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Property profile & analytics
OFF-MARKET
Estimated value
$1,740,000
Commercial real estate
11399 Us Hwy 24 Divide, CO 80814
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US13-1065611
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1994
Total area
952 SF
Lot
1.73 ac (75,185 SF)
Zoning code
C-1
APN
3043.063140050
UPID
US13-1065611
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
$1.69M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.74M
Owner & transaction history
Cf Altitude LLC · 4 yrs held
Cf Altitude LLC
since 2022
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
C-1 · Divide, CO
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 Divide submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Divide 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
$1,705,000
ML approach
$1,685,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.74M
Range $1.57M – $1.91M · ±10% · vs last sale $1.78M (May 6 2022)
Last sale anchor
$1.78M
May 6 2022
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
$1,828 / 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
$9,902
Tax year 2023
Assessed value
$167,080
Assessed 2023
Previous assessed
$163,280
+2.3% YoY
Effective rate
5.93%
On assessed value
Assessed land
$101,730
Assessed improvement
$65,350
Land market value
$364,645
Improvement market value
$264,238
Total market value
$628,883
Applied tax rate
30.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1994
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
1
Total area
952 SF
Lot
1.73 ac (75,185 SF)
Zoning code
C-1
APN
3043.063140050
UPID
US13-1065611
Jurisdiction
TELLER
Zoning & alternative use
C-1 · Divide, COZoning C-1 · permitted uses
C-1 · Divide, CO
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
1994
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
1.73 ac
Current owner
From public records · entity-resolved
Cf Altitude LLC
Entity
Mailing address
221 PNE ST, SAN FRANCISCO, CA 94104-2705
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 6, 2022
—
Cf Altitude LLC
C&g Master Landlord LLC
Lease
$12,973,726 · Independent Bank
May 6, 2022
$1,782,200
Spp C&g Investment Trust
Cf Altitude Propco II LLC
Special Warranty Deed
—
Jan 28, 2021
—
Cf Altitude Propco II LLC
Ch Realty Viii Of Cg Co Wester Ll
Grant Deed
—
Jun 4, 2018
—
Ch Realty Viii Of Cg Co Wstn LLC
—
Deed
related
$24,420,000 · Fifth Third Bk
Jan 23, 2018
$1,425,400
Ch Realty Viii Of Cg Co Wstn LLC
Wcs Hdt Holdings LLC
Grant Deed
—
Sep 7, 2016
—
Hdt Three LLC
—
Deed
$37,000,000 · Garrison Loan Agcy Svcs LLC
Nov 28, 2005
—
Hdt Three LLC
—
Deed Of Trust
related
$10,000,000 · Citicorp Leasing INC
Dec 10, 2004
—
H D T Three Ltd Liability Co
H D T Ltd Liability
Quit Claim Deed
related
—
—
—
Hdt Three LLC
—
Deed Of Trust
$37,000,000 · Garrison Loan Agcy Svcs LLC
—
—
Ch Realty Viii Of Cg Co Wstn LLC
—
Deed Of Trust
related
$24,420,000 · Fifth Third Bk
—
—
H D T One Limited Liability Co
—
Deed Of Trust
related
$840,000 · Amfirst 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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