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Property profile & analytics
OFF-MARKET
Estimated value
$740,000
Warehouses
638 Main St Fort Lupton, CO 80621-2166
Entity Owned
18-yr Hold
Absentee Owner
Free & Clear
Property ID
US13-0657058
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1979
Total area
5,760 SF
Lot
0.48 ac (20,996 SF)
APN
R6105486
UPID
US13-0657058
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
$990k
Comparable Approach
Comparable
$543k
Blend (final)
Blend
$740k
Owner & transaction history
638 Main Avenue LLC · 18 yrs held
638 Main Avenue LLC
since 2007
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.1M
+17.1%
Office building
$1.1M
+12.3%
Industrial (general)
$1.0M
+9.9%
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 Fort Lupton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Lupton 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%
$1,070,000
6.5%
$990,000
7%
$920,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$940,000
Current use
RESTAURANT
$1,100,000
Change: +17% · Conversion: Difficult
OFFICE BUILDING
$1,055,000
Change: +12% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,035,000
Change: +10% · Conversion: Easy
RETAIL STORES
$990,000
Change: +5% · Conversion: Moderate
MEDICAL BUILDING
$960,000
Change: +2% · Conversion: Difficult
COMMERCIAL (GENERAL)
$830,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$740k
Range $666k – $814k · ±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
$128 / 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
$20,019
Tax year 2023
Assessed value
$241,940
Assessed 2023
Previous assessed
$241,940
+0.0% YoY
Effective rate
8.27%
On assessed value
Assessed land
$35,150
Assessed improvement
$206,790
Land market value
$126,000
Improvement market value
$741,200
Total market value
$867,200
Applied tax rate
5,392.0000
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
1979
Heating
SPACE
Buildings
2
Stories
1
Total area
5,760 SF
Lot
0.48 ac (20,996 SF)
APN
R6105486
UPID
US13-0657058
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
$940,000
RESTAURANT
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.1M
INDUSTRIAL (GENERAL)
Est. value
$1.0M
RETAIL STORES
Est. value
$990,000
MEDICAL BUILDING
Est. value
$960,000
COMMERCIAL (GENERAL)
Est. value
$830,000
WAREHOUSE, STORAGE Current
RESTAURANT
OFFICE BUILDING
INDUSTRIAL (GENERAL)
RETAIL STORES
MEDICAL BUILDING
COMMERCIAL (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
1979
Heating
SPACE
Stories
1
Buildings
2
Lot
0.48 ac
Current owner
From public records · entity-resolved
638 Main Avenue LLC
Entity
Free & Clear · 18 yrs held
Mailing address
710 DENVER AVE, FORT LUPTON, CO 80621-2162
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 12, 2011
—
638 Main Avenue LLC
—
Trustees Deed
related
$225,000 · Bank Of Co
Oct 8, 2007
—
638 Main Avenue LLC
Gray,thomas J
Warranty Deed
—
—
—
Thomas J Gray
—
Deed Of Trust
related
$72,192 · Bank Of Colorado
—
—
638 Main Avenue LLC
—
Loan Modification
related
—
—
—
Thomas J Gray
—
Deed Of Trust
related
$138,192 · Bank Of Colorado
—
—
Thomas J Gray
—
Deed Of Trust
related
$58,315 · Bank Of Colorado
—
—
638 Main Avenue LLC
—
Deed Of Trust
related
$420,000 · World Fuel Svcs INC
—
—
638 Main Avenue LLC
—
Deed Of Trust
related
$420,000 · World Fuel Svcs INC
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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