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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Flex space
1020 Old 6th And 50 Mack, CO 81525-7003
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US13-0697664
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1981
Construction
STEEL FRAME
Total area
7,020 SF
Lot
0.5 ac (21,889 SF)
Zoning code
B-2
APN
2691-193-00-008
UPID
US13-0697664
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
-
Newbold's Motorbike Shop Auto Repair Shop Motorcycle Shop
-
Perfect Dryer Vent Cleaning Washer & Dryer Repair Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$490k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$546k
Blend (final)
Blend
$560k
Owner & transaction history
Travis Newbold · 4 yrs held
Travis Newbold
since 2022
Last sale
$575,000
5 recorded transactions
Zoning & alternative use
B-2 · Mack, CO
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 Mack submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mack 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
$550,000
ML approach
$490,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$800,000
Current use
Blend value · Realmo final
$560k
Range $504k – $616k · ±10% · vs last sale $575k (Jun 17 2022)
Last sale anchor
$575k
Jun 17 2022
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
$80 / 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
$8,738
Tax year 2023
Assessed value
$128,210
Assessed 2023
Previous assessed
$89,410
+43.4% YoY
Effective rate
6.82%
On assessed value
Assessed land
$25,290
Assessed improvement
$102,920
Land market value
$94,600
Improvement market value
$379,620
Total market value
$474,220
Applied tax rate
11,414.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1981
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
1
Units
1
Rooms
10
Bathrooms
1
Total area
7,020 SF
Lot
0.5 ac (21,889 SF)
Zoning code
B-2
APN
2691-193-00-008
UPID
US13-0697664
Jurisdiction
MESA
Zoning & alternative use
B-2 · Mack, COZoning B-2 · permitted uses
B-2 · Mack, CO
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
INDUSTRIAL (GENERAL) Current
Est. value
$800,000
INDUSTRIAL (GENERAL) 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
1981
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
1
Rooms
10
Bathrooms
1
Lot
0.5 ac
Current owner
From public records · entity-resolved
Travis Newbold
Individual
Mailing address
1020 OLD 6TH AND 50, MACK, CO 81525-7003
Mailing matches property
Yes
Owner-occupied
Yes
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 17, 2022
$575,000
Travis Newbold
Bdmog Properties LLC
Warranty Deed
$250,000 · Bdmog Properties LLC
Mar 3, 2021
$290,000
Bdmog Properties LLC
Jerry A Gaddy
Special Warranty Deed
—
Feb 19, 2004
$195,000
Jerry A Gaddy
Steele,larry L & Evelyn M
Grant Deed
$155,000 · Larry L & Evelyn M Steele
Nov 26, 2003
$172,600
Larry L Steele
Mack Mesa LLC
Grant Deed
—
May 19, 2003
$138,200
Mack Mesa LLC
Gibson,james D
Grant Deed
$65,533 · Disraeli Development INC
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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