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Property profile & analytics
OFF-MARKET
Estimated value
$660,000
Office Spaces
474 1st Ave Limon, CO 80828-2100
Entity Owned
Free & Clear
Property ID
US13-1837006
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1983
Construction
STEEL FRAME
Total area
4,000 SF
Lot
1.28 ac (55,539 SF)
APN
258516304001
UPID
US13-1837006
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
-
Eastern Colorado Veterinary Services Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$625k
Comparable Approach
Comparable
$700k
Blend (final)
Blend
$660k
Owner & transaction history
Limon Clinic Facility LLC
Limon Clinic Facility LLC
since 2026
6 recorded transactions
Zoning & alternative use
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 Limon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Limon 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%
$675,000
6.5%
$625,000
7%
$580,000
Blend value · Realmo final
$660k
Range $594k – $726k · ±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
$165 / 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
$6,923
Tax year 2023
Assessed value
$78,642
Assessed 2023
Previous assessed
$80,773
-2.6% YoY
Effective rate
8.80%
On assessed value
Assessed land
$19,368
Assessed improvement
$59,274
Land market value
$69,420
Improvement market value
$212,452
Total market value
$281,872
Applied tax rate
450.0000
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 Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1983
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
15
Bathrooms
2
Total area
4,000 SF
Lot
1.28 ac (55,539 SF)
APN
258516304001
UPID
US13-1837006
Jurisdiction
LINCOLN
Zoning & alternative use
Zoning · permitted uses
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
1983
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
15
Bathrooms
2
Lot
1.28 ac
Current owner
From public records · entity-resolved
Limon Clinic Facility LLC
Entity
Free & Clear · 0 yrs held
Mailing address
474 1ST AVE, LIMON, CO 80828-2100
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 27, 2026
—
Limon Clinic Facility LLC
Eastern Colorado Veterinary Service
Quitclaim Deed
related
—
Jul 30, 2019
—
Eastern Colorado Veterinary Service
—
Deed
related
$147,519 · First National Bank Of Hugo
Aug 2, 2012
$145,000
Eastern Colorado Veterinary Service
Highland Invesment Holdings LLC
Special Warranty Deed
$1,020,000 · Live Oak Banking Company
Feb 28, 2007
$148,000
Highland Investment Holdings LLC
Gary L Chandler
Warranty Deed
$120,000 · Dallas Thomas
Dec 11, 2006
—
Stanbert E Clay
Stanbert E Clay
Correction Deed
related
—
Aug 9, 2005
$150,000
Gary L Chandler
Stanbert E Clay
Warranty Deed
$115,000 · Stanbert E Clay Etal
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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