Back to Search
Property profile & analytics
OFF-MARKET
Commercial land
24 Sheol St Durango, CO 81301-8790
Individually Owned
1-yr Hold
Free & Clear
Property ID
US13-0535594
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.8 ac (34,804 SF)
APN
5089-243-22-058
UPID
US13-0535594
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
-
Durango Mountain Resort Hotel & Motel Resort
-
Purgatory Village Condo Hotel Hotel & Motel
-
Burton- On The Village Clothing Store
-
Durango Mountain Master Association Association Or Organization
-
Village Center Hotel & Motel Bed & Breakfast
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
Timothy Calkins · 1 yrs held
Timothy Calkins
since 2024
Last sale
$120,000
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 Durango submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Durango 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
$337
Tax year 2023
Assessed value
$4,000
Assessed 2023
Previous assessed
$3,480
+14.9% YoY
Effective rate
8.43%
On assessed value
Assessed land
$4,000
Land market value
$14,340
Total market value
$14,340
Applied tax rate
1,253.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
0.8 ac (34,804 SF)
APN
5089-243-22-058
UPID
US13-0535594
Jurisdiction
LA PLATA
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
Heating
NONE
Lot
0.8 ac
Current owner
From public records · entity-resolved
Timothy Calkins
Individual
Free & Clear · 1 yrs held
Mailing address
4910 WRIGHT RD NE STE #110, STAFFORD, TX 77477-4115
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 6, 2024
$2,110,000
Timothy Calkins
4b&w Land LLC
Special Warranty Deed
—
Aug 14, 2024
—
Benjamin K Jarvis
Jfam Holdings LLC
Quit Claim Deed
related
—
Aug 14, 2024
$87,300
Clare Castiglia
Benjamin K Jarvis
Special Warranty Deed
—
Oct 19, 2023
$120,000
Kyle Barrow
Needle Endeavors LLC
Special Warranty Deed
—
Jul 20, 2021
$625,000
Funk Family Revocable Trust
Leonard C Spadoni
Warranty Deed
—
Oct 27, 2020
—
Michael I Matheson
Timothy A Ternes
Grant Deed
related
—
Oct 3, 2011
—
Jfam Holdings LLC
Jarvis,benjamin & Patricia
Grant Deed
related
—
Feb 24, 2011
$247,000
Durango Pinnacle Partners LLC
Puddle Duck LLC
Grant Deed
—
Feb 24, 2011
$600,000
Puddle Duck LLC
Durango Pinnacle Partners LLC
Grant Deed
$176,500 · Community Banks Of Colorado
Feb 24, 2011
$675,000
Remy James Dev LLC
Durango Pinnacle Partners LLC
Grant Deed
$509,665 · Bank Of The San Juans
Apr 30, 2010
$799,900
Hemby Real Estate Co Ltd
Durango Pinnacle Partners LLC
Grant Deed
$560,000 · Community Banks Of Colorado
Oct 27, 2008
—
Durango Mountain Resort
Durango Pinnacle Partners LLC
Quit Claim Deed
related
—
Oct 6, 2008
—
Dsc & Purgatory LLC
Owner Name Unavailable
Grant Deed
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 24 Sheol St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.