Difficult
AUTO REPAIR, GARAGE
$825,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$760k
Range $684k – $836k · ±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
$76 / 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
$12,513
Tax year 2023
Assessed value
$389,114
Assessed 2023
Previous assessed
$300,239
+29.6% YoY
Effective rate
3.22%
On assessed value
Assessed land
$41,983
Assessed improvement
$347,131
Land market value
$125,950
Improvement market value
$1,041,395
Total market value
$1,167,345
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Sale
Heating
NONE
Total area
10,003 SF
Lot
0.78 ac (33,803 SF)
APN
910008788
UPID
US61-1628795
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
INDUSTRIAL (GENERAL) Current
Est. value
$950,000
RESTAURANT
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.0M
OFFICE BUILDING
Est. value
$900,000
AUTO REPAIR, GARAGE
Est. value
$825,000
INDUSTRIAL (GENERAL) Current
RESTAURANT
MEDICAL BUILDING
OFFICE 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
0.78 ac
Current owner
From public records · entity-resolved
Mallard Way Properties LLC
Entity
Mailing address
7510 MALLARD WAY, SANTA FE, NM 87507-9239
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
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
Aug 30, 2019
—
Mallard Way Properties LLC
Im Obliged LLC
Warranty Deed
$750,000 · Mallard Investors LLC
Oct 5, 2018
—
I M Obliged LLC
—
Deed
related
$620,000 · Santa Fe Equities LLC
Aug 15, 2018
—
Im Obliged LLC
Napalm LLC
Grant Deed
$1,240,000 · Motola Alexander & K Tr (rt)
Jul 23, 2018
—
Napalm LLC
Southwestern Title & Escrow In
Grant Deed
related
—
Aug 3, 2009
—
Jsw LLC
Wooley,thomas W
Warranty Deed
$637,500 · First Community Bank
Mar 20, 2008
—
Thomas W Woolley
Woolley,donna L
Quit Claim Deed
$878,500 · First Community Bank
—
—
Thomas W Wooley
—
Deed Of Trust
related
$10,000 · First Community Bank
—
—
Jsw LLC
—
Deed Of Trust
related
$517,000 · Capital Certified Dev Corp
—
—
I M Obliged LLC
—
Deed Of Trust
related
$620,000 · Santa Fe Equities LLC
—
—
Im Obliged LLC
—
Deed Of Trust
related
$620,000 · Motola A & K Trust (rt)
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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