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Property profile & analytics
OFF-MARKET
Estimated value
$2,480,000
Strip malls
8035 Fountain Mesa Rd, Fountain, CO 80817-1597
Individually Owned
6-yr Hold
Free & Clear
Property ID
US13-1805150
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2018
Construction
STEEL FRAME
Total area
6,000 SF
Lot
0.64 ac (27,704 SF)
Zoning code
PUD
APN
5529310041
UPID
US13-1805150
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
-
Arashi Sushi Hibachi & Grill Restaurant
-
Tan Your Hide Tanning Salon
-
Into Nails spa Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.56M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.59M
Blend (final)
Blend
$2.48M
Owner & transaction history
Jennifer Y Yun · 6 yrs held
Jennifer Y Yun
since 2020
Last sale
$2.2M
7 recorded transactions
Zoning & alternative use
PUD · Fountain, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.6M
+53.6%
Commercial (general)
$2.0M
+22.4%
Apartment house (5+ units)
$1.9M
+14.8%
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
$2,770,000
ML approach
$2,555,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,660,000
Current use
RESTAURANT
$2,550,000
Change: +54% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,030,000
Change: +22% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,905,000
Change: +15% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,625,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$2.48M
Range $2.23M – $2.73M · ±10% · vs last sale $2.24M (Feb 20 2020)
Last sale anchor
$2.24M
Feb 20 2020
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
$413 / 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
$45,791
Tax year 2023
Assessed value
$531,250
Assessed 2023
Previous assessed
$531,250
+0.0% YoY
Effective rate
8.62%
On assessed value
Assessed land
$47,920
Assessed improvement
$483,330
Land market value
$171,765
Improvement market value
$1,732,363
Total market value
$1,904,128
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2018
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Total area
6,000 SF
Lot
0.64 ac (27,704 SF)
Zoning code
PUD
APN
5529310041
UPID
US13-1805150
Jurisdiction
EL PASO
Zoning & alternative use
PUD · Fountain, CO
Zoning PUD · permitted uses
PUD · Fountain, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fountain. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.7M
RESTAURANT
Est. value
$2.6M
COMMERCIAL (GENERAL)
Est. value
$2.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.6M
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
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
2018
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.64 ac
Current owner
From public records · entity-resolved
Jennifer Y Yun
Individual
Free & Clear · 6 yrs held
Mailing address
25 N SPRUCE ST STE #330, COLORADO SPRINGS, CO 80905-1450
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
26 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 20, 2020
—
Jennifer Y Yun
Young C Yun
Quit Claim Deed
related
—
Jul 3, 2019
$2,243,400
Pine Creek Enterprises LLC
Lexi Enterprises LLC
Warranty Deed
$1,450,000 · 5star Bank
Apr 24, 2019
—
Lexi Ents LLC
—
Deed
related
$1,512,778 · Five Star Bk
Mar 15, 2019
—
Lexi Ents LLC
—
Deed
related
—
Feb 21, 2018
—
Lexi Ents LLC
—
Deed
related
—
Feb 20, 2018
—
Lexi Ents LLC
—
Grant Deed
related
$1,235,375 · Five Star Bk
Jun 1, 2017
—
Lexi Ents LLC
—
Deed
related
—
Mar 16, 2017
—
Lexi Ents LLC
—
Deed
related
—
Oct 27, 2016
—
Lexi Ents LLC
—
Deed
related
—
May 3, 2016
—
Lexi Ents LLC
—
Deed
related
—
May 16, 2014
—
Lexi Ents LLC
—
Trustees Deed
related
$975,000 · Five Star Bk
Jan 18, 2012
$650,000
Lexi Ents LLC
Rocky Mountain Bk & Trust
Grant Deed
$487,500 · Five Star Bk
Nov 15, 2010
—
Rocky Mountain Bk & Trust
Deputy Public Te Of El Paso Cnty
Trustees Deed
related
—
—
—
Lexi Ents LLC
—
Loan Modification
related
—
—
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Lexi Ents LLC
—
Loan Modification
related
$1,512,778 · Five Star Bk
—
—
Lexi Ents LLC
—
Loan Modification
related
—
—
—
Lexi Ents LLC
—
Deed Of Trust
related
$49,183 · Five Star Bk
—
—
Lexi Ents LLC
—
Loan Modification
related
—
—
—
Lexi Ents LLC
—
Loan Modification
related
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Lexi Ents LLC
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Loan Modification
related
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Lexi Ents LLC
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Loan Modification
related
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Lexi Ents LLC
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Loan Modification
related
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Lexi Ents LLC
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Loan Modification
related
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Lexi Ents LLC
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Loan Modification
related
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Lexi Ents LLC
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Loan Modification
related
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Lexi Ents LLC
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Loan Modification
related
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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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