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Property profile & analytics
OFF-MARKET
Retail space
501 1st St, Pierce, CO 80650-8906
Individually Owned
9-yr Hold
Property ID
US13-0413592
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1957
Construction
FRAME
Total area
1,958 SF
Lot
0.24 ac (10,498 SF)
APN
R0676886
UPID
US13-0413592
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
by Request
Owner & transaction history
Julie Lynn Lukela · 9 yrs held
Julie Lynn Lukela
since 2017
7 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 Pierce submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pierce 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
$2,333
Tax year 2023
Assessed value
$48,920
Assessed 2023
Previous assessed
$48,920
+0.0% YoY
Effective rate
4.77%
On assessed value
Assessed land
$5,440
Assessed improvement
$43,480
Land market value
$45,151
Improvement market value
$360,851
Total market value
$406,002
Applied tax rate
940.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1957
Construction
FRAME
Heating
FORCED AIR
Stories
1
Rooms
7
Bathrooms
2
Total area
1,958 SF
Lot
0.24 ac (10,498 SF)
APN
R0676886
UPID
US13-0413592
Jurisdiction
WELD
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
1957
Construction
FRAME
Heating
FORCED AIR
Stories
1
Rooms
7
Bathrooms
2
Lot
0.24 ac
Current owner
From public records · entity-resolved
Julie Lynn Lukela
Individual
Mailing address
PO BOX 462, PIERCE, CO 80650-0462
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 2, 2017
$155,000
Julie Lynn Lukela
David Gordon Ferlic
Warranty Deed
$112,000 · Farmers Bank
May 19, 2016
$125,000
David G Ferlic
2001 Residential Trust
Warranty Deed
—
Feb 17, 2016
—
2001 Residential Trust
—
Trustees Deed
related
$170,000 · Lead Funding LLC Lead Funding LLC
Jan 15, 2014
$65,000
2001 Residential Trust
Hud-housing Of Urban Dev
Grant Deed
—
May 24, 2013
—
Hud-housing Of Urban Dev
Bank Of America
Grant Deed
—
Dec 3, 2012
—
Bank Of America
Deputy Public Te Of Weld Cnty
Trustees Deed
related
—
Nov 1, 2012
$108,239
Gary A Houglum
Public Trustee Of Weld County
Certificate Of Purchase
$108,300
May 12, 2006
$110,000
Gary A Houglum
Richard S Preshaw
Warranty Deed
$108,300 · Ampro Mortgage Corp
Jan 17, 2006
$57,000
Richard S Preshaw
Deutsche Bank Natl Trust Co
Grant Deed
$57,000 · Bank Of Choice W Greeley
Jul 29, 2005
—
Deutsche Bank Natl Trust Company
Public Trustee Of Weld County
Trustees Deed
related
—
May 11, 2005
$104,687
Deutsche Bank Natl Trust Company
Public Trustee Of Weld County
Trustees Deed
related
—
—
—
2001 Residential Trust
—
Deed Of Trust
related
$75,000 · Lead Funding LLC
—
—
Randy Aschenbrenner
—
Deed Of Trust
related
$45,000 · Joetta Burkey
—
—
Randy Aschenbrenner
—
Deed Of Trust
related
$45,000 · Joetta Burkey
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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