Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$775,000
Retail space
123 Main St Brighton, CO 80601-1626
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US13-2438097
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1897
Total area
5,225 SF
Lot
0.23 ac (10,019 SF)
APN
R0002808
UPID
US13-2438097
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
$835k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$809k
Blend (final)
Blend
$775k
Owner & transaction history
123 N Main LLC · 5 yrs held
123 N Main LLC
since 2021
Last sale
$717,000
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 Brighton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brighton 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
$790,000
ML approach
$835,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$885,000
Current use
Blend value · Realmo final
$775k
Range $698k – $853k · ±10% · vs last sale $717k (Jan 8 2021)
Last sale anchor
$717k
Jan 8 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
$148 / 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
$27,765
Tax year 2023
Assessed value
$252,750
Assessed 2023
Previous assessed
$228,780
+10.5% YoY
Effective rate
10.99%
On assessed value
Assessed land
$27,900
Assessed improvement
$224,850
Land market value
$100,000
Improvement market value
$805,900
Total market value
$905,900
Applied tax rate
603.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
1897
Heating
OTHER
Cooling
OTHER
Stories
1
Total area
5,225 SF
Lot
0.23 ac (10,019 SF)
APN
R0002808
UPID
US13-2438097
Jurisdiction
ADAMS
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
RETAIL STORES Current
Est. value
$885,000
RETAIL STORES 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
1897
Heating
OTHER
Cooling
Yes
Stories
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
123 N Main LLC
Entity
Mailing address
1333 W 120TH AVE STE #110, WESTMINSTER, CO 80234-2709
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 8, 2021
$717,000
123 N Main LLC
Herr Family LLC
Warranty Deed
$363,267 · Sunflower Bank NA
Jul 6, 2015
$360,000
Lance A Ferguson
123 Main LLC
Special Warranty Deed
$280,000 · Farmers Insurance Group FCU
Jul 11, 2008
—
Trenton H Parker
Land Home Dev Co INC
Warranty Deed
related
—
May 23, 2008
—
123 Main LLC
Public Trustee Of Adams County
Trustees Deed
related
—
Jan 15, 2008
$163,833
Sbb Financial
Public Trustee Of Adams County
Trustees Deed
related
—
Feb 2, 2007
—
Land Home Dev Co
Verdeal,michael R
Quit Claim Deed
related
—
Jul 1, 2002
$130,000
Michael Verdeal
123 North Main Ptshp Rllp
Grant Deed
$152,457 · Valley Bank & Trust Co
May 17, 2001
—
123 North Main Ptshp Rllp
Rothberg,gerald L
Grant Deed
related
—
—
—
Michael Verdeal
—
Deed Of Trust
related
$125,000 · Sbb Financial
—
—
Michael Verdeal
—
Deed Of Trust
related
$10,205 · Valley Bank & Trust Co
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 123 Main St?
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.
