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Property profile & analytics
OFF-MARKET
Estimated value
$5,150,000
Assisted living facilities
211 3rd Ave Mancos, CO 81328-9079
Individually Owned
~
Est. High Equity
Property ID
US13-1772388
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1992
Total area
33,951 SF
Lot
9.16 ac (399,010 SF)
Zoning code
MFR-1
APN
560528200018
UPID
US13-1772388
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
$5.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.15M
Owner & transaction history
Valley Ehabiliation & Healthcare Ct
Valley Ehabiliation & Healthcare Ct
since 2025
Last sale
$5.3M
2 recorded transactions
Zoning & alternative use
MFR-1 · Mancos, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
cts: Table 16-3.1: Table of Zone Districts Residential Districts AR Agriculture Residential AR-C Agriculture Residential Cluster SFR-1 Single-Family Residential Low Density SFR-2 Single-Family Residential Medium Density MFR-1 Multifamily Residential Low Density MFR-2 Multifamily Residential Medium Density PUD Planned Unit Development Mixed-Use Districts DMU…
Zone name
Multi Family Residential Low Density
General category
RESIDENTIAL
Zone area
16.52 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 Mancos submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mancos 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
$4,985,000
ML approach
$5,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$5,565,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,735,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$3,565,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,460,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$5.15M
Range $4.64M – $5.67M · ±10% · vs last sale $5.31M (Sep 7 2022)
Last sale anchor
$5.31M
Sep 7 2022
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
$152 / 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
$10,399
Tax year 2023
Assessed value
$157,571
Assessed 2023
Previous assessed
$135,944
+15.9% YoY
Effective rate
6.60%
On assessed value
Assessed land
$7,267
Assessed improvement
$150,304
Land market value
$91,300
Improvement market value
$1,888,243
Total market value
$1,979,543
Applied tax rate
61,039.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1992
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Total area
33,951 SF
Lot
9.16 ac (399,010 SF)
Zoning code
MFR-1
APN
560528200018
UPID
US13-1772388
Jurisdiction
MONTEZUMA
Zoning & alternative use
MFR-1 · Mancos, COZoning MFR-1 · permitted uses
MFR-1 · Mancos, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
cts: Table 16-3.1: Table of Zone Districts Residential Districts AR Agriculture Residential AR-C Agriculture Residential Cluster SFR-1 Single-Family Residential Low Density SFR-2 Single-Family Residential Medium Density MFR-1 Multifamily Residential Low Density MFR-2 Multifamily Residential Medium Density PUD Planned Unit Development Mixed-Use Districts DMU Downtown Mixed-Use CMU Corridor Mixed-Use Nonresidential Districts C Commercial LI Li
Zone name
Multi Family Residential Low Density
General category
RESIDENTIAL
Zone area
16.52 ac
Source
municipal code
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$5.6M
COMMERCIAL (GENERAL)
Est. value
$3.7M
RETAIL STORES
Est. value
$3.6M
AUTO REPAIR, GARAGE
Est. value
$3.5M
OFFICE BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
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
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
9.16 ac
Current owner
From public records · entity-resolved
Valley Ehabiliation & Healthcare Ct
Individual
Mailing address
575 RTE 70, BRICK, NJ 08723-4042
Ownership since
2025
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
Dec 3, 2025
—
Valley Ehabiliation & Healthcare Ct
Centennial 7 Master Tenant LLC
Deed
$9,349,000 · Vium Capital LLC
Sep 7, 2022
$5,305,000
The Valley Realty LLC
Animas Equity INC
Special Warranty Deed
$47,731,000 · Merchants Bank Of Indiana
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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