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Property profile & analytics
OFF-MARKET
Estimated value
$1,490,000
Retail space
145 Elkhorn Ave Estes Park, CO 80517
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US13-1003533
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1919
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
15,461 SF
Lot
0.17 ac (7,405 SF)
APN
35251-17-007
UPID
US13-1003533
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
-
BLADES - We've Got The Edge! (Bike/Boat/Book/etc) Store
-
Once Upon A Hive Home Decor Store
-
The Weathervane of Estes Park (Bike/Boat/Book/etc) Store
-
STUFFED (Bike/Boat/Book/etc) Store Arcade & Gaming Center
-
Estes Silver & Gold (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.43M
CAP Approach
CAP
$2.08M
Comparable Approach
Comparable
$1.65M
Blend (final)
Blend
$1.49M
Owner & transaction history
Mad Moose Properties LLC · 5 yrs held
Mad Moose Properties LLC
since 2021
Last sale
$1.5M
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 Estes Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Estes Park 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
$1,345,000
ML approach
$1,430,000
CAP Approach
CAP Return
Estimation
6%
$2,255,000
6.5%
$2,080,000
7%
$1,935,000
Blend value · Realmo final
$1.49M
Range $1.34M – $1.64M · ±10% · vs last sale $1.51M (Jun 1 2021)
Last sale anchor
$1.51M
Jun 1 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
$96 / 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
$28,211
Tax year 2023
Assessed value
$400,225
Assessed 2023
Previous assessed
$246,500
+62.4% YoY
Effective rate
7.05%
On assessed value
Assessed land
$73,628
Assessed improvement
$326,597
Land market value
$263,900
Improvement market value
$1,170,600
Total market value
$1,434,500
Applied tax rate
3,317.0000
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
1919
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
3
Total area
15,461 SF
Lot
0.17 ac (7,405 SF)
APN
35251-17-007
UPID
US13-1003533
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
Building & site characteristics
From public records
Year built
1919
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
3
Lot
0.17 ac
Current owner
From public records · entity-resolved
Mad Moose Properties LLC
Entity
Mailing address
2389 TYRRHENIAN CIR, LONGMONT, CO 80504-3763
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
Jun 1, 2021
$1,510,000
Mad Moose Properties LLC
Park Property Partners LLC
Warranty Deed
$1,208,000 · Front Range State Bank
Jan 10, 2020
—
Park Property Partners LLC
—
Deed
related
$322,000 · Bank Of Co
Mar 21, 2016
—
Park Property Partners LLC
Rissmiller,mark D & Jean M
Quit Claim Deed
related
—
Jan 26, 2012
$600,000
Mark D Rissmiller
Estes Centre Associates LLP
Warranty Deed
$456,394 · Bank Of Colorado
Jan 22, 2009
—
Estes Centre Associates LLP
Estes Centre Associates
Quit Claim Deed
related
—
Jun 26, 2008
—
Estes Centre Associates LLP
—
Trustees Deed
related
$4,275,000 · Bank Of Colorado
Jan 7, 2008
—
Estes Centre Associates LLP
—
Trustees Deed
related
$2,100,000 · Bank Of Colorado
Mar 8, 2006
—
Estes Centre Associates LLP
—
Trustees Deed
related
$382,839 · Bank Of Colorado
Mar 30, 2005
—
Estes Centre Associates LLP
—
Trustees Deed
related
$2,700,000 · Bank Of Colorado
—
—
Mark D Rissmiller
—
Deed Of Trust
related
$430,500 · Bank Of Co
—
—
Park Property Partners LLC
—
Deed Of Trust
related
$322,000 · Bank Of Co
—
—
Estes Centre Associates LLP
—
Deed Of Trust
related
$4,275,000 · Bank Of Colorado
—
—
Estes Centre Associates LLP
—
Deed Of Trust
related
$850,000 · Bank Of Colorado
—
—
Estes Centre Assoc
—
Deed Of Trust
related
$157,000 · Bank 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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