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Property profile & analytics
OFF-MARKET
Estimated value
$1,775,000
Retail space
6960 Mesa Rdg Pkwy Fountain, CO 80817-1533
Entity Owned
10-yr Hold
Free & Clear
Property ID
US13-1295315
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2011
Construction
STEEL FRAME
Total area
8,000 SF
Lot
0.79 ac (34,403 SF)
APN
5529204043
UPID
US13-1295315
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
-
Family Dollar Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.76M
Comparable Approach
Comparable
$2.35M
Blend (final)
Blend
$1.78M
Owner & transaction history
Fountain Properties LLC · 10 yrs held
Fountain Properties LLC
since 2016
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.7M
+43.9%
Apartment house (5+ units)
$2.5M
+35.0%
Neighborhood: shopping center
$2.2M
+17.5%
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 Fountain submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fountain 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%
$1,905,000
6.5%
$1,760,000
7%
$1,635,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,885,000
Current use
COMMERCIAL (GENERAL)
$2,710,000
Change: +44% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$2,540,000
Change: +35% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,215,000
Change: +18% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,165,000
Change: +15% · Conversion: Difficult
MEDICAL BUILDING
$1,945,000
Change: +3% · Conversion: Difficult
OFFICE BUILDING
$1,730,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$1.78M
Range $1.60M – $1.95M · ±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
$222 / 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
$29,875
Tax year 2023
Assessed value
$349,510
Assessed 2023
Previous assessed
$349,510
+0.0% YoY
Effective rate
8.55%
On assessed value
Assessed land
$83,510
Assessed improvement
$266,000
Land market value
$299,306
Improvement market value
$953,397
Total market value
$1,252,703
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2011
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Total area
8,000 SF
Lot
0.79 ac (34,403 SF)
APN
5529204043
UPID
US13-1295315
Jurisdiction
EL PASO
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
RETAIL STORES Current
Est. value
$1.9M
COMMERCIAL (GENERAL)
Est. value
$2.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$2.2M
MEDICAL BUILDING
Est. value
$1.9M
OFFICE BUILDING
Est. value
$1.7M
RETAIL STORES Current
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
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
2011
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.79 ac
Current owner
From public records · entity-resolved
Fountain Properties LLC
Entity
Free & Clear · 10 yrs held
Mailing address
PO BOX 98018, LAS VEGAS, NV 89193-8018
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 10, 2016
$1,588,000
Fountain Properties LLC
Starboard Mesa Ridge LLC
Warranty Deed
—
Oct 30, 2015
$15,516,700
Starboard Mesa Ridge LLC
Mmr Retail A LLC
Grant Deed
$10,412,500 · Wilshire Bk
Mar 28, 2013
—
Mmr Retail E LLC
—
Grant Deed
related
$1,560,000 · Vectra Bank Colorado NA
Jun 14, 2011
—
Mmr Retail G-1 LLC
The Markets At Mesa Ridge LLC
Special Warranty Deed
$900,000 · Vectra Bank Colorado NA
—
—
Mmr Retail D LLC
—
Loan Modification
related
$6,100,000 · Vectra Bank Colorado NA
—
—
Mmr Retail D LLC
—
Loan Modification
related
$6,100,000 · Vectra Bk/co
—
—
Mmr Retail D LLC|mmr Retail F LLC
—
Loan Modification
related
$3,690,000 · Vectra Bk/co
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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