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Property profile & analytics
OFF-MARKET
Estimated value
$500,000
Bars & Pubs
155 Mulberry St Fruita, CO 81521-2295
Entity Owned
4-yr Hold
Free & Clear
Property ID
US13-0905243
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1920
Construction
WOOD
Total area
3,935 SF
Lot
0.29 ac (12,632 SF)
Zoning code
2235
APN
2697-172-13-001
UPID
US13-0905243
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
$485k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$503k
Blend (final)
Blend
$500k
Owner & transaction history
Westfall Investments LLC · 4 yrs held
Westfall Investments LLC
since 2021
Last sale
$500,000
5 recorded transactions
Zoning & alternative use
2235 · Fruita, CO
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 Fruita submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fruita 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
$500,000
ML approach
$485,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$500k
Range $450k – $550k · ±10% · vs last sale $500k (Oct 29 2021)
Last sale anchor
$500k
Oct 29 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
$127 / 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
$12,629
Tax year 2023
Assessed value
$154,830
Assessed 2023
Previous assessed
$84,130
+84.0% YoY
Effective rate
8.16%
On assessed value
Assessed land
$44,410
Assessed improvement
$110,420
Land market value
$159,160
Improvement market value
$395,780
Total market value
$554,940
Applied tax rate
11,600.0000
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
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1920
Construction
WOOD
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Rooms
10
Bathrooms
0
Total area
3,935 SF
Lot
0.29 ac (12,632 SF)
Zoning code
2235
APN
2697-172-13-001
UPID
US13-0905243
Jurisdiction
MESA
Zoning & alternative use
2235 · Fruita, COZoning 2235 · permitted uses
2235 · Fruita, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
municipal code
Building & site characteristics
From public records
Year built
1920
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
10
Bathrooms
0
Lot
0.29 ac
Current owner
From public records · entity-resolved
Westfall Investments LLC
Entity
Free & Clear · 4 yrs held
Mailing address
359 W RDGS BLVD, GRAND JUNCTION, CO 81507-1703
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 29, 2021
$500,000
Westfall Investments LLC
Nathan D Brach
Personal Representative Deed
—
Oct 25, 2021
—
Nathan D Brach
Nathan Brach
Intrafamily Transfer
related
—
Jan 14, 2021
—
Nathan Brach
John D Brach
Quit Claim Deed
related
—
Mar 6, 2002
$142,000
John D Brach
Vigil,steve J & Glenna M
Grant Deed
$117,000 · Steve J & Glenna M Vigil
Oct 31, 2000
$110,000
Steve J Vigil
Hunt,dale J & Twila J
Grant Deed
—
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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