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Property profile & analytics
OFF-MARKET
Estimated value
$2,540,000
Outlet malls
1398 Wilson Ave Loveland, CO 80537-3725
Trust Owned
3-yr Hold
~
Est. High Equity
Property ID
US13-1533493
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2021
Total area
10,611 SF
Lot
1.37 ac (59,677 SF)
APN
95223-08-001
UPID
US13-1533493
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
-
Western Union Bank Credit Union
-
Dollar General Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.39M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.90M
Blend (final)
Blend
$2.54M
Owner & transaction history
The Harris C Christie Living Trust · 3 yrs held
The Harris C Christie Living Trust
since 2023
Last sale
$2.7M
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.9M
+56.2%
Apartment house (5+ units)
$3.4M
+35.9%
Medical building
$3.3M
+31.9%
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 Loveland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Loveland 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
$2,015,000
ML approach
$2,385,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$2,490,000
Current use
RESTAURANT
$3,885,000
Change: +56% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$3,380,000
Change: +36% · Conversion: Difficult
MEDICAL BUILDING
$3,280,000
Change: +32% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,780,000
Change: +12% · Conversion: Difficult
Blend value · Realmo final
$2.54M
Range $2.29M – $2.79M · ±10% · vs last sale $2.70M (Feb 8 2023)
Last sale anchor
$2.70M
Feb 8 2023
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
$239 / 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
$44,880
Tax year 2023
Assessed value
$591,452
Assessed 2023
Previous assessed
$591,452
+0.0% YoY
Effective rate
7.59%
On assessed value
Assessed land
$48,183
Assessed improvement
$543,269
Land market value
$172,700
Improvement market value
$1,947,200
Total market value
$2,119,900
Applied tax rate
2,200.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
2021
Heating
YES
Cooling
YES
Stories
1
Total area
10,611 SF
Lot
1.37 ac (59,677 SF)
APN
95223-08-001
UPID
US13-1533493
Jurisdiction
LARIMER
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
$2.5M
RESTAURANT
Est. value
$3.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.4M
MEDICAL BUILDING
Est. value
$3.3M
AUTO REPAIR, GARAGE
Est. value
$2.8M
RETAIL STORES Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
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
2021
Heating
YES
Cooling
Yes
Stories
1
Lot
1.37 ac
Current owner
From public records · entity-resolved
The Harris C Christie Living Trust
Trust
Mailing address
1385 E MTN DR, SANTA BARBARA, CA 93108-1214
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 8, 2023
$2,700,000
The Harris C Christie Living Trust
Loveland Co Dg LLC
Special Warranty Deed
—
Aug 19, 2021
—
Loveland Co Dg LLC
—
Deed
related
$1,527,708 · Bancorpsouth Bank
Aug 5, 2010
—
Gasamat Oil Corp Of Colorado
—
Trustees Deed
related
$70,000 · Flatirons 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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