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HomeMy WebLinkAbout20152280.tiff 1861\.i.... , CLERK TO THE BOARD PHONE (970) 336-7215, EXT 4226 LI ilLtrErhe FAX (970) 352-0242 _ WEBSITE: www.co.weld.Co.us 1150 O STREET V� G O� T Y P.O. BOX 758 r GREELEY CO 80632 September 2, 2015 SAFEWAY STORES 46 INC 5918 STONERIDGE MALL RD PLEASANTON, CA 94588-3229 RE: THE BOARD OF EQUALIZATION 2015, WELD COUNTY COLORADO APPROVAL OF STIPULATION BETWEEN PETITIONER AND ASSESSOR ACCOUNT NO.: R1395802 Dear Petitioner: On July 30, 2015, the Board of County Commissioners of Weld County Colorado convened and acting as the Board of Equalization, pursuant to C.R.S. Section 39-8-101 et seq., considered your request to approve and adopt a valuation of your property arrived at by a Stipulation between you and the Weld County Assessor, for the year 2015. The Board of Equalization found that the evidence presented at the hearing supported the stipulated value placed upon the above-described property as set forth below. Such evidence indicated the value was reasonable, equitable, and derived according to the methodologies, percentages, figures and formulas dictated by law. ACTUAL VALUE AS STIPULATED VALUE DETERMINED BY ASSESSOR APPROVED BY BOARD $594,853.00 $500,000.00 The above 'Stipulated Value' is the value which will be used in the calculation of your property taxes for 2015. This value is not appealable. If you have questions concerning the above information, please call me at (970) 336-7215, Ext. 4226. Very truly yours, o Esther E. Gesick, Clerk to the Board Weld County Board of County Commissioners Cc: Christopher Woodruff, Weld County Assessor 1ST NET REAL ESTATE SERVICES, INC 3333 S WADSWORTH BLVD UNIT 200 LAKEWOOD, CO 80227-5170 2015-2280 AS0091 \V Aummimmummiir COUNTY BOARD OF EQUALIZATION WELD COUNTY Single County Schedule Number R1395802 STIPULATION (As To Tax Year_2015_Actual Value) RE PETITION OF : NAME: Safeway Stores 46 Inc ADDRESS: 100 S Rollie Ave Fort Lupton Petitioner(s) and the Weld County Assessor hereby enter into this Stipulation regarding the tax year 2015 valuation of the subject property, and jointly move the Board of Equalization to enter its order based on this Stipulation. Petitioner(s)and Assessor agree and stipulate as follows: 1. The property subject to this Stipulation is described as: LOT 5 BLK 1 FORT LUPTON COMMUNITY CEN 1'hR FG#2 2. The subject property is classified as commercial property. 3. The County Assessor originally assigned the following actual value to the subject property for the tax year 2015: Total $594,853.00 4. After further review and negotiation,Petitioner(s)and Weld County Assessor agree to the following tax year 2015 actual value for the subject property: Total $500,000.00 5. The valuation, as established above, shall be binding only with respect to tax year 2015. 6. Brief narrative as to why the reduction was made: further review of the cost approach 7. Both parties agree that: ❑The hearing scheduled before the Board of Equalization on(Date)at (Time) be vacated. ®A hearing has not yet been scheduled before the Board of Equalization. 