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Property profile & analytics
OFF-MARKET
Manufacturing properties
1173 State Hwy 120 Florence, CO 81226-9522
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US13-0523525
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1956
Total area
11,440 SF
Lot
102.77 ac (4,476,661 SF)
APN
99910074
UPID
US13-0523525
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
1173 Sh 120 LLC · 1 yrs held
1173 Sh 120 LLC
since 2024
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 Florence submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Florence 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
$16,524
Tax year 2023
Assessed value
$360,032
Assessed 2023
Previous assessed
$360,032
+0.0% YoY
Effective rate
4.59%
On assessed value
Total market value
$1,290,437
Applied tax rate
29.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1956
Heating
YES
Buildings
7
Stories
1
Total area
11,440 SF
Lot
102.77 ac (4,476,661 SF)
APN
99910074
UPID
US13-0523525
Jurisdiction
FREMONT
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
1956
Heating
YES
Stories
1
Buildings
7
Lot
102.77 ac
Current owner
From public records · entity-resolved
1173 Sh 120 LLC
Entity
Free & Clear · 1 yrs held
Mailing address
15050 WOODCARVER RD, MONUMENT, CO 80132-8100
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 5, 2026
—
1173 Sh 120 LLC
—
Deed
related
$1,600,000 · Millie Colby LLC
Oct 30, 2024
—
1173 Sh 120 LLC
1173 Sh 120 LLC
Special Warranty Deed
—
Nov 21, 2023
$2,190,000
1173 Sh 120 LLC
Aercrete Land LLC
Warranty Deed
$2,315 · Millie Colby LLC
Sep 22, 2010
—
Aercrete Land LLC
American Aac LLC
Quit Claim Deed
related
—
Aug 11, 2010
—
Georgia-pacific LLC
Koch Rp Holdings I LLC
Quit Claim Deed
related
—
Oct 22, 2008
$750,000
Koch Rp Holdings I LLC
Georgia-pacific LLC
Grant Deed
—
Oct 22, 2008
—
Georgia-pacific LLC
Gp Gypsum Equity LLC
Grant Deed
—
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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