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Property profile & analytics
OFF-MARKET
Estimated value
$2,165,000
Warehouses
8312 Raspberry Dr Frederick, CO 80504-6890
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US13-1173043
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2017
Total area
17,990 SF
Lot
2.51 ac (109,118 SF)
APN
R3636605
UPID
US13-1173043
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
$2.17M
Owner & transaction history
Mountain & Tropical Props LLC · 8 yrs held
Mountain & Tropical Props LLC
since 2017
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.4M
+7.1%
Industrial (general)
$3.3M
+4.1%
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 Frederick submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Frederick 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
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,210,000
Current use
RESTAURANT
$3,440,000
Change: +7% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$3,340,000
Change: +4% · Conversion: Easy
RETAIL STORES
$3,085,000
Change: -4% · Conversion: Moderate
MEDICAL BUILDING
$3,000,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$2.17M
Range $1.95M – $2.38M · ±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
$120 / 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
$89,168
Tax year 2023
Assessed value
$892,800
Assessed 2023
Previous assessed
$892,800
+0.0% YoY
Effective rate
9.99%
On assessed value
Assessed land
$182,640
Assessed improvement
$710,160
Land market value
$654,630
Improvement market value
$2,545,370
Total market value
$3,200,000
Applied tax rate
1,459.0000
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2017
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
17,990 SF
Lot
2.51 ac (109,118 SF)
APN
R3636605
UPID
US13-1173043
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
WAREHOUSE, STORAGE Current
Est. value
$3.2M
RESTAURANT
Est. value
$3.4M
INDUSTRIAL (GENERAL)
Est. value
$3.3M
RETAIL STORES
Est. value
$3.1M
MEDICAL BUILDING
Est. value
$3.0M
WAREHOUSE, STORAGE Current
RESTAURANT
INDUSTRIAL (GENERAL)
RETAIL STORES
MEDICAL BUILDING
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
2017
Heating
YES
Cooling
Yes
Stories
1
Lot
2.51 ac
Current owner
From public records · entity-resolved
Mountain & Tropical Props LLC
Entity
Mailing address
5388 TRADE WIND CT, WINDSOR, CO 80528-7506
Ownership since
2017
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
Feb 1, 2023
—
Moutain And Tropical Properties LLC
—
Deed
related
$1,000,000 · Adams Bank & Trust
Oct 30, 2019
—
Mountain & Tropical Prop LLC
—
Deed
related
$100,000 · Adams Bk&tr
Dec 11, 2017
$989,100
Mountain & Tropical Props LLC
M & T Raspberry LLC
Grant Deed
$2,144,000 · Adams Bk&tr
Oct 5, 2017
—
M & T Raspberry LLC
—
Trustees Deed
related
$2,144,000 · Adams Bk&tr
Jun 15, 2017
$422,920
M & T Raspberry LLC
D & H Land Dev LLC
Grant Deed
$429,576 · Mountain & Tropical Props LLC
Jul 20, 2009
—
D & H Land Dev LLC
—
Deed Of Trust
related
$2,200,000 · Adams Bank & Trust
—
—
Mountain & Tropical Prop LLC
—
Deed Of Trust
related
$100,000 · Adams Bk&tr
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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