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Property profile & analytics
OFF-MARKET
Estimated value
$4,945,000
Retail space
2325 23rd Ave, Greeley, CO 80634-6633
Entity Owned
8-yr Hold
Free & Clear
Property ID
US13-2328459
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1989
Total area
41,383 SF
Lot
3.3 ac (143,922 SF)
APN
R8952082
UPID
US13-2328459
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
-
VASA Fitness Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.38M
Blend (final)
Blend
$4.95M
Owner & transaction history
Scf Rc Funding IV LLC · 8 yrs held
Scf Rc Funding IV LLC
since 2017
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 Greeley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greeley 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$7,910,000
Change: -7% · Conversion: Easy
OFFICE BUILDING
$7,625,000
Change: -11% · Conversion: Easy
MEDICAL BUILDING
$6,905,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$4.95M
Range $4.45M – $5.44M · ±10%
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
$119 / 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
$161,775
Tax year 2023
Assessed value
$2,008,800
Assessed 2023
Previous assessed
$2,008,800
+0.0% YoY
Effective rate
8.05%
On assessed value
Assessed land
$321,220
Assessed improvement
$1,687,580
Land market value
$1,151,320
Improvement market value
$6,048,680
Total market value
$7,200,000
Applied tax rate
600.0000
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
1989
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
41,383 SF
Lot
3.3 ac (143,922 SF)
APN
R8952082
UPID
US13-2328459
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
RESTAURANT
Est. value
$7.9M
OFFICE BUILDING
Est. value
$7.6M
MEDICAL BUILDING
Est. value
$6.9M
RESTAURANT
OFFICE BUILDING
MEDICAL 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
1989
Heating
YES
Cooling
Yes
Stories
1
Lot
3.3 ac
Current owner
From public records · entity-resolved
Scf Rc Funding IV LLC
Entity
Free & Clear · 8 yrs held
Mailing address
902 CARNEGIE CTR STE #520, PRINCETON, NJ 08540-6531
Ownership since
2017
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
Nov 17, 2017
$7,353,900
Scf Rc Funding IV LLC
Hd Greeley LLC
Grant Deed
—
Apr 22, 2016
$2,500,000
Hd Greeley LLC
Aspen Heights LLC
Grant Deed
$4,491,977 · Bank Of Ut
Mar 20, 2013
$600,000
Aspen Heights LLC
Ncp Opportunistic Fund Asset 1
Grant Deed
$400,000 · Sivulich Nancy L C Tr (pt)
Jun 3, 2010
$634,710
Ncp Opportunistic Fund Asset 1
Hampton Owned Colorado LLC
Grant Deed
—
Sep 5, 2007
$2,000,000
Hampton Owned Colorado LLC
Abs Rm Owner LLC
Special Warranty Deed
—
Mar 14, 2007
—
Abs Owner LLC
Abs Rm Investor LLC
Quit Claim Deed
related
$255,000,000 · Greenwich Cap Fin'l
Aug 18, 2006
$4,400,000
Abs Investor LLC
Albertsons LLC
Grant Deed
related
$1,689,279,700 · Greenwich Cap Fin'l
—
—
Hampton Owned Colorado LLC
—
Loan Modification
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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