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Property profile & analytics
OFF-MARKET
Estimated value
$4,745,000
Warehouses
828 Industrial Blvd Pueblo West, CO 81007-1430
Trust Owned
3-yr Hold
~
Est. High Equity
Property ID
US13-2616589
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1998
Construction
STEEL FRAME
Total area
953 SF
Lot
5.11 ac (222,784 SF)
Zoning code
I-2
APN
507005021
UPID
US13-2616589
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
$4.35M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.75M
Owner & transaction history
Ione Tree Trust LLC · 3 yrs held
Ione Tree Trust LLC
since 2022
Last sale
$5.3M
7 recorded transactions
Zoning & alternative use
I-2 · Pueblo West, 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 Pueblo West submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pueblo West 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
$4,135,000
ML approach
$4,345,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.75M
Range $4.27M – $5.22M · ±10% · vs last sale $5.25M (Sep 15 2022)
Last sale anchor
$5.25M
Sep 15 2022
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
$4,979 / 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
$57,198
Tax year 2023
Assessed value
$582,510
Assessed 2023
Previous assessed
$160,450
+263.0% YoY
Effective rate
9.82%
On assessed value
Assessed land
$92,450
Assessed improvement
$490,060
Land market value
$333,107
Improvement market value
$1,806,893
Total market value
$2,140,000
Applied tax rate
70.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1998
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
6
Stories
1
Total area
953 SF
Lot
5.11 ac (222,784 SF)
Zoning code
I-2
APN
507005021
UPID
US13-2616589
Jurisdiction
PUEBLO
Zoning & alternative use
I-2 · Pueblo West, CO
Zoning I-2 · permitted uses
I-2 · Pueblo West, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pueblo West. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1998
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
6
Lot
5.11 ac
Current owner
From public records · entity-resolved
Ione Tree Trust LLC
Trust
Mailing address
9233 PARK MDWS DR #219, LONE TREE, CO 80124-5697
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 19, 2022
—
Lone Tree Trust LLC
—
Deed
related
$4,000,000 · Wayne D Chase Etal
Sep 15, 2022
$5,250,000
Ione Tree Trust LLC
Wayne D Chase
Special Warranty Deed
$900,000 · Farmers & Merchants Bank Of Colby
Sep 15, 2022
—
Wayne D Chase
Ryan J Chase
Intrafamily Transfer
related
$3,100,000 · Farmers & Merchants Bank Of Colby
Dec 21, 2007
$1,293,000
Wayne D Chase
Faith Investments INC
Warranty Deed
—
Jul 1, 2005
—
Faith Investments INC
—
Trustees Deed
related
$825,000 · Interbay Funding LLC
Jul 27, 2004
$74,400
Faith Investments INC
Pueblo West Metropolitan Distr
Grant Deed
—
—
—
Charles R Fetty
—
Deed Of Trust
related
$704,366 · Metropolitan Mortgage Co
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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