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Property profile & analytics
FOR LEASE
Community centers
800 Juan Tabo Blvd NE Albuquerque, NM 87123
Entity Owned
2-yr Hold
Free & Clear
Property ID
US61-0228633
For Lease
$550,000
800 Juan Tabo Blvd NE, Albuquerque, NM 87123
View Listing →
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1972
Total area
12,820 SF
Lot
5.17 ac (225,205 SF)
APN
1-022-057-037-493-2-04-12
UPID
US61-0228633
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
-
DR. DENTAL Dental Office
-
Subway Take-out & Catering
-
Quik Check Emissions Test Albuquerque Sustainability Organization
-
Budget Truck Rental Car Rental Facility
-
Adorabella Beauty Academy Vocational School Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$575k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$526k
Blend (final)
Blend
$550k
Owner & transaction history
Ap Growth Properties LP · 2 yrs held
Ap Growth Properties LP
since 2024
4 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
Method
Estimation
Statistic approach
by Request
ML approach
$575,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$380,000
Current use
Blend value · Realmo final
$550k
Range $495k – $605k · ±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
$43 / 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
$58,872
Tax year 2023
Assessed value
$1,227,108
Assessed 2023
Previous assessed
$1,125,788
+9.0% YoY
Effective rate
4.80%
On assessed value
Assessed land
$564,055
Assessed improvement
$663,053
Land market value
$1,692,334
Improvement market value
$1,989,359
Total market value
$3,681,693
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
Community centers
Use group
MINI-MALL
Status
For Lease
Year built
1972
Heating
NONE
Units
1
Total area
12,820 SF
Lot
5.17 ac (225,205 SF)
APN
1-022-057-037-493-2-04-12
UPID
US61-0228633
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$380,000
NEIGHBORHOOD: SHOPPING CENTER Current
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
1972
Heating
NONE
Units
1
Lot
5.17 ac
Current owner
From public records · entity-resolved
Ap Growth Properties LP
Entity
Free & Clear · 2 yrs held
Mailing address
2710 E CAMELBACK RD STE #210, PHOENIX, AZ 85016-4318
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 7, 2024
—
Ap Growth Properties LP
Manzano Center Spe LLC
Special Warranty Deed
—
Jun 24, 2021
—
Manzano Center Spe LLC
Craig Eisenberg
Special Warranty Deed
$3,740,000 · Crossfirst Bank
Feb 1, 2007
—
Cholla 6 Lc
Steve Johnson
Warranty Deed
$5,000,000 · First National Bank Of Arizona
Dec 27, 2006
—
Eisenberg-manzano Group
Manzano Shopping Center Ptrs
Quit Claim Deed
related
—
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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