Entity Owned 
For Sale
1 / 2
$1,159,000
1920 Pike Rd, Longmont, CO 80501
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Property summary
AI-generated overview
This stand-alone commercial building is located in southwest Longmont and is suitable for an owner-user. The building has a full HVAC system and includes the possibility of grade-level overhead door loading. On-site parking is available.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1984
Construction
CONCRETE BLOCKS
Total area
5,040 SF
Lot
0.87 ac (37,854 SF)
Zoning code
2120
APN
1315-16-2-02-001
UPID
US13-0138046
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
IT Consulting Firm (Bike/Boat/Book/etc) Store
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.10M
Comparable Approach
Comparable
$896k
Blend (final)
Blend
$390k
Owner & transaction history
since 2019
4 recorded transactions
Zoning & alternative use
2120 · Longmont, CO
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 12 comparables with addresses
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$390k
Value range
$351k – $429k
±10% around blend
Estimated value / SF
$77 / SF
Confidence
High
12 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
100
Income certainty
100
$351k
blend $390k
$429k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
5,040 SF
Lot area
0.87 ac
Year built
1984
Stories
1
APN
1315-16-2-02-001
Zoning
2120
Assessed value
$359,547
Annual tax
$33,134
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.10M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.19M
@ 6.5% CAP return
$1.10M
@ 7% CAP return
$1.02M
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$33,134
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$1.71M
Weighted, 12 comps · high confidence
Evidence
12 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
10.3 mi away · 6,330 SF
10.5 mi away · 4,292 SF
12.1 mi away · 6,199 SF
12.1 mi away · 6,198 SF
18.8 mi away · 4,032 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$390k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 33 sales
$314
-75%
Submarket 45 sales
$292
-73%
County 120 sales
$450
-83%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $77/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 12 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Selected market yield
3.88%
Selected cap rate for this office buildings
Derived from the Longmont market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 3.88%
9.0%
NOI (est.)
$45k *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.16M
Move the market yield to see immediate price impact.
Value / SF
$230
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
3.38%3.88%4.38%
$40k
$1.20M
$1.04M
$923k
$45k
$1.33M
$1.16M
$1.03M
$49k
$1.46M
$1.27M
$1.13M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
12 found
High confidence · county-verified
Closest comparable
$3.20M
10.2 mi · Nov 2025 · $568/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$33,134
Tax year 2023
Assessed value
$359,547
Assessed 2023
Previous assessed
$191,632
+87.6% YoY
Effective rate
9.22%
On assessed value
Assessed land
$149,711
Assessed improvement
$209,836
Land market value
$536,600
Improvement market value
$752,100
Total market value
$1,288,700
Applied tax rate
680.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1984
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
YES
Stories
1
Total area
5,040 SF
Lot
0.87 ac (37,854 SF)
Zoning code
2120
APN
1315-16-2-02-001
UPID
US13-0138046
Jurisdiction
BOULDER
Zoning & alternative use
2120 · Longmont, COZoning 2120 · permitted uses
2120 · Longmont, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1984
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.87 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
2120
Jurisdiction
Longmont, CO
Recorded code
2120
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 2120 in Longmont, CO.
What opens after registration
Zoning profile
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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