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Property profile & analytics
OFF-MARKET
Estimated value
$580,000
Office Spaces
2128 State Hwy 83 Franktown, CO 80116
Entity Owned
16-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US13-0998800
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1983
Construction
STEEL FRAME
Total area
3,132 SF
Lot
1.59 ac (69,260 SF)
APN
R0051756
UPID
US13-0998800
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
$415k
CAP Approach
CAP
$600k
Comparable Approach
Comparable
$723k
Blend (final)
Blend
$580k
Owner & transaction history
Sterling Auto Real Estate LLC · 16 yrs held
Sterling Auto Real Estate LLC
since 2010
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 Franktown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Franktown 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
$415,000
CAP Approach
CAP Return
Estimation
6%
$650,000
6.5%
$600,000
7%
$560,000
Blend value · Realmo final
$580k
Range $522k – $638k · ±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
$185 / 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
$29,067
Tax year 2023
Assessed value
$307,500
Assessed 2023
Previous assessed
$259,810
+18.4% YoY
Effective rate
9.45%
On assessed value
Assessed land
$28,990
Assessed improvement
$278,510
Land market value
$103,890
Improvement market value
$998,250
Total market value
$1,102,140
Applied tax rate
2,685.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1983
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Units
1
Total area
3,132 SF
Lot
1.59 ac (69,260 SF)
APN
R0051756
UPID
US13-0998800
Jurisdiction
DOUGLAS
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
1983
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
2
Units
1
Lot
1.59 ac
Current owner
From public records · entity-resolved
Sterling Auto Real Estate LLC
Entity
Mailing address
531 W MAIN ST, STERLING, CO 80751-3035
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 12, 2024
—
Sterling Auto Real Estate LLC
—
Deed
related
$3,200,000 · First Farmbank
Feb 12, 2019
—
Sterling Auto Real Estate LLC
—
Trustees Deed
related
$2,500,000 · First Farmbank
Jul 5, 2017
—
Sterling Auto Real Estate LLC
—
Trustees Deed
related
$500,000 · Bank Of Co
May 6, 2016
—
Sterling Auto Real Estate LLC
—
Grant Deed
related
$2,000,000 · Bank Of Co
Feb 10, 2010
—
Sterling Auto Real Estate LLC
Swieckowski,david R & Katherine A
Quit Claim Deed
related
—
Feb 10, 2010
$770,000
Sterling Auto Real Estate LLC
Dks Investments LLC
Grant Deed
$1,000,000 · Colorado Community Bank
Oct 12, 2005
—
Dks Investments LLC
Swieckowski,david R & Katherine A
Warranty Deed
—
Aug 7, 1998
—
David R Swieckowski
—
Grant Deed
related
$78,000 · Community First National Bank
—
—
Franktown Animal Clinic
—
Deed Of Trust
related
$493,000 · Community First National Bank
—
—
David R Swieckowski
—
Deed Of Trust
related
$15,000 · Community First National Bank
—
—
Sterling Auto Real Estate LLC
—
Deed Of Trust
related
$700,000 · Bank Of Co
—
—
David R Swieckowski
—
Deed Of Trust
related
$427,724 · Community First National 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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