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Property profile & analytics
OFF-MARKET
Warehouses
239 9th St Montrose, CO 81401-3056
Entity Owned
Property ID
US13-1410835
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1993
Construction
STEEL FRAME
Total area
17,160 SF
Lot
2.66 ac (115,951 SF)
APN
3767-282-04-005
UPID
US13-1410835
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
-
Colorado Self Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
239 N 9 LLC
239 N 9 LLC
since 2026
Last sale
$6.7M
6 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 Montrose submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Montrose 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$49,334
Tax year 2023
Assessed value
$756,730
Assessed 2023
Previous assessed
$756,730
+0.0% YoY
Effective rate
6.52%
On assessed value
Assessed land
$128,030
Assessed improvement
$628,700
Land market value
$473,950
Improvement market value
$2,324,690
Total market value
$2,798,640
Applied tax rate
1,140.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1993
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Buildings
11
Stories
1
Units
1
Bathrooms
2
Total area
17,160 SF
Lot
2.66 ac (115,951 SF)
APN
3767-282-04-005
UPID
US13-1410835
Jurisdiction
MONTROSE
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
1993
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
11
Units
1
Bathrooms
2
Lot
2.66 ac
Current owner
From public records · entity-resolved
239 N 9 LLC
Entity
Mailing address
58 CORMORANT CIR, NEWPORT BEACH, CA 92660-2928
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 23, 2026
$6,700,000
239 N 9 LLC
Colorado Storage Partners LLC
Warranty Deed
$4,628,000 · Live Oak Banking Company
Oct 17, 2017
—
Colorado Storage Partners LLC
—
Deed
related
$2,800,000 · Skymar Capital Corporation
Aug 22, 2008
—
Catrina A Perez
Lois V Bercillio
Quit Claim Deed
related
—
Apr 29, 2008
$391,400
Colorado Storage Partners LLC
Victor M Warren Family Trust
Warranty Deed
$408,665 · Alpine Bank
Feb 27, 2007
—
Victor M Warren Family Trust
Bvi Montrose LLC
Warranty Deed
—
Feb 10, 2005
$1,850,000
Bvi Montrose LLC
Kangaroo Equities LLC
Warranty Deed
$1,295,000 · Bank Of The San Juans
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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