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Property profile & analytics
OFF-MARKET
Medical Office Space
540 Frnt St Fairplay, CO 80440-5001
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US13-0499432
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1921
Construction
FRAME
Total area
1,518 SF
Lot
0.13 ac (5,663 SF)
APN
R0000497
UPID
US13-0499432
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
South Park Health Services District · 1 yrs held
South Park Health Services District
since 2024
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 Fairplay submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fairplay 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
$3,137
Tax year 2023
Assessed value
$55,336
Assessed 2023
Previous assessed
$55,336
+0.0% YoY
Effective rate
5.67%
On assessed value
Assessed land
$13,955
Assessed improvement
$41,381
Land market value
$48,120
Improvement market value
$142,692
Total market value
$190,812
Applied tax rate
2.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1921
Construction
FRAME
Heating
NONE
Stories
2
Rooms
5
Bathrooms
1
Total area
1,518 SF
Lot
0.13 ac (5,663 SF)
APN
R0000497
UPID
US13-0499432
Jurisdiction
PARK
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
1921
Construction
FRAME
Heating
NONE
Stories
2
Rooms
5
Bathrooms
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
South Park Health Services District
Individual
Mailing address
PO BOX 731, FAIRPLAY, CO 80440-0731
Ownership since
2024
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
Aug 12, 2024
$495,000
South Park Health Services District
Julia Anderson
Warranty Deed
—
Oct 17, 2011
—
Bank Of America NA
Federal Home Loan Mtg Corp
Quit Claim Deed
—
Oct 17, 2011
$52,000
Julia Anderson
Bank Of America NA
Grant Deed
—
Feb 2, 2011
—
Helen Johnson
Public Trustee Of Park County
Trustees Deed
related
—
Jan 5, 2011
$192,388
Bac Home Loans Servicing LP
Public Trustee Of Park County
Certificate Of Purchase
related
$166,500
Dec 8, 2003
—
Helen S Johnson
Johnson,helen S
Quit Claim Deed
related
$135,000 · Colorado Bankers Mortgage INC
—
—
Helen S Johnson
—
Deed Of Trust
related
$10,000 · American Guaranty Mortgage
—
—
Helen S Johnson
—
Deed Of Trust
related
$140,000 · American Guaranty Mortgage
—
—
Helen S Johnson
—
Deed Of Trust
related
$166,500 · Countrywide Bank
—
—
Stamper Land LLC
—
Deed Of Trust
related
$60,000 · Sna Properties LLC
—
—
Mark K Snell
—
Deed Of Trust
related
$80,000 · Gmac Mortgage Corp
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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