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Property profile & analytics
OFF-MARKET
Estimated value
$970,000
Office Spaces
1040 Chambers Ave 2 Eagle, CO 81631-6592
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US13-2734968
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2001
Total area
2,244 SF
Lot
0.13 ac (5,793 SF)
APN
1939 331 10 002
UPID
US13-2734968
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
-
Ceres Landcare Corporate Office
-
Rock Property Services Condominium Rental Agency Homeowners' Association
-
Esuc especial Omar Electrical Service Computer & Electronic Repair
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$970k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$618k
Blend (final)
Blend
$970k
Owner & transaction history
1040 Chambers LLC · 2 yrs held
1040 Chambers LLC
since 2024
Last sale
$970,000
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$995,000
+99.1%
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 Eagle submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Eagle 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
$970,000
ML approach
$970,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$995,000
Change: +99% · Conversion: Easy
Blend value · Realmo final
$970k
Range $873k – $1.07M · ±10% · vs last sale $970k (May 15 2024)
Last sale anchor
$970k
May 15 2024
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
$432 / 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
$6,819
Tax year 2023
Assessed value
$126,550
Assessed 2023
Previous assessed
$126,550
+0.0% YoY
Effective rate
5.39%
On assessed value
Assessed improvement
$126,550
Improvement market value
$453,600
Total market value
$453,600
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2001
Heating
FORCED AIR
Stories
2
Units
1
Bathrooms
1
Total area
2,244 SF
Lot
0.13 ac (5,793 SF)
APN
1939 331 10 002
UPID
US13-2734968
Jurisdiction
EAGLE
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
Est. value
$995,000
RETAIL STORES
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
2001
Heating
FORCED AIR
Stories
2
Units
1
Bathrooms
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
1040 Chambers LLC
Entity
Mailing address
641 JOSEPHINE ST, DENVER, CO 80206-3722
Ownership since
2024
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
May 15, 2024
$970,000
1040 Chambers LLC
1040 Chambers Avenue LLC
Special Warranty Deed
$640,000 · Ent Cu
Nov 17, 2021
—
1040 Chambers Avenue LLC
Weston Landscape & Design INC
Quit Claim Deed
related
—
Jan 5, 2007
$499,000
Land Designs Real Estate LLC
Cit Small Busn Lending Corp
Warranty Deed
$424,000 · American National Bank & Trust
Dec 20, 2006
—
Cit Small Busn Lending Corp
Krohlow,kenton M
Grant Deed
—
Aug 18, 2005
$237,500
Kenton M Krohlow
Eric L Jones
Warranty Deed
$155,000 · Wells Fargo Bank NA
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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