Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,230,000
Office buildings
55 Elm Ave Eaton, CO 80615-8263
Entity Owned
13-yr Hold
Free & Clear
Property ID
US13-0505149
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2005
Total area
10,179 SF
Lot
1 ac (43,560 SF)
APN
R3132204
UPID
US13-0505149
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
-
Bank of Colorado Investment Services - Raymond James Financial Advisor
-
Weston Hager - Raymond James Financial Advisor
-
Bank of Colorado Bank Loan Service
-
Christina Abbot - Bank of Colorado Mortgage NMLS#1449759 Loan Service Bank
-
Rob Price CPA & Company, PC Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.13M
Comparable Approach
Comparable
$2.46M
Blend (final)
Blend
$2.23M
Owner & transaction history
Bank Of Co · 13 yrs held
Bank Of Co
since 2013
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.7M
+96.5%
Restaurant
$1.9M
+4.3%
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 Eaton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Eaton 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,310,000
6.5%
$2,130,000
7%
$1,980,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,865,000
Current use
AUTO REPAIR, GARAGE
$3,670,000
Change: +96% · Conversion: Difficult
RESTAURANT
$1,945,000
Change: +4% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$1,830,000
Change: -2% · Conversion: Difficult
RETAIL STORES
$1,745,000
Change: -6% · Conversion: Moderate
MEDICAL BUILDING
$1,700,000
Change: -9% · Conversion: Easy
WAREHOUSE, STORAGE
$1,665,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$2.23M
Range $2.01M – $2.45M · ±10%
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
$219 / 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
$42,774
Tax year 2023
Assessed value
$580,670
Assessed 2023
Previous assessed
$580,670
+0.0% YoY
Effective rate
7.37%
On assessed value
Assessed land
$127,610
Assessed improvement
$453,060
Land market value
$457,380
Improvement market value
$1,623,861
Total market value
$2,081,241
Applied tax rate
6,324.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2005
Heating
YES
Cooling
AC.PACKAGE
Stories
2
Total area
10,179 SF
Lot
1 ac (43,560 SF)
APN
R3132204
UPID
US13-0505149
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
OFFICE BUILDING Current
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$3.7M
RESTAURANT
Est. value
$1.9M
INDUSTRIAL (GENERAL)
Est. value
$1.8M
RETAIL STORES
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$1.7M
WAREHOUSE, STORAGE
Est. value
$1.7M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RESTAURANT
INDUSTRIAL (GENERAL)
RETAIL STORES
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
2005
Heating
YES
Cooling
Yes
Stories
2
Lot
1 ac
Current owner
From public records · entity-resolved
Bank Of Co
Entity
Free & Clear · 13 yrs held
Mailing address
1609 E HARMONY RD, FORT COLLINS, CO 80525-3238
Ownership since
2013
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
May 2, 2013
$1,967,000
Bank Of Co
New West Bk
Grant Deed
—
Sep 17, 2004
$500,940
New West Bank
Renfroe,scott W & Jack P
Warranty Deed
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 55 Elm Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
