Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,095,000
Residential income homes
19581 Rd 31 Dolores, CO 81323-8709
Entity Owned
4-yr Hold
Property ID
US13-1806292
Property profile
Verified
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Year built
1998
Total area
6,706 SF
Lot
29.24 ac (1,273,694 SF)
Zoning code
AR ES
APN
535903104004
UPID
US13-1806292
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
$1.08M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.10M
Owner & transaction history
Authentic Living Heartland LLC · 4 yrs held
Authentic Living Heartland LLC
since 2021
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
AR ES · Dolores, 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 Dolores submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dolores 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
$1,090,000
ML approach
$1,075,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,100,000
Change: 0% · Conversion: Moderate
COMMERCIAL (GENERAL)
$735,000
Change: 0% · Conversion: Moderate
RETAIL STORES
$705,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$685,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$1.10M
Range $986k – $1.20M · ±10% · vs last sale $1.10M (Nov 18 2021)
Last sale anchor
$1.10M
Nov 18 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
$163 / 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
$7,561
Tax year 2023
Assessed value
$310,250
Assessed 2023
Previous assessed
$69,903
+343.8% YoY
Effective rate
2.44%
On assessed value
Assessed land
$53,167
Assessed improvement
$257,083
Land market value
$183,335
Improvement market value
$886,493
Total market value
$1,069,828
Applied tax rate
42,030.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Status
Off-Market
Year built
1998
Heating
FORCED AIR
Buildings
2
Stories
2
Total area
6,706 SF
Lot
29.24 ac (1,273,694 SF)
Zoning code
AR ES
APN
535903104004
UPID
US13-1806292
Jurisdiction
MONTEZUMA
Zoning & alternative use
AR ES · Dolores, COZoning AR ES · permitted uses
AR ES · Dolores, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Code of Ordinances
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$735,000
RETAIL STORES
Est. value
$705,000
AUTO REPAIR, GARAGE
Est. value
$685,000
OFFICE BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
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
1998
Heating
FORCED AIR
Stories
2
Buildings
2
Lot
29.24 ac
Current owner
From public records · entity-resolved
Authentic Living Heartland LLC
Entity
Mailing address
PO BOX 1169, DOLORES, CO 81323-1169
Mailing matches property
Yes
Owner-occupied
Yes
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2025
—
Authentic Living Heartland LLC
—
Deed
related
$580,000 · The Dolores State Bank
Dec 28, 2021
—
Authentic Living Heartland LLC
—
Deed
related
$45,000 · The Dolores State Bank
Nov 18, 2021
—
Authentic Living Heartland LLC
Amanda Mariah Morris
Quit Claim Deed
related
—
May 26, 2020
—
Authentic Living Heartland LLC
Amanda Mariah Morris
Quit Claim Deed
related
—
Mar 17, 2020
$1,100,000
Amanda Mariah Morris
Vincent J Kramer
Special Warranty Deed
$881,240 · The Dolores State Bank
Jun 29, 2011
—
Sophia Retreat & Conference Center
Sophia Retreat & Conference Center
Quit Claim Deed
related
—
Oct 14, 2005
$1,725,000
Sophia Retreat And Conference Cente
Lesie Dawn Judice
Warranty 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.
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 19581 Rd 31?
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.
