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Property profile & analytics
OFF-MARKET
Estimated value
$1,030,000
Individual retail properties
1115 Rainbow Blvd Salida, CO 81201-2969
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US13-1296908
Property profile
Verified
Property type
Individual retail properties
Use group
BARBER, HAIR SALON
Year built
1998
Total area
1,200 SF
Lot
0.76 ac (33,106 SF)
APN
R380705400084
UPID
US13-1296908
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
-
Subway Take-out & Catering
-
Pro Styles Hair Salon Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.03M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.03M
Owner & transaction history
Charles B Roosevelt · 2 yrs held
Charles B Roosevelt
since 2024
Last sale
$1.0M
5 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 Salida submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salida 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
$1,030,000
ML approach
$1,030,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.03M
Range $927k – $1.13M · ±10% · vs last sale $1.03M (Apr 10 2024)
Last sale anchor
$1.03M
Apr 10 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
$858 / 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
$11,718
Tax year 2023
Assessed value
$268,910
Assessed 2023
Previous assessed
$268,910
+0.0% YoY
Effective rate
4.36%
On assessed value
Assessed land
$111,540
Assessed improvement
$157,370
Land market value
$399,799
Improvement market value
$594,059
Total market value
$993,858
Applied tax rate
7.0000
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
Individual retail properties
Use group
BARBER, HAIR SALON
Status
Off-Market
Year built
1998
Heating
FORCED AIR
Buildings
2
Stories
1
Units
2
Total area
1,200 SF
Lot
0.76 ac (33,106 SF)
APN
R380705400084
UPID
US13-1296908
Jurisdiction
CHAFFEE
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
FORCED AIR
Stories
1
Buildings
2
Units
2
Lot
0.76 ac
Current owner
From public records · entity-resolved
Charles B Roosevelt
Individual
Mailing address
5920 S GREENWOOD CIR, LITTLETON, CO 80120-2207
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
Apr 10, 2024
$1,032,000
Charles B Roosevelt
J & L Development LLC
Special Warranty Deed
$627,000 · J&l Development LLC
Apr 10, 2024
—
Bananabelt LLC
Charles B Roosevelt
Quit Claim Deed
related
—
Aug 29, 2019
—
J&l Development LLC
—
Deed
related
$351,068 · Bank Of The San Juans
Mar 9, 2016
$535,000
J & L Development LLC
Salida Partners LLC
Warranty Deed
$53,500 · Salida Partners LLC
Feb 1, 2006
$587,500
Salida Partners LLC
Tp Re INC
Warranty Deed
$441,000 · Bank Midwest 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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