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Property profile & analytics
OFF-MARKET
Estimated value
$2,420,000
Retail space
261 Robinson St C-104 Basalt, CO 81621-8387
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US13-0075842
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2006
Total area
1,723 SF
Lot
0.02 ac (958 SF)
APN
2465 022 11 016
UPID
US13-0075842
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
-
Pauline Reohr, MD Physician Medical Clinic
-
Drew Taylor, MD Physician Medical Clinic
-
Aspen Dermatology (Willits) Medical Clinic Skin Care Clinic
-
Dr. Brooke Walls Physician Medical Clinic
-
Kirsten Kuhn Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.31M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.42M
Owner & transaction history
Auburn Ridge Capital LLC · 4 yrs held
Auburn Ridge Capital LLC
since 2021
Last sale
$2.6M
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 Basalt submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Basalt 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
$2,225,000
ML approach
$2,310,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.42M
Range $2.18M – $2.66M · ±10% · vs last sale $2.58M (Dec 30 2021)
Last sale anchor
$2.58M
Dec 30 2021
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
$1,405 / 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
$13,753
Tax year 2023
Assessed value
$164,280
Assessed 2023
Previous assessed
$138,440
+18.7% YoY
Effective rate
8.37%
On assessed value
Assessed improvement
$164,280
Improvement market value
$588,830
Total market value
$588,830
Applied tax rate
81.0000
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
2006
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Rooms
1
Bathrooms
1
Total area
1,723 SF
Lot
0.02 ac (958 SF)
APN
2465 022 11 016
UPID
US13-0075842
Jurisdiction
EAGLE
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
2006
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
1
Bathrooms
1
Lot
0.02 ac
Current owner
From public records · entity-resolved
Auburn Ridge Capital LLC
Entity
Mailing address
PO BOX 376, BASALT, CO 81621-0376
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 27, 2026
—
Auburn Ridge Capital LLC
—
Deed
related
$350,000 · Bank Of Colorado
Dec 30, 2021
$2,575,000
Auburn Ridge Capital LLC
Tochter LLC
Special Warranty Deed
—
Sep 12, 2019
—
Tochter LLC
—
Deed
related
$880,500 · Wells Fargo Bk
Apr 10, 2012
$680,100
Tochter LLC
Kappa Properties LLC
Grant Deed
$578,000 · Wells Fargo Bk
Nov 4, 2011
—
Corky Woods Ents LLC
Public Trustee Of Eagle County
Trustees Deed
related
—
Sep 28, 2011
$295,000
Bank Of Co
Public Trustee Of Eagle County
Certificate Of Purchase
related
$1,710,000
Aug 28, 2007
—
Corky Woods Ents LLC
—
Trustees Deed
related
$700,000 · Bank Of Colorado
Mar 9, 2007
—
Corky Woods Ents LLC
Triangle Park Lofts LLC
Warranty Deed
$1,710,000 · Bank Of Colorado
—
—
Tochter LLC
—
Loan Modification
related
$880,500 · Wells Fargo Bk
—
—
Corky Woods Ents LLC
—
Deed Of Trust
related
$950,000 · Bank Of Colorado
—
—
Bella Derma LLC
—
Deed Of Trust
related
$250,000 · Wells Fargo Bank
—
—
Corky Woods Ents LLC
—
Deed Of Trust
related
$783,000 · Community Economic Dev Co Co
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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