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Property profile & analytics
OFF-MARKET
Estimated value
$430,000
Warehouses
2800 Ash St Milliken, CO 80543
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US13-1262393
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2011
Total area
7,200 SF
Lot
1 ac (43,560 SF)
APN
R0165101
UPID
US13-1262393
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
by Request
CAP Approach
CAP
$1.24M
Comparable Approach
Comparable
$1.34M
Blend (final)
Blend
$430k
Owner & transaction history
Cdr Investments LLC · 13 yrs held
Cdr Investments LLC
since 2013
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.4M
+17.1%
Office building
$1.3M
+12.3%
Industrial (general)
$1.3M
+9.9%
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 Milliken submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milliken 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,340,000
6.5%
$1,235,000
7%
$1,145,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,175,000
Current use
RESTAURANT
$1,375,000
Change: +17% · Conversion: Difficult
OFFICE BUILDING
$1,320,000
Change: +12% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,295,000
Change: +10% · Conversion: Easy
RETAIL STORES
$1,235,000
Change: +5% · Conversion: Moderate
MEDICAL BUILDING
$1,200,000
Change: +2% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,040,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$430k
Range $387k – $473k · ±10%
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
$60 / 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
$31,084
Tax year 2023
Assessed value
$301,320
Assessed 2023
Previous assessed
$301,320
+0.0% YoY
Effective rate
10.32%
On assessed value
Assessed land
$28,090
Assessed improvement
$273,230
Land market value
$100,676
Improvement market value
$979,324
Total market value
$1,080,000
Applied tax rate
5,739.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2011
Heating
RADIANT
Stories
1
Total area
7,200 SF
Lot
1 ac (43,560 SF)
APN
R0165101
UPID
US13-1262393
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
WAREHOUSE, STORAGE Current
Est. value
$1.2M
RESTAURANT
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.3M
INDUSTRIAL (GENERAL)
Est. value
$1.3M
RETAIL STORES
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.0M
WAREHOUSE, STORAGE Current
RESTAURANT
OFFICE BUILDING
INDUSTRIAL (GENERAL)
RETAIL STORES
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
2011
Heating
RADIANT
Stories
1
Lot
1 ac
Current owner
From public records · entity-resolved
Cdr Investments LLC
Entity
Mailing address
PO BOX 425, JOHNSTOWN, CO 80534-0425
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 17, 2013
—
Cdr Investments LLC
Cdr Propane Service LLC
Quit Claim Deed
related
—
Oct 30, 2006
$87,500
Cdr Propane Service LLC
Union Colony Bank
Warranty Deed
—
Aug 4, 2006
—
Union Colony Bank
Bernhardt,jim
Deed In Lieu Of Foreclosure
related
—
Sep 22, 2005
—
Lot Holding Investments LLC
Ronald O Ehrlich Ptshp Ltd Rll
Quit Claim Deed
related
$2,500,000 · Ronald O Ehrlich
Nov 30, 2004
—
Jim Bernhardt
—
Trustees Deed
related
$74,437 · Union Colony Bank
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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