81395802 1 2015-2280 74),/ irs ooq) TED this 20, day of July, 2015. P S evAx~f., Pet toner(s) or Agent or Att ney (Assistant) County Attorney for Respondent, Weld County Board of Commissioners Address: Address: / rkk,fiQrige c°s,4/L. _5-0.4,eth e c s.TJC. 1150 "O" Street .1-133 5, t ar,cfk.., Gad. Cel /4,4 P.O. Box 758 4,..k d Cr, Sin&7 Greeley, CO 80632 Telephone: 7, 0-9( 2 575'0 Telephone:(970) 336-7235 County Assessor / . r , f / , Address: 1400 N.17th Avenue Greeley, CO 80631 Telephone: (970) 353-3845 ext. 3697 Docket Number Stip-1.Frm R1395802 2 A-\ NOTICE OF DETERMINATION RECEIVED Christopher M. Woodruff JUL 1 3 2015 Date of Notice: 6/30/2015 Weld County Assessor Telephone: (970) 353-3845 1400 N 17th Ave WELD COUNTY Fax: (970) 304-6433 Greeley, CO 80631 COMMISSIONERS Office Hours: 8:00AM-5:00PM ACCOUNT NO. TAX YEAR TAX AREA LEGAL DESCRIPTION/PHYSICAL LOCATION R1395802 2015 0882 FTL 2FLCC LOT 5 BLK1 FORT LUPTON COMMUN ITY CENTER FG#2 W SAFEWAY STORES 46 INC 5918 STONERIDGE MALL RD 100 S ROLLIE AV O PLEASANTON,CA 94588-3229 FORT LUPTON,CO 000000000 W a O cc a. ASSESSOR'S VALUATION PROPERTY CLASSIFICATION ACTUAL VALUE PRIOR TO ACTUAL VALUE AFTER REVIEW REVIEW COMMERCIAL 594,853 594,853 TOTAL $594,853 $594,853 The Assessor has carefully studied all available information, giving particular attention to the specifics included on your protest. The Assessor's determination of value after review is based on the following: CM05- The law requires that data from Jan 2013 to June 2014 be used to establish current values. We have considered all three approaches to value and we have denied your appeal based upon this data. If you disagree with the Assessor's decision, you have the right to appeal to the County Board of Equalization for further consideration, § 39-8-106(1)(a), C.R.S. The deadline for filing real property appeals is July 15. The Assessor establishes property values. The local taxing authorities (county, school district, city, fire protection, and other special districts) set mill levies. The mill levy requested by each taxing authority is based on a projected budget and the property tax revenue required to adequately fund the services it provides to its taxpayers. The local taxing authorities hold budget hearings in the fall. If you are concerned about mill levies, we recommend that you attend these budget hearings. Please refer to last year's tax bill or ask your Assessor for a listing of the local taxing authorities. Please refer to the reverse side of this notice for additional information. Agent(If Applicable): 1ST NET REAL ESTATE SERVICES, INC 3333 S WADSWORTH BLVD UNIT 200 LAKEWOOD, CO 80227-5170 oe : 04A,743 6000-0094 AS 0D9/ APPEAL PROCEDURES County Board of Equalization Hearings will be held from July 29 through August 5 at 1150 O Street. To appeal the Assessor's decision, complete the Petition to the County Board of Equalization shown below, and mail or deliver a copy of both sides of this form to: Weld County Board of Equalization 1150 O Street, P.O. Box 758 Greeley, CO 80631 Telephone: (970) 356-4000 ext, 4225 To preserve your appeal rights, your Petition to the County Board of Equalization must be postmarked or delivered on or before July 15 for real property — after such date, your right to appeal is lost. You may be required to prove that you filed a timely appeal; therefore, we recommend that all correspondence be mailed with proof of mailing. You will be notified of the date and time scheduled for your hearing. The County Board of Equalization must mail a written decision to you within five business days following the date of the decision. The County Board of Equalization must conclude hearings and render decisions by August 5, § 39-8-107(2), C.R.S. If you do not receive a decision from the County Board of Equalization and you wish to continue your appeal, you must file an appeal with the Board of Assessment Appeals by September 10, § 39-2-125(1)(e), C.R.S. If you are dissatisfied with the County Board of Equalization's decision and you wish to continue your appeal, you must appeal within 30 days of the