Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$5,220,000
Assisted living facilities
150 Spg St Morrison, CO 80465-2532
Entity Owned
1-yr Hold
Free & Clear
Property ID
US13-0828799
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1973
Construction
STEEL FRAME
Total area
48,042 SF
Lot
4.63 ac (201,600 SF)
APN
50-021-05-001
UPID
US13-0828799
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
-
Bear Creek Center Nursing Home
-
Lynsey Curry Physician
-
Shelly Wilson Physician
-
Britta Nealon Physician
-
Kelley Liebel Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.85M
Blend (final)
Blend
$5.22M
Owner & transaction history
150 Spring Street Ea LLC · 1 yrs held
150 Spring Street Ea LLC
since 2025
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 Morrison submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Morrison 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.22M
Range $4.70M – $5.74M · ±10%
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
$109 / 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
$57,543
Tax year 2023
Assessed value
$621,072
Assessed 2023
Previous assessed
$621,072
+0.0% YoY
Effective rate
9.27%
On assessed value
Assessed land
$270,144
Assessed improvement
$350,928
Land market value
$4,032,000
Improvement market value
$5,292,724
Total market value
$9,324,724
Applied tax rate
8,002.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1973
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
AC.CHILLED WATER
Stories
2
Units
150
Total area
48,042 SF
Lot
4.63 ac (201,600 SF)
APN
50-021-05-001
UPID
US13-0828799
Jurisdiction
JEFFERSON
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
1973
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
Yes
Stories
2
Units
150
Lot
4.63 ac
Current owner
From public records · entity-resolved
150 Spring Street Ea LLC
Entity
Free & Clear · 1 yrs held
Mailing address
4500 DORR ST, TOLEDO, OH 43615-4040
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 2, 2026
—
Bear Creek Ctr Realty LLC
—
Deed
related
$13,800,000 · Collegiate Peaks Bank
Jun 9, 2025
—
150 Spring Street Ea LLC
Bear Creek Ctr Realty LLC
Deed
—
Apr 11, 2022
—
Bear Creek Ctr Realty LLC
Welltower Nnn Group LLC
Quit Claim Deed
related
$16,750,000 · Dmt Spe I LLC
Jul 31, 2018
—
Welltower Nnn Group LLC
Well Pm Properties LLC
Quit Claim Deed
—
Dec 28, 2016
—
Hcp Properties LP
—
Deed
related
$750,000,000 · * Other Institutional Lenders
Dec 8, 2015
—
Hcp Properties LP
Hcp INC
Quit Claim Deed
related
—
—
—
Hcp Properties LP
—
Deed Of Trust
related
$750,000,000 · * Other Institutional Lenders
—
—
Hcp Properties LP
—
Deed Of Trust
related
$1,100,000,000 · Barclays Bk/plc
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 150 Spg 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.
