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Property profile & analytics
OFF-MARKET
Government properties
90 Medlin Rnch Rd Lake Arthur, NM 88253
Entity Owned
6-yr Hold
Free & Clear
Property ID
US61-0458670
Property profile
Verified
Property type
Government properties
Use group
CENTRALLY ASSESSED
Year built
1970
Total area
11,426 SF
Lot
5732.08 ac (249,689,405 SF)
APN
4-180-087-170-381-000000
UPID
US61-0458670
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Medlin Ranches INC · 6 yrs held
Medlin Ranches INC
since 2019
5 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 Lake Arthur submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Arthur 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,222
Tax year 2023
Assessed value
$21,151
Assessed 2024
Previous assessed
$239,575
-91.2% YoY
Effective rate
5.78%
On assessed value
Assessed land
$6,016
Assessed improvement
$15,135
Land market value
$18,047
Improvement market value
$45,406
Total market value
$63,453
Applied tax rate
21.0000
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
Government properties
Use group
CENTRALLY ASSESSED
Status
Off-Market
Year built
1970
Heating
NONE
Buildings
4
Bathrooms
3
Total area
11,426 SF
Lot
5732.08 ac (249,689,405 SF)
APN
4-180-087-170-381-000000
UPID
US61-0458670
Jurisdiction
CHAVES
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
1970
Heating
NONE
Buildings
4
Bathrooms
3
Lot
5732.08 ac
Current owner
From public records · entity-resolved
Medlin Ranches INC
Entity
Free & Clear · 6 yrs held
Mailing address
PO BOX 50, MALJAMAR, NM 88264
Mailing matches property
Yes
Owner-occupied
Yes
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 18, 2019
—
Medlin Ranches INC
Medlin Buddy M Trust
Quit Claim Deed
related
—
Jul 29, 2016
—
Billy Medlin
Medlin,billy & Rhonda
Quit Claim Deed
related
—
Mar 29, 2016
—
Medlin Ranches INC
Medlin,billy R
Quit Claim Deed
related
—
Apr 12, 2013
—
Billy R Medlin
Medlin,billy R
Quit Claim Deed
related
$2,100,000 · Axa Equitable Life Ins Co
Apr 26, 2012
—
Billy R Medlin
Medlin,donna K
Affidavit Of Death
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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