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Property profile & analytics
OFF-MARKET
Office buildings
1097 County Rd 116 Glenwood Springs, CO 81601-9574
Entity Owned
8-yr Hold
Property ID
US13-0090069
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2017
Construction
METAL FRAME
Total area
220 SF
Lot
8.49 ac (369,912 SF)
APN
218527100008
UPID
US13-0090069
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
City Of Glenwood Springs · 8 yrs held
City Of Glenwood Springs
since 2017
7 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 Glenwood Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Glenwood Springs 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
$144,436
Tax year 2023
Assessed value
$1,970,590
Assessed 2023
Previous assessed
$2,072,730
-4.9% YoY
Effective rate
7.33%
On assessed value
Assessed land
$273,500
Assessed improvement
$1,697,090
Land market value
$980,270
Improvement market value
$6,082,770
Total market value
$7,063,040
Applied tax rate
131.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2017
Construction
METAL FRAME
Heating
YES
Cooling
NONE
Buildings
8
Stories
1
Units
1
Rooms
1
Bathrooms
3
Total area
220 SF
Lot
8.49 ac (369,912 SF)
APN
218527100008
UPID
US13-0090069
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
2017
Construction
METAL FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
8
Units
1
Rooms
1
Bathrooms
3
Lot
8.49 ac
Current owner
From public records · entity-resolved
City Of Glenwood Springs
Entity
Mailing address
6874 HWY 82, GLENWOOD SPRINGS, CO 81601-8612
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 14, 2026
—
Airport Mini Storage LLC
—
Deed
related
$5,100,000 · First Bank
Dec 7, 2020
—
Airport Mini Storage LLC
—
Deed
related
$4,004,400 · First Bk Mtg
Sep 26, 2019
—
Airport Mini Storage LLC
—
Deed
related
$2,957,500 · Firstbank
Nov 21, 2017
—
City Of Glenwood Springs
Airport Mini Storage LLC
Quit Claim Deed
related
—
Dec 22, 2016
—
Airport Mini Storage LLC
Mental Floss LLC
Quit Claim Deed
related
$1,336,500 · Firstbank
Dec 18, 2015
$1,000,000
Mental Floss LLC
Clh Properties LLC
Warranty Deed
—
—
—
Clh Properties LLC
—
Loan Modification
related
—
—
—
Airport Mini Storage LLC
—
Deed Of Trust
related
$2,957,500 · Firstbank
—
—
Clh Properties LLC
—
Deed Of Trust
related
$1,596,000 · Alpine Bank
—
—
Airport Mini Storage LLC
—
Deed Of Trust
related
$4,004,400 · First Bk Mtg
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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