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Property profile & analytics
OFF-MARKET
Sports & entertainment properties
103 Main St Collbran, CO 81624
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US13-0931334
Property summary
AI-generated overview
This exceptional 2,430 square foot commercial building presents a unique investment opportunity in the charming mountain town of Collbran, Colorado. Situated on Main Street, it boasts high visibility and significant traffic flow, ensuring maximum exposure for any business. Currently configured as a fitness and tanning center, the property offers the flexibility to be easily divided into two separate units, expanding potential revenue streams. The building has recently been updated, minimizing immediate capital expenditure needs. The possibilities are diverse and abundant
Property profile
Verified
Property type
Sports & entertainment properties
Use group
STADIUM
Year built
1923
Construction
WOOD
Total area
2,654 SF
Lot
0.13 ac (5,750 SF)
Zoning code
2230
APN
2667-352-13-009
UPID
US13-0931334
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
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
Julius Ventures LLC · 17 yrs held
Julius Ventures LLC
since 2008
7 recorded transactions
Zoning & alternative use
2230 · Collbran, 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 Collbran submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Collbran 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
$1,279
Tax year 2023
Assessed value
$20,620
Assessed 2023
Previous assessed
$19,050
+8.2% YoY
Effective rate
6.20%
On assessed value
Assessed land
$4,010
Assessed improvement
$16,610
Land market value
$14,380
Improvement market value
$59,530
Total market value
$73,910
Applied tax rate
20,100.0000
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
Sports & entertainment properties
Use group
STADIUM
Status
Off-Market
Year built
1923
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Rooms
10
Bathrooms
1
Total area
2,654 SF
Lot
0.13 ac (5,750 SF)
Zoning code
2230
APN
2667-352-13-009
UPID
US13-0931334
Jurisdiction
MESA
Zoning & alternative use
2230 · Collbran, COZoning 2230 · permitted uses
2230 · Collbran, CO
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
1923
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
10
Bathrooms
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
Julius Ventures LLC
Entity
Mailing address
PO BOX 163, MESA, CO 81643-0163
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 13, 2010
—
Julius Ventures LLC
—
Trustees Deed
related
—
Jun 9, 2010
—
Julius Ventures LLC
—
Trustees Deed
related
—
Aug 22, 2008
$99,500
Julius Ventures LLC
Tl Ents LLC
Warranty Deed
$175,000 · Mountain Valley Bank
Jun 16, 2005
—
Tl Ents LLC
Martin,tammie
Warranty Deed
—
Jun 7, 2005
—
Tammie Martin
Rmec Properties LLC
Warranty Deed
—
Dec 22, 2004
$79,500
Rmec Properties LLC
Beidelman,sandra L
Warranty Deed
$43,595 · Grand Valley National Bank
Sep 12, 2000
$52,500
Sandra L Beidelman
Donna H Young Estate
Grant Deed
$37,500 · Individual
—
—
Julius Ventures LLC
—
Loan Modification
related
—
—
—
Julius Ventures LLC
—
Deed Of Trust
related
$175,000 · Mountain Valley Bank
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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