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Property profile & analytics
OFF-MARKET
Retail space
506 Harrison Ave Leadville, CO 80461-3558
Entity Owned
6-yr Hold
Free & Clear
Property ID
US13-1211593
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1888
Construction
WOOD
Total area
2,564 SF
Lot
0.04 ac (1,873 SF)
Zoning code
RC
APN
263324323010
UPID
US13-1211593
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
Cloud City Land LLC · 6 yrs held
Cloud City Land LLC
since 2019
6 recorded transactions
Zoning & alternative use
RC · Leadville, 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 Leadville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Leadville 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
$2,614
Tax year 2023
Assessed value
$25,015
Assessed 2023
Previous assessed
$22,071
+13.3% YoY
Effective rate
10.45%
On assessed value
Assessed land
$3,934
Assessed improvement
$21,081
Land market value
$30,471
Improvement market value
$185,880
Total market value
$216,351
Applied tax rate
114.0000
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
1888
Construction
WOOD
Heating
STEAM
Stories
1
Bathrooms
2
Total area
2,564 SF
Lot
0.04 ac (1,873 SF)
Zoning code
RC
APN
263324323010
UPID
US13-1211593
Jurisdiction
LAKE
Zoning & alternative use
RC · Leadville, CO
Zoning RC · permitted uses
RC · Leadville, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Leadville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1888
Construction
WOOD
Heating
STEAM
Stories
1
Bathrooms
2
Lot
0.04 ac
Current owner
From public records · entity-resolved
Cloud City Land LLC
Entity
Free & Clear · 6 yrs held
Mailing address
1901 DILLMAN ST, AUSTIN, TX 78703-2211
Ownership since
2019
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
Nov 25, 2019
—
Cloud City Land LLC
—
Deed
related
$150,000 · Play Systems LLC
Oct 22, 2019
—
Cloud City Land LLC
Deanna R Cline
Warranty Deed
—
Oct 3, 2019
$182,590
Cloudy City Land LLC
Raymond L Cline
Warranty Deed
—
Aug 10, 2009
—
Raymond L Cline
Raymond L Cline
Intrafamily Transfer
related
—
Jun 9, 2006
—
Raymond L Cline
Raymond L Cline
Intrafamily Transfer
related
—
May 25, 2006
—
Raymond L Cline
Raymond L Cline
Intrafamily Transfer
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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