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Property profile & analytics
OFF-MARKET
Estimated value
$790,000
Commercial real estate
131 Riv Rd Rangely, CO 81648-2309
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US13-1857513
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1982
Construction
WOOD
Total area
32,128 SF
Lot
3.18 ac (138,303 SF)
APN
139302206001
UPID
US13-1857513
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
-
Mark Matthews and Associates, LLC - Rangely, CO Law Firm Security Service
-
Rocky Mountain Apartment Homes Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$865k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$884k
Blend (final)
Blend
$790k
Owner & transaction history
Paul Maguire · 2 yrs held
Paul Maguire
since 2023
Last sale
$775,000
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 Rangely submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rangely 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
$650,000
ML approach
$865,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$790k
Range $711k – $869k · ±10% · vs last sale $775k (Nov 12 2021)
Last sale anchor
$775k
Nov 12 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
$25 / 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
$3,036
Tax year 2023
Assessed value
$42,690
Assessed 2023
Previous assessed
$46,670
-8.5% YoY
Effective rate
7.11%
On assessed value
Assessed land
$10,900
Assessed improvement
$31,790
Land market value
$162,620
Improvement market value
$474,500
Total market value
$637,120
Applied tax rate
10.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1982
Construction
WOOD
Heating
FORCED AIR
Cooling
WINDOW A/C
Stories
2
Units
30
Rooms
90
Total area
32,128 SF
Lot
3.18 ac (138,303 SF)
APN
139302206001
UPID
US13-1857513
Jurisdiction
RIO BLANCO
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
1982
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
30
Rooms
90
Lot
3.18 ac
Current owner
From public records · entity-resolved
Paul Maguire
Individual
Mailing address
9500 W FLAMINGO RD STE #205, LAS VEGAS, NV 89147-5721
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 14, 2023
$775,000
Paul Maguire
Rangely Property LLC
Re-recorded Document
related
—
Nov 12, 2021
$775,000
Paul Maguire
Rangely Property LLC
Special Warranty Deed
$525,000 · Rangely Property LLC
Jul 1, 2019
—
Rangely Property LLC
—
Deed
related
$500,000 · Construction Loan Services II LLC
Mar 27, 2015
—
Rangely Property LLC
Thomas A Rue
Trustees Deed
related
—
Apr 2, 2009
—
Sagewood Investments LLC
Thomas A Rue
Correction Deed
related
$370,000 · Academy Bank NA
Nov 28, 2007
—
Sagewood Investments LLC
Thomas A Rue
Quit Claim Deed
related
—
Nov 8, 2007
$1,890,000
Thomas A Rue
Darin Carei
Warranty Deed
$1,520,000 · Academy Bank NA
Nov 8, 2007
—
Darin Carei
World Properties LLC
Quit Claim Deed
related
—
Nov 8, 2006
$1,000,000
World Properties LLC
Rangely Junior College District
Warranty Deed
$870,000 · Community Banks Of Colorado
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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