date of the County Board's written decision to ONE of the following: Board of Assessment Appeals District Court 1313 Sherman Street, Room 315 Contact the District Court in the County Denver, CO 80203 where the property is located. See your (303) 866-5880 local telephone book for the address and www.dola.colorado.aov/baa telephone number. Binding Arbitration For a list of arbitrators, contact the County Commissioners at the address listed for the County Board of Equalization. If the date for filing any report, schedule, claim, tax return, statement, remittance, or other document falls upon a Saturday, Sunday, or legal holiday, it shall be deemed to have been timely filed if filed on the next business day, § 39-1-120(3), C.R.S. PETITION TO COUNTY BOARD OF EQUALIZATION What is your estimate of the property's value as of June 30, 2014? (Your opinion of value in terms of a specific dollar amount is required for real property pursuant to § 39-8-106(1.5), C.R.S.) $ -02Z C:3..) What is the basis for your estimate of value or your reason for requesting a review? (Please attach additional sheets as necessary and any supporting documentation, i.e., comparable sales, rent roll, original in Igd cos app ais I, c.) ATTESTATION I, the un.-rsigned ow or agent' of the property identified above, affirm that the statements contained herein and o an attachme hereto are true and complete. / 72O -% 257, 7-/a X5 Signature Telephone Number Date clffes2)afp eS. e ."._ Email Address ' Attach letter of authorization signed by property owner. 15-DPT-AR PR 207-08/13 R1395802 8431028 Cost Approach 100 S. Rollie Direct Cost of Exsisting Improvements Building: 1,058 Square Feet @ $ 85.00 per square feet $ 89,930 Canopy 5,500 Square Feet @ $ 17.75 $ 97,625 Site Improvements SF 35,342 @ $ 2.00 $ 70,684 Total Direct Cost $ 258,239 Developers Indirect Cost and Profit @ 10% $ 25,824 Replacement Cost New $ 284,063 Depreciation, which is a loss in value of improvements, may be thought of in three catagories. Physical Depreciation: 15% $ (42,609) Economic Depreciation: Functional Depreciation: Depreciated Improvement Value $ 241,453 Add land to Value $ 5.50 $ 194,381 Total $ 435,834 Rounded $ 435,834 3282 Cr-27 SOLD 1 Fort Lupton,CO 80621 Sale on 12/5/2013 for$335,600($3.85/SF)-Research Complete Industrial Land of 2 AC(87,120 SF) I ,� ; Y rte* - O 1 r ' ' 127 I 500 yd:, Microsoft' I Virtual Earth-'aunty F£=th J1�7 j L�_r;.. '�'�.3.i1/7=L2,'J sii. our Buyer&Seller Contact Info Recorded Buyer: Fidel Salinas Recorded Seller: Meadows William F True Buyer: Salinas Fidel True Seller: Williams F Meadows Salinas Fidel William Meadow 358 Ash Ave 3282 County Road 27 Brighton,CO 80601 Fort Lupton,CO 80621 (303)536-4944 Seller Type: Individual Listing Broker: Phill Foster&Company Peter Gunderson (303)399-9422 Transaction Details ID:2944333 Sale Date: 12/05/2013(49 days on market) Sale Type: Investment Escrow Length: - Land Area: 2 AC(87,120 SF) Sale Price: $335,600-Confirmed Proposed Use: - Asking Price: 350000 Price/SF Land Gross: $3.85($167,800.00/AC) Transfer Tax: $33.55 Financing: $301,900.00 from Seacoast Commerce Bank Document No: 3982555 Transaction Notes The subject property sold on December 5,2014 for$335,600.The property will be used to operate a trucking business. Income Expense Data Expenses -Taxes $951 -Operating Expenses Total Expenses $951 a;G Copyrighted report licensed to 1st Net Real Estate Services-89536. 