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Property profile & analytics
OFF-MARKET
Office Spaces
1120 38th Ave Ste 1, Greeley, CO 80634-2579
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US13-0089654
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2002
Total area
2,154 SF
Lot
0.09 ac (3,920 SF)
APN
R2423903
UPID
US13-0089654
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
-
Aspen Summit Wellness and Counseling Crisis Center Medical Clinic
-
Josh Benedict - Allstate Agent Insurance Agency
-
Sue Helfrich: Allstate Insurance Insurance Agency
-
Legacy Financial Services Bank Credit Union
-
Roney Law Firm Law Firm
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
3038 46th Ave LLC · 5 yrs held
3038 46th Ave LLC
since 2020
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 Greeley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greeley 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
$9,043
Tax year 2023
Assessed value
$120,190
Assessed 2023
Previous assessed
$120,190
+0.0% YoY
Effective rate
7.52%
On assessed value
Assessed improvement
$120,190
Improvement market value
$430,800
Total market value
$430,800
Applied tax rate
600.0000
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 Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
2002
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
2
Total area
2,154 SF
Lot
0.09 ac (3,920 SF)
APN
R2423903
UPID
US13-0089654
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
2002
Heating
YES
Cooling
Yes
Stories
1
Units
2
Lot
0.09 ac
Current owner
From public records · entity-resolved
3038 46th Ave LLC
Entity
Mailing address
1120 38TH AVE STE #1, GREELEY, CO 80634-2579
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 24, 2021
—
P & K Rental LLC
—
Deed
related
$62,000 · Great Western Bank
Dec 3, 2020
—
3038 46th Ave LLC
Silver Blade LLC
Quit Claim Deed
related
—
Mar 25, 2020
—
P & K Rental LLC
—
Deed
related
—
May 8, 2018
—
P & K Rental LLC
—
Deed
related
$150,000 · Guaranty Bk
Nov 15, 2017
—
P& K Rental LLC
—
Deed
related
$110,000 · Guaranty Bank & Trust Co
Oct 25, 2017
—
P & Ka Rental LLC
—
Deed
related
$66,000 · Guaranty Bank & Trust Co
Aug 12, 2016
—
P & K Rental LLC
Advantage Invest LLC
Quit Claim Deed
related
—
Oct 5, 2015
—
P & K Rental LLC
Advantage Invest LLC
Quit Claim Deed
related
—
Feb 20, 2015
$315,000
Advantage Invest LLC
Langley Beach LLC
Warranty Deed
$260,000 · Guaranty Bk
Jun 2, 2004
—
Lancashire Investment LLC
—
Trustees Deed
related
$304,000 · Wells Fargo Bank
—
—
P & K Rental LLC
—
Loan Modification
related
—
—
—
P & K Rental LLC
—
Loan Modification
related
$150,000 · Guaranty Bk
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.
Try Rey
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