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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Office Spaces
8223 20th St 101, Greeley, CO 80634-3036
Entity Owned
~
Est. High Equity
Property ID
US13-1125062
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2005
Total area
2,194 SF
Lot
0.05 ac (2,195 SF)
APN
R4391606
UPID
US13-1125062
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
-
Allergy & Asthma Center for the Rockies: Lanting William A MD Physician Medical Clinic
-
Allergy & Asthma Center-The Rcks Medical Clinic
-
Jason Francis Kraemer Physician
-
Front Range Clinic | Porch Light Health Medical Clinic
-
Irish Margaret A DO Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$460k
Comparable Approach
Comparable
$510k
Blend (final)
Blend
$515k
Owner & transaction history
Frc 8223 W 20th St LLC
Frc 8223 W 20th St LLC
since 2026
Last sale
$550,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$790,000
+95.6%
Retail stores
$455,000
+12.0%
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 Greeley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greeley 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%
$500,000
6.5%
$460,000
7%
$425,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$405,000
Current use
AUTO REPAIR, GARAGE
$790,000
Change: +96% · Conversion: Difficult
RETAIL STORES
$455,000
Change: +12% · Conversion: Moderate
MEDICAL BUILDING
$365,000
Change: -9% · Conversion: Easy
COMMERCIAL (GENERAL)
$345,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$515k
Range $464k – $567k · ±10% · vs last sale $550k (Feb 28 2025)
Last sale anchor
$550k
Feb 28 2025
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
$235 / 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
$9,442
Tax year 2023
Assessed value
$128,550
Assessed 2023
Previous assessed
$128,550
+0.0% YoY
Effective rate
7.35%
On assessed value
Assessed improvement
$128,550
Improvement market value
$460,740
Total market value
$460,740
Applied tax rate
447.0000
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 Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
2005
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
2
Total area
2,194 SF
Lot
0.05 ac (2,195 SF)
APN
R4391606
UPID
US13-1125062
Jurisdiction
WELD
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$405,000
AUTO REPAIR, GARAGE
Est. value
$790,000
RETAIL STORES
Est. value
$455,000
MEDICAL BUILDING
Est. value
$365,000
COMMERCIAL (GENERAL)
Est. value
$345,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
2005
Heating
YES
Cooling
Yes
Stories
1
Units
2
Lot
0.05 ac
Current owner
From public records · entity-resolved
Frc 8223 W 20th St LLC
Entity
Mailing address
1029 ROBERTSON ST, FORT COLLINS, CO 80524-3926
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 24, 2026
—
Frc 8223 W 20th St LLC
Frc 8223 W 20th St LLC
Deed
related
—
Dec 15, 2025
—
8223 West 20th Street Szieg LLC
Frc 8223 W 20th St LLC
Quitclaim Deed
related
—
May 28, 2025
$550,000
8223 West 20th Street LLC
20th Street Holdings LLC
Special Warranty Deed
$350,000 · First National Bank Of Omaha
Feb 10, 2021
—
20th Istreet Holdings LLC
—
Deed
related
$111,202 · Adams Bank & Trust
Sep 29, 2011
$162,500
20th Street Holdings LLC
Harris Homes INC
Warranty Deed
$163,350 · Cache Bank & Trust
—
—
Harris Homes INC
—
Deed Of Trust
related
$261,500 · New Frontier Bank
—
—
20th Street Holdings LLC
—
Deed Of Trust
related
$137,000 · Colorado Lending Source Ltd
—
—
20th Street Holdings LLC
—
Deed Of Trust
related
$163,350 · Cache 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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