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Property profile & analytics
OFF-MARKET
Estimated value
$8,005,000
Commercial real estate
11292 Business Park Cir Firestone, CO 80504-9540
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US13-2528225
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2008
Total area
42,246 SF
Lot
1.83 ac (79,845 SF)
APN
R4697207
UPID
US13-2528225
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
$8.09M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.21M
Blend (final)
Blend
$8.01M
Owner & transaction history
Firestone Hospitality LLC · 6 yrs held
Firestone Hospitality LLC
since 2020
Last sale
$7.7M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$12.3M
+4.4%
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 Firestone submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Firestone 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
$8,335,000
ML approach
$8,085,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$11,800,000
Current use
OFFICE BUILDING
$12,325,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$8.01M
Range $7.20M – $8.81M · ±10% · vs last sale $7.70M (Mar 3 2020)
Last sale anchor
$7.70M
Mar 3 2020
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
$189 / 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
$168,168
Tax year 2023
Assessed value
$1,687,950
Assessed 2023
Previous assessed
$1,687,950
+0.0% YoY
Effective rate
9.96%
On assessed value
Assessed land
$222,760
Assessed improvement
$1,465,190
Land market value
$798,430
Improvement market value
$5,251,570
Total market value
$6,050,000
Applied tax rate
2,556.0000
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
2008
Heating
CENTRAL
Cooling
CENTRAL
Stories
3
Units
72
Rooms
72
Total area
42,246 SF
Lot
1.83 ac (79,845 SF)
APN
R4697207
UPID
US13-2528225
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
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$11.8M
OFFICE BUILDING
Est. value
$12.3M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2008
Heating
CENTRAL
Cooling
Yes
Stories
3
Units
72
Rooms
72
Lot
1.83 ac
Current owner
From public records · entity-resolved
Firestone Hospitality LLC
Entity
Mailing address
11292 BUSINESS PARK CIR, FIRESTONE, CO 80504-9540
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2020
$7,700,000
Firestone Hospitality LLC
M&h Development LLC
Warranty Deed
$5,775,000 · Valley Bank And Trust Co
Aug 31, 2015
—
M & H Development LLC
Chan Kim Ho
Quit Claim Deed
related
$4,680,000 · Rialto Mortgage Finance LLC
Jan 11, 2008
$2,479,913
Ho C Kim
Highland Properties 4307 LLC
Grant Deed
$4,496,000 · Uniti Bank
Jul 19, 2007
$302,120
Highland Properties 4307 LLC
Delcamino Junction LLC
Grant Deed
—
—
—
Ho C Kim
—
Deed Of Trust
related
$2,899,000 · Uniti Bank
—
—
Ho C Kim
—
Deed Of Trust
related
$1,739,000 · Uniti Bank
—
—
Ho C Kim
—
Deed Of Trust
related
$1,780,000 · Community Economic Dev Co Co
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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