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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Golf courses & driving ranges
1112 40th St Evans, CO 80620-2510
Entity Owned
13-yr Hold
Free & Clear
Property ID
US13-1226440
Property profile
Verified
Property type
Golf courses & driving ranges
Use group
GOLF COURSE
Year built
1998
Total area
31,858 SF
Lot
3.07 ac (133,773 SF)
APN
R7194398
UPID
US13-1226440
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
$510k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$786k
Blend (final)
Blend
$650k
Owner & transaction history
Ptshp Lllp Tebo · 13 yrs held
Ptshp Lllp Tebo
since 2012
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 Evans submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Evans 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
$510,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$650k
Range $585k – $715k · ±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
$20 / 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
Assessed value
$111,610
Assessed 2023
Previous assessed
$111,610
+0.0% YoY
Assessed land
$97,040
Assessed improvement
$14,570
Land market value
$347,809
Improvement market value
$52,191
Total market value
$400,000
Applied tax rate
5,962.0000
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
Golf courses & driving ranges
Use group
GOLF COURSE
Status
Off-Market
Year built
1998
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Units
18
Total area
31,858 SF
Lot
3.07 ac (133,773 SF)
APN
R7194398
UPID
US13-1226440
Jurisdiction
WELD
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
1998
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
18
Lot
3.07 ac
Current owner
From public records · entity-resolved
Ptshp Lllp Tebo
Entity
Free & Clear · 13 yrs held
Mailing address
PO BOX T T, BOULDER, CO 80306-1966
Ownership since
2012
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
Nov 16, 2012
—
Ptshp Lllp Tebo
Tebo,shari E
Quit Claim Deed
related
—
Nov 15, 2012
—
Shari E Tebo
Tebo,stephen D
Quit Claim Deed
related
—
Oct 19, 2005
$800,000
Stephen D Tebo
Centennial Bank Of The West
Grant Deed
—
Apr 14, 2005
—
Centennial Bank Of The West
Public Trustee Of Weld County
Trustees Deed
related
—
Jan 27, 2005
—
Centennial Bank Of The West
Gateway Park Operating LLC
Grant Deed
—
Jan 26, 2005
$900,840
Centennial Bank Of The West
Public Trustee Of Weld County
Trustees Deed
related
—
Dec 28, 2004
—
Centennial Bank Of The West
Gateway Park Operating LLC
Grant 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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