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Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Warehouses
11988 Colorado 103 Idaho Springs, CO 80452
Entity Owned
1-yr Hold
Free & Clear
Property ID
US13-1446021
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2018
Construction
BRICK
Total area
4,240 SF
Lot
52.52 ac (2,287,771 SF)
Zoning code
MR-1
APN
1961-311-00-004
UPID
US13-1446021
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
$655k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$631k
Blend (final)
Blend
$635k
Owner & transaction history
Sutton Properties Of Georgia LLC · 1 yrs held
Sutton Properties Of Georgia LLC
since 2025
Last sale
$775,000
6 recorded transactions
Zoning & alternative use
MR-1 · Idaho Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$725,000
+22.5%
Office building
$720,000
+21.7%
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 Idaho Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Idaho Springs 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
$630,000
ML approach
$655,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$595,000
Current use
RETAIL STORES
$725,000
Change: +23% · Conversion: Moderate
OFFICE BUILDING
$720,000
Change: +22% · Conversion: Difficult
Blend value · Realmo final
$635k
Range $572k – $699k · ±10% · vs last sale $775k (Jan 29 2025)
Last sale anchor
$775k
Jan 29 2025
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
$150 / 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
$5,188
Tax year 2023
Assessed value
$71,440
Assessed 2023
Previous assessed
$104,560
-31.7% YoY
Effective rate
7.26%
On assessed value
Assessed land
$47,870
Assessed improvement
$23,570
Land market value
$171,580
Improvement market value
$84,480
Total market value
$256,060
Applied tax rate
80.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2018
Construction
BRICK
Heating
NONE
Stories
1
Total area
4,240 SF
Lot
52.52 ac (2,287,771 SF)
Zoning code
MR-1
APN
1961-311-00-004
UPID
US13-1446021
Jurisdiction
CLEAR CREEK
Zoning & alternative use
MR-1 · Idaho Springs, COZoning MR-1 · permitted uses
MR-1 · Idaho Springs, CO
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
WAREHOUSE, STORAGE Current
Est. value
$595,000
RETAIL STORES
Est. value
$725,000
OFFICE BUILDING
Est. value
$720,000
WAREHOUSE, STORAGE Current
RETAIL STORES
OFFICE BUILDING
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
2018
Construction
BRICK
Heating
NONE
Stories
1
Lot
52.52 ac
Current owner
From public records · entity-resolved
Sutton Properties Of Georgia LLC
Entity
Free & Clear · 1 yrs held
Mailing address
13715 W ALASKA PL, LAKEWOOD, CO 80228-2425
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 29, 2025
$775,000
Sutton Properties Of Georgia LLC
Adam Porter
Special Warranty Deed
—
Feb 1, 2022
$725,000
Adam Porter
Peggy O White
Warranty Deed
$544,000 · Berkley Bank
Mar 8, 2021
—
Terra K Scott
Terra K Scitt
Beneficiary Deed
—
Jun 26, 2015
$155,000
Richard M White
Pollack Michael W & Karrie L
Grant Deed
—
Aug 27, 2012
$78,750
Michael W Pollack
Wahlberg J S & D M Trust
Warranty Deed
—
Aug 27, 2012
—
Wahlberg Jamese S & D M Trust
Wahlberg J S & D M Trust
Quit Claim 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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