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Property profile & analytics
OFF-MARKET
Estimated value
$1,890,000
Office buildings
801 Grand Ave Glenwood Springs, CO 81601-3403
Entity Owned
~
Est. High Equity
Property ID
US13-2767416
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1913
Construction
METAL FRAME
Total area
15,920 SF
Lot
0.11 ac (5,000 SF)
APN
218509411011
UPID
US13-2767416
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
$2.47M
Blend (final)
Blend
$1.89M
Owner & transaction history
Co Mgmt LLC
Co Mgmt LLC
since 2026
3 recorded transactions
Zoning & alternative use
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 Glenwood Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Glenwood Springs 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.89M
Range $1.70M – $2.08M · ±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
$119 / 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
$31,140
Tax year 2023
Assessed value
$419,990
Assessed 2023
Previous assessed
$474,180
-11.4% YoY
Effective rate
7.41%
On assessed value
Assessed land
$167,400
Assessed improvement
$252,590
Land market value
$600,000
Improvement market value
$905,350
Total market value
$1,505,350
Applied tax rate
32.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1913
Construction
METAL FRAME
Heating
STEAM
Cooling
EVAPORATIVE
Stories
3
Units
10
Rooms
24
Bathrooms
14
Total area
15,920 SF
Lot
0.11 ac (5,000 SF)
APN
218509411011
UPID
US13-2767416
Jurisdiction
GARFIELD
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1913
Construction
METAL FRAME
Heating
STEAM
Cooling
Yes
Stories
3
Units
10
Rooms
24
Bathrooms
14
Lot
0.11 ac
Current owner
From public records · entity-resolved
Co Mgmt LLC
Entity
Mailing address
PO BOX 32, PAONIA, CO 81428-0032
Ownership since
2026
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
Mar 13, 2026
$5,200,000
Co Mgmt LLC
Jaylene Park And 8th And Grand LLC
Special Warranty Deed
—
Oct 29, 2007
$2,600,000
Jaylene Park & 8th & Grand LLC
Ncb Building LLC
Warranty Deed
$1,560,000 · Stockgrowers State Bank
—
—
Ncb Building LLC
—
Deed Of Trust
related
$1,437,000 · Donald L Vanderhoof
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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