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Property profile & analytics
OFF-MARKET
Estimated value
$630,000
Commercial real estate
111 Midland Ave Woodland Park, CO 80863-3211
Entity Owned
3-yr Hold
Free & Clear
Property ID
US13-1000248
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1978
Total area
3,936 SF
Lot
0.58 ac (25,265 SF)
Zoning code
WP
APN
6329.241480030
UPID
US13-1000248
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
-
Hungry Bear Restaurant
-
Books Above The Clouds (Bike/Boat/Book/etc) Store
-
Rocky 'n' Roll Music (Bike/Boat/Book/etc) Store
-
Your Neighborhood Realty Real Estate Agency
-
Homes + land in Florissant Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$855k
Comparable Approach
Comparable
$424k
Blend (final)
Blend
$630k
Owner & transaction history
Pike Poak View LLC · 3 yrs held
Pike Poak View LLC
since 2023
7 recorded transactions
Zoning & alternative use
WP · Woodland Park, 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 Woodland Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Woodland Park 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$925,000
6.5%
$855,000
7%
$795,000
Blend value · Realmo final
$630k
Range $567k – $693k · ±10%
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
$160 / 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
$8,241
Tax year 2023
Assessed value
$109,710
Assessed 2023
Previous assessed
$96,340
+13.9% YoY
Effective rate
7.51%
On assessed value
Assessed land
$29,960
Assessed improvement
$79,750
Land market value
$107,375
Improvement market value
$315,837
Total market value
$423,212
Applied tax rate
63.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1978
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Total area
3,936 SF
Lot
0.58 ac (25,265 SF)
Zoning code
WP
APN
6329.241480030
UPID
US13-1000248
Jurisdiction
TELLER
Zoning & alternative use
WP · Woodland Park, COZoning WP · permitted uses
WP · Woodland Park, 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
1978
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
2
Lot
0.58 ac
Current owner
From public records · entity-resolved
Pike Poak View LLC
Entity
Free & Clear · 3 yrs held
Mailing address
993 GAPTER RD, BOULDER, CO 80303-2922
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 17, 2023
—
Pike Poak View LLC
Matthew Peter Spraitz
Warranty Deed
—
Jan 13, 2023
$695,000
Matthew Peter Spraitz
Nathan E Geode
Warranty Deed
—
Jan 13, 2023
—
Michael Putnam
Mp LLC
Correction Deed
related
—
Jun 29, 2022
—
Michael Putnam
Mp LLC
Quit Claim Deed
related
—
May 2, 2022
—
Linda Raye Goode Parish
Linda Raye Goode Parish
Affidavit Of Death Of Joint Tenant
related
—
Feb 4, 2019
—
Goode Trust
Goode Family Trust
Quit Claim Deed
related
—
Jul 31, 2007
—
Mp LLC
Putnam,michael J
Quit Claim Deed
related
—
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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