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Property profile & analytics
OFF-MARKET
Estimated value
$860,000
Assisted living facilities
421 Hwy 105 Palmer Lake, CO 80133-9003
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US13-1151435
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2005
Construction
WOOD FRAME
Total area
15,769 SF
Lot
14.12 ac (615,067 SF)
Zoning code
PUD
APN
7109012010
UPID
US13-1151435
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
$860k
Owner & transaction history
Rvplre LLC · 11 yrs held
Rvplre LLC
since 2015
7 recorded transactions
Zoning & alternative use
PUD · Palmer Lake, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of PUD zone is to provide a unified approach to planning, design, and development, to encourage flexibility, innovation of quality design, and a variety of development types, to facilitate the adequate and efficient provision of streets, utilities, and municipal services, to encourage energy efficiency and conservation of energy and natural resou…
Zone name
Planned Unit Development
General category
PLANNED_DEVELOPMENT
Zone area
134.31 ac
Source
Realmo
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$575,000
Current use
Blend value · Realmo final
$860k
Range $774k – $946k · ±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
$55 / 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
Assessed value
$1,694,800
Assessed 2023
Previous assessed
$1,694,800
+0.0% YoY
Assessed land
$283,150
Assessed improvement
$1,411,650
Land market value
$1,014,861
Improvement market value
$5,059,694
Total market value
$6,074,555
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
2005
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
3
Stories
2
Units
21
Total area
15,769 SF
Lot
14.12 ac (615,067 SF)
Zoning code
PUD
APN
7109012010
UPID
US13-1151435
Jurisdiction
EL PASO
Zoning & alternative use
PUD · Palmer Lake, COZoning PUD · permitted uses
PUD · Palmer Lake, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of PUD zone is to provide a unified approach to planning, design, and development, to encourage flexibility, innovation of quality design, and a variety of development types, to facilitate the adequate and efficient provision of streets, utilities, and municipal services, to encourage energy efficiency and conservation of energy and natural resources
Zone name
Planned Unit Development
General category
PLANNED_DEVELOPMENT
Zone area
134.31 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$575,000
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
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
2005
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
Yes
Stories
2
Buildings
3
Units
21
Lot
14.12 ac
Current owner
From public records · entity-resolved
Rvplre LLC
Entity
Mailing address
1 FINANCIAL PLZ STE #1101, FORT LAUDERDALE, FL 33394-0004
Ownership since
2015
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
Jun 12, 2017
—
Rvplre LLC
—
Deed
related
—
Jul 21, 2016
—
Rvplre LLC
—
Deed
related
$34,100,000 · Healthcare Financial Solution LLC Healthcare Financial Solution LLC
Mar 3, 2015
$5,900,000
Rvplre LLC
Palmer Divide Resort Group LLP
Grant Deed
—
Apr 20, 2009
—
Palmer Divide Resort Group LLP
—
Trustees Deed
related
$460,000 · Ppf Newco LLC
—
—
Rvplre LLC
—
Deed Of Trust
related
$34,100,000 · Healthcare Financial Solution LLC Healthcare Financial Solution LLC
—
—
Palmer Divide Resort Group LLP
—
Deed Of Trust
related
$2,000,000 · Denver Urban Economic Dev Corp
—
—
Rvplre LLC
—
Loan Modification
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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