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Property profile & analytics
OFF-MARKET
Estimated value
$2,205,000
Manufacturing properties
950 Sherman St A Longmont, CO 80501-6538
Entity Owned
~
Est. High Equity
Property ID
US13-0785492
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1976
Construction
STEEL FRAME
Total area
13,650 SF
Lot
1.59 ac (69,130 SF)
Zoning code
3115
APN
1315-09-0-26-001
UPID
US13-0785492
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
-
Left Hand Robotics Industrial Manufacturer Production Facility
-
Team 1619 World Headquarters High School Vocational School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.18M
CAP Approach
CAP
$2.55M
Comparable Approach
Comparable
$2.28M
Blend (final)
Blend
$2.21M
Owner & transaction history
Gear Alliance Holdings LLC
Gear Alliance Holdings LLC
since 2026
Last sale
$2.2M
7 recorded transactions
Zoning & alternative use
3115 · Longmont, CO
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 Longmont submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Longmont 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
$1,890,000
ML approach
$2,180,000
CAP Approach
CAP Return
Estimation
6%
$2,760,000
6.5%
$2,545,000
7%
$2,365,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,350,000
Current use
Blend value · Realmo final
$2.21M
Range $1.98M – $2.43M · ±10% · vs last sale $2.18M (Sep 26 2023)
Last sale anchor
$2.18M
Sep 26 2023
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
$38,909
Tax year 2023
Assessed value
$412,386
Assessed 2023
Previous assessed
$348,000
+18.5% YoY
Effective rate
9.44%
On assessed value
Assessed land
$123,621
Assessed improvement
$288,765
Land market value
$443,087
Improvement market value
$1,035,000
Total market value
$1,478,087
Applied tax rate
680.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1976
Construction
STEEL FRAME
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Total area
13,650 SF
Lot
1.59 ac (69,130 SF)
Zoning code
3115
APN
1315-09-0-26-001
UPID
US13-0785492
Jurisdiction
BOULDER
Zoning & alternative use
3115 · Longmont, CO
Zoning 3115 · permitted uses
3115 · Longmont, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Longmont. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$3.4M
INDUSTRIAL (GENERAL) Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1976
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
1.59 ac
Current owner
From public records · entity-resolved
Gear Alliance Holdings LLC
Entity
Mailing address
202 MAIN ST STE #4, LONGMONT, CO 80501-6079
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 26, 2026
—
Pk Investors LLC
—
Deed
related
$682,000 · Anb Bank
Jan 13, 2026
$1,285,680
Gear Alliance Holdings LLC
Jdp2 LLC
Special Warranty Deed
$900,000 · Alpine Bank
Jan 13, 2026
—
Jdp2 LLC Pmd LLC
Pk Investors LLC
Special Warranty Deed
—
Sep 26, 2023
$2,175,000
Pk Investors LLC
Fifth West Investments LLC
Special Warranty Deed
$1,250,625 · Fifth West Investments LLC
Jul 1, 2015
$1,050,000
Fifth West Investments LLC
Resolution Fund LLC
Grant Deed
—
Dec 1, 2014
—
Resolution Fund LLC
Pinetree Peripherals INC
Deed In Lieu Of Foreclosure
—
Aug 23, 2011
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
—
—
Pinetree Peripherals INC
—
Deed Of Trust
related
$900,000 · New Frontier Bank
—
—
Pinetree Peripherals INC
—
Deed Of Trust
related
$300,000 · New Frontier Bank
—
—
Resolution Fund LLC
—
Deed Of Trust
related
$536,000 · Larry Odau
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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