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Property profile & analytics
OFF-MARKET
Estimated value
$975,000
Warehouses
5291 State Hwy 115 Florence, CO 81226-8200
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US13-0453390
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1995
Total area
3,000 SF
Lot
3.34 ac (145,490 SF)
APN
98504405
UPID
US13-0453390
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
$975k
Owner & transaction history
Florence Holdings LLC · 3 yrs held
Florence Holdings LLC
since 2022
Last sale
$975,000
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 Florence submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Florence 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
$845,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$975k
Range $878k – $1.07M · ±10% · vs last sale $975k (Dec 19 2022)
Last sale anchor
$975k
Dec 19 2022
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
$325 / 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
$8,443
Tax year 2023
Assessed value
$138,656
Assessed 2023
Previous assessed
$158,952
-12.8% YoY
Effective rate
6.09%
On assessed value
Total market value
$496,972
Applied tax rate
29.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1995
Heating
NONE
Buildings
6
Stories
1
Total area
3,000 SF
Lot
3.34 ac (145,490 SF)
APN
98504405
UPID
US13-0453390
Jurisdiction
FREMONT
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
1995
Heating
NONE
Stories
1
Buildings
6
Lot
3.34 ac
Current owner
From public records · entity-resolved
Florence Holdings LLC
Entity
Mailing address
PO BOX 805, MIDWAY, UT 84049-0805
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2022
$975,000
Florence Holdings LLC
Eugene V Hance Trust
Special Warranty Deed
$800,000 · Eugene V Hance Trust
Nov 10, 2011
—
Hance,eugene V Trust
Hance,eugene V
Quit Claim Deed
related
—
Jan 31, 2011
—
Hance,e V Trust
Public Trustee Of Fremont County
Trustees Deed
related
—
Jan 5, 2011
$426,713
Hance,e V Trust
Public Trustee Of Fremont County
Certificate Of Purchase
$402,200
Aug 2, 2005
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Jul 21, 2004
—
Hance,harold E & Kathleen M
Public Trustee Of Fremont County
Trustees Deed
related
—
—
—
Hance,eugene V Trust
—
Deed Of Trust
related
$15,000 · Colorado East Bk
—
—
Harold E Hance
—
Deed Of Trust
related
$402,200 · Hance E V Trust (pt)
—
—
Colorado E Bk & Trust
—
Deed Of Trust
related
$101,420 · Colorado East Bk
—
—
Hance,e V Trust
—
Deed Of Trust
related
$101,420 · Colorado East Bk
—
—
Hance,eugene V Trust
—
Deed Of Trust
related
$15,000 · Colorado East Bk
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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