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Property profile & analytics
OFF-MARKET
Office buildings
950 Anthony Dr Anthony, NM 88021-9177
Entity Owned
4-yr Hold
Free & Clear
Property ID
US61-0221251
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1982
Total area
2,688 SF
Lot
1 ac (43,560 SF)
Zoning code
NEIGH-COMM
APN
4-017-155-322-476
UPID
US61-0221251
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
-
Arc of New Mexico Social Service Agency
-
Cravens Real Estate Real Estate Agency
-
Velia’s Hair Salon Hair Salon Nail Salon
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
Torres Properties LLC · 4 yrs held
Torres Properties LLC
since 2022
4 recorded transactions
Zoning & alternative use
NEIGH-COMM · Anthony, NM
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 Anthony submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Anthony 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
$2,547
Tax year 2023
Assessed value
$63,388
Assessed 2023
Previous assessed
$55,300
+14.6% YoY
Effective rate
4.02%
On assessed value
Assessed land
$10,333
Assessed improvement
$53,055
Land market value
$31,000
Improvement market value
$159,166
Total market value
$190,166
Applied tax rate
18.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1982
Heating
NONE
Total area
2,688 SF
Lot
1 ac (43,560 SF)
Zoning code
NEIGH-COMM
APN
4-017-155-322-476
UPID
US61-0221251
Jurisdiction
DONA ANA
Zoning & alternative use
NEIGH-COMM · Anthony, NMZoning NEIGH-COMM · permitted uses
NEIGH-COMM · Anthony, NM
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
§ 150.158 HOME OCCUPATIONS.
Building & site characteristics
From public records
Year built
1982
Heating
NONE
Lot
1 ac
Current owner
From public records · entity-resolved
Torres Properties LLC
Entity
Free & Clear · 4 yrs held
Mailing address
2249 SANTA ANA, LAS CRUCES, NM 88011-9082
Ownership since
2022
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 21, 2022
—
Torres Properties LLC
James R Cravens III
Warranty Deed
—
Dec 1, 2020
—
James R Cravens III
Torres Properties LLC
Grant Deed
related
—
Aug 15, 2006
—
James R Cravens III
Rogers Galen E Family Trust
Grant Deed
related
—
Jan 13, 2005
—
Rogers Galen E Tr
Rogers Galen E
Quit Claim Deed
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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