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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Office buildings
21750 Hwy 74 Idledale, CO 80453-5034
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US13-1196298
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1960
Construction
FRAME
Total area
1,017 SF
Lot
0.19 ac (8,293 SF)
APN
40-321-04-009
UPID
US13-1196298
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
$575k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$560k
Owner & transaction history
Craig Levy · 3 yrs held
Craig Levy
since 2023
Last sale
$550,000
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$890,000
+310.4%
Auto repair, garage
$525,000
+142.0%
Neighborhood: shopping center
$470,000
+116.1%
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 Idledale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Idledale 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
$565,000
ML approach
$575,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$890,000
Change: +310% · Conversion: Easy
AUTO REPAIR, GARAGE
$525,000
Change: +142% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$470,000
Change: +116% · Conversion: Difficult
Blend value · Realmo final
$560k
Range $504k – $616k · ±10% · vs last sale $550k (Jun 1 2023)
Last sale anchor
$550k
Jun 1 2023
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
$551 / 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
$9,685
Tax year 2023
Assessed value
$57,176
Assessed 2023
Previous assessed
$57,176
+0.0% YoY
Effective rate
16.94%
On assessed value
Assessed land
$7,890
Assessed improvement
$49,286
Land market value
$45,612
Improvement market value
$367,696
Total market value
$413,308
Applied tax rate
4,539.0000
Comparables
4 recent transactions · within 1.5 miComparable in this city
4 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 buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1960
Construction
FRAME
Heating
FORCED AIR
Buildings
2
Stories
2
Rooms
1
Bathrooms
1
Total area
1,017 SF
Lot
0.19 ac (8,293 SF)
APN
40-321-04-009
UPID
US13-1196298
Jurisdiction
JEFFERSON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$890,000
AUTO REPAIR, GARAGE
Est. value
$525,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$470,000
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1960
Construction
FRAME
Heating
FORCED AIR
Stories
2
Buildings
2
Rooms
1
Bathrooms
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
Craig Levy
Individual
Mailing address
21750 HWY 74, IDLEDALE, CO 80453-5034
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 1, 2023
$550,000
Craig Levy
Starbuck Heights LLC
Warranty Deed
$450,000 · Starbuck Heights LLC
Feb 1, 2013
$133,000
Starbuck Heights LLC
Mutual Of Omaha Bk
Grant Deed
—
Aug 29, 2012
$133,000
Starbuck Heights LLC
Mutual Of Omaha Bk
Grant Deed
—
Feb 8, 2011
—
Mutual Of Omaha Bk
Deputy Public Te Of Jefferson Cnt
Trustees Deed
related
—
—
—
Lee H Veldhouse
—
Deed Of Trust
related
$30,000 · Peak National Bank
—
—
Lee H Veldhouse
—
Deed Of Trust
related
$70,000 · L & M Mortgage Service
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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