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Property profile & analytics
OFF-MARKET
Retail space
115 3rd St Sterling, CO 80751-4335
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US13-1105413
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1958
Construction
WOOD
Total area
2,790 SF
Lot
0.2 ac (8,843 SF)
APN
5033000
UPID
US13-1105413
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Bj Hase Investments LLC · 7 yrs held
Bj Hase Investments LLC
since 2019
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 Sterling submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sterling 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
$1,467
Tax year 2023
Assessed value
$30,830
Assessed 2023
Previous assessed
$92,910
-66.8% YoY
Effective rate
4.76%
On assessed value
Land market value
$41,436
Improvement market value
$69,080
Total market value
$110,516
Applied tax rate
117.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1958
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Total area
2,790 SF
Lot
0.2 ac (8,843 SF)
APN
5033000
UPID
US13-1105413
Jurisdiction
LOGAN
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
1958
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Lot
0.2 ac
Current owner
From public records · entity-resolved
Bj Hase Investments LLC
Entity
Mailing address
1102 S GLENORA ST, STERLING, CO 80751-4417
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 1, 2021
—
Nick & Jim Mildenberger Proper
—
Deed
related
—
Jun 24, 2020
—
Nick & Jim Mildenberger Proper
—
Deed
related
—
Aug 19, 2019
—
Nick & Jim Mildenberger Props
—
Deed
related
—
May 1, 2019
—
Nick & Jim Mildenberger Properties
—
Deed
related
$44,000 · Bank Of Colorado
Feb 27, 2019
$126,000
Bj Hase Investments LLC
Keybank NA
Grant Deed
$100,000 · Adams Bk&tr
Jun 6, 2018
—
Nick & Jim Miidenberger Props
—
Deed
related
—
Jul 5, 2012
—
Nick LLP
Mildenberger,james A & Nicholas T JR
Quit Claim Deed
related
$180,000 · Bank Of Colorado
Nov 4, 2011
—
Nick LLP
—
Trustees Deed
related
$40,000 · Bank Of Colorado
Aug 16, 2007
—
Nick LLP
Mildenberger,james A
Quit Claim Deed
related
—
—
—
Nick & Jim Mildenberger Props
—
Loan Modification
related
—
—
—
Nick & Jim Mildenberger Proper
—
Loan Modification
related
—
—
—
Nick LLP
—
Deed Of Trust
related
$180,000 · Bank Of Colorado
—
—
Nick & Jim Mildenberger Proper
—
Loan Modification
related
—
—
—
Nick Prop
—
Deed Of Trust
related
$90,000 · Bank Of Colorado
—
—
Nick Props
—
Deed Of Trust
related
$30,000 · Bank Of Colorado
—
—
Nick & Jim Miidenberger Props
—
Loan Modification
related
—
—
—
Nick & Jim Mildenberger Proper
—
Loan Modification
related
—
—
—
Nick & Jim Mildenberger Proper
—
Loan Modification
related
—
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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