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Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Turn key restaurants
1815 65th Ave 2 Greeley, CO 80634-7964
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US13-0110846
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2004
Total area
2,660 SF
Lot
0.06 ac (2,553 SF)
APN
R3310705
UPID
US13-0110846
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
-
Raymond E. Gornell, PSYD Physician Medical Clinic
-
Wing Shack West Greeley Restaurant
-
Apex Vision & Wellness Physician
-
Dr. James D. Dinnebeck Physician
-
Dr. Mildred Lopez Dinnebeck Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$620k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$549k
Blend (final)
Blend
$635k
Owner & transaction history
Ram Rentals LLC · 4 yrs held
Ram Rentals LLC
since 2022
Last sale
$700,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$960,000
+88.5%
Retail stores
$550,000
+7.9%
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
$615,000
ML approach
$620,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$510,000
Current use
AUTO REPAIR, GARAGE
$960,000
Change: +88% · Conversion: Difficult
RETAIL STORES
$550,000
Change: +8% · Conversion: Easy
OFFICE BUILDING
$490,000
Change: -4% · Conversion: Moderate
MEDICAL BUILDING
$445,000
Change: -13% · Conversion: Difficult
COMMERCIAL (GENERAL)
$420,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$635k
Range $572k – $699k · ±10% · vs last sale $700k (Feb 3 2022)
Last sale anchor
$700k
Feb 3 2022
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
$239 / 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
$9,876
Tax year 2023
Assessed value
$129,870
Assessed 2023
Previous assessed
$129,870
+0.0% YoY
Effective rate
7.60%
On assessed value
Assessed improvement
$129,870
Improvement market value
$465,500
Total market value
$465,500
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2004
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
3
Total area
2,660 SF
Lot
0.06 ac (2,553 SF)
APN
R3310705
UPID
US13-0110846
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
RESTAURANT Current
Est. value
$510,000
AUTO REPAIR, GARAGE
Est. value
$960,000
RETAIL STORES
Est. value
$550,000
OFFICE BUILDING
Est. value
$490,000
MEDICAL BUILDING
Est. value
$445,000
COMMERCIAL (GENERAL)
Est. value
$420,000
RESTAURANT Current
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
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
2004
Heating
YES
Cooling
Yes
Stories
1
Units
3
Lot
0.06 ac
Current owner
From public records · entity-resolved
Ram Rentals LLC
Entity
Mailing address
7410 COUPLES CT, FORT COLLINS, CO 80528-8859
Ownership since
2022
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 3, 2022
$700,000
Ram Rentals LLC
Brandon D Bird
Special Warranty Deed
$525,000 · Adama Bank & Trust
Jun 21, 2018
—
Brandon D Bird
—
Deed
related
$262,916 · Advantage Bank
Mar 21, 2014
$185,000
Brandon D Bird
Advantage Bank
Special Warranty Deed
$157,250 · Advantage Bank
Mar 1, 2011
—
Advantage Bk
Public Trustee Of Weld County
Trustees Deed
related
—
Feb 10, 2011
$245,000
J Arthur Leasing LLC
Public Trustee Of Weld County
Certificate Of Purchase
$363,646
Nov 28, 2006
$479,000
J Arthur Leasing Co LLC
Geist,randall G
Warranty Deed
$100,000 · Randall G Geist
Nov 15, 2004
$383,670
Randall G Geist
J Arthur Real Estate LLC
Grant Deed
$368,210 · Bank Of Choice W Greeley
—
—
Randall G Geist
—
Deed Of Trust
related
$379,495 · Bank Of Choice W Greeley
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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