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Property profile & analytics
OFF-MARKET
Flex space
816 Grand Ave Fruita, CO 81521-3016
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US13-0793870
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1974
Construction
STEEL FRAME
Total area
5,568 SF
Lot
0.35 ac (15,246 SF)
Zoning code
3215
APN
2697-174-25-005
UPID
US13-0793870
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
Quality Shack LLC · 2 yrs held
Quality Shack LLC
since 2023
Last sale
$400,000
6 recorded transactions
Zoning & alternative use
3215 · Fruita, 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 Fruita submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fruita 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
$4,118
Tax year 2023
Assessed value
$50,480
Assessed 2023
Previous assessed
$50,540
-0.1% YoY
Effective rate
8.16%
On assessed value
Assessed land
$22,030
Assessed improvement
$28,450
Land market value
$78,970
Improvement market value
$101,980
Total market value
$180,950
Applied tax rate
11,600.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1974
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
WINDOW A/C
Stories
1
Units
1
Rooms
10
Bathrooms
3
Total area
5,568 SF
Lot
0.35 ac (15,246 SF)
Zoning code
3215
APN
2697-174-25-005
UPID
US13-0793870
Jurisdiction
MESA
Zoning & alternative use
3215 · Fruita, CO
Zoning 3215 · permitted uses
3215 · Fruita, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fruita. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1974
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
10
Bathrooms
3
Lot
0.35 ac
Current owner
From public records · entity-resolved
Quality Shack LLC
Entity
Mailing address
816 E GRAND AVE, FRUITA, CO 81521-3016
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 26, 2024
—
Quality Shack LLC
—
Deed
related
$166,000 · Colorado Lending Source Ltd
Dec 20, 2023
$400,000
Quality Shack LLC
Robert G Wilson
Warranty Deed
$160,000 · Anb Bank
Jan 26, 2017
—
Robert G Wilson
—
Trustees Deed
related
$93,113 · Anb Bk
Sep 24, 2014
—
Robert G Wilson
Wilson 550 LLC
Quit Claim Deed
related
—
Nov 18, 2011
—
Wilson 550 LLC
Wilson,robert G
Quit Claim Deed
related
—
—
—
Robert G Wilson
—
Deed Of Trust
related
$100,753 · Weststar Bank
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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