7/10/2015 I I Page 1 3282 Cr-27 SOLD Industrial Land of 2 AC(87,120 SF)(con't) Current Land Information ID:9245482 Zoning: - Proposed Use: - Density Allowed: - Land Area: 87,120 SF(2 AC) Number of Lots: - On-Site lmprov: - Max#of Units: - Lot Dimensions: - Units per Acre: - Owner Type: - Improvements: - Location Information Metro Market: Denver Submarket: Weld County/Weld County County: Weld CBSA: Greeley,CO CSA: Denver-Aurora-Boulder,CO DMA: Denver,CO-NE-WY-NV 7 li Copyrighted report licensed to 1st Net Real Estate Services-89536. 7/10/2015 Page 2 L Multi-Property SOLD 3 Multi-Property sale on 10/8/2013 of 4 Land parcels,for$900,000($3.02/SF)-Research Complete a Q St c ' 1 O, 1 5th St lei i I I r g 4th St £ ago 3� s • ? 3rd St 4 2nd St 4 7 q Rollie Ave @ 1st StIil II Rollie Ave ,w-lst-S "1 52 ' ' it y1 St_ t ` e r r..4,f C: tier,}S..c�r, 4n y r L , £ 1' s` a a 14 . 0 ' - S00 J d El Rollie Ave El Rollie Ave virtual Earth''' J .33:Ji=must-.-1e:r :t:. :,--I.>:;1-7 Summary of Property Info-at time of sale Address City,State Type-Class Property SF Built Sale Price IIRollie Ave @ 1st St Fort Lupton,CO Land - - $218,578(Allocated) ElRollie Ave Fort Lupton,CO Land - - $218,603(Allocated) ElRollie Ave Fort Lupton,CO Land - - $235,713(Allocated) 113 Rollie Ave Fort Lupton,CO Land - - $227,105(Allocated) Buyer&Seller Contact Info Recorded Buyer: B&B Ft Lupton Lie Recorded Seller: Vincent Properties Inc True Buyer: Joy A Berry True Seller: Vincent Properties Inc Joy Berry Dana Martin 651 Elm St 2567 County Road 29 Denver,CO 80220 Fort Lupton,CO 80621 (303)999-0905 Buyer Type: Individual Seller Type: Corporate/User Listing Broker: Legend Retail Group Tam!Lord (303)390-5244 Taylor Stone (720)529-2987 Transaction Details ID:2866530 Sale Date: 10/08/2013(18 days on market) Sale Type: Investment Escrow Length: - RBA: - Sale Price: $900,000-Full Value Land Area: 6.83 AC(297,576 SF) Asking Price: $525,000 Price/SF: - Pro Forma Cap Rate: - Percent Improved: - Transfer Tax: - Total Value Assessed: $2,380 in 2012 Improved Value Assessed - Land Value Assessed: $2,380 Land Assessed/SF: $0.00 Copyrighted report licensed to 1st Net Real Estate Services-89536. 7/10/2015 1 , [I, Page 5 Multi-Property SOLD Multi-Property sale on 10/8/2013 of 4 Land parcels,for$900,000($3.02/SF)-Research Complete(con't) Parcel No: 147105246004,147105246003,147105246002,147105246001 Document No: 3969373 Financing: Down payment of$320,000.00(35.6%) $580,000.00 from Seller Transaction Notes Lots 1 through 4 at the NE corner of Rollie Avenue and Highway 52,was sold for$900,000 on October 8th 2013.The sale consisted of 12.35 acres of commercial land. Current Land Information: Rollie Ave @ 1st St ID:790201 Zoning: C-1 Proposed Use: Commercial/Retail/Mixed Use Density Allowed: - Land Area: 60,091 SF(1.38 AC) Number of Lots: 1 Min Div Lot Size: - Max#of Units: - On-Site Improv: - Units per Acre: - Lot Dimensions: - Improvements: - Owner Type: Individual Name: Vacant Land Topography: Level Off-Site Improv: Curb/Gutter/Sidewalk,Electricity,Gas,Sewer,Streets,Water Location Information Cross Street: 1st St Located: NEC Rollie Avenue&1st Street Metro Market: Denver Submarket: Weld County/Weld County County: Weld CBSA: Greeley,CO CSA: Denver-Aurora-Boulder,CO DMA: Denver,CO-NE-WY-NV Current Land Information: Rollie Ave ID: 1346519 Zoning: C-1 Proposed Use: Commercial/Retail/Mixed Use Density Allowed: - Land Area: 50,965 SF(1.17 AC) Number of Lots: 1 Min Div Lot Size: 130,680 SF Max#of Units: - On-Site Improv: Raw land Units per Acre: - Lot Dimensions: - Improvements: - Owner Type: Individual Topography: Level Off-Site Improv: Curb/Gutter/Sidewalk,Electricity,Gas,Sewer,Streets,Water Location Information Located: NEC of 1st&Rollie Metro Market: Denver Submarket: Weld County/Weld