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Property profile & analytics
OFF-MARKET
Estimated value
$725,000
Warehouses
535 Lone Tree Cira Nunn, CO 80648-7022
Entity Owned
5-yr Hold
Free & Clear
Property ID
US13-2496833
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2012
Total area
5,400 SF
Lot
2.71 ac (118,178 SF)
APN
R8970555
UPID
US13-2496833
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
$760k
CAP Approach
CAP
$925k
Comparable Approach
Comparable
$616k
Blend (final)
Blend
$725k
Owner & transaction history
Spcy Holdings LLC · 5 yrs held
Spcy Holdings LLC
since 2021
Last sale
$700,000
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.0M
+17.1%
Office building
$990,000
+12.3%
Industrial (general)
$970,000
+9.9%
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 Nunn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Nunn 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
$750,000
ML approach
$760,000
CAP Approach
CAP Return
Estimation
6%
$1,005,000
6.5%
$925,000
7%
$860,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$880,000
Current use
RESTAURANT
$1,030,000
Change: +17% · Conversion: Difficult
OFFICE BUILDING
$990,000
Change: +12% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$970,000
Change: +10% · Conversion: Easy
RETAIL STORES
$925,000
Change: +5% · Conversion: Moderate
MEDICAL BUILDING
$900,000
Change: +2% · Conversion: Difficult
COMMERCIAL (GENERAL)
$780,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$725k
Range $653k – $798k · ±10% · vs last sale $700k (Apr 9 2021)
Last sale anchor
$700k
Apr 9 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
$134 / 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
$11,349
Tax year 2023
Assessed value
$185,530
Assessed 2023
Previous assessed
$185,530
+0.0% YoY
Effective rate
6.12%
On assessed value
Assessed land
$49,460
Assessed improvement
$136,070
Land market value
$177,282
Improvement market value
$487,718
Total market value
$665,000
Applied tax rate
968.0000
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2012
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
5,400 SF
Lot
2.71 ac (118,178 SF)
APN
R8970555
UPID
US13-2496833
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
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$880,000
RESTAURANT
Est. value
$1.0M
OFFICE BUILDING
Est. value
$990,000
INDUSTRIAL (GENERAL)
Est. value
$970,000
RETAIL STORES
Est. value
$925,000
MEDICAL BUILDING
Est. value
$900,000
COMMERCIAL (GENERAL)
Est. value
$780,000
WAREHOUSE, STORAGE Current
RESTAURANT
OFFICE BUILDING
INDUSTRIAL (GENERAL)
RETAIL STORES
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
2012
Heating
YES
Cooling
Yes
Stories
1
Lot
2.71 ac
Current owner
From public records · entity-resolved
Spcy Holdings LLC
Entity
Free & Clear · 5 yrs held
Mailing address
1304 DUFF DR STE #8, FORT COLLINS, CO 80524-2700
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 18, 2023
—
Spcy Holdings LLC
—
Deed
related
$50,000 · Mark K Shimoda
Apr 9, 2021
$700,000
Spcy Holdings LLC
Soar S V LLC
Warranty Deed
—
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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