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Property profile & analytics
OFF-MARKET
Warehouses
724 Mdw Rd Granby, CO 80446
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US13-1961527
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1968
Construction
CONCRETE
Total area
840 SF
Lot
10.6 ac (461,736 SF)
Zoning code
GHGB
APN
132931300024
UPID
US13-1961527
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Terra Firma Development LLC · 7 yrs held
Terra Firma Development LLC
since 2019
3 recorded transactions
Zoning & alternative use
GHGB · Granby, 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 Granby submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Granby 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$11,358
Tax year 2023
Assessed value
$185,850
Assessed 2023
Previous assessed
$119,730
+55.2% YoY
Effective rate
6.11%
On assessed value
Assessed land
$101,880
Assessed improvement
$83,970
Land market value
$365,150
Improvement market value
$300,970
Total market value
$666,120
Applied tax rate
41.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1968
Construction
CONCRETE
Heating
FORCED AIR
Cooling
NONE
Buildings
2
Stories
1
Total area
840 SF
Lot
10.6 ac (461,736 SF)
Zoning code
GHGB
APN
132931300024
UPID
US13-1961527
Jurisdiction
GRAND
Zoning & alternative use
GHGB · Granby, CO
Zoning GHGB · permitted uses
GHGB · Granby, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Granby. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1968
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
10.6 ac
Current owner
From public records · entity-resolved
Terra Firma Development LLC
Entity
Mailing address
PO BOX 1619, WINTER PARK, CO 80482-1619
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 17, 2019
—
Terra Firma Development LLC
Terra Firma Custom Homes INC
Special Warranty Deed
$389,342 · Citywide Banks
Feb 22, 2019
—
Terra Firma Development LLC
Terra Firma Custom Homes INC
Special Warranty Deed
$400,000 · Citywide Banks
May 1, 2017
$250,000
Terra Firma Custom Homes INC
John David Mason
Personal Representative Deed
$200,000 · Centennial Bank & Trust
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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