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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Day care centers
7940 Carmel NE Ave Albuquerque, NM 87122-2965
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US61-0145614
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
2006
Total area
9,592 SF
Lot
0.82 ac (35,719 SF)
APN
1-019-064-353-087-4-02-27
UPID
US61-0145614
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
-
Springstone Montessori School Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$590k
Owner & transaction history
Tridean Paradise LLC · 5 yrs held
Tridean Paradise LLC
since 2021
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$980,000
+55.0%
Auto repair, garage
$900,000
+42.8%
Retail stores
$805,000
+27.2%
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 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
$630,000
Current use
RESTAURANT
$980,000
Change: +55% · Conversion: Difficult
AUTO REPAIR, GARAGE
$900,000
Change: +43% · Conversion: Difficult
RETAIL STORES
$805,000
Change: +27% · Conversion: Difficult
OFFICE BUILDING
$730,000
Change: +15% · Conversion: Difficult
WAREHOUSE, STORAGE
$590,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$590k
Range $531k – $649k · ±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
$62 / 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
$14,585
Tax year 2023
Assessed value
$304,007
Assessed 2023
Previous assessed
$278,905
+9.0% YoY
Effective rate
4.80%
On assessed value
Assessed land
$133,366
Assessed improvement
$170,641
Land market value
$400,139
Improvement market value
$511,973
Total market value
$912,112
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
2006
Heating
NONE
Units
1
Total area
9,592 SF
Lot
0.82 ac (35,719 SF)
APN
1-019-064-353-087-4-02-27
UPID
US61-0145614
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
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
Est. value
$630,000
RESTAURANT
Est. value
$980,000
AUTO REPAIR, GARAGE
Est. value
$900,000
RETAIL STORES
Est. value
$805,000
OFFICE BUILDING
Est. value
$730,000
WAREHOUSE, STORAGE
Est. value
$590,000
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
WAREHOUSE, STORAGE
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
2006
Heating
NONE
Units
1
Lot
0.82 ac
Current owner
From public records · entity-resolved
Tridean Paradise LLC
Entity
Mailing address
10799 W TWAIN AVE, LAS VEGAS, NV 89135-3043
Ownership since
2021
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 7, 2021
—
Tridean Paradise LLC
Patrick Abbott Dean
Quit Claim Deed
related
—
Feb 7, 2017
—
Abbott Family & Living Trust
Abbott,dean P & Tricia L
Quit Claim Deed
related
—
Nov 4, 2004
—
Dean P Abbott
Stephens Property Co LLC
Grant Deed
$228,000 · Us New Mexico FCU
Apr 15, 2004
—
Stephens Property Co LLC
Nuseibeh,bahia B
Warranty Deed
related
—
—
—
Dean P Abbott
—
Deed Of Trust
related
$260,000 · Bankfirst
—
—
Dean P Abbott
—
Deed Of Trust
related
$1,200,000 · Bankfirst
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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