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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Drug stores
8011 Ventura NE St, Albuquerque, NM 87109-6429
Entity Owned
7-yr Hold
Free & Clear
Property ID
US61-0341649
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
2009
Total area
15,105 SF
Lot
1.61 ac (69,914 SF)
APN
1-020-063-241-505-2-05-97
UPID
US61-0341649
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
-
Walgreens Cosmetic Store
-
Walgreens Pharmacy Pharmacy
-
Western Union Bank Credit Union
-
COVID-19 Drive-Thru Testing at Walgreens Medical Laboratory
-
FedEx OnSite Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$510k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$887k
Blend (final)
Blend
$700k
Owner & transaction history
Vcube LLC · 7 yrs held
Vcube LLC
since 2019
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+42.8%
Restaurant
$1.1M
+35.1%
Office building
$1.0M
+27.7%
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
$510,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$785,000
Current use
COMMERCIAL (GENERAL)
$1,120,000
Change: +43% · Conversion: Easy
RESTAURANT
$1,060,000
Change: +35% · Conversion: Easy
OFFICE BUILDING
$1,005,000
Change: +28% · Conversion: Easy
AUTO REPAIR, GARAGE
$720,000
Change: -8% · Conversion: Difficult
WAREHOUSE, STORAGE
$670,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$700k
Range $630k – $770k · ±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
$46 / 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
$22,653
Tax year 2023
Assessed value
$472,177
Assessed 2023
Previous assessed
$433,956
+8.8% YoY
Effective rate
4.80%
On assessed value
Assessed land
$213,510
Assessed improvement
$258,667
Land market value
$640,593
Improvement market value
$776,080
Total market value
$1,416,673
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
2009
Heating
NONE
Units
1
Total area
15,105 SF
Lot
1.61 ac (69,914 SF)
APN
1-020-063-241-505-2-05-97
UPID
US61-0341649
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
$785,000
COMMERCIAL (GENERAL)
Est. value
$1.1M
RESTAURANT
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$720,000
WAREHOUSE, STORAGE
Est. value
$670,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
RESTAURANT
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
2009
Heating
NONE
Units
1
Lot
1.61 ac
Current owner
From public records · entity-resolved
Vcube LLC
Entity
Free & Clear · 7 yrs held
Mailing address
PO BOX 1159, DEERFIELD, IL 60015-6002
Ownership since
2019
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
Jan 16, 2019
—
Vcube LLC
Vagh F S & J F Trust
Grant Deed
related
—
Jan 15, 2019
—
Vagh,firoz S & Jabeen F Trust
Live Oak Investments I LLC
Warranty Deed
related
—
Oct 9, 2018
—
Vcube LLC
Paseo 2010 LLC
Grant Deed
related
—
Jan 31, 2011
—
Clark Deming Building Co LLC
Peterson Inv-ventura LLC
Grant Deed
$2,600,000 · Nationwide Life Insurance Co
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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