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Property profile & analytics
FOR LEASE
Retail space
201 S Elm Ave Eaton, CO 80615
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US13-0836554
For Lease
1 / 3
Contact for pricing
201 S Elm Ave, Eaton, CO 80615
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Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2004
Total area
17,754 SF
Lot
2.33 ac (101,451 SF)
APN
R4095106
UPID
US13-0836554
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
-
Subway Take-out & Catering Catering Service
-
Maplewood Wine & Spirits (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
Casa Maria Mexican Kitchen & Margaritas Restaurant
-
Double H Pet Supplies LLC (Bike/Boat/Book/etc) Store Pet Store & Service
-
Kate Farner Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.09M
Comparable Approach
Comparable
$1.99M
Blend (final)
Blend
$2.53M
Owner & transaction history
Sky INC · 9 yrs held
Sky INC
since 2017
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.4M
+11.5%
Office building
$3.3M
+6.9%
Industrial (general)
$3.2M
+4.7%
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 Eaton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Eaton 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,345,000
6.5%
$3,085,000
7%
$2,865,000
Alternative Use
Use
Estimation
RETAIL STORES
$3,045,000
Current use
RESTAURANT
$3,395,000
Change: +11% · Conversion: Easy
OFFICE BUILDING
$3,255,000
Change: +7% · Conversion: Easy
INDUSTRIAL (GENERAL)
$3,190,000
Change: +5% · Conversion: Difficult
MEDICAL BUILDING
$2,960,000
Change: -3% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,900,000
Change: -5% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,565,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$2.53M
Range $2.28M – $2.78M · ±10%
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
$143 / 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
$66,014
Tax year 2023
Assessed value
$891,600
Assessed 2023
Previous assessed
$891,600
+0.0% YoY
Effective rate
7.40%
On assessed value
Assessed land
$148,610
Assessed improvement
$742,990
Land market value
$532,670
Improvement market value
$2,663,050
Total market value
$3,195,720
Applied tax rate
6,324.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
2004
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
17,754 SF
Lot
2.33 ac (101,451 SF)
APN
R4095106
UPID
US13-0836554
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
RETAIL STORES Current
Est. value
$3.0M
RESTAURANT
Est. value
$3.4M
OFFICE BUILDING
Est. value
$3.3M
INDUSTRIAL (GENERAL)
Est. value
$3.2M
MEDICAL BUILDING
Est. value
$3.0M
WAREHOUSE, STORAGE
Est. value
$2.9M
COMMERCIAL (GENERAL)
Est. value
$2.6M
RETAIL STORES Current
RESTAURANT
OFFICE BUILDING
INDUSTRIAL (GENERAL)
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
Lot
2.33 ac
Current owner
From public records · entity-resolved
Sky INC
Entity
Mailing address
1741 STERLING CT, HIGHLANDS RANCH, CO 80126-4242
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 10, 2017
$3,050,000
Sky INC
Maplewood I Investemtns LLC
Warranty Deed
$2,150,000 · Farmers & Merchants Bank Of Colby
—
—
Maplewood I Investments LLC
—
Deed Of Trust
related
$1,700,000 · Wells Fargo Bank
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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