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Property profile & analytics
OFF-MARKET
Estimated value
$735,000
Warehouses
20845 Us Hwy 24 Woodland Park, CO 80863-8963
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US13-1158293
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1992
Total area
5,120 SF
Lot
6.71 ac (292,375 SF)
Zoning code
PBC
APN
7531.314000150
UPID
US13-1158293
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
$740k
CAP Approach
CAP
$740k
Comparable Approach
Comparable
$717k
Blend (final)
Blend
$735k
Owner & transaction history
Factory Direct Carpets INC · 4 yrs held
Factory Direct Carpets INC
since 2021
Last sale
$800,000
7 recorded transactions
Zoning & alternative use
PBC · Woodland Park, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$685,000
+43.9%
Commercial (general)
$655,000
+38.3%
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 Woodland Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Woodland Park 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
$745,000
ML approach
$740,000
CAP Approach
CAP Return
Estimation
6%
$800,000
6.5%
$740,000
7%
$685,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$475,000
Current use
OFFICE BUILDING
$685,000
Change: +44% · Conversion: Difficult
COMMERCIAL (GENERAL)
$655,000
Change: +38% · Conversion: Difficult
Blend value · Realmo final
$735k
Range $662k – $809k · ±10% · vs last sale $800k (Dec 22 2021)
Last sale anchor
$800k
Dec 22 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
$144 / 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
$12,500
Tax year 2023
Assessed value
$196,720
Assessed 2023
Previous assessed
$205,430
-4.2% YoY
Effective rate
6.35%
On assessed value
Assessed land
$163,140
Assessed improvement
$33,580
Land market value
$584,749
Improvement market value
$150,368
Total market value
$735,117
Applied tax rate
75.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1992
Heating
SPACE
Buildings
8
Stories
1
Rooms
1
Total area
5,120 SF
Lot
6.71 ac (292,375 SF)
Zoning code
PBC
APN
7531.314000150
UPID
US13-1158293
Jurisdiction
TELLER
Zoning & alternative use
PBC · Woodland Park, CO
Zoning PBC · permitted uses
PBC · Woodland Park, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Woodland Park. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$475,000
OFFICE BUILDING
Est. value
$685,000
COMMERCIAL (GENERAL)
Est. value
$655,000
WAREHOUSE, STORAGE Current
OFFICE BUILDING
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
1992
Heating
SPACE
Stories
1
Buildings
8
Rooms
1
Lot
6.71 ac
Current owner
From public records · entity-resolved
Factory Direct Carpets INC
Entity
Mailing address
PO BOX 5827, WOODLAND PARK, CO 80866-5827
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
Dec 22, 2021
$800,000
Factory Direct Carpets INC
Crystola Business Plaza LLC
Warranty Deed
$640,000 · Zb NA
Nov 7, 2019
$400,000
Sturdevant Financial LLC
Crystola Inn INC
Grant Deed
related
$300,000 · Crystola Inn LLC
Apr 3, 2007
—
Crystola Business Plaza LLC
Crystola Business Center LLC
Quit Claim Deed
related
$758,725 · Colorado Capital Bank
Dec 27, 2005
—
Crystola Business Center LLC
Seifert,karl
Quit Claim Deed
related
—
Jun 9, 2004
—
Crystola Business Center LLC
Seifert,karl
Grant Deed
$630,000 · First Community Bank
—
—
Crystola Business Center LLC
—
Deed Of Trust
related
$600,000 · Adams Bank & Trust
—
—
Crystola Business Plaza LLC
—
Deed Of Trust
related
$50,000 · Colorado Capital Bank
—
—
Crystola Business Plaza LLC
—
Deed Of Trust
related
$812,768 · Colorado Capital 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.
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