County County: Weld CBSA: Greeley,CO CSA: Denver-Aurora-Boulder,CO DMA: Denver,CO-NE-WY-NV Copyrighted report licensed to 1st Net Real Estate Services-89536.9 p 7/10/2015 l Page 6 Multi-Property SOLD Multi-Property sale on 10/8/2013 of 4 Land parcels,for$900,000($3.02/SF)-Research Complete(con't) Current Land Information: Rollie Ave ID:9225317 Zoning: C-1 Proposed Use: Commercial/Retail/Mixed Use Density Allowed: - Land Area: 50,747 SF(1.17 AC) Number of Lots: 1 Min Div Lot Size: - Max#of Units: - On-Site Improv: Raw land Units per Acre: - Lot Dimensions: - Improvements: - Owner Type: Individual Topography: Level Off-Site Improv: Curb/Gutter/Sidewalk,Electricity,Gas,Sewer,Streets,Water Location Information Located: NEC of 1st St&Rollie Ave Metro Market: Denver Submarket: Weld County/Weld County County: Weld CBSA: Greeley,CO CSA: Denver-Aurora-Boulder,CO DMA: Denver,CO-NE-WY-NV Current Land Information:Rollie Ave ID:9252217 Zoning: - Proposed Use: Commercial Density Allowed: - Land Area: 135,772 SF(3.12 AC) Number of Lots: - Land Area-Net: 135,777 SF Max#of Units: - On-Site Improv: - Units per Acre: - Lot Dimensions: - Improvements: Vacant Land Owner Type: Individual Off-Site Improv: Curb/Gutter/Sidewalk,Electricity,Gas,Sewer,Streets,Water Location Information Metro Market: Denver Submarket: Weld County/Weld County County: Weld CBSA: Greeley,CO CSA: Denver-Aurora-Boulder,CO DMA: Denver,CO-NE-WY-NV Copyrighted report licensed to 1st Net Real Estate Services-89536. 7/10/2015 I Page 7 � �I e e N X a 76 m n N N a) @ o N O 7 C ¢ O O ,O W .2 . — -- o o � k o�'o• rn o 0 0 0 N. — i) U A . 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') 0 a) ,42..,) ,-+" L a) ° v a a s aa) V° o o o 4E-o N 7 b 0 ro C •C 0 b 325 E 4th Ave SOLD 1Severance,CO 80550 Sale on 12/27/2013 for$1,400,000($311.11/SF)-Research Complete 4,500 SF Retail Service Station Building Built in 2006 2nd Ave 3rd AV P. 'C ° ;t�' .t a k+ 4`hA•r tip, •1:0 + t 11'+� Pe/th A% _incj' _ .„ m=ta � �'� t } SCI"§(.=fDt % �3 a q.. _.r # a • t u l 431:.,5= ^' r, '1 C C.5 tvturosofe - - Virtual Earth"` -„+ r,:a.:J�_t tea! � n i r a Buyer&Seller Contact Info Recorded Buyer: Qs Mart Inc Recorded Seller: DKN Dev LLC True Buyer: Metro Gas&Convenience Store True Seller: DKN Dev LLC Nemat Qasemi Karl Schmidt 6363 S Jackson Gap Ct PO Box 2798 Aurora,CO 80016 Loveland,CO 80539 (970)834-1373 (303)287-7400 Buyer Type: Corporate/User Seller Type: Individual Transaction Details ID:2930034 Sale Date: 12/27/2013 Sale Type: Owner/User Escrow Length: - Bldg Type: Retail-Service Station Sale Price: $1,400,000-Full Value Year Built/Age: Built in 2006 Age:7 Asking Price: - GLA: 4,500 SF Price/SF: $311.11 Land Area: 1.21 AC(52,625 SF) Price/SF Land Gross: $26.60 Percent Leased: 100.0% Percent Improved: 85.5% Total Value Assessed: $314,640 in 2012 Improved Value Assessed $268,860 Land Value Assessed: $45,780 Land Assessed/SF: $0.00 Parcel No: 080702142001 Document No: 3987017 Transaction Notes Public record indicates the gas station/convenience store with a car wash sold for$1.4 million. Copyrighted report licensed to 1st Net Real Estate Services-89536. • 4751 VV 10th St SOLD 3 Greeley,CO 80634 Sale on 9/24/2012 for$750,000($215.89/SF)-Research Complete 3,474 SF Retail Service Station Building Built in 1995 "IN 5th St ri 8th St Rd r , st � 9 3 igirirztittNtif W 9th S•Rd SA- W10thStt f., ^� d lathStRd Microsoft.- `'T ` t i Virtual Earth'" „. 