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Property profile & analytics
FOR SALE
Commercial real estate
995 Cowen Dr Carbondale, CO 81623
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US13-1626771
For Sale
1 / 19
$275,000
995 Cowen Dr, Carbondale, CO 81623
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2006
Construction
WOOD
Total area
11,404 SF
Lot
0.91 ac (39,726 SF)
APN
239328415002
UPID
US13-1626771
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
$1.82M
Comparable Approach
Comparable
$2.71M
Blend (final)
Blend
$2.31M
Owner & transaction history
Gatepoint LLC · 8 yrs held
Gatepoint LLC
since 2018
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 Carbondale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carbondale 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%
$1,965,000
6.5%
$1,815,000
7%
$1,685,000
Blend value · Realmo final
$2.31M
Range $2.08M – $2.54M · ±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
$203 / 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
$45,433
Tax year 2023
Assessed value
$577,010
Assessed 2023
Previous assessed
$384,080
+50.2% YoY
Effective rate
7.87%
On assessed value
Assessed land
$443,340
Assessed improvement
$133,670
Land market value
$1,589,040
Improvement market value
$479,090
Total market value
$2,068,130
Applied tax rate
59.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
2006
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Units
11
Bathrooms
5
Total area
11,404 SF
Lot
0.91 ac (39,726 SF)
APN
239328415002
UPID
US13-1626771
Jurisdiction
GARFIELD
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
2006
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
11
Bathrooms
5
Lot
0.91 ac
Current owner
From public records · entity-resolved
Gatepoint LLC
Entity
Mailing address
PO BOX 908, GLENWOOD SPRINGS, CO 81602-0908
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 6, 2020
—
Gatepoint LLC
—
Deed
related
$1,380,325 · Firstbank
Jun 21, 2018
$1,850,500
Gatepoint LLC
Gateshead Investments LLC
Trustees Deed
related
$1,387,500 · Bank Of Co
Jul 25, 2017
—
Gateshead Investments LLC
—
Loan Modification
related
$1,400,000 · Other Institutional Lenders
Jul 26, 2016
—
Gateshead Investments LLC
—
Deed
related
$1,400,000 · Other Institutional Lenders
Apr 15, 2005
$1,800,000
Vinko Props II LLC
Bradford Associates Ltd
Warranty Deed
related
—
—
—
Gateshead Investments LLC
—
Loan Modification
related
$1,400,000 · Other Institutional Lenders
—
—
Gateshead Investments LLC
—
Loan Modification
related
$1,400,000 · Other Institutional Lenders
—
—
Gatepoint LLC
—
Deed Of Trust
related
$1,380,325 · Firstbank
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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