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Property profile & analytics
OFF-MARKET
Estimated value
$1,265,000
Outlet malls
7615 Isleta SW Blvd Albuquerque, NM 87105-7129
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US61-0185719
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2011
Total area
9,230 SF
Lot
0.93 ac (40,511 SF)
APN
1-011-048-463-343-1-05-11
UPID
US61-0185719
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
-
Dollar General Discount Store
-
Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.37M
Comparable Approach
Comparable
$1.17M
Blend (final)
Blend
$1.27M
Owner & transaction history
Kent Austin · 4 yrs held
Kent Austin
since 2022
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$1.4M
+28.4%
Commercial (general)
$1.4M
+28.0%
Restaurant
$1.3M
+20.0%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,480,000
6.5%
$1,365,000
7%
$1,265,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,110,000
Current use
APARTMENT HOUSE (5+ UNITS)
$1,425,000
Change: +28% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,420,000
Change: +28% · Conversion: Easy
RESTAURANT
$1,335,000
Change: +20% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,140,000
Change: +3% · Conversion: Difficult
OFFICE BUILDING
$1,025,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$1.27M
Range $1.14M – $1.39M · ±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
$137 / 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
$9,577
Tax year 2023
Assessed value
$218,705
Assessed 2023
Previous assessed
$201,713
+8.4% YoY
Effective rate
4.38%
On assessed value
Assessed land
$52,969
Assessed improvement
$165,736
Land market value
$158,922
Improvement market value
$497,258
Total market value
$656,180
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
2011
Heating
NONE
Total area
9,230 SF
Lot
0.93 ac (40,511 SF)
APN
1-011-048-463-343-1-05-11
UPID
US61-0185719
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
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.4M
RESTAURANT
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.0M
RETAIL STORES Current
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
Year built
2011
Heating
NONE
Lot
0.93 ac
Current owner
From public records · entity-resolved
Kent Austin
Individual
Mailing address
1855 LOCHMORE DR, LONGMONT, CO 80504-2364
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
May 1, 2026
—
Austin Kent
—
Deed
related
$1,071,000 · First Oklahoma Bank
Mar 22, 2022
—
Kent Austin
Gs4th LLC
Special Warranty Deed
$993,750 · First Oklahoma Bank
May 6, 2020
—
Gs4th LLC
Stewart Living Trust
Warranty Deed
$1,600,000 · Nusenda Fed'l Credit
May 20, 2016
—
Gs4th LLC
Currier Living Trust
Warranty Deed
—
Oct 19, 2012
—
Currier Living Trust
Shag Of Mississippi INC
Grant Deed
$50,000 · Shag Of Mississippi INC
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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