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Property profile & analytics
FOR SALE
Strip malls
933 Sunset Rd SW Albuquerque, NM 87105
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US61-0139432
For Sale
$735,000
933 Sunset Rd SW, Albuquerque, NM 87105
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1955
Total area
32,561 SF
Lot
4.15 ac (180,774 SF)
APN
1-012-056-522-341-1-06-10
UPID
US61-0139432
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
-
Empire Event Center ABQ Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$750k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$721k
Blend (final)
Blend
$735k
Owner & transaction history
Five Points Number 2 LLC · 13 yrs held
Five Points Number 2 LLC
since 2013
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
$750,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$965,000
Current use
Blend value · Realmo final
$735k
Range $662k – $809k · ±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
$23 / 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
$9,524
Tax year 2023
Assessed value
$217,506
Assessed 2023
Previous assessed
$199,547
+9.0% YoY
Effective rate
4.38%
On assessed value
Assessed land
$188,878
Assessed improvement
$28,628
Land market value
$566,691
Improvement market value
$85,892
Total market value
$652,583
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Sale
Year built
1955
Heating
NONE
Total area
32,561 SF
Lot
4.15 ac (180,774 SF)
APN
1-012-056-522-341-1-06-10
UPID
US61-0139432
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
$965,000
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
1955
Heating
NONE
Lot
4.15 ac
Current owner
From public records · entity-resolved
Five Points Number 2 LLC
Entity
Mailing address
7001 MENAUL BLVD NE, ALBUQUERQUE, NM 87110-3695
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2019
—
Five Points Number 2 LLC
—
Grant Deed
related
$5,200,000 · Sandia Area FCU
Apr 2, 2018
—
Five Points Nunber 2 LLC Family Trust
—
Deed
related
$8,067 · Easley Family Trust (pt)
May 20, 2013
—
Five Points Number 2 LLC
Sunset Five Points Investments LLC
Warranty Deed
$2,401,833 · Southwest Capital Bank
Jun 6, 2008
—
Sunset Of Five Points Invs LLC
Scm Property Co LLC
Warranty Deed
$2,400,000 · Compass Bank
Oct 20, 2004
—
Scm Property Co LLC
Terrace Gardens Ltd
Warranty Deed
$1,950,000 · First State Bank New Mexico
May 20, 2004
—
George F Adams
Terrace Gardens Ltd
Quit Claim Deed
related
—
—
—
Five Points Number 2 LLC
—
Deed Of Trust
related
—
—
—
Five Points Nunber 2 LLC Family Trust
—
Loan Modification
related
$8,067 · Easley Family Trust (pt)
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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