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Property profile & analytics
OFF-MARKET
Car washes
530 Platte Ave Fort Morgan, CO 80701-2651
Individually Owned
10-yr Hold
~
Est. High Equity
Property ID
US13-2818277
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
1948
Construction
CONCRETE
Total area
4,183 SF
Lot
0.38 ac (16,500 SF)
APN
R005909
UPID
US13-2818277
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
-
Fusion - X Automatic Car Wash
-
DEBT FREE 101 Financial Advisor
-
THIELS INSURANCE Insurance Agency
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
Christopher D Bledsoe · 10 yrs held
Christopher D Bledsoe
since 2016
4 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 Fort Morgan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Morgan 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
$12,252
Tax year 2023
Assessed value
$159,300
Assessed 2023
Previous assessed
$116,570
+36.7% YoY
Effective rate
7.69%
On assessed value
Assessed land
$29,920
Assessed improvement
$129,380
Land market value
$107,250
Improvement market value
$463,740
Total market value
$570,990
Applied tax rate
25.0000
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
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
1948
Construction
CONCRETE
Heating
YES
Cooling
REFRIGERATOR
Stories
1
Rooms
1
Bathrooms
2
Total area
4,183 SF
Lot
0.38 ac (16,500 SF)
APN
R005909
UPID
US13-2818277
Jurisdiction
MORGAN
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
1948
Construction
CONCRETE
Heating
YES
Cooling
Yes
Stories
1
Rooms
1
Bathrooms
2
Lot
0.38 ac
Current owner
From public records · entity-resolved
Christopher D Bledsoe
Individual
Mailing address
19570 US HWY 34, FORT MORGAN, CO 80701-4311
Ownership since
2016
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
Mar 9, 2016
$449,900
Christopher D Bledsoe
Bnl Properties INC
Warranty Deed
$976,631 · Bank Of Co
Sep 15, 2009
—
Bnl Properties INC
4 Car Nuts LLC
Warranty Deed
—
Aug 17, 2006
$385,000
4 Car Nuts LLC
Becker,jon
Warranty Deed
—
—
—
4 Car Nuts LLC
—
Loan Modification
related
$193,136 · Farmers State Bank
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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