Back to Search
Property profile & analytics
FOR SALE
Commercial real estate
103 1St St Parachute, CO 81635
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US13-0397480
For Sale
1 / 23
$325,000
103 1St St, Parachute, CO 81635
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1906
Construction
METAL FRAME
Total area
1,245 SF
Lot
0.14 ac (6,250 SF)
APN
240912402004
UPID
US13-0397480
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
-
RE/MAX Elite Properties Real Estate Agency
-
Motto Mortgage Optimum NMLS# 2260243 Loan Service Bank
-
Amy Perrin Motto Mortgage Optimum Loan Service Bank
-
Motto Mortgage Optimum Loan Service Bank
-
Cynthea Hurst Motto Mortgage Optimum Loan Service Bank
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
Perrin 401k Amy L · 6 yrs held
Perrin 401k Amy L
since 2019
2 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 Parachute submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Parachute 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
$1,093
Tax year 2023
Assessed value
$17,930
Assessed 2023
Previous assessed
$24,500
-26.8% YoY
Effective rate
6.10%
On assessed value
Assessed land
$8,020
Assessed improvement
$9,910
Land market value
$28,750
Improvement market value
$35,530
Total market value
$64,280
Applied tax rate
48.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1906
Construction
METAL FRAME
Heating
FORCED AIR
Cooling
EVAPORATIVE
Stories
1
Units
1
Rooms
4
Bathrooms
2
Total area
1,245 SF
Lot
0.14 ac (6,250 SF)
APN
240912402004
UPID
US13-0397480
Jurisdiction
GARFIELD
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1906
Construction
METAL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
4
Bathrooms
2
Lot
0.14 ac
Current owner
From public records · entity-resolved
Perrin 401k Amy L
Individual
Mailing address
8 MDW CRK DR, PARACHUTE, CO 81635-8915
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 2019
$180,000
Perrin 401k Amy L
James L Lawrence
Warranty Deed
$150,000 · James L & Bonnie L Lawrence
Feb 4, 2013
$100,000
James L Lawrence
Roach,paul G & Linda
Warranty 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.
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.
