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Property profile & analytics
FOR SALE
Flex space
57 1/2 Rd Collbran, CO 81624
Trust Owned
9-yr Hold
~
Est. High Equity
Property ID
US13-0933554
For Sale
1 / 20
$550,000
57 1/2 Rd, Collbran, CO 81624
View Listing →
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1952
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,320 SF
Lot
0.29 ac (12,632 SF)
Zoning code
GC
APN
2667-342-11-014
UPID
US13-0933554
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
Baumgaertel-ogrady Family Trust · 9 yrs held
Baumgaertel-ogrady Family Trust
since 2016
4 recorded transactions
Zoning & alternative use
GC · Collbran, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of this zone is to build hospitals, libraries and hotels and motels for the community
Zone name
General Commercial
General category
CIVIC_INSTITUTIONAL
Zone area
8.60 ac
Source
Realmo
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 Collbran submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Collbran 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
$6,482
Tax year 2023
Assessed value
$118,290
Assessed 2023
Previous assessed
$78,270
+51.1% YoY
Effective rate
5.48%
On assessed value
Assessed land
$8,720
Assessed improvement
$109,570
Land market value
$31,250
Improvement market value
$392,740
Total market value
$423,990
Applied tax rate
20,200.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
For Sale
Year built
1952
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Rooms
10
Bathrooms
3
Total area
5,320 SF
Lot
0.29 ac (12,632 SF)
Zoning code
GC
APN
2667-342-11-014
UPID
US13-0933554
Jurisdiction
MESA
Zoning & alternative use
GC · Collbran, COZoning GC · permitted uses
GC · Collbran, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of this zone is to build hospitals, libraries and hotels and motels for the community
Zone name
General Commercial
General category
CIVIC_INSTITUTIONAL
Zone area
8.60 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1952
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
10
Bathrooms
3
Lot
0.29 ac
Current owner
From public records · entity-resolved
Baumgaertel-ogrady Family Trust
Trust
Mailing address
15739 PEARL AVE, COLLBRAN, CO 81624-9773
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
Aug 29, 2016
$250,000
Baumgaertel-ogrady Family Trust
Young,jess H
Warranty Deed
—
Mar 22, 2013
$230,000
Jess H Young
Plateau Valley Enterprises LLC
Warranty Deed
$176,000 · Wells Fargo Bank NA
Oct 12, 2007
$237,000
Plateau Valley Ents LLC
County Of Mesa State Of Colorado
Grant Deed
$201,450 · American National Bank & Trust
—
—
Plateau Valley Ents LLC
—
Deed Of Trust
related
$245,000 · Palisades National 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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