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Property profile & analytics
OFF-MARKET
Estimated value
$1,950,000
Office buildings
271 Elm Ave Eaton, CO 80615-8264
Entity Owned
2-yr Hold
Free & Clear
Property ID
US13-1573995
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2021
Total area
9,062 SF
Lot
0.24 ac (10,585 SF)
APN
R3132804
UPID
US13-1573995
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
$2.05M
CAP Approach
CAP
$1.90M
Comparable Approach
Comparable
$1.20M
Blend (final)
Blend
$1.95M
Owner & transaction history
Eagle Elm LLC · 2 yrs held
Eagle Elm LLC
since 2023
Last sale
$2.3M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.7M
+4.3%
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 Eaton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Eaton 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
$1,930,000
ML approach
$2,050,000
CAP Approach
CAP Return
Estimation
6%
$2,055,000
6.5%
$1,895,000
7%
$1,760,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,660,000
Current use
RESTAURANT
$1,735,000
Change: +4% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$1,625,000
Change: -2% · Conversion: Difficult
RETAIL STORES
$1,555,000
Change: -6% · Conversion: Moderate
MEDICAL BUILDING
$1,510,000
Change: -9% · Conversion: Easy
WAREHOUSE, STORAGE
$1,480,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$1.95M
Range $1.76M – $2.15M · ±10% · vs last sale $2.31M (Nov 1 2023)
Last sale anchor
$2.31M
Nov 1 2023
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
$215 / 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
$14,621
Tax year 2023
Assessed value
$204,000
Assessed 2023
Previous assessed
$204,000
+0.0% YoY
Effective rate
7.17%
On assessed value
Assessed land
$30,990
Assessed improvement
$173,010
Land market value
$111,059
Improvement market value
$620,101
Total market value
$731,160
Applied tax rate
6,324.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2021
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
9,062 SF
Lot
0.24 ac (10,585 SF)
APN
R3132804
UPID
US13-1573995
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
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.7M
RESTAURANT
Est. value
$1.7M
INDUSTRIAL (GENERAL)
Est. value
$1.6M
RETAIL STORES
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.5M
WAREHOUSE, STORAGE
Est. value
$1.5M
OFFICE BUILDING Current
RESTAURANT
INDUSTRIAL (GENERAL)
RETAIL STORES
MEDICAL BUILDING
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2021
Heating
YES
Cooling
Yes
Stories
1
Lot
0.24 ac
Current owner
From public records · entity-resolved
Eagle Elm LLC
Entity
Free & Clear · 2 yrs held
Mailing address
361 71ST AVE, GREELEY, CO 80634-9782
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 1, 2024
—
Eagle Elm LLC
—
Deed
related
$1,200,000 · Points West Community Bank
Nov 1, 2023
—
Eagle Elm LLC
Golden Eye Investments LLC
Quit Claim Deed
related
—
Apr 20, 2023
$2,311,000
Golden Eye Investments LLC
Schroetlin Commercial Holdings LLC
Special Warranty Deed
—
Dec 27, 2022
—
Schhoetlin Commercial Holdings LLC
—
Deed
related
$653,000 · First National Bank
Jun 11, 2020
$52,000
Schroetlin Coml Hldgs LLC
Shane Powell
Grant Deed
—
Jun 11, 2020
—
Powell Lots LLC
Jennifer Powell
Correction Deed
related
—
Apr 16, 2020
—
Shane Powell
Powell Lots LLC
Quit Claim Deed
related
—
Sep 19, 2016
$235,000
Jennifer Powell
Brunner-renfroe R/e LLC
Grant Deed
—
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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