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    Property profile & analytics

    813 E Pine St Deming, NM 88030

    • Commercial real estate
    • 4,010 SF
    For Sale
    View listing
    $749,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US61-1529152
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • IHOP / Breakfast Restaurant / American Restaurant
    • TenderFix by Noah Schnapp / Chicken Restaurant / Fast Food Restaurant

    Property Details for 813 E Pine St

    Year built
    2013
    Property size
    4,010 SF
    Property type
    Commercial real estate
    APN
    3051137483492

    Description

    This exceptional investment opportunity features a 4,010-square-foot IHOP restaurant in Deming, New Mexico. Located at 813 E Pine St, this single-tenant, net-lease property sits on approximately 42,372 square feet of fee-simple land and boasts a strong 8.81% cap rate with a current NOI of $66,000. The building, constructed in 2013, enjoys 100% occupancy with a credit-rated tenant under a lease with 14 years remaining, plus two five-year options. The property benefits from its prime location in a busy shopping plaza directly off Interstate 10 and Highway 180, two major New Mexico thoroughfares, experiencing high traffic volume (approximately 16,764 vehicles per day on I-10). This strategic location is further enhanced by its proximity to numerous national retailers, including T-Mobile, AutoZone, Wendy's, Walmart, Subway, Dollar Tree, KFC, Verizon, O'Reilly Auto Parts, Tractor Supply, and Burger King. The asking price is $749,000, translating to $186.78 per square foot. This presents a stable, high-return investment opportunity anchored by a well-known national brand. The property's APN is 3051137483492. This is a rare chance to acquire a proven, income-generating asset in a desirable location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Deming
    County
    Luna
    State
    New Mexico
    Longitude
    -107.7497651
    Latitude
    32.2697644

    Comparable in this City

    • $749,000
      4,010 SF

      Restaurant Property For Sale

      Restaurant property operated as an IHOP available for purchase.
      813 E Pine St, Deming, NM 88030
      View Details
    • $2,499,000
      60.00 Acres

      Deming, NM Industrial Compound

      60-Acre Industrial Facility, Multi-Use Potential
      3405 Stirrup Rd, Deming, NM 88030
      View Details
    • Contact for pricing
      1.13 Acres

      Deming, NM Land: 1.13 Acres

      1.13-acre lot, secluded country setting, seller financing.
      4 Lot 13 Rd, Deming, NM 88030
      View Details
    • Contact for pricing
      2.01 Acres

      Deming, NM Land: 2.01 Acres

      Secluded 2.01-acre lot with mountain views.
      2 Lot 6 Rd, Deming, NM 88030
      View Details
    • $100,000
      10.26 Acres

      Deming, NM Land - 10 Acres

      Prime 10-acre lot near major highways.
      000 Hwy 418 Hwy, Deming, NM 88030
      View Details
    • Contact for pricing
      5.00 Acres

      5-Acre Deming Land Parcel

      Build Your Dream in Luna County
      0 Flying Diamond Rd, Deming, NM 88030
      View Details

    Similar Nearby for Sale

    • $749,000
      4,010 SF

      Restaurant Property For Sale

      Restaurant property operated as an IHOP available for purchase.
      813 E Pine St, Deming, NM 88030
      View Details
    • $2,499,000
      60.00 Acres

      Deming, NM Industrial Compound

      60-Acre Industrial Facility, Multi-Use Potential
      3405 Stirrup Rd, Deming, NM 88030
      View Details
    • Contact for pricing
      1.13 Acres

      Deming, NM Land: 1.13 Acres

      1.13-acre lot, secluded country setting, seller financing.
      4 Lot 13 Rd, Deming, NM 88030
      View Details
    • Contact for pricing
      2.01 Acres

      Deming, NM Land: 2.01 Acres

      Secluded 2.01-acre lot with mountain views.
      2 Lot 6 Rd, Deming, NM 88030
      View Details
    • $100,000
      10.26 Acres

      Deming, NM Land - 10 Acres

      Prime 10-acre lot near major highways.
      000 Hwy 418 Hwy, Deming, NM 88030
      View Details
    • Contact for pricing
      5.00 Acres

      5-Acre Deming Land Parcel

      Build Your Dream in Luna County
      0 Flying Diamond Rd, Deming, NM 88030
      View Details
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    Deming, NM 88030
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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