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Property profile & analytics
OFF-MARKET
Estimated value
$1,145,000
Retail space
231 Moraine Ave Estes Park, CO 80517
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US13-0074683
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,200 SF
Lot
0.25 ac (10,890 SF)
APN
35252-28-063
UPID
US13-0074683
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
Current use
Occupant on record · Public records
-
Full Throttle Distillery & Grill Estes Park Brewery & Distillery Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.16M
CAP Approach
CAP
$700k
Comparable Approach
Comparable
$935k
Blend (final)
Blend
$1.15M
Owner & transaction history
Ep Real Estate LLC · 5 yrs held
Ep Real Estate LLC
since 2021
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.9M
+42.9%
Apartment house (5+ units)
$1.7M
+24.3%
Medical building
$1.6M
+20.7%
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 Estes Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Estes Park 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
$1,120,000
ML approach
$1,155,000
CAP Approach
CAP Return
Estimation
6%
$760,000
6.5%
$700,000
7%
$650,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,330,000
Current use
RESTAURANT
$1,905,000
Change: +43% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,655,000
Change: +24% · Conversion: Difficult
MEDICAL BUILDING
$1,605,000
Change: +21% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,240,000
Change: -7% · Conversion: Difficult
OFFICE BUILDING
$1,215,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$1.15M
Range $1.03M – $1.26M · ±10% · vs last sale $1.26M (Feb 22 2021)
Last sale anchor
$1.26M
Feb 22 2021
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
$220 / 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
$19,145
Tax year 2023
Assessed value
$277,986
Assessed 2023
Previous assessed
$277,986
+0.0% YoY
Effective rate
6.89%
On assessed value
Assessed land
$43,503
Assessed improvement
$234,483
Land market value
$188,900
Improvement market value
$1,018,400
Total market value
$1,207,300
Applied tax rate
3,317.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
ELECTRIC
Stories
2
Total area
5,200 SF
Lot
0.25 ac (10,890 SF)
APN
35252-28-063
UPID
US13-0074683
Jurisdiction
LARIMER
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
RETAIL STORES Current
Est. value
$1.3M
RESTAURANT
Est. value
$1.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.2M
RETAIL STORES Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
ELECTRIC
Stories
2
Lot
0.25 ac
Current owner
From public records · entity-resolved
Ep Real Estate LLC
Entity
Mailing address
832 GEORGIA AVE #3, CHATTANOOGA, TN 37402-2207
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 22, 2021
$1,260,000
Ep Real Estate LLC
Trading Post Real Estate Holdings L
Special Warranty Deed
$1,260,000 · Noon Victory LLC
Jan 18, 2006
—
Trading Post R/e Holdings LLC
Yearsley,nancy L
Quit Claim Deed
related
—
Jan 4, 2006
$300,000
Nancy L Yearsley
Hedlesten,robert C
Warranty Deed
—
Mar 2, 2000
$164,700
Robert C Hedlesten
Henry,john H
Grant Deed
—
Jun 8, 1999
$325,000
John H Henry
Carr,alfred N & John R
Grant Deed
—
—
—
Trading Post R/e Holdings LLC
—
Deed Of Trust
related
$200,000 · Robert C & Susan K Hedlesten
—
—
Trading Post R/e Holdings LLC
—
Deed Of Trust
related
$200,000 · Robert C Hedlesten
—
—
Trading Post R/e Holdings LLC
—
Deed Of Trust
related
$50,000 · Robert C Hedlesten
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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