'a - I. -., L t 3 lirr �i3 3x�-r:u: -.JS_ 13 Buyer&Seller Contact Info Recorded Buyer: Bajwa Bros Greeley Llc Recorded Seller: Wilshire State Bank 4751 W 10th St Greeley,CO 80634 True Buyer: - True Seller: Wilshire Bank 3200 Wilshire Blvd Los Angeles,CA 90010 (213)385-5165 Seller Type: Bank/Finance Transaction Details ID:2576225 Sale Date: 09/24/2012 Sale Type: Owner/User Escrow Length: - Bldg Type: Retail-Service Station Sale Price: $750,000-Full Value Year Built/Age: Built in 1995 Age: 17 Asking Price: - GLA: 3,474 SF Price/SF: $215.89 Land Area: 0.72 AC(31,363 SF) Price/SF Land Gross: $23.91 Percent Leased: 100.0% Tenancy: Single Percent Improved: 66.2% Total Value Assessed: $215,990 in 2012 Improved Value Assessed $142,910 Land Value Assessed: $73,080 Land Assessed/SF: $2.00 Financing: Down payment of$187,500.00(25.0%) $562,500.00 from Pacific City Bank Parcel No: 095903421002 Document No: 3876925 Sale History: Portfolio sale of 2 properties sold on 9/24/2012 Non-Arms Length Sold for$750,000($215.89/SF)on 9/24/2012 Sold for$2,370,000($682.21/SF)on 7/20/2007 Sold for$1,800,000($518.13/SF)on 3/13/2006 ;i Copyrighted report licensed to 1st Net Real Estate Services-89536. it is 3636 23rd Ave SOLD Evans;.CO 80620. Sale on 6/27/2012 for$415,000($142.12/SF)-Research Complete 2,920 SF Retail Service Station Building Built in 1995 3 fv g Anchor Dr 34th St Sig 14 4'1 st,ti `". { 5 - ry< • t^•, •X74- 4-7.` 1 s7t4;St ck der D Ck Dr n��;-• tna St Ma.rit)a ` a: a5rJ0J yrJ Mkrosoft` ti� Virtual Earths +:E"3 Jiu o uai���t,s ur.�' , rj/J!1.:t:zla 4,141 Buyer&Seller Contact Info Recorded Buyer: John A Dageenakis Recorded Seller: RREG Investment Series LLC Series 1002 True Buyer: John A&Elayne Dageenakis True Seller: Rincon Real Estate Group John Dageenakis Kevin Dunn 16511 Essex Rd N 1245 Gold Flower Rd Platteville,CO 80651 Carlsbad,CA 92011 (303)530-1455 (888)357-3553 Buyer Type: Individual Seller Type: Developer/Owner-NTL Buyer Broker: DTZ Listing Broker: DTZ Aki Palmer Aki Palmer (970)267-7727 (970)267-7727 Travis Ackerman Travis Ackerman (970)267-7720 (970)267-7720 Transaction Details ID:2514445 Sale Date: 06/27/2012(162 days on market) Sale Type: Owner/User Escrow Length: - Bldg Type: Retail-Service Station Sale Price: $415,000-Confirmed Year Built/Age: Built in 1995 Age: 17 Asking Price: $635,000 GLA: 2,920 SF Price/SF: $142.12 Land Area: 0.59 AC(25,779 SF) Price/SF Land Gross: $16.10 Percent Leased: - Tenancy: Single Percent Improved: 59.2% Total Value Assessed: $183,140 in 2012 Improved Value Assessed $108,380 Land Value Assessed: $74,760 Land Assessed/SF: $2.00 Financing: Down payment of$415,000.00(100.0%) Legal Desc: Lot 2 Parcel No: 096119322002 Copyrighted report licensed to 1st Net Real Estate Services-89536. • 540 Main St $OLD Hudson,CO 80642 Sale on 8/8/2013 for$1,550,000($522.41/SF)-Research Complete 2,967 SF Retail Convenience Store Building Built in 1996 :off 52 l ✓ c3tit AVe s LJ - `= LS Maim St Fir St slain$t < ffi `f� d 1-^ 11 t D r . ' ` 5th Ave e 5th Ave • - 4th. Ave 3rd Ave '7 500 yd.; tulkrosirft Virtt3a(.Eart}1 . "3:.l9..r drJf-;"--4;,t-r=4.14•=, 13l b'/T 3 JJ s't Buyer&Seller Contact Info Recorded Buyer: Rds Village Lic Recorded Seller: Silco Oil Company True Buyer: Davinder Sandhu True Seller: Silco Oil Co. David Sandhu Susan Vanderberg 3588 Dexter Ct 181 E 56th Ave Denver,CO 80207 Denver,CO 80216 (303)984-5918 (303)292-0500 Buyer Type: Individual Seller Type: Corporate/User Listing Broker: BRC Real Estate Michael Bright (303)541-1570 Dan Clayton (303)541-1591 Transaction Details ID:2815395 Sale Date: 08/08/2013(135 days on market) Sale Type: Investment Escrow Length: - Bldg Type: Retail-Convenience Store Sale Price: $1,550,000-Full Value Year Built/Age: Built in 1996 Age: 17 Asking Price: $1,700,000 GLA: 2,967 SF