Back to Search
Property profile & analytics
OFF-MARKET
Turn key restaurants
292 Hwy 105 Palmer Lake, CO 80133-9029
Entity Owned
9-yr Hold
Free & Clear
Property ID
US13-2533532
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1909
Construction
WOOD FRAME
Total area
840 SF
Lot
0.14 ac (6,000 SF)
Zoning code
CC
APN
7105123008
UPID
US13-2533532
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Fullman Ventures LLC · 9 yrs held
Fullman Ventures LLC
since 2016
5 recorded transactions
Zoning & alternative use
CC · Palmer Lake, CO
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 Palmer Lake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palmer Lake 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
Assessed value
$30,690
Assessed 2023
Previous assessed
$30,690
+0.0% YoY
Assessed land
$20,670
Assessed improvement
$10,020
Land market value
$74,100
Improvement market value
$35,900
Total market value
$110,000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1909
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
4
Bathrooms
1
Total area
840 SF
Lot
0.14 ac (6,000 SF)
Zoning code
CC
APN
7105123008
UPID
US13-2533532
Jurisdiction
EL PASO
Zoning & alternative use
CC · Palmer Lake, CO
Zoning CC · permitted uses
CC · Palmer Lake, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palmer Lake. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1909
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
4
Bathrooms
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Fullman Ventures LLC
Entity
Free & Clear · 9 yrs held
Mailing address
4815 CHIPPEWA DR, LARKSPUR, CO 80118-8924
Ownership since
2016
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
Sep 27, 2016
$202,000
Fullman Ventures LLC
Front Range Epicurean LLC
Grant Deed
—
Jun 3, 2008
—
Record Owner
Owner,record
Quit Claim Deed
related
—
Jun 3, 2008
$177,114
Front Range Epicurean LLC
Brodt,robert W & Barbara R
Warranty Deed
$121,530 · Robert W & Barbara R Brodt
Nov 24, 2003
—
Barbara R Brodt
Berta,arnold
Quit Claim Deed
related
—
Jul 26, 2002
$150,000
Arnold Berta
Schubert,jerrel D
Grant Deed
related
$112,500 · Firstmerit Bank NA
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 292 Hwy 105?
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.
