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Property profile & analytics
OFF-MARKET
Estimated value
$615,000
Office buildings
1224 Edison St Brush, CO 80723-2436
Entity Owned
4-yr Hold
Free & Clear
Property ID
US13-1125289
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2003
Construction
WOOD FRAME
Total area
4,456 SF
Lot
1.64 ac (71,526 SF)
APN
R019160
UPID
US13-1125289
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
-
Nancy Samples Pediatrician Physician
-
Lynn Dilley - Brush Family Medicine Medical Clinic
-
Dilley & Samples Family Practice Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$550k
CAP Approach
CAP
$745k
Comparable Approach
Comparable
$627k
Blend (final)
Blend
$615k
Owner & transaction history
4w Properties LLC · 4 yrs held
4w Properties LLC
since 2021
Last sale
$600,000
4 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
$625,000
ML approach
$550,000
CAP Approach
CAP Return
Estimation
6%
$805,000
6.5%
$745,000
7%
$690,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$395,000
Current use
Blend value · Realmo final
$615k
Range $554k – $677k · ±10% · vs last sale $600k (Oct 29 2021)
Last sale anchor
$600k
Oct 29 2021
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
$138 / 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
$16,327
Tax year 2023
Assessed value
$165,920
Assessed 2023
Previous assessed
$143,300
+15.8% YoY
Effective rate
9.84%
On assessed value
Assessed land
$28,360
Assessed improvement
$137,560
Land market value
$101,640
Improvement market value
$493,040
Total market value
$594,680
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2003
Construction
WOOD FRAME
Heating
YES
Cooling
NONE
Stories
1
Bathrooms
4
Total area
4,456 SF
Lot
1.64 ac (71,526 SF)
APN
R019160
UPID
US13-1125289
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
OFFICE BUILDING Current
Est. value
$395,000
OFFICE BUILDING Current
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
2003
Construction
WOOD FRAME
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
4
Lot
1.64 ac
Current owner
From public records · entity-resolved
4w Properties LLC
Entity
Free & Clear · 4 yrs held
Mailing address
8269 COUNTY RD F F, WIGGINS, CO 80654-7101
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 29, 2021
$600,000
4w Properties LLC
Downing Family LLC
Warranty Deed
—
Jan 30, 2018
—
Downing Family LLC
Ranches INC
Quit Claim Deed
related
—
Jan 8, 2016
—
Ranches INC
Dilley,lynn R
Warranty Deed
—
Jan 8, 2016
$320,000
Lynn R Dilley
Samples,john A
Warranty 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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