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Property profile & analytics
FOR LEASE
Office buildings
1555 Promontory Cir Greeley, CO 80634
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US13-0881165
For Lease
1 / 6
$37,595,000
1555 Promontory Cir, Greeley, CO 80634
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2002
Total area
166,341 SF
Lot
55.48 ac (2,416,709 SF)
APN
R0296201
UPID
US13-0881165
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
-
4Rivers Equipment, Corporate Building Supply Industrial Manufacturer
-
Greeley Portable Toilet Hire Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$34.83M
Comparable Approach
Comparable
$38.69M
Blend (final)
Blend
$37.60M
Owner & transaction history
Jdm II Sf National LLC · 12 yrs held
Jdm II Sf National LLC
since 2014
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$59.9M
+95.6%
Retail stores
$34.3M
+12.0%
Restaurant
$31.8M
+3.8%
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 Greeley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greeley 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%
$37,725,000
6.5%
$34,825,000
7%
$32,335,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$30,645,000
Current use
AUTO REPAIR, GARAGE
$59,940,000
Change: +96% · Conversion: Difficult
RETAIL STORES
$34,330,000
Change: +12% · Conversion: Moderate
RESTAURANT
$31,805,000
Change: +4% · Conversion: Moderate
MEDICAL BUILDING
$27,750,000
Change: -9% · Conversion: Easy
COMMERCIAL (GENERAL)
$26,255,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$37.60M
Range $33.84M – $41.35M · ±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
$226 / 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
Assessed value
$16,442,610
Assessed 2023
Previous assessed
$16,442,610
+0.0% YoY
Assessed land
$1,369,590
Assessed improvement
$15,073,020
Land market value
$4,908,940
Improvement market value
$54,025,175
Total market value
$58,934,115
Applied tax rate
446.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
2002
Heating
HOT WATER
Buildings
5
Stories
1
Total area
166,341 SF
Lot
55.48 ac (2,416,709 SF)
APN
R0296201
UPID
US13-0881165
Jurisdiction
WELD
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
OFFICE BUILDING Current
Est. value
$30.6M
AUTO REPAIR, GARAGE
Est. value
$59.9M
RETAIL STORES
Est. value
$34.3M
RESTAURANT
Est. value
$31.8M
MEDICAL BUILDING
Est. value
$27.8M
COMMERCIAL (GENERAL)
Est. value
$26.3M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
RESTAURANT
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
2002
Heating
HOT WATER
Stories
1
Buildings
5
Lot
55.48 ac
Current owner
From public records · entity-resolved
Jdm II Sf National LLC
Entity
Mailing address
1 STATE FARM PLZ, BLOOMINGTON, IL 61710-0001
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 3, 2014
$60,800,000
Jdm II Sf National LLC
Lsref2 Tractor Reo Direct LLC
Special Warranty Deed
$383,500,000 · Ubs Real Estate Securities INC Etal
Nov 18, 2013
$52,711,100
Lsref2 Tractor Reo Direct LLC
State Farm Mutual Automobile Insura
Special Warranty Deed
$416,500,000 · Royal Bank Of Canada
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?”
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