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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Distribution centers
136 Kokanee Rd Fairplay, CO 80440
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US13-1454208
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2004
Total area
5,184 SF
Lot
5.03 ac (219,107 SF)
APN
R0013561
UPID
US13-1454208
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
$505k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$525k
Owner & transaction history
Kokanee Investments LLC · 5 yrs held
Kokanee Investments LLC
since 2021
Last sale
$525,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$805,000
+3.4%
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 Fairplay submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fairplay 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
$520,000
ML approach
$505,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$780,000
Current use
AUTO REPAIR, GARAGE
$805,000
Change: +3% · Conversion: Easy
Blend value · Realmo final
$525k
Range $473k – $578k · ±10% · vs last sale $525k (Jul 8 2021)
Last sale anchor
$525k
Jul 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
$101 / 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
$28,685
Tax year 2023
Assessed value
$521,617
Assessed 2023
Previous assessed
$283,415
+84.0% YoY
Effective rate
5.50%
On assessed value
Assessed land
$66,706
Assessed improvement
$454,911
Land market value
$230,021
Improvement market value
$1,568,660
Total market value
$1,798,681
Applied tax rate
15.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2004
Heating
NONE
Buildings
2
Stories
2
Rooms
3
Total area
5,184 SF
Lot
5.03 ac (219,107 SF)
APN
R0013561
UPID
US13-1454208
Jurisdiction
PARK
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
WAREHOUSE, STORAGE Current
Est. value
$780,000
AUTO REPAIR, GARAGE
Est. value
$805,000
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
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
2004
Heating
NONE
Stories
2
Buildings
2
Rooms
3
Lot
5.03 ac
Current owner
From public records · entity-resolved
Kokanee Investments LLC
Entity
Mailing address
1350 S SHERIDAN BLVD UNIT #1, DENVER, CO 80232-8008
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 8, 2021
$525,000
Kokanee Investments LLC
Beryl Gold Investment LLC
Warranty Deed
—
Aug 6, 2015
$350,000
Beryl Gold Investment LLC
Solar Creations LLC
Warranty Deed
—
Mar 25, 2015
$125,000
Solar Creations LLC
High Grade Solutions LLC
Quit Claim Deed
related
$25,000 · Rudolph G Andrea
Aug 19, 2013
$295,000
Creations Solar
A Place Away Holdings LLC
Warranty Deed
—
Jan 31, 2005
—
Four Mile Fishing Club Lot 31
Armstrong,timm A & Vicki T
Quit Claim Deed
related
—
Sep 10, 2004
—
Place Away Holdings LLC
—
Trustees Deed
related
$210,000 · Air Academy National Bank
Mar 24, 2004
—
A Place Away Holdings LLC
Peters,nancy J
Quit Claim Deed
related
—
Mar 24, 2004
$40,000
Nancy Peters
Rudisill,james L
Grant Deed
—
—
—
A Place Away Holdings LLC
—
Deed Of Trust
related
$35,000 · Academy Bank
—
—
Creations Solar
—
Deed Of Trust
related
$228,000 · Centennial Bank
—
—
A Place Away Holdings LLC
—
Deed Of Trust
related
$20,000 · Academy Bank
—
—
Beryl Gold Investment
—
Deed Of Trust
related
$108,285
—
—
Creations Solar
—
Deed Of Trust
related
$225,000 · Wedel Roger K & L Trust (pt)
—
—
A Place Away Holdings LLC
—
Deed Of Trust
related
$35,000 · Academy Bank
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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