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Property profile & analytics
OFF-MARKET
Estimated value
$1,090,000
Warehouses
341 Frnt St Monument, CO 80132-9218
Individually Owned
22-yr Hold
Free & Clear
Property ID
US13-0319080
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,075 SF
Lot
0.71 ac (30,928 SF)
Zoning code
DB
APN
7115113006
UPID
US13-0319080
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
$750k
Comparable Approach
Comparable
$1.39M
Blend (final)
Blend
$1.09M
Owner & transaction history
ALLEN J KLIMECK
ALLEN J KLIMECK
Zoning & alternative use
DB · Monument, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Downtown Business (DB) zone district. 7. Commercial Center (CC) zone district. 8. Business Campus (BC) zone district. 9. Light Industrial (LI) zone district. 10. Public (P) zone district. B. In addition to the standard zoning districts listed in subsection (A) above, the following overlay zoning district is established: 1. Regency Park Overlay Zone District.…
Zone name
Downtown Business
General category
COMMERCIAL
Zone area
25.66 ac
Top alternative use upside
Commercial (general)
$1.7M
+4.4%
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 Monument submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monument 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%
$810,000
6.5%
$750,000
7%
$695,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,645,000
Current use
COMMERCIAL (GENERAL)
$1,720,000
Change: +4% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,610,000
Change: -2% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,405,000
Change: -15% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,375,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$1.09M
Range $981k – $1.20M · ±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
$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
$14,159
Tax year 2023
Assessed value
$207,360
Assessed 2023
Previous assessed
$207,360
+0.0% YoY
Effective rate
6.83%
On assessed value
Assessed land
$33,220
Assessed improvement
$174,140
Land market value
$119,073
Improvement market value
$624,167
Total market value
$743,240
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Total area
5,075 SF
Lot
0.71 ac (30,928 SF)
Zoning code
DB
APN
7115113006
UPID
US13-0319080
Jurisdiction
EL PASO
Zoning & alternative use
DB · Monument, COZoning DB · permitted uses
DB · Monument, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Downtown Business (DB) zone district. 7. Commercial Center (CC) zone district. 8. Business Campus (BC) zone district. 9. Light Industrial (LI) zone district. 10. Public (P) zone district. B. In addition to the standard zoning districts listed in subsection (A) above, the following overlay zoning district is established: 1. Regency Park Overlay Zone District. The Regency Park overlay zone district consists of the following zone districts: a.
Zone name
Downtown Business
General category
COMMERCIAL
Zone area
25.66 ac
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.4M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Lot
0.71 ac
Current owner
From public records · entity-resolved
ALLEN J KLIMECK
Individual
Free & Clear · 0 yrs held
Mailing address
PO BOX 607, MONUMENT, CO 80132-0607
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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