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Property profile & analytics
OFF-MARKET
Estimated value
$670,000
Distribution centers
2100 Legacy Cir Elizabeth, CO 80107-8331
Entity Owned
16-yr Hold
Free & Clear
Property ID
US13-1207032
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2008
Total area
154,263 SF
Lot
15.55 ac (677,358 SF)
Zoning code
PUD
APN
85132-02-006
UPID
US13-1207032
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
-
Walmart House Cleaning Services Hardware & Home Improvement
-
Walmart Pharmacy Pharmacy
-
Walmart Pet Services Kennel & Boarding Facility
-
Walmart Home Services Social Service Agency
-
Jackson Hewitt Tax Service Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$670k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$670k
Owner & transaction history
WAL MART REAL EST BUSINESS TRUST
WAL MART REAL EST BUSINESS TRUST
Zoning & alternative use
PUD · Elizabeth, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
the PUD patrons. Off-street parking standards are defined in Article VI of this Chapter. (2) Pedestrian and bicycle pathway systems within and throughout the project (exclusive of required sidewalks adjacent to public right-of-way) and designed to connect into existing or planned pedestrian or bicycle routes outside the PUD. These pathway systems shall be de…
Zone name
Planned Unit Development District
General category
PLANNED_DEVELOPMENT
Zone area
259.45 ac
Source
Municipal Code
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 Elizabeth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elizabeth 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
$670,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$670k
Range $603k – $737k · ±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
$4 / 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
$280,787
Tax year 2023
Assessed value
$3,479,130
Assessed 2023
Previous assessed
$2,973,940
+17.0% YoY
Effective rate
8.07%
On assessed value
Assessed land
$294,110
Assessed improvement
$3,185,020
Land market value
$1,054,167
Improvement market value
$11,415,833
Total market value
$12,470,000
Applied tax rate
89.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2008
Heating
NONE
Total area
154,263 SF
Lot
15.55 ac (677,358 SF)
Zoning code
PUD
APN
85132-02-006
UPID
US13-1207032
Jurisdiction
ELBERT
Zoning & alternative use
PUD · Elizabeth, COZoning PUD · permitted uses
PUD · Elizabeth, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
the PUD patrons. Off-street parking standards are defined in Article VI of this Chapter. (2) Pedestrian and bicycle pathway systems within and throughout the project (exclusive of required sidewalks adjacent to public right-of-way) and designed to connect into existing or planned pedestrian or bicycle routes outside the PUD. These pathway systems shall be designed and constructed in accordance with the Town's development standards. The PUD shall employ trail systems that provide access to parks and open space interspersed at distances through blocks not to exceed six hundred sixty (660) feet in keeping
Zone name
Planned Unit Development District
General category
PLANNED_DEVELOPMENT
Zone area
259.45 ac
Source
Municipal Code
Building & site characteristics
From public records
Year built
2008
Heating
NONE
Lot
15.55 ac
Current owner
From public records · entity-resolved
WAL MART REAL EST BUSINESS TRUST
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 8050, BENTONVILLE, AR 72712-8055
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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