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Property profile & analytics
OFF-MARKET
Estimated value
$1,970,000
Office Spaces
901 Main Ave Durango, CO 81301-5121
Entity Owned
4-yr Hold
Free & Clear
Property ID
US13-0358025
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1892
Total area
12,128 SF
Lot
0.13 ac (5,489 SF)
APN
5665-292-15-010
UPID
US13-0358025
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
-
Sunrise Villas LLC Apartment Building
-
Thad Trujillo Real Estate Agency
-
TheDurangoDream.com Real Estate Agency
-
Merrick Diane Real Estate Agency
-
Robin Rasmussen Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.94M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.96M
Blend (final)
Blend
$1.97M
Owner & transaction history
915 Main Avenue LLC · 4 yrs held
915 Main Avenue LLC
since 2022
Last sale
$2.0M
3 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 Durango submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Durango 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
$1,965,000
ML approach
$1,935,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.97M
Range $1.77M – $2.17M · ±10% · vs last sale $2.00M (May 3 2022)
Last sale anchor
$2.00M
May 3 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
$162 / 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
$22,728
Tax year 2023
Assessed value
$538,680
Assessed 2023
Previous assessed
$462,640
+16.4% YoY
Effective rate
4.22%
On assessed value
Assessed land
$142,810
Assessed improvement
$395,870
Land market value
$511,870
Improvement market value
$1,418,890
Total market value
$1,930,760
Applied tax rate
1,186.0000
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
OFFICE (GENERAL)
Status
Off-Market
Year built
1892
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Bathrooms
8
Total area
12,128 SF
Lot
0.13 ac (5,489 SF)
APN
5665-292-15-010
UPID
US13-0358025
Jurisdiction
LA PLATA
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
1892
Heating
FORCED AIR
Cooling
Yes
Stories
2
Bathrooms
8
Lot
0.13 ac
Current owner
From public records · entity-resolved
915 Main Avenue LLC
Entity
Free & Clear · 4 yrs held
Mailing address
7100 NEW HORIZONS BLVD, AMITYVILLE, NY 11701-1149
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 3, 2022
$2,000,000
915 Main Avenue LLC
David P Smith
Special Warranty Deed
—
—
—
David P Smith
—
Deed Of Trust
related
$425,000 · Bank Of The San Juans
—
—
David P Smith
—
Deed Of Trust
related
$121,304 · Bank Of The San Juans
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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