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Property profile & analytics
OFF-MARKET
Strip malls
1115 Main St Sterling, CO 80751-2863
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US13-1143696
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1976
Construction
STEEL FRAME
Total area
42,776 SF
Lot
4.17 ac (181,558 SF)
APN
38052531106003
UPID
US13-1143696
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
-
Anytime Fitness Gym & Fitness Center
-
Elite Salon-Day Spa LLC Hair Salon
-
Rent-A-Center Furniture & Home Goods Home Decor Store
-
Hibbett Sports Clothing & Fashion Store (Bike/Boat/Book/etc) Store
-
Harbor Freight Tools Building Supply Hardware & Home Improvement
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
Fox Run Business Park LLC · 10 yrs held
Fox Run Business Park LLC
since 2016
6 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 Sterling submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sterling 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
$17,628
Tax year 2023
Assessed value
$278,340
Assessed 2023
Previous assessed
$1,145,540
-75.7% YoY
Effective rate
6.33%
On assessed value
Land market value
$190,621
Improvement market value
$807,030
Total market value
$997,651
Applied tax rate
117.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1976
Construction
STEEL FRAME
Heating
NONE
Stories
1
Units
4
Total area
42,776 SF
Lot
4.17 ac (181,558 SF)
APN
38052531106003
UPID
US13-1143696
Jurisdiction
LOGAN
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
1976
Construction
STEEL FRAME
Heating
NONE
Stories
1
Units
4
Lot
4.17 ac
Current owner
From public records · entity-resolved
Fox Run Business Park LLC
Entity
Mailing address
1115 W PO BOX 930TH ST, FORT COLLINS, CO 80522-0930
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 8, 2019
—
Fox Run Business Park LLC
—
Deed
related
$1,500,000 · Tbk Bank Ssb
Oct 1, 2019
—
Fox Run Business Park LLC
—
Deed
related
$1,500,000 · Tbk Bank Ssb
Apr 18, 2016
$2,490,000
Fox Run Business Park LLC
Shaysav LLC
Warranty Deed
$645,500 · Shaysav LLC
Jul 14, 2011
$2,180,000
Shaysav LLC
Applewood K-mart LLC
Warranty Deed
$1,133,000 · Colorado Community Bank
—
—
Shaysav LLC
—
Deed Of Trust
related
$1,385,000 · Colorado Community Bank
—
—
Applewood Kmart LLC
—
Deed Of Trust
related
$95,000 · Wells Fargo 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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