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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Retail space
833 16th St Greeley, CO 80631-5617
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US13-1357117
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1952
Total area
5,862 SF
Lot
0.29 ac (12,632 SF)
APN
R3268186
UPID
US13-1357117
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
-
Rooster Tattoo Tattoo & Piercing Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$594k
Blend (final)
Blend
$560k
Owner & transaction history
Mama Bear LLC · 13 yrs held
Mama Bear LLC
since 2013
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$925,000
+2.9%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$900,000
Current use
COMMERCIAL (GENERAL)
$925,000
Change: +3% · Conversion: Easy
WAREHOUSE, STORAGE
$840,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$560k
Range $504k – $616k · ±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
$96 / 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
$8,377
Tax year 2023
Assessed value
$109,770
Assessed 2023
Previous assessed
$109,770
+0.0% YoY
Effective rate
7.63%
On assessed value
Assessed land
$20,460
Assessed improvement
$89,310
Land market value
$115,230
Improvement market value
$459,246
Total market value
$574,476
Applied tax rate
2,689.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1952
Heating
CENTRAL
Cooling
CENTRAL
Buildings
3
Stories
1
Total area
5,862 SF
Lot
0.29 ac (12,632 SF)
APN
R3268186
UPID
US13-1357117
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
RETAIL STORES Current
Est. value
$900,000
COMMERCIAL (GENERAL)
Est. value
$925,000
WAREHOUSE, STORAGE
Est. value
$840,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1952
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
3
Lot
0.29 ac
Current owner
From public records · entity-resolved
Mama Bear LLC
Entity
Mailing address
4426 GRAY FOX RD, FORT COLLINS, CO 80526-5266
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 5, 2013
$395,000
Mama Bear LLC
Champion Bk
Grant Deed
$355,500 · Champion Bank
Sep 13, 2012
$765,000
Assett Funding Group LLC
Champion Bk
Grant Deed
related
—
May 4, 2010
—
Bk Champion
Public Trustee Of Weld County
Trustees Deed
related
—
Mar 18, 2010
$878,250
Mark Robins LLC
Public Trustee Of Weld County
Certificate Of Purchase
$809,500
Feb 24, 2009
—
Mark Robins LLC
Six Ways From Sunday LLC
Grant Deed
$809,500 · Champion Bank
Jul 21, 2008
—
Six Ways From Sunday LLC
—
Trustees Deed
related
$56,500 · Reserve Mortgage Services
Oct 16, 2007
—
Six Ways From Sunday LLC
—
Trustees Deed
related
$75,000 · Mariah LLC
Aug 8, 2006
—
Six Ways From Sunday LLC
—
Trustees Deed
related
$40,000 · Thomas Fin'l Grp
Sep 15, 2005
$487,500
Assett Funding Group LLC
Asset Funding Group LLC
Warranty Deed
—
Sep 15, 2005
$650,000
Six Ways From Sunday LLC
Assett Funding Group LLC
Warranty Deed
$487,500 · Peak National Bank
May 18, 2005
—
Asset Funding Group LLC
Public Trustee Of Weld County
Trustees Deed
related
—
Feb 16, 2005
$553,423
Asset Funding Group LLC
Public Trustee Of Weld County
Trustees Deed
related
—
Dec 8, 2003
—
Cef Properties LLC
Bcd Properties LLC
Quit Claim Deed
related
$475,000 · Asset Funding Group LLC
Dec 8, 2003
$375,000
Cef Properties LLC
Ryan,tr
Grant Deed
—
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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