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Property profile & analytics
OFF-MARKET
Estimated value
$1,145,000
Assisted living facilities
8810 Horizon NE Blvd 1 Albuquerque, NM 87113-1690
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US61-0353541
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1996
Total area
68,712 SF
Lot
7.06 ac (307,621 SF)
APN
1-017-064-090-467-2-02-20
UPID
US61-0353541
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
-
The Village at Alameda Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$900k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.39M
Blend (final)
Blend
$1.15M
Owner & transaction history
Colonial Oaks At Albuquerque Prop C · 4 yrs held
Colonial Oaks At Albuquerque Prop C
since 2021
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
Method
Estimation
Statistic approach
by Request
ML approach
$900,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.15M
Range $1.03M – $1.26M · ±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
$17 / 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
$60,535
Tax year 2023
Assessed value
$1,416,589
Assessed 2023
Previous assessed
$1,375,329
+3.0% YoY
Effective rate
4.27%
On assessed value
Assessed land
$215,866
Assessed improvement
$1,200,723
Land market value
$647,664
Improvement market value
$3,602,528
Total market value
$4,250,192
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1996
Heating
NONE
Units
72
Total area
68,712 SF
Lot
7.06 ac (307,621 SF)
APN
1-017-064-090-467-2-02-20
UPID
US61-0353541
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
1996
Heating
NONE
Units
72
Lot
7.06 ac
Current owner
From public records · entity-resolved
Colonial Oaks At Albuquerque Prop C
Individual
Mailing address
2315 ROUTH ST, DALLAS, TX 75201-2025
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 1, 2021
—
Colonial Oaks At Albuquerque Prop C
Cam Alameda LLC
Special Warranty Deed
—
Jan 22, 2019
—
Cam-alameda LLC
—
Grant Deed
related
$670,000,000 · Column Fin'l INC
Dec 19, 2017
—
8801 Horizon Partners LLC
Us Bk NA 2006-pwr14
Grant Deed
$8,000,000 · Bank Of Albuquerque
Oct 18, 2016
—
Cam-alameda LLC
—
Deed
related
$710,000,000 · Deutsche Bank National Trust Co
Oct 17, 2016
—
Cam-alameda LLC
—
Deed
related
$1,420,000,000 · Deutsche Bk Ag/ny Branch
Jun 30, 2006
—
Cam-alameda LLC
—
Deed Of Trust
related
$120,000,000 · Column Financial INC
Feb 2, 2005
—
Cam-alameda LLC
—
Deed Of Trust
related
$820,000,000 · Column Financial INC
—
—
Cam-alameda LLC
—
Deed Of Trust
related
$60,000,000 · German Am Cap
—
—
Cam-alameda LLC
—
Deed Of Trust
related
$1,420,000,000 · Deutsche Bk Ag/ny Branch
—
—
Thi Of New Mexico/village/alameda
—
Deed Of Trust
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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