Back to Search
Property profile & analytics
FOR SALE
Drug stores
9500 Golf Crse NW Rd Albuquerque, NM 87114-4270
Entity Owned
5-yr Hold
Free & Clear
Property ID
US61-0191784
For Sale
1 / 5
Contact for pricing
9500 Golf Crse NW Rd, Albuquerque, NM 87114-4270
View Listing →
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
2000
Total area
15,034 SF
Lot
1.91 ac (82,982 SF)
APN
1-012-064-247-517-2-12-04
UPID
US61-0191784
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
-
FedEx OnSite Postal Service Courier Service
-
Walgreens Pharmacy Pharmacy
-
Walgreens Cosmetic Store
-
Walgreens Photo (Bike/Boat/Book/etc) Store
-
Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$495k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$725k
Blend (final)
Blend
$495k
Owner & transaction history
Jbl Wags Nm LLC · 5 yrs held
Jbl Wags Nm LLC
since 2020
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$865,000
+32.5%
Medical building
$800,000
+22.6%
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
$495,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$650,000
Current use
AUTO REPAIR, GARAGE
$865,000
Change: +32% · Conversion: Difficult
MEDICAL BUILDING
$800,000
Change: +23% · Conversion: Difficult
Blend value · Realmo final
$495k
Range $446k – $545k · ±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
$33 / 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
$23,668
Tax year 2023
Assessed value
$493,321
Assessed 2023
Previous assessed
$452,588
+9.0% YoY
Effective rate
4.80%
On assessed value
Assessed land
$264,371
Assessed improvement
$228,950
Land market value
$793,193
Improvement market value
$686,918
Total market value
$1,480,111
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
For Sale
Year built
2000
Heating
NONE
Total area
15,034 SF
Lot
1.91 ac (82,982 SF)
APN
1-012-064-247-517-2-12-04
UPID
US61-0191784
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
RETAIL STORES Current
Est. value
$650,000
AUTO REPAIR, GARAGE
Est. value
$865,000
MEDICAL BUILDING
Est. value
$800,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
2000
Heating
NONE
Lot
1.91 ac
Current owner
From public records · entity-resolved
Jbl Wags Nm LLC
Entity
Free & Clear · 5 yrs held
Mailing address
2028 HARRISON ST STE #202, HOLLYWOOD, FL 33020-7845
Ownership since
2020
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
Nov 5, 2020
—
Jbl Wags Nm LLC
9500 Tx LLC
Grant Deed
—
Sep 30, 2019
—
9500 Tx LLC
Cs Loan Pool I LLC
Grant Deed
related
—
Nov 3, 2016
—
Cs Loan Pool I LLC
Cornerstone I LLC
Trustees Deed
related
$21,000,000 · Starwood Mtg Cap
Aug 23, 2006
—
Cornerstone I LLC
Cornerstone Leased Drug Stores LLC
Quit Claim Deed
related
$51,140,000 · Bear Stearns Commercial Mortgage In
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
