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Property profile & analytics
FOR LEASE
Theaters & concert halls
2050 Greeley Mall Greeley, CO 80631-8522
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US13-0448526
No photos on file
For Lease
Contact for pricing
2050 Greeley Mall, Greeley, CO 80631-8522
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Property profile
Verified
Property type
Theaters & concert halls
Use group
THEATER (MOVIE)
Year built
2003
Total area
45,755 SF
Lot
1.05 ac (45,755 SF)
APN
R2719704
UPID
US13-0448526
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
-
Spencers (Bike/Boat/Book/etc) Store
-
Proactiv Kiosk Cosmetic Store
-
Chinese massage Alternative Medicine Practice Spa & Massage Center
-
Brooklyn Village Clothing & Fashion Store
-
Mavericks Pizza LLC Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$735k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$735k
Owner & transaction history
Cap Development LLC · 4 yrs held
Cap Development LLC
since 2021
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 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
by Request
ML approach
$735,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$735k
Range $662k – $809k · ±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
$16 / 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
$75,498
Tax year 2023
Assessed value
$941,940
Assessed 2023
Previous assessed
$941,940
+0.0% YoY
Effective rate
8.02%
On assessed value
Assessed improvement
$941,940
Improvement market value
$3,376,117
Total market value
$3,376,117
Applied tax rate
4,049.0000
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
Theaters & concert halls
Use group
THEATER (MOVIE)
Status
For Lease
Year built
2003
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
12
Total area
45,755 SF
Lot
1.05 ac (45,755 SF)
APN
R2719704
UPID
US13-0448526
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
Building & site characteristics
From public records
Year built
2003
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
12
Lot
1.05 ac
Current owner
From public records · entity-resolved
Cap Development LLC
Entity
Free & Clear · 4 yrs held
Mailing address
9101 ALTA DR UNIT #1801, LAS VEGAS, NV 89145-8546
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 16, 2021
—
Cap Development LLC
Greeley Gkd LLC
Special Warranty Deed
—
Aug 8, 2019
—
Greeley Mall Co LLC
—
Loan Modification
related
$20,000,000 · Bank Of America
May 19, 2017
—
Greeley Mall Co LLC
—
Grant Deed
related
$7,500,000 · Bank Of America
Jan 27, 2011
$33,800,000
Greeley Mall I Of Gkd Fund I LLC
Public Trustee Of Weld County
Certificate Of Purchase
related
$41,400,000
Jul 31, 2006
$47,200,000
Greeley Mall I Of Gkd Fund I LLC
Macerich Greeley Assocs LLC
Grant Deed
related
$41,400,000 · Countrywide Com'l R E Fin
Jul 31, 2006
$2,000,000
Greeley Gkd LLC
Macerich Greeley Assocs LLC
Grant Deed
related
$3,640,000 · Lasalle National Bank
—
—
Greeley Gkd LLC
—
Loan Modification
related
$3,640,000 · Lasalle Bk
—
—
Greeley Gkd LLC
—
Deed Of Trust
related
$220,000 · Kholamian Nancy Trust (pt)
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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