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Property profile & analytics
OFF-MARKET
Office buildings
2 Colorado Blvd Idaho Springs, CO 80452-5032
Individually Owned
12-yr Hold
~
Est. High Equity
Property ID
US13-1138019
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1949
Construction
WOOD FRAME
Total area
2,066 SF
Lot
0.05 ac (2,153 SF)
APN
1835-352-00-201
UPID
US13-1138019
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Drakee L Schmid · 12 yrs held
Drakee L Schmid
since 2014
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Idaho Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Idaho Springs 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$397
Tax year 2023
Assessed value
$5,340
Assessed 2023
Previous assessed
$8,600
-37.9% YoY
Effective rate
7.43%
On assessed value
Assessed land
$580
Assessed improvement
$4,760
Land market value
$8,610
Improvement market value
$71,030
Total market value
$79,640
Applied tax rate
30.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1949
Construction
WOOD FRAME
Heating
SPACE
Stories
1
Total area
2,066 SF
Lot
0.05 ac (2,153 SF)
APN
1835-352-00-201
UPID
US13-1138019
Jurisdiction
CLEAR CREEK
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1949
Construction
WOOD FRAME
Heating
SPACE
Stories
1
Lot
0.05 ac
Current owner
From public records · entity-resolved
Drakee L Schmid
Individual
Mailing address
PO BOX 1522, IDAHO SPRINGS, CO 80452-1522
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 4, 2014
—
Drakee L Schmid
Robertson,eliott
Quit Claim Deed
related
—
Mar 1, 2011
$64,008
Eliott Robertson
Skyy Consulting
Warranty Deed
—
Feb 1, 2010
$50,200
Skyy Consulting
Wells Fargo Bank National Associati
Special Warranty Deed
$40,200 · Pari Investors & Co LLC
Jul 24, 2008
—
Bustinduy,thomas V JR
Public Trustee Of Clear Creek Cnt
Trustees Deed
—
Jun 19, 2008
$186,475
Wells Fargo Bank NA Tr
Public Trustee Of Clear Creek Cnt
Certificate Of Purchase
related
$172,000
—
—
William V K Macy
—
Deed Of Trust
related
$33,000 · Peak National Bank
—
—
Mary J Loevlie
—
Deed Of Trust
related
$20,000 · Peak National Bank
—
—
Thomas V Bustinduy
—
Deed Of Trust
related
$50,000 · Key Bank NA
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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