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Property profile & analytics
OFF-MARKET
Medical Office Space
7520 Montgomery NE Blvd Albuquerque, NM 87109-1521
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US61-0141595
Property summary
AI-generated overview
This exceptional Albuquerque property offers newly remodeled executive suites perfect for a variety of creative businesses. Located at 7520 Montgomery Blvd NE, in Bernalillo County, New Mexico, zip code 87110, this retail and office space features multiple tenancies within an MX-L zoned area. Individual suites range from 60 to 100 square feet, providing flexible options for entrepreneurs and small businesses. The suites are designed to accommodate the needs of professionals in fields such as hair styling, barbering, makeup artistry, nail technology, and massage therapy. Each suite boasts modern amenities including high-speed internet access and ample lighting. A shared comfortable reception and client seating areas are also available. The property's prime location ensures excellent visibility and accessibility for clients. Flexible lease terms are available to suit both short-term and long-term needs, making this an ideal opportunity for those seeking a thriving and supportive business environment. This is a fantastic chance to establish or expand your business in a vibrant Albuquerque community.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1982
Total area
6,862 SF
Lot
0.49 ac (21,127 SF)
APN
1-019-060-268-485-2-11-29
UPID
US61-0141595
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
-
Quintana ACP Dental Dental Office
-
Desert Willow Dental Care Dental Office
-
Galbreth Dental Dental Office
-
Lewis Donald G DDS Dental Office
-
Oppel Family Dentistry 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
Galbreth Dental LLC · 2 yrs held
Galbreth Dental 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)
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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
$17,702
Tax year 2023
Assessed value
$224,634
Assessed 2023
Previous assessed
$204,213
+10.0% YoY
Effective rate
7.88%
On assessed value
Assessed land
$69,513
Assessed improvement
$155,121
Land market value
$208,560
Improvement market value
$465,410
Total market value
$673,970
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
1982
Heating
NONE
Units
1
Total area
6,862 SF
Lot
0.49 ac (21,127 SF)
APN
1-019-060-268-485-2-11-29
UPID
US61-0141595
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
1982
Heating
NONE
Units
1
Lot
0.49 ac
Current owner
From public records · entity-resolved
Galbreth Dental LLC
Entity
Mailing address
7520 MONTGOMERY BLVD NE, ALBUQUERQUE, NM 87109-1521
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
27 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2025
—
Setac LLC
—
Deed
related
$425,000 · Enterprise Bank & Trust
Jul 21, 2025
—
Galbreth Dental LLC
—
Deed
related
$254,102 · The Huntington National Bank
May 31, 2024
—
Galbreth Dental LLC
Rinconada Del Norte LLC
Special Warranty Deed
$248,900 · Bank Of America NA
Feb 28, 2024
—
Algermissen Fritz Partnership
—
Deed
related
$159,984 · Pnc Bank NA
Nov 22, 2021
—
Caf Holdings LLC
—
Deed
related
$1,625,000 · Newtek Small Business Finance LLC
Nov 30, 2020
—
Rinconada Del Norte LLC
A Burton Melton Dds Pa
Grant Deed
$125,667 · First Citizens Bk
Nov 13, 2020
—
7520 Montgomery D9 LLC
Anderson Franz Prop Mgmt LLC
Warranty Deed
related
—
Oct 8, 2020
—
Curtis G Lee
Lewis 2015 Living Trust
Deed
related
—
Mar 19, 2020
—
Oppel Brown Investments LLC
Callanan LLC
Warranty Deed
$450,500 · First Citizens Bk & Tr Co
Feb 7, 2020
—
Curtis G Lee
Lewis 2015 Living Trust
Warranty Deed
—
Oct 10, 2019
—
Amanda Harper
Willis W F & A L Trust
Warranty Deed
related
—
Jul 12, 2019
—
Caf Holdings LLC
—
Deed
related
$1,072,000 · Sunflower Bank NA
May 7, 2019
—
S David
Babington,s David & Linda
Quitclaim Deed
related
—
Oct 12, 2018
—
Jm Realty LLC
Michael A Pendleton Dc Ccsp PC
Quitclaim Deed
related
$329,700 · Us Bk
Sep 26, 2018
—
Jm Realty LLC
Think Back INC
Quitclaim Deed
related
—
Aug 15, 2018
—
Caf Holdings LLC
—
Deed
related
$1,256,300 · Seacoast Cmrc Bk
Aug 1, 2018
—
Caf Holdings LLC
—
Trustees Deed
related
$1,256,300 · Seacoast Cmrc Bk
Mar 1, 2018
—
Root Canal Specialist LLC
Advanced Endodontics Prop LLC
Grant Deed
$200,000 · Bank Of America California NA
Jun 8, 2017
—
Anderson Franz Prop Mgmt LLC
Anderson Mark R F & Kimse
Quitclaim Deed
related
—
Oct 31, 2016
—
Caf Holdings LLC
Saghapo LLC
Warranty Deed
—
Nov 1, 2011
—
Saghapo LLC
Jennie L Spradliln
Warranty Deed
$500,000 · First Citizens Bank & Trust Co
May 2, 2005
—
Calvin A Ridgeway
Hess Stanley & Martha Trust
Warranty Deed
$126,400 · First State Bank New Mexico
Feb 4, 2005
—
Jennie Spradlin
Spradlin,ron & Jennie
Quit Claim Deed
—
—
—
Advanced Endodontica Propertie
—
Deed Of Trust
related
$456,000 · Wells Fargo Bank
—
—
Scott Floersheim
—
Deed Of Trust
related
$106,400 · Wells Fargo Bank
—
—
Caf Holdings LLC
—
Deed Of Trust
related
$1,256,300 · Seacoast Cmrc Bk
—
—
Saghapo LLC
—
Deed Of Trust
related
$412,000 · Enchantment Land Certified Dev
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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