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Property profile & analytics
OFF-MARKET
Retail space
213 Platte Ave Fort Morgan, CO 80701-2327
Entity Owned
2-yr Hold
Free & Clear
Property ID
US13-2200141
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1915
Construction
WOOD FRAME
Total area
1,928 SF
Lot
0.18 ac (7,750 SF)
APN
R004933
UPID
US13-2200141
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
F N F Properties LLC · 2 yrs held
F N F Properties LLC
since 2024
Last sale
$145,000
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 Fort Morgan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Morgan 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,487
Tax year 2023
Assessed value
$39,010
Assessed 2023
Previous assessed
$35,150
+11.0% YoY
Effective rate
6.38%
On assessed value
Assessed land
$14,760
Assessed improvement
$24,250
Land market value
$52,890
Improvement market value
$86,900
Total market value
$139,790
Applied tax rate
25.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1915
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
NONE
Stories
1
Rooms
1
Bathrooms
1
Total area
1,928 SF
Lot
0.18 ac (7,750 SF)
APN
R004933
UPID
US13-2200141
Jurisdiction
MORGAN
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
1915
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Rooms
1
Bathrooms
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
F N F Properties LLC
Entity
Free & Clear · 2 yrs held
Mailing address
204 MAIN ST, FORT MORGAN, CO 80701-2107
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 17, 2024
$145,000
F N F Properties LLC
Lori C Hulbert
Personal Representative Deed
—
Jan 17, 2024
—
The Wesley John Trust
Lori C Hulbert
Personal Representative Deed
—
Sep 14, 2022
—
Lori C Hulbert
Sara Allen
Deed
—
Feb 17, 2022
—
Sara Allen
Sara Allen
Deed Of Distribution
related
—
Jul 14, 2005
$99,900
Douglas J Marston
Frasco,jason L & Linda S
Warranty Deed
—
Jun 10, 2005
—
Dmsi Trust 2004-3
Greenpoint Mtg Funding INC
Grant Deed
—
Apr 21, 2005
—
Deutsche Bk Of Gmac 60 Wall Stree
Greenpoint Mtg Funding INC
Grant Deed
—
Apr 13, 2005
—
Greenpoint Mtg Funding INC
Public Trustee Of Morgan County
Trustees Deed
—
Jan 26, 2005
$87,977
Greenpoint Mtg Funding INC
Public Trustee Of Morgan County
Trustees Deed
related
—
Jan 12, 2004
—
Denni Sisk
Yuppy Property By Denni LLC
Quit Claim Deed
related
$81,000 · Greenpoint Mortgage Funding
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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