Individually Owned 
For Sale
1 / 21
$599,000
250 N Center St, Woodland Park, CO 80863
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Property summary
AI-generated overview
This renovated office building contains seven office rooms and two bathrooms, with one bathroom on each level and the lower-level bathroom designed to be ADA compliant. Building improvements included interior and exterior painting, window updates, updated or new flooring, and a renovated water heater; an attached garage was also renovated to support office parking and daily use. The property is located in the Central Business District of Woodland Park, Colorado, positioned across from Memorial Park and City Hall and near the post office, retail shops, and restaurants. Paved parking is available at the front/east side and along the north side of the site, and the property is approximately two blocks north of Highway 24.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1983
Total area
1,744 SF
Lot
0.14 ac (6,098 SF)
Zoning code
WP
APN
6329.241320040
UPID
US13-0963646
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Spa & Massage Center
-
Alternative Medicine Practice Spa & Massage Center
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$640k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$630k
Owner & transaction history
since 2021
Last sale
$605,000
3 recorded transactions
Zoning & alternative use
WP · Woodland Park, CO
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 6 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$630k
Value range
$567k – $693k
±10% around blend
Estimated value / SF
$361 / SF
Confidence
High
6 county-verified comps
Property data
100
Comparable evidence
60
$567k
blend $630k
$693k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
1,744 SF
Lot area
0.14 ac
Year built
1983
Stories
2
APN
6329.241320040
Zoning
WP
Assessed value
$116,900
Annual tax
$8,781
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$472k
Weighted, 6 comps · high confidence
Evidence
6 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
12.1 mi away · 1,250 SF
12.1 mi away · 1,250 SF
14.3 mi away · 1,646 SF
14.3 mi away · 1,353 SF
15.3 mi away · 1,500 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$630k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 6 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
Implied cap rate
2.90%
Implied, in-place cap rate for this office buildings
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
NOI (est.)
$42k *
Last sale · Jun 2021
$605k
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.46M
Move the market yield to see immediate price impact.
Value / SF
$837
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
2.40%2.90%3.40%
$38k
$1.59M
$1.31M
$1.12M
$42k
$1.76M
$1.46M
$1.25M
$47k
$1.94M
$1.61M
$1.37M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
6 found
High confidence · county-verified
Closest comparable
$330k
12.1 mi · Dec 2025 · $264/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$8,781
Tax year 2023
Assessed value
$116,900
Assessed 2023
Previous assessed
$99,400
+17.6% YoY
Effective rate
7.51%
On assessed value
Assessed land
$62,610
Assessed improvement
$54,290
Land market value
$224,419
Improvement market value
$224,593
Total market value
$449,012
Applied tax rate
63.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1983
Heating
ELECTRIC
Stories
2
Total area
1,744 SF
Lot
0.14 ac (6,098 SF)
Zoning code
WP
APN
6329.241320040
UPID
US13-0963646
Jurisdiction
TELLER
Zoning & alternative use
WP · Woodland Park, COZoning WP · permitted uses
WP · Woodland Park, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1983
Heating
ELECTRIC
Stories
2
Lot
0.14 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
WP
Jurisdiction
Woodland Park, CO
Recorded code
WP
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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