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Property profile & analytics
FOR SALE
Retail space
228 Broadway St Eagle, CO 81631
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US13-1211542
For Sale
1 / 2
$590,000
228 Broadway St, Eagle, CO 81631
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1908
Total area
2,173 SF
Lot
0.07 ac (3,136 SF)
APN
1939 324 10 008
UPID
US13-1211542
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
$505k
CAP Approach
CAP
$470k
Comparable Approach
Comparable
$749k
Blend (final)
Blend
$590k
Owner & transaction history
228 Broadway LLC · 2 yrs held
228 Broadway LLC
since 2023
Last sale
$700,000
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 Eagle submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Eagle 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
$425,000
ML approach
$505,000
CAP Approach
CAP Return
Estimation
6%
$510,000
6.5%
$470,000
7%
$435,000
Blend value · Realmo final
$590k
Range $531k – $649k · ±10% · vs last sale $700k (Aug 18 2023)
Last sale anchor
$700k
Aug 18 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
$272 / 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
$8,521
Tax year 2023
Assessed value
$158,120
Assessed 2023
Previous assessed
$94,850
+66.7% YoY
Effective rate
5.39%
On assessed value
Assessed land
$21,800
Assessed improvement
$136,320
Land market value
$78,130
Improvement market value
$488,620
Total market value
$566,750
Applied tax rate
272.0000
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
For Sale
Year built
1908
Heating
FORCED AIR
Cooling
OTHER
Stories
1
Units
1
Rooms
3
Bathrooms
1
Total area
2,173 SF
Lot
0.07 ac (3,136 SF)
APN
1939 324 10 008
UPID
US13-1211542
Jurisdiction
EAGLE
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
1908
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
3
Bathrooms
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
228 Broadway LLC
Entity
Mailing address
PO BOX 1975, EAGLE, CO 81631-1975
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 18, 2023
$700,000
228 Broadway LLC
Seikcor Properties LLC
Warranty Deed
$450,000 · Seikcor Properties LLC
Jul 21, 2020
—
Seickor Properties LLC
—
Deed
related
$205,000 · Alpine Bank
Apr 10, 2018
—
Seikcor Properties
—
Deed
$217,000 · Community Bk/co
Jul 20, 2017
—
Enchantment Ents LLC
—
Deed
related
$35,000 · Randall M Guerriero
Jun 23, 2017
—
Enchantment Ents LLC
—
Deed
related
$50,000 · Randall M Guerriero
Jun 28, 2016
—
Enchantment Ents LLC
Beall,carmen
Grant Deed
—
—
—
Seikcor Properties
—
Deed Of Trust
$217,000 · Community Bk/co
—
—
Levi J Beall
—
Deed Of Trust
related
$250,000 · Alpine Bank
—
—
Enchantment Ents LLC
—
Deed Of Trust
related
$35,000 · Randall M Guerriero
—
—
Enchantment Ents LLC
—
Deed Of Trust
related
$50,000 · Randall M Guerriero
—
—
Seikcor Properties LLC
—
Deed Of Trust
related
$205,000 · Alpine Bk
—
—
Carmen Beall
—
Deed Of Trust
related
—
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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