New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,365,000
Medical Office Space
1701 61st Ave, Greeley, CO 80634-7989
Entity Owned
5-yr Hold
Free & Clear
Property ID
US13-0420536
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2009
Total area
4,386 SF
Lot
0.16 ac (6,752 SF)
APN
R3368505
UPID
US13-0420536
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
-
Jennifer Diane Cecil Ophthalmologist
-
Kelsey Elrod Physician
-
Dr. Marcelo Saldivia Physician
-
Dr. Chet Reistad Ophthalmologist
-
Jason Mayer Ophthalmologist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.40M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$847k
Blend (final)
Blend
$1.37M
Owner & transaction history
Tunstall LLC · 5 yrs held
Tunstall LLC
since 2021
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.6M
+116.0%
Retail stores
$905,000
+23.7%
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
$1,365,000
ML approach
$1,400,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,580,000
Change: +116% · Conversion: Difficult
RETAIL STORES
$905,000
Change: +24% · Conversion: Difficult
Blend value · Realmo final
$1.37M
Range $1.23M – $1.50M · ±10% · vs last sale $1.35M (Jan 8 2021)
Last sale anchor
$1.35M
Jan 8 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
$311 / 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
$23,191
Tax year 2023
Assessed value
$293,690
Assessed 2023
Previous assessed
$293,690
+0.0% YoY
Effective rate
7.90%
On assessed value
Assessed land
$48,830
Assessed improvement
$244,860
Land market value
$175,000
Improvement market value
$877,640
Total market value
$1,052,640
Applied tax rate
683.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2009
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
4,386 SF
Lot
0.16 ac (6,752 SF)
APN
R3368505
UPID
US13-0420536
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
AUTO REPAIR, GARAGE
Est. value
$1.6M
RETAIL STORES
Est. value
$905,000
AUTO REPAIR, GARAGE
RETAIL STORES
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
2009
Heating
YES
Cooling
Yes
Stories
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Tunstall LLC
Entity
Free & Clear · 5 yrs held
Mailing address
861 PANORAMA DR, GOLDEN, CO 80401-9435
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 8, 2021
—
Tunstall LLC
James M Fay
Quit Claim Deed
related
—
Nov 15, 2018
$1,350,000
James M Fay
Mh Crews LLC
Grant Deed
—
Apr 27, 2010
—
Mh Crews LLC
—
Trustees Deed
related
$304,000 · Compass Bank
Nov 6, 2009
—
Mh Crews LLC
Crews,michael J & Helen M
Quit Claim Deed
$553,600 · Compass Bank
Oct 22, 2009
$190,000
Michael Crews
Fox Run Business Park LLC
Warranty Deed
—
—
—
Mh Crews LLC
—
Deed Of Trust
related
$380,000 · Compass Bank
—
—
Mh Crews LLC
—
Deed Of Trust
related
$380,000 · Front Range Regular Economic
—
—
Mh Crews LLC
—
Deed Of Trust
related
$301,000 · Front Range Regular Economic
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 1701 61st Ave?
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.
