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Property profile & analytics
OFF-MARKET
Estimated value
$830,000
Warehouses
22999 County Rd 23rd 34 Milliken, CO 80543
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US13-1433666
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2014
Total area
4,415 SF
Lot
2.13 ac (92,783 SF)
APN
R0165301
UPID
US13-1433666
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
$910k
CAP Approach
CAP
$760k
Comparable Approach
Comparable
$928k
Blend (final)
Blend
$830k
Owner & transaction history
Hh&t Holdings LLC · 6 yrs held
Hh&t Holdings LLC
since 2020
Last sale
$750,000
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$810,000
+12.3%
Retail stores
$755,000
+5.0%
Medical building
$735,000
+2.1%
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 Milliken submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milliken 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
$830,000
ML approach
$910,000
CAP Approach
CAP Return
Estimation
6%
$820,000
6.5%
$760,000
7%
$705,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$720,000
Current use
OFFICE BUILDING
$810,000
Change: +12% · Conversion: Difficult
RETAIL STORES
$755,000
Change: +5% · Conversion: Moderate
MEDICAL BUILDING
$735,000
Change: +2% · Conversion: Difficult
COMMERCIAL (GENERAL)
$640,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$830k
Range $747k – $913k · ±10% · vs last sale $750k (Jul 29 2020)
Last sale anchor
$750k
Jul 29 2020
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
$188 / 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
$29,786
Tax year 2023
Assessed value
$209,400
Assessed 2023
Previous assessed
$209,400
+0.0% YoY
Effective rate
14.22%
On assessed value
Assessed land
$59,650
Assessed improvement
$149,750
Land market value
$213,797
Improvement market value
$536,753
Total market value
$750,550
Applied tax rate
5,786.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2014
Heating
RADIANT
Stories
1
Total area
4,415 SF
Lot
2.13 ac (92,783 SF)
APN
R0165301
UPID
US13-1433666
Jurisdiction
WELD
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
WAREHOUSE, STORAGE Current
Est. value
$720,000
OFFICE BUILDING
Est. value
$810,000
RETAIL STORES
Est. value
$755,000
MEDICAL BUILDING
Est. value
$735,000
COMMERCIAL (GENERAL)
Est. value
$640,000
WAREHOUSE, STORAGE Current
OFFICE BUILDING
RETAIL STORES
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
2014
Heating
RADIANT
Stories
1
Lot
2.13 ac
Current owner
From public records · entity-resolved
Hh&t Holdings LLC
Entity
Mailing address
22999 COUNTY RD 2375, MILLIKEN, CO 80543-9500
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 29, 2020
$750,000
Hh&t Holdings LLC
Segrest Millikden Adventure LLC
Warranty Deed
$600,000 · First National Bank Of Omaha
Jun 27, 2014
$225,000
Segrest-milliken Adventure LLC
Lot Holding Invs LLC
Grant Deed
—
Sep 22, 2005
—
Lot Holding Investments LLC
Ronald O Ehrlich Ptshp Ltd Rll
Quit Claim Deed
related
$2,500,000 · Ronald O Ehrlich
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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