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Property profile & analytics
OFF-MARKET
Office buildings
355 Ellicott Hwy Calhan, CO 80808-8877
Entity Owned
5-yr Hold
Free & Clear
Property ID
US13-0320927
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1979
Construction
WOOD FRAME
Total area
1,133 SF
Lot
4.75 ac (206,910 SF)
Zoning code
PUD
APN
2418001006
UPID
US13-0320927
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
Current use
Occupant on record · Public records
-
Wagon Trail mercantile Home Decor Store Department Store
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
Nat Co · 5 yrs held
Nat Co
since 2021
Last sale
$191,000
7 recorded transactions
Zoning & alternative use
PUD · Calhan, 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 Calhan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Calhan 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
Tax billed
$2,473
Tax year 2023
Assessed value
$55,070
Assessed 2023
Previous assessed
$55,070
+0.0% YoY
Effective rate
4.49%
On assessed value
Assessed land
$24,820
Assessed improvement
$30,250
Land market value
$88,971
Improvement market value
$108,412
Total market value
$197,383
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1979
Construction
WOOD FRAME
Heating
FORCED AIR
Stories
1
Total area
1,133 SF
Lot
4.75 ac (206,910 SF)
Zoning code
PUD
APN
2418001006
UPID
US13-0320927
Jurisdiction
EL PASO
Zoning & alternative use
PUD · Calhan, COZoning PUD · permitted uses
PUD · Calhan, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1979
Construction
WOOD FRAME
Heating
FORCED AIR
Stories
1
Lot
4.75 ac
Current owner
From public records · entity-resolved
Nat Co
Entity
Free & Clear · 5 yrs held
Mailing address
23550 HANDLE RD, CALHAN, CO 80808-8530
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 22, 2021
—
Nat Co
Equity Trust
Intrafamily Transfer
related
—
May 3, 2021
$191,000
Equity Trust Company Custodian
Clifford R Adams
Warranty Deed
—
Oct 22, 2009
$155,000
Clifford R Adams
Melrj #1 Lllp
Warranty Deed
$155,933 · Farmers State Bank Of Calhan
Dec 28, 2006
—
Meiry 1 Lllp
Kruger,linda R
Quit Claim Deed
related
—
May 25, 2006
—
Record Owner
Owner,record
Quit Claim Deed
related
—
Nov 21, 2002
$144,000
Ted J Schmidt
Silhouette Hills LLC
Grant Deed
$144,000 · Melr 1 Lllp
May 1, 1998
—
Silhouette Hills LLC
Searle,stanley M & Lorna K
Grant Deed
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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