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Property profile & analytics
OFF-MARKET
Estimated value
$660,000
Warehouses
4760 Hwy 160 Pagosa Springs, CO 81147-4044
Entity Owned
4-yr Hold
Property ID
US13-1892730
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1983
Total area
3,762 SF
Lot
1 ac (43,560 SF)
Zoning code
COMMERCIAL
APN
569920300007
UPID
US13-1892730
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
-
Bucked off Boutique (Bike/Boat/Book/etc) Store
-
West End Tattoo Tattoo & Piercing Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$630k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$402k
Blend (final)
Blend
$660k
Owner & transaction history
Gulf Coast Sunset Properties LLC · 4 yrs held
Gulf Coast Sunset Properties LLC
since 2021
Last sale
$689,100
4 recorded transactions
Zoning & alternative use
COMMERCIAL · Pagosa Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+294.4%
Office building
$730,000
+164.7%
Retail stores
$485,000
+75.5%
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 Pagosa Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pagosa Springs 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
$640,000
ML approach
$630,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,090,000
Change: +294% · Conversion: Difficult
OFFICE BUILDING
$730,000
Change: +165% · Conversion: Difficult
RETAIL STORES
$485,000
Change: +76% · Conversion: Moderate
Blend value · Realmo final
$660k
Range $594k – $726k · ±10% · vs last sale $689k (Sep 13 2021)
Last sale anchor
$689k
Sep 13 2021
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
$175 / 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
$5,717
Tax year 2023
Assessed value
$97,920
Assessed 2023
Previous assessed
$86,480
+13.2% YoY
Effective rate
5.84%
On assessed value
Assessed land
$31,890
Assessed improvement
$66,030
Land market value
$157,001
Improvement market value
$634,699
Total market value
$791,700
Applied tax rate
50.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1983
Heating
FORCED AIR
Buildings
4
Stories
1
Total area
3,762 SF
Lot
1 ac (43,560 SF)
Zoning code
COMMERCIAL
APN
569920300007
UPID
US13-1892730
Jurisdiction
ARCHULETA
Zoning & alternative use
COMMERCIAL · Pagosa Springs, CO
Zoning COMMERCIAL · permitted uses
COMMERCIAL · Pagosa Springs, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pagosa Springs. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.1M
OFFICE BUILDING
Est. value
$730,000
RETAIL STORES
Est. value
$485,000
COMMERCIAL (GENERAL)
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
1983
Heating
FORCED AIR
Stories
1
Buildings
4
Lot
1 ac
Current owner
From public records · entity-resolved
Gulf Coast Sunset Properties LLC
Entity
Mailing address
PO BOX 471257, FORT WORTH, TX 76147-1257
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 13, 2021
$689,100
Gulf Coast Sunset Properties LLC
Sherrill L Heath LLC
Warranty Deed
$491,000 · First Southwest Bank
Jun 27, 2017
$399,000
Sherrill L Heath LLC
B&f Holdings LLC
Warranty Deed
$324,000 · Ernest Carey Etux
Apr 18, 2012
—
Wells Fargo Bank NA
Ruby M Thompson
Sheriffs Deed
related
—
Apr 11, 2012
—
Wells Fargo Bank NA
Ruby M Thompson
Sheriffs 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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