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Property profile & analytics
OFF-MARKET
Estimated value
$1,360,000
Drug stores
9601 Gibson SW Blvd, Albuquerque, NM 87121-8142
Entity Owned
5-yr Hold
Free & Clear
Property ID
US61-0251194
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
2010
Total area
16,736 SF
Lot
1.77 ac (77,101 SF)
APN
1-009-055-247-001-3-21-22
UPID
US61-0251194
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
-
Walgreens Pharmacy Pharmacy
-
Walgreens Photo (Bike/Boat/Book/etc) Store
-
Walgreens Cosmetic Store
-
LibertyX Bitcoin ATM Atm
-
FedEx OnSite Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.25M
Blend (final)
Blend
$1.36M
Owner & transaction history
Ns Retail Holdings LLC · 5 yrs held
Ns Retail Holdings LLC
since 2020
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$1.8M
+47.5%
Commercial (general)
$1.8M
+44.5%
Restaurant
$1.8M
+43.0%
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,220,000
Current use
APARTMENT HOUSE (5+ UNITS)
$1,805,000
Change: +47% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,765,000
Change: +44% · Conversion: Easy
RESTAURANT
$1,750,000
Change: +43% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,475,000
Change: +21% · Conversion: Difficult
OFFICE BUILDING
$1,425,000
Change: +16% · Conversion: Easy
WAREHOUSE, STORAGE
$1,385,000
Change: +13% · Conversion: Difficult
Blend value · Realmo final
$1.36M
Range $1.22M – $1.50M · ±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
$81 / 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
$19,315
Tax year 2023
Assessed value
$402,605
Assessed 2023
Previous assessed
$370,529
+8.7% YoY
Effective rate
4.80%
On assessed value
Assessed land
$102,413
Assessed improvement
$300,192
Land market value
$307,271
Improvement market value
$900,667
Total market value
$1,207,938
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
Off-Market
Year built
2010
Heating
NONE
Units
1
Total area
16,736 SF
Lot
1.77 ac (77,101 SF)
APN
1-009-055-247-001-3-21-22
UPID
US61-0251194
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
$1.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.8M
COMMERCIAL (GENERAL)
Est. value
$1.8M
RESTAURANT
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.4M
WAREHOUSE, STORAGE
Est. value
$1.4M
RETAIL STORES Current
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
WAREHOUSE, STORAGE
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
2010
Heating
NONE
Units
1
Lot
1.77 ac
Current owner
From public records · entity-resolved
Ns Retail Holdings LLC
Entity
Free & Clear · 5 yrs held
Mailing address
PO BOX 1159, DEERFIELD, IL 60015-6002
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 23, 2020
—
Ns Retail Holdings LLC
Everstar Income
Quit Claim Deed
related
—
Aug 27, 2018
—
Capview Income & Value Fund IV
Best 2 LLC
Trustees Deed
related
$267,595,320 · Bank Of America
Dec 26, 2014
—
Best 2 LLC
—
Loan Modification
related
$25,050,000 · Wells Fargo Bk
Apr 3, 2014
—
Best 2 LLC
Noble Net Lease Ltd
Special Warranty Deed
$15,616,550 · Wells Fargo Bank NA
Oct 25, 2010
—
Noble Free Standing Group
Bencor Of Gibsolpip
Grant Deed
—
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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