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Property profile & analytics
OFF-MARKET
Estimated value
$765,000
Commercial real estate
456 Kokopelli Blvd 10 Fruita, CO 81521-8723
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US13-0374741
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Year built
2005
Construction
STEEL FRAME
Total area
4,131 SF
Lot
0.42 ac (18,112 SF)
Zoning code
TCDD
APN
2697-173-22-010
UPID
US13-0374741
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
$765k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$623k
Blend (final)
Blend
$765k
Owner & transaction history
4k Properties Ltd · 1 yrs held
4k Properties Ltd
since 2024
Last sale
$765,000
7 recorded transactions
Zoning & alternative use
TCDD · Fruita, 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 Fruita submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fruita 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
$765,000
ML approach
$765,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$675,000
Current use
WAREHOUSE, STORAGE
$580,000
Change: -14% · Conversion: Difficult
OFFICE BUILDING
$580,000
Change: -14% · Conversion: Easy
RETAIL STORES
$560,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$765k
Range $689k – $842k · ±10% · vs last sale $765k (Nov 8 2024)
Last sale anchor
$765k
Nov 8 2024
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
$185 / 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
$14,359
Tax year 2023
Assessed value
$176,040
Assessed 2023
Previous assessed
$113,420
+55.2% YoY
Effective rate
8.16%
On assessed value
Assessed improvement
$176,040
Improvement market value
$630,960
Total market value
$630,960
Applied tax rate
11,600.0000
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
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Status
Off-Market
Year built
2005
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Total area
4,131 SF
Lot
0.42 ac (18,112 SF)
Zoning code
TCDD
APN
2697-173-22-010
UPID
US13-0374741
Jurisdiction
MESA
Zoning & alternative use
TCDD · Fruita, CO
Zoning TCDD · permitted uses
TCDD · Fruita, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fruita. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$675,000
WAREHOUSE, STORAGE
Est. value
$580,000
OFFICE BUILDING
Est. value
$580,000
RETAIL STORES
Est. value
$560,000
COMMERCIAL (GENERAL) Current
WAREHOUSE, STORAGE
OFFICE BUILDING
RETAIL STORES
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
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
0.42 ac
Current owner
From public records · entity-resolved
4k Properties Ltd
Entity
Mailing address
456 KOKOPELLI BLVD #10, FRUITA, CO 81521-8723
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Nov 8, 2024
—
4k Properties Ltd
Rodney A Smith
Quitclaim Deed
related
—
Jul 1, 2022
$765,000
Rodney A Smith
Martin Family Holdings LLC
Special Warranty Deed
$505,385 · Alpine Bank
Feb 26, 2018
—
Martin Family Holdings LLC
—
Deed
related
$249,000 · Bank Of Co
Jan 16, 2018
—
Martin Family Holdings LLC
Jrm Properties LLC
Warranty Deed
—
Apr 13, 2007
$561,000
Jrm Properties LLC
Tri Guardian Holdings LLC
Warranty Deed
$502,500 · Us Bank NA
Aug 3, 2006
$541,000
2287 K Road LLC
Kokopelli Retail Center LLC
Warranty Deed
—
—
—
Martin Family Holdings LLC
—
Deed Of Trust
related
$249,000 · Bank Of Co
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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