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Property profile & analytics
OFF-MARKET Estimated value $505,000
Banks

333 Aspen Ave Fruita, CO 81521-2503

2,529 SF 0.75 ac lot Built 2020
Individually Owned 22-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US13-2688317
Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 2020
Construction WOOD
Total area 2,529 SF
Lot 0.75 ac (32,670 SF)
Zoning code DMU
APN 2697-172-56-001
UPID US13-2688317
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
$420k
CAP Approach CAP
by Request
Comparable Approach Comparable
$590k
Blend (final) Blend
$505k
Owner & transaction history
Jeryl N Beard · 22 yrs held
Jeryl N Beard
since 2004
4 recorded transactions
2004
$165,000
2001
$95,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
DMU · Fruita, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Overlay, and in the Downtown Mixed Use (DMU), and Commercial-1 (C-1) zones. Accessory dwelling units must be located on a lot that contains a principle single-family dwelling unit and cannot exceed one thousand (1,000) square feet of heated floor area, or fifty (50) percent of the size of the principle single-family dwelling; whichever is greater. Accessory…

Zone name Downtown Mixed Use
General category MIXED_USE
Zone area 64.73 ac
Source municipal code
Top alternative use upside
Commercial (general) $465,000 +34.9%
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