New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,575,000
Warehouses
1130 7th Ave Greeley, CO 80631-4122
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US13-0466786
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1986
Total area
5,868 SF
Lot
1.17 ac (50,965 SF)
APN
R3235486
UPID
US13-0466786
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
-
BETOS AUTO REPAIR LLC Auto Repair Shop
-
Chilo's Auto Repair Auto Repair Shop
-
Bēken Construction Company General Contractor
-
Weld County Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.69M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.19M
Blend (final)
Blend
$1.58M
Owner & transaction history
Jeff D Thomas · 5 yrs held
Jeff D Thomas
since 2020
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.1M
+151.6%
Restaurant
$1.1M
+33.5%
Office building
$1.1M
+28.1%
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
Method
Estimation
Statistic approach
$1,565,000
ML approach
$1,685,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,115,000
Change: +152% · Conversion: Easy
RESTAURANT
$1,120,000
Change: +33% · Conversion: Difficult
OFFICE BUILDING
$1,075,000
Change: +28% · Conversion: Difficult
MEDICAL BUILDING
$980,000
Change: +16% · Conversion: Difficult
Blend value · Realmo final
$1.58M
Range $1.42M – $1.73M · ±10% · vs last sale $1.53M (Nov 17 2020)
Last sale anchor
$1.53M
Nov 17 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
$268 / 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
$426,690
Assessed 2023
Previous assessed
$426,690
+0.0% YoY
Assessed land
$77,740
Assessed improvement
$348,950
Land market value
$278,642
Improvement market value
$1,250,716
Total market value
$1,529,358
Applied tax rate
2,689.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1986
Heating
NONE
Cooling
YES
Buildings
8
Stories
1
Total area
5,868 SF
Lot
1.17 ac (50,965 SF)
APN
R3235486
UPID
US13-0466786
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
AUTO REPAIR, GARAGE
Est. value
$2.1M
RESTAURANT
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$980,000
AUTO REPAIR, GARAGE
RESTAURANT
OFFICE BUILDING
MEDICAL 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
1986
Heating
NONE
Cooling
Yes
Stories
1
Buildings
8
Lot
1.17 ac
Current owner
From public records · entity-resolved
Jeff D Thomas
Individual
Mailing address
1130 7TH AVE, GREELEY, CO 80631-4122
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
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2020
$1,529,000
Jeff D Thomas
Highland Properties 1620 LLC
Special Warranty Deed
$920,000 · Bank Of Colorado
Aug 20, 2020
$1,529,000
Highland Properties 1620 LLC
Hayward Trust
Special Warranty Deed
$307,836 · Tjeff D Thomas Etal
Aug 30, 2019
—
Hayward Trust
—
Deed
related
$650,000 · Bank Of Co
Apr 18, 2019
—
Hayward Trust
—
Deed
related
$175,024 · Points W Cmnty Bk
Aug 15, 2018
—
Hayward Trust
—
Trustees Deed
related
$150,852 · Points W Cmnty Bk
Oct 18, 2017
—
Hayword Trust
—
Deed
related
$720,000 · Point West Cu
Jul 11, 2017
—
Hayward Trust
—
Deed
related
$131,197 · Points W Cmnty Bk
Sep 30, 2016
—
Hayward Trust
Casey Reeves
Quit Claim Deed
related
—
Aug 30, 2016
—
Hayward Living Trust
Reeves,casey
Quit Claim Deed
related
—
Jun 22, 2016
—
Casey Reeves
—
Deed
related
$192,175 · Points W Cmnty Bk
Jun 10, 2015
—
Casey Reeves
—
Trustees Deed
related
$350,000 · Points W Cmnty Bk
Dec 1, 2014
$190,000
Casey Reeves
Kamms Unlimited LLC
Grant Deed
$160,000 · Quinten D Reeves
Nov 10, 2005
$245,000
Kamms Unlimited LLC
Lanoga Corp
Warranty Deed
$208,300 · Jpmorgan Chase Bank NA
—
—
Hayward Trust
—
Loan Modification
related
$175,024 · Points W Cmnty Bk
—
—
Hayward Trust
—
Deed Of Trust
related
$650,000 · Bank Of Co
—
—
Casey Reeves
—
Loan Modification
related
$192,175 · Points W Cmnty Bk
—
—
Hayward Trust
—
Loan Modification
related
$131,197 · Points W Cmnty 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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1130 7th Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
