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Property profile & analytics
OFF-MARKET
Estimated value
$1,425,000
Warehouses
620 Innovation Cir Windsor, CO 80550-3134
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US13-0133375
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2000
Construction
FRAME
Total area
7,500 SF
Lot
1.04 ac (45,302 SF)
APN
R1226997
UPID
US13-0133375
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
$1.40M
CAP Approach
CAP
$1.41M
Comparable Approach
Comparable
$1.66M
Blend (final)
Blend
$1.43M
Owner & transaction history
Lexika Inevestments LLC · 2 yrs held
Lexika Inevestments LLC
since 2023
Last sale
$1.5M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.9M
+41.0%
Auto repair, garage
$1.8M
+39.4%
Retail stores
$1.7M
+27.9%
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 Windsor submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Windsor 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
$1,420,000
ML approach
$1,395,000
CAP Approach
CAP Return
Estimation
6%
$1,525,000
6.5%
$1,410,000
7%
$1,310,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,315,000
Current use
OFFICE BUILDING
$1,850,000
Change: +41% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,830,000
Change: +39% · Conversion: Easy
RETAIL STORES
$1,680,000
Change: +28% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$1,205,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$1.43M
Range $1.28M – $1.57M · ±10% · vs last sale $1.45M (Nov 13 2023)
Last sale anchor
$1.45M
Nov 13 2023
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
$190 / 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
$41,419
Tax year 2023
Assessed value
$483,140
Assessed 2023
Previous assessed
$483,140
+0.0% YoY
Effective rate
8.57%
On assessed value
Assessed land
$57,800
Assessed improvement
$425,340
Land market value
$226,225
Improvement market value
$1,855,141
Total market value
$2,081,366
Applied tax rate
437.0000
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
2000
Construction
FRAME
Heating
NONE
Cooling
CENTRAL
Buildings
3
Stories
1
Units
8
Bathrooms
3
Total area
7,500 SF
Lot
1.04 ac (45,302 SF)
APN
R1226997
UPID
US13-0133375
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
$1.3M
OFFICE BUILDING
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.8M
RETAIL STORES
Est. value
$1.7M
INDUSTRIAL (GENERAL)
Est. value
$1.2M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
INDUSTRIAL (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
2000
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Units
8
Bathrooms
3
Lot
1.04 ac
Current owner
From public records · entity-resolved
Lexika Inevestments LLC
Entity
Mailing address
PO BOX 270662, FORT COLLINS, CO 80527-0662
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 13, 2023
$1,450,000
Lexika Inevestments LLC
Chad L Brumeier
Personal Representative Deed
$850,000 · Bank Of Colorado
Nov 13, 2023
—
Chad L Brunmeier
Valerie Brunmeier
Deed Of Distribution
related
—
—
—
Larry K Brunmeier
—
Deed Of Trust
related
$56,304 · Windsor State Bank
—
—
Larry K Brunmeier
—
Deed Of Trust
related
$110,000 · Windsor State Bank
—
—
Larry K Brunmeier
—
Deed Of Trust
related
$50,000 · Bank One NA
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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