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Property profile & analytics
OFF-MARKET
Flex space
7910 Las Lomitas NE Albuquerque, NM 87113
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US61-0053738
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
2020
Total area
10,379 SF
Lot
1 ac (43,560 SF)
APN
1-016-063-332-414-1-07-02
UPID
US61-0053738
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
Witherspoon LLC · 6 yrs held
Witherspoon LLC
since 2020
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)
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
$13,344
Tax year 2023
Assessed value
$278,136
Assessed 2023
Previous assessed
$278,136
+0.0% YoY
Effective rate
4.80%
On assessed value
Assessed land
$68,045
Assessed improvement
$210,091
Land market value
$204,156
Improvement market value
$630,337
Total market value
$834,493
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
2020
Heating
NONE
Total area
10,379 SF
Lot
1 ac (43,560 SF)
APN
1-016-063-332-414-1-07-02
UPID
US61-0053738
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
2020
Heating
NONE
Lot
1 ac
Current owner
From public records · entity-resolved
Witherspoon LLC
Entity
Mailing address
5901 WYOMING BLVD NEJ271, ALBUQUERQUE, NM 87109-3838
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 13, 2020
—
Witherspoon LLC
—
Deed
related
$325,000 · Sandia Labs FCU
Jul 21, 2020
—
Witherspoon LLC
Las Lomitas Industial LLC
Warranty Deed
$325,000 · Sandia Laboratory FCU
Aug 21, 2019
—
Las Lomitas Industrial LLC
Peter Pineda
Warranty Deed
$851,250 · Sandia Laboratory FCU
Dec 3, 2018
—
Peter Pineda
Sealant Specialists INC
Warranty Deed
related
—
Jan 2, 2007
—
Sealant Specialists INC
Slatton,stephen J & Cynthia
Warranty Deed
$262,000 · Bank Of The West
—
—
Witherspoon LLC
—
Deed Of Trust
related
$325,000 · Sandia Labs FCU
—
—
Sealant Specialists INC
—
Deed Of Trust
related
$452,341 · Bank Of The West
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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