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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Automotive properties
7800 Lomas NE Blvd Albuquerque, NM 87110-7416
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US61-0281167
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1966
Total area
5,806 SF
Lot
1.21 ac (52,533 SF)
APN
1-019-057-247-517-2-29-10
UPID
US61-0281167
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
-
Nice Cars LLC Car Dealership
-
Right Way Sales and Service Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$335k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$710k
Blend (final)
Blend
$525k
Owner & transaction history
Brianlisa LLC · 6 yrs held
Brianlisa LLC
since 2020
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$755,000
+46.8%
Restaurant
$550,000
+6.9%
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
$335,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$515,000
Current use
COMMERCIAL (GENERAL)
$755,000
Change: +47% · Conversion: Moderate
RESTAURANT
$550,000
Change: +7% · Conversion: Difficult
RETAIL STORES
$440,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$525k
Range $473k – $578k · ±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
$90 / 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
$11,709
Tax year 2023
Assessed value
$244,063
Assessed 2023
Previous assessed
$223,911
+9.0% YoY
Effective rate
4.80%
On assessed value
Assessed land
$119,416
Assessed improvement
$124,647
Land market value
$358,283
Improvement market value
$373,979
Total market value
$732,262
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1966
Heating
NONE
Total area
5,806 SF
Lot
1.21 ac (52,533 SF)
APN
1-019-057-247-517-2-29-10
UPID
US61-0281167
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
AUTO REPAIR, GARAGE Current
Est. value
$515,000
COMMERCIAL (GENERAL)
Est. value
$755,000
RESTAURANT
Est. value
$550,000
RETAIL STORES
Est. value
$440,000
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
RESTAURANT
RETAIL STORES
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
1966
Heating
NONE
Lot
1.21 ac
Current owner
From public records · entity-resolved
Brianlisa LLC
Entity
Mailing address
2470 HWY 20, LAWTON, IA 51030-8134
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 8, 2020
—
Brianlisa LLC
Midwest Real Estate Management Ltd
Special Warranty Deed
$1,629,000 · Midstates Bank NA
Oct 13, 2015
—
Midwest Real Estate Mgmt Ltd
—
Trustees Deed
related
$100,000 · New Mexico Bk
May 22, 2012
—
Midwest R/e Mgmt Ltd LLC
7800 Lomas LLC
Warranty Deed
$1,076,250 · New Mexico Bank & Trust
Dec 7, 2009
—
7800 Lomas LLC
Voight,danny P & Joann E
Warranty Deed
related
—
Apr 23, 2008
—
Danny P Voight
Chalmers,donald L & Dianne M
Quit Claim Deed
related
$900,000 · Bank Of The West
Jul 1, 2003
—
Danny P Voight
D W B H INC
Grant Deed
$860,000 · First State Bank New Mexico
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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