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Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Turn key restaurants
1950 Legacy Trl Elizabeth, CO 80107-8318
Entity Owned
4-yr Hold
Free & Clear
Property ID
US13-1198250
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2022
Total area
4,578 SF
Lot
1.08 ac (46,914 SF)
Zoning code
PUD
APN
85132-02-010
UPID
US13-1198250
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
$585k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$635k
Owner & transaction history
Huton Elizabeth Co St LLC · 4 yrs held
Huton Elizabeth Co St LLC
since 2022
Last sale
$630,000
5 recorded transactions
Zoning & alternative use
PUD · Elizabeth, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
the PUD patrons. Off-street parking standards are defined in Article VI of this Chapter. (2) Pedestrian and bicycle pathway systems within and throughout the project (exclusive of required sidewalks adjacent to public right-of-way) and designed to connect into existing or planned pedestrian or bicycle routes outside the PUD. These pathway systems shall be de…
Zone name
Planned Unit Development District
General category
PLANNED_DEVELOPMENT
Zone area
259.45 ac
Source
Municipal Code
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 Elizabeth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elizabeth 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
$640,000
ML approach
$585,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$890,000
Change: 0% · Conversion: Easy
RETAIL STORES
$540,000
Change: 0% · Conversion: Easy
Blend value · Realmo final
$635k
Range $572k – $699k · ±10% · vs last sale $630k (Jun 27 2022)
Last sale anchor
$630k
Jun 27 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
$139 / 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
$36,219
Tax year 2023
Assessed value
$478,410
Assessed 2023
Previous assessed
$478,410
+0.0% YoY
Effective rate
7.57%
On assessed value
Assessed land
$128,690
Assessed improvement
$349,720
Land market value
$461,260
Improvement market value
$1,253,480
Total market value
$1,714,740
Applied tax rate
2.0000
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
2022
Heating
NONE
Total area
4,578 SF
Lot
1.08 ac (46,914 SF)
Zoning code
PUD
APN
85132-02-010
UPID
US13-1198250
Jurisdiction
ELBERT
Zoning & alternative use
PUD · Elizabeth, COZoning PUD · permitted uses
PUD · Elizabeth, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
the PUD patrons. Off-street parking standards are defined in Article VI of this Chapter. (2) Pedestrian and bicycle pathway systems within and throughout the project (exclusive of required sidewalks adjacent to public right-of-way) and designed to connect into existing or planned pedestrian or bicycle routes outside the PUD. These pathway systems shall be designed and constructed in accordance with the Town's development standards. The PUD shall employ trail systems that provide access to parks and open space interspersed at distances through blocks not to exceed six hundred sixty (660) feet in keeping
Zone name
Planned Unit Development District
General category
PLANNED_DEVELOPMENT
Zone area
259.45 ac
Source
Municipal Code
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$890,000
RETAIL STORES
Est. value
$540,000
COMMERCIAL (GENERAL)
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
2022
Heating
NONE
Lot
1.08 ac
Current owner
From public records · entity-resolved
Huton Elizabeth Co St LLC
Entity
Free & Clear · 4 yrs held
Mailing address
PO BOX 182571, COLUMBUS, OH 43218-2571
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2022
$630,000
Huton Elizabeth Co St LLC
Wild Pointe Investment Properties L
Special Warranty Deed
—
Apr 8, 2021
—
Wild Pointe Investment Propert
Rlf Wild Pointe Properties LLC
Quit Claim Deed
related
—
Apr 30, 2012
—
Rlf Wild Pointe Properties LLC
Elbert & Hwy 86 LLC
Grant Deed
related
—
Apr 25, 2012
—
Rlf Wild Pointe Properties LLC
Owner Name Unavailable
Grant Deed
related
—
Aug 22, 2007
—
Shops At Wild Pointe LLC
Owner Name Unavailable
Quit Claim Deed
related
—
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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