Price/SF: $522.41 Land Area: 0.41 AC(17,860 SF) Price/SF Land Gross: $86.79 Percent Leased: 100.0% Tenancy: Single Financing: Down payment of$387,500.00(25.0%) $1,162,500.00 from Points West Community Bk Parcel No: 147310104018 Document No: 3955400 Copyrighted report licensed to 1st Net Real Estate Services-89536. ■l[I/i/i.1 /iii ''x/1/1//t i/il lulu/////il lst Net Real Estate Services,Inc.. 3333 S. Wadsworth Blvd.Ste.200 unit M1 EI 1/111 Lakewood CO 80227,Phone:720-962-5750,Fax:720-962-5760 LE ITER OF AUTHORITY To Whom It May Concern: I, Robin H.Knight , am the owner, and/or agent of the owner, of the following real and/or business personal property: ADDRESS PARCEL/SCHEDULE NUMBER COUNTY See Exhibit A,Attached hereto and incorporated herein by this reference I do hereby authorize 1st Net Real Estate Services, Inc. to represent my interests and to appear on my behalf before County Assessor,County Board of Equalization,Board of County Commissioners,the Colorado Board of Assessment Appeals,binding arbitration, District Court, all Colorado state courts, and/or any other agency or entity with regard to any and all matter(s) concerning the valuation and taxation of the above mentioned property(s)for tax years 2015, and all previous years as allowed by Colorado law. The undersigned requests that copies of all decisions from any of the above entities,or any other agency or entity,as is involved pertaining to matters of valuation and/or taxation for the above-mentioned property(s),be mailed to: 1st Net Real Estate Services,Inc. 3333 South Wadsworth Blvd. Suite 200 Lakewood,CO 80227 Phone: (720)962-5750 Fax: (720)962-5760 Dated this 0-7 day of 20 fT Owner/Tenant: Safewa Inc. Signature: Print Name: Robin H.Knight Title: if—SS/STINT 7—XagWE/ Address: 11555 Dublin Canyon Road City, State,Zip: Pleasanton,CA 94588 Phone: 925-226-5565 Fax#: 925-226-5738 TE OF CALIFORNIA ) SS COUNTY OF ) ° Sworn to and subscribed be this day of —� `-‘-• ,20 by Witness my hand and official seal. My Commission expires Notary Public Address A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document, to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. STATE OF CALIFORNIA ) ) ss. COUNTY OF ALAMEDA ) Subscribed and sworn to (or affirmed) before me on this 27th day of May, 2015 by Robin H. Knight, proved to me on the basis of satisfactory evidence to be the person who appeared before me. ------ ---� '•. JANICE M.PALMER cam.#1988591 a. nJ-n�o 2 i NOTARY MCC•CAUF0R►BA n-tune �t�- •f u +C0W( WI-COMM EXP.sEPTEMBER4b.2016 (Seal) Exhibit A Address Schedule No. County 1500 E.Main R008847 Montezuma 1329 S.Townsend Ave. R-0650918 Montrose 1330 S.Townsend Ave. R-0017423 Montrose 620 W.Platte Ave. R007286 Morgan 315 W.2nd Avenue 464-303-406-001 Otero 906 E. Olive 200048511 Prowers 1017 N.Market Plaza 05-071-05-008 Pueblo Vacant Land 05-071-05-013 Pueblo Vacant Land 05-071-05-002 Pueblo 617 W.29th Avenue 05-241-02-041 Pueblo 1322 E. 8th Street 04-293-34-015 Pueblo 1348 E. 8th Street 04-293-34-020 Pueblo Vacant Land 04-293-34-019 Pueblo 1231 S.Prairie 15-034-31-006 Pueblo 1223 S.Prairie 15-034-33-003 Pueblo 1200 2nd Avenue 3531330012 Rio Grande 37500 E.Hwy. 40 R4251212 Routt 1008 Summit 1900139 Summit 1008 Summit 1900072 Summit 1 101 E. Hwy.24 R0000875 Teller Woodland Park R0000871 Teller 1122 11`h Avenue R3239986 Weld 100 S. Rollie Avenue R1395402 Weld 101 S.Rollie Avenue (Fuel) R1395802 Weld 1535 Main R0584601 Weld 1536 Main (Fuel) R0584701 Weld 8206 13 CR R0722701 Weld 8206 13 CR R5411386 Weld 8206 13 CR R0722901 Weld 4632 Centerplace Dr. R2132803 Weld Client InitialsAgent Initials 64 Hello