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Property profile & analytics
FOR LEASE
Investment properties
234 Main St Mead, CO 80542
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US13-2839501
For Lease
1 / 14
$14 SF/Yr
234 Main St, Mead, CO 80542
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2017
Total area
34,982 SF
Lot
0.84 ac (36,721 SF)
APN
R4729186
UPID
US13-2839501
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
$225k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$225k
Owner & transaction history
Mead Tc LLC · 2 yrs held
Mead Tc LLC
since 2023
Last sale
$225,000
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 Mead submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mead 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
$225,000
ML approach
$225,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$225k
Range $203k – $248k · ±10% · vs last sale $225k (Nov 14 2024)
Last sale anchor
$225k
Nov 14 2024
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
$6 / 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
$38,859
Tax year 2023
Assessed value
$386,980
Assessed 2023
Previous assessed
$386,980
+0.0% YoY
Effective rate
10.04%
On assessed value
Assessed land
$71,740
Assessed improvement
$315,240
Land market value
$257,136
Improvement market value
$1,129,905
Total market value
$1,387,041
Applied tax rate
5,512.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Lease
Year built
2017
Heating
CENTRAL
Cooling
CENTRAL
Stories
3
Total area
34,982 SF
Lot
0.84 ac (36,721 SF)
APN
R4729186
UPID
US13-2839501
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
Building & site characteristics
From public records
Year built
2017
Heating
CENTRAL
Cooling
Yes
Stories
3
Lot
0.84 ac
Current owner
From public records · entity-resolved
Mead Tc LLC
Entity
Mailing address
2 ADAMS STG, DENVER, CO 80206-5724
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
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2023
—
Mead Tc LLC
Reliable Lending Services
Quit Claim Deed
related
—
May 31, 2023
—
Welcome To Realty LLC 401k Psp
Welcome To Realty LLC 401k Psp
Intrafamily Transfer
related
—
May 11, 2023
—
Welcome To Realty LLC
Steve Reams
Sheriffs Deed
related
—
May 2, 2023
$405,000
Marxaire INC
Top Level Property Management LLC
Sheriffs Deed
related
—
Oct 6, 2022
—
Grand Stomp LLC
Norman Gauger
Quit Claim Deed
related
—
Mar 29, 2013
$225,000
Norman Gauger
Colorado E Bk & Trust
Grant Deed
—
Apr 25, 2012
—
Colorado E Bk & Trust
Frei,tim
Quit Claim Deed
related
—
Jul 14, 2008
$12,250
Timothy Frei
Great Wstn Railway Of Colorado Ll
Quit Claim Deed
related
—
Jul 14, 2008
$6,000
Timothy Frei
Great Western Railway Of Colorado L
Quit Claim Deed
related
$240,000 · Colorado East Bank & Trust
Mar 26, 2008
—
Joel Newcomb
—
Trustees Deed
related
$30,000 · Samson Pipis & Marsh LLC
Sep 19, 2006
—
Joel Newcomb
Glass,bruce A
Quit Claim Deed
related
—
Jan 27, 2006
$235,000
Tim Frei
Glass,bruce A
Warranty Deed
$188,000 · Bruce A Glass
—
—
Joel Newcomb
—
Deed Of Trust
related
$200,000 · Northern Colorado Towing LLC
—
—
Tim Frei
—
Deed Of Trust
related
$200,250 · Bruce Glass
—
—
Tim Frei
—
Deed Of Trust
related
$100,000 · Joel Newcomb
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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