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Property profile & analytics
OFF-MARKET
Retail space
117 Adams St Monte Vista, CO 81144-1421
Entity Owned
2-yr Hold
Free & Clear
Property ID
US13-1236013
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1926
Construction
CONCRETE
Total area
3,120 SF
Lot
0.09 ac (3,750 SF)
APN
3531314018
UPID
US13-1236013
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
Monte Vista Urban Renewal Authority · 2 yrs held
Monte Vista Urban Renewal Authority
since 2023
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 Monte Vista submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monte Vista 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
$580
Tax year 2023
Assessed value
$8,168
Assessed 2023
Previous assessed
$8,168
+0.0% YoY
Effective rate
7.10%
On assessed value
Assessed land
$4,708
Assessed improvement
$3,460
Land market value
$16,875
Improvement market value
$12,400
Total market value
$29,275
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1926
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
3,120 SF
Lot
0.09 ac (3,750 SF)
APN
3531314018
UPID
US13-1236013
Jurisdiction
RIO GRANDE
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
1926
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Monte Vista Urban Renewal Authority
Entity
Free & Clear · 2 yrs held
Mailing address
95 1ST AVE, MONTE VISTA, CO 81144-1069
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
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
Nov 20, 2023
—
Monte Vista Urban Renewal Authority
Lacey Matheis
Quit Claim Deed
related
—
Mar 8, 2022
—
Lacey Matheis
Monte Vista Urban Renewal Authority
Warranty Deed
—
Mar 25, 2021
—
Monte Vista Urban Renewal Authority
Three Guys Pubs INC
Warranty Deed
—
Oct 16, 2019
—
Three Guys Pubs INC
Monte Vista Urban Renewal Authority
Special Warranty Deed
—
Mar 25, 2019
—
Monte Vista Urban Renewal Authority
Rio Grande Savings And Loan Associa
Special Warranty Deed
—
Jan 3, 2018
—
Rio Grande Savings And Loan
Peggy J Kern
Public Action
related
—
Dec 13, 2017
$73,262
Rio Grnade Savings And Loan
Patrick J Martinez
Public Action
related
—
Jul 2, 2009
$70,000
Patrick J Martinez
Rio Grande Savings And Loan Assn
Warranty Deed
$70,000 · Rio Grande Savings & Loan
Nov 14, 2008
—
Rio Grand Saving & Loan Assoc
Shanna L Roberts
Trustees Deed
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.
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