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Property profile & analytics
OFF-MARKET
Estimated value
$660,000
Individual retail properties
880 Homestead Dr Edwards, CO 81632-5530
Trust Owned
3-yr Hold
~
Est. High Equity
Property ID
US13-1235545
Property profile
Verified
Property type
Individual retail properties
Use group
GYM, HEALTH SPA
Year built
1985
Total area
18,781 SF
Lot
5.15 ac (224,334 SF)
APN
2105 082 03 022
UPID
US13-1235545
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
$875k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$660k
Owner & transaction history
Amy C Drummet Revocable Trust · 3 yrs held
Amy C Drummet Revocable Trust
since 2022
Last sale
$675,000
7 recorded transactions
Zoning & alternative use
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 Edwards submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Edwards 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
$635,000
ML approach
$875,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$660k
Range $594k – $726k · ±10% · vs last sale $675k (Oct 23 2020)
Last sale anchor
$675k
Oct 23 2020
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
$35 / 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
$10,108
Tax year 2023
Assessed value
$194,560
Assessed 2023
Previous assessed
$194,560
+0.0% YoY
Effective rate
5.20%
On assessed value
Assessed improvement
$194,560
Improvement market value
$697,330
Total market value
$697,330
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
Individual retail properties
Use group
GYM, HEALTH SPA
Status
Off-Market
Year built
1985
Heating
FORCED AIR
Buildings
2
Stories
2
Units
1
Rooms
1
Bathrooms
9
Total area
18,781 SF
Lot
5.15 ac (224,334 SF)
APN
2105 082 03 022
UPID
US13-1235545
Jurisdiction
EAGLE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1985
Heating
FORCED AIR
Stories
2
Buildings
2
Units
1
Rooms
1
Bathrooms
9
Lot
5.15 ac
Current owner
From public records · entity-resolved
Amy C Drummet Revocable Trust
Trust
Mailing address
PO BOX 808, EDWARDS, CO 81632-0808
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 13, 2022
—
Amy C Drummet Revocable Trust
Amy C Drummet
Intrafamily Transfer
related
—
Jun 22, 2005
—
A J Babcock
—
Trustees Deed
related
$20,000 · Southface Condominium Owner's
—
—
Frank Mitchell
—
Deed Of Trust
related
$150,000 · Wells Fargo Bank
—
—
Ann E Portell
—
Deed Of Trust
related
$10,000 · Firstbank Of Avon
—
—
Michaela Schnieder
—
Deed Of Trust
related
$387,000 · Wells Fargo Bank
—
—
Steven D Carter
—
Deed Of Trust
related
$320,500 · Cmg Mortgage INC
—
—
John Stearns
—
Deed Of Trust
related
$275,000 · Countrywide Home Loans INC
—
—
Paul Hollander
—
Deed Of Trust
related
$313,900 · Wells Fargo Bank
—
—
Ann E Portell
—
Deed Of Trust
related
$20,450 · Firstbank Of Avon
—
—
Denise M Peschio
—
Deed Of Trust
related
$230,000 · Alpine Bank
—
—
Alvin J Babcock
—
Deed Of Trust
related
$19,914 · Lucinda A Davis
—
—
Peter J Sonntag
—
Deed Of Trust
related
$228,000 · Washington Mutual Fsb
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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