Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,350,000
Grocery and convenience stores
1156 Colorado Ave Brush, CO 80723-2902
Entity Owned
4-yr Hold
Free & Clear
Property ID
US13-1089520
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1965
Construction
WOOD FRAME
Total area
14,252 SF
Lot
6.3 ac (274,515 SF)
APN
R001995
UPID
US13-1089520
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
-
Subway Take-out & Catering Catering Service
-
Tomahawk Truck Stop Gas Station
-
Phillips 66 Gas Station
-
Mobile Transportation Group Inc Auto Repair Shop
-
FedEx Drop Box Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.19M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.35M
Owner & transaction history
Hr LLC · 4 yrs held
Hr LLC
since 2022
Last sale
$2.5M
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 Brush submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brush 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
$2,305,000
ML approach
$2,185,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,090,000
Change: 0% · Conversion: Easy
Blend value · Realmo final
$2.35M
Range $2.12M – $2.59M · ±10% · vs last sale $2.45M (Apr 19 2022)
Last sale anchor
$2.45M
Apr 19 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
$165 / 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
$69,392
Tax year 2023
Assessed value
$677,980
Assessed 2023
Previous assessed
$626,980
+8.1% YoY
Effective rate
10.24%
On assessed value
Assessed land
$400,920
Assessed improvement
$277,060
Land market value
$1,437,000
Improvement market value
$993,060
Total market value
$2,430,060
Applied tax rate
1.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1965
Construction
WOOD FRAME
Heating
YES
Cooling
NONE
Buildings
3
Stories
1
Rooms
1
Bathrooms
4
Total area
14,252 SF
Lot
6.3 ac (274,515 SF)
APN
R001995
UPID
US13-1089520
Jurisdiction
MORGAN
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)
Est. value
$2.1M
COMMERCIAL (GENERAL)
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
1965
Construction
WOOD FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Rooms
1
Bathrooms
4
Lot
6.3 ac
Current owner
From public records · entity-resolved
Hr LLC
Entity
Free & Clear · 4 yrs held
Mailing address
10761 UNITY PKWY, COMMERCE CITY, CO 80022-0662
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 19, 2022
—
Hr LLC
—
Deed
related
$1,918,088 · Bank Of Colorado
Apr 19, 2022
$2,450,000
Hr LLC
Sb Travel Step LLC
Special Warranty Deed
—
Mar 3, 2017
$2,225,000
Sb Travel Stop LLC
H & B LLC INC
Special Warranty Deed
$2,180,000 · Midwest Regional Bank
Sep 9, 2014
—
H & B LLC INC
—
Trustees Deed
related
$350,000 · Points W Cmnty Bk
Aug 13, 2013
$700,000
H & B LLC INC
Silco Oil Company
Special Warranty Deed
$575,000 · Points West Community Bank
—
—
H & B LLC INC
—
Loan Modification
related
$894,740 · Points W Cmnty Bk
—
—
H & B LLC INC
—
Loan Modification
related
$894,740 · Points W Cmnty Bk
—
—
Silco Oil Co
—
Deed Of Trust
related
$16,000,000 · Citicorp Leasing INC
—
—
H & B LLC INC
—
Loan Modification
related
$525,000 · Points West Community 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.
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 1156 Colorado 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.
