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Property profile & analytics
OFF-MARKET
Estimated value
$2,065,000
Commercial real estate
717 Grand Ave Grand Lake, CO 80447-5412
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US13-2066503
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1987
Construction
WOOD
Total area
2,376 SF
Lot
0.11 ac (5,009 SF)
Zoning code
LC
APN
119305218009
UPID
US13-2066503
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
$2.05M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.07M
Owner & transaction history
Sterling Wolf INC · 4 yrs held
Sterling Wolf INC
since 2022
Last sale
$2.1M
5 recorded transactions
Zoning & alternative use
LC · Grand Lake, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Grand Lake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grand Lake 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
$2,005,000
ML approach
$2,045,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.07M
Range $1.86M – $2.27M · ±10% · vs last sale $2.10M (Jun 14 2022)
Last sale anchor
$2.10M
Jun 14 2022
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
$869 / 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
$5,976
Tax year 2023
Assessed value
$97,520
Assessed 2023
Previous assessed
$77,200
+26.3% YoY
Effective rate
6.13%
On assessed value
Assessed land
$13,100
Assessed improvement
$84,420
Land market value
$82,270
Improvement market value
$453,460
Total market value
$535,730
Applied tax rate
51.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1987
Construction
WOOD
Heating
ELECTRIC
Cooling
NONE
Buildings
2
Stories
1
Total area
2,376 SF
Lot
0.11 ac (5,009 SF)
Zoning code
LC
APN
119305218009
UPID
US13-2066503
Jurisdiction
GRAND
Zoning & alternative use
LC · Grand Lake, CO
Zoning LC · permitted uses
LC · Grand Lake, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Grand Lake. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1987
Construction
WOOD
Heating
ELECTRIC
Cooling
Yes
Stories
1
Buildings
2
Lot
0.11 ac
Current owner
From public records · entity-resolved
Sterling Wolf INC
Entity
Mailing address
PO BOX 1061, GRAND LAKE, CO 80447-1061
Ownership since
2022
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
Jun 14, 2022
$2,100,000
Sterling Wolf INC
Lone Eagle Lodge LLC
Special Warranty Deed
$1,000,000 · Lone Eagle Lodge Limited Liability
Nov 9, 2021
$650,000
Challenge Consulting INC
717 Grand LLC
Special Warranty Deed
$400,000 · 717 Grand LLC
Aug 1, 2016
—
717 Grand LLC
—
Deed
related
$212,000 · Grand Mountain Bank Fsb
Oct 10, 2013
$290,000
717 Grand LLC
Grand Lake Land LLC
Warranty Deed
$232,000 · Ronald L Brady
Oct 21, 2005
$360,000
Grand Lake Land LLC
Borgia Holdings LLC
Warranty Deed
$200,000 · Grand Moutain Bank Fsb
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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