Property profile

5992 Iris Pkwy Frederick, CO 80504

OFF-MARKET
Medical Office Space
Property ID
US13-1467868
7,032 SF 1.69 ac lot Built 2016
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2016
Total area 7,032 SF
Lot 1.69 ac (73,616 SF)
APN R8673500
UPID US13-1467868

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Dental Office

Location

5992 Iris Pkwy Frederick, CO 80504-6412
Frederick metro Census 2013 GREELEY, CO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.50M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.75M
Blend (final) Blend
$2.41M

Owner & transaction history

since 2022
Last sale
$3.2M
5 recorded transactions
2022
$3.2M
2021
$3.2M
2016
$2.0M
2016
Price N/A
2011
Price N/A

Zoning & alternative use

Top alternative use upside
Auto repair, garage $2.8M +135.2%
Office building $2.1M +74.9%
Commercial (general) $2.0M +67.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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