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    Property profile & analytics

    100 Cleveland St Lafayette, CO 80026-2339

    • Office buildings
    • 4,621 SF
    • 0.33 lot acres
    OFF-MARKET
    Last Sale
    Sep 09, 2021
    $1,499,000
    Value Estimations
    $1,420,000
    Show details
    Cap Rate Potential
    4.5%
    Office buildings
    Location Intelligence
    Property ID
    US13-2217954
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Neurodiversity Community Center / Community Center
    • Lafayette Empowerment Center / Association / Organization
    • Local Goods Colorado / Gift Shop

    Property Details for 100 Cleveland St

    Year built
    1981
    Construction
    CONCRETE BLOCKS
    Lot size
    0.33 lot acres
    Property size
    4,621 SF
    Property type
    Office buildings
    APN
    1575-02-2-85-001
    APU
    157502285001

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,445,000
      ML approach
      $1,530,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,090,000
      6.5%
      $1,010,000
      7%
      $935,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,828,000
      Market price range: $1.23M - $3.48M
      AI Estimate
      $868,000
      Market price range: $282k - $1.74M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lafayette
    County
    Boulder
    State
    Colorado
    Longitude
    -105.09
    Latitude
    39.997
    CBSA code
    14500
    CBSA name
    BOULDER, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $25,594
    $129,289
    $172,953
    $302,242
    -
    $463,400
    $619,901
    $1,083,301

    Comparable in this City

    • Value Estimation
      $565,000
      82,586 SF

      2650 Cres Dr

      OFFICE BUILDING • 82,586 SF
      2650 Cres Dr, Lafayette, CO 80026-3374
      View Details
    • Value Estimation
      $995,000
      3,454 SF

      2672 Northpark Dr

      OFFICE BUILDING • 3,454 SF
      2672 Northpark Dr, Lafayette, CO 80026-3493
      View Details
    • Value Estimation
      $265,000
      162 SF

      210 Simpson St

      OFFICE BUILDING • 162 SF
      210 Simpson St, Lafayette, CO 80026-2324
      View Details
    • Value Estimation
      $440,000
      486 SF

      401 Simpson St

      OFFICE BUILDING • 486 SF
      401 Simpson St, Lafayette, CO 80026-2327
      View Details
    • Value Estimation
      $315,000
      5,334 SF

      1373 Frst Park Cir

      OFFICE BUILDING • 5,334 SF
      1373 Frst Park Cir, Lafayette, CO 80026-3192
      View Details
    • Value Estimation
      $310,000
      2,012 SF

      111 Public Rd

      OFFICE BUILDING • 2,012 SF
      111 Public Rd, Lafayette, CO 80026-2357
      View Details

    Similar Nearby for Sale

    • $1,300,000
      971 SF

      Lafayette Office Property For Sale

      Well-maintained office property in Lafayette's East Simpson neighborhood.
      308 E Simpson St, Lafayette, CO 80026
      View Details
    • $950,000
      3,924 SF

      Lafayette Commercial Property For Sale

      Two-building commercial property suitable for office, retail, or light industrial.
      211 E Simpson St, Lafayette, CO 80026
      View Details
    • $1,150,000
      1,462 SF

      Old Town Lafayette Commercial Property

      Historic charm meets modern visibility in Old Town Lafayette.
      100 W Cleveland St, Lafayette, CO 80026
      View Details
    • $1,225,000
      3,924 SF

      Lafayette Office Complex - Prime Location

      Two Buildings, High-Power, Versatile Space
      211 Simpson St, Lafayette, CO 80026
      View Details
    • $5,175,000
      20,901 SF

      Industrial Warehouse and Office Space

      Class A flex space in Boulder County with office finish.
      1355 Horizon Ave, Lafayette, CO 80026
      View Details
    • $1,300,000
      6,777 SF

      Downtown Lafayette Office Building

      Prime location, 3-suite office, high potential.
      401 Cleveland St, Lafayette, CO 80026
      View Details

    Similar Nearby for Lease

    • $24 SF/Yr
      2,404 SF

      Lafayette Medical Office Suites

      High-end medical offices, prime location.
      150 Old Laramie Trl, Lafayette, CO 80026
      View Details
    • $16 SF/Yr
      13,200 SF

      Office/Flex Space with Western Views

      Showroom-quality office and warehouse space with modern amenities.
      1495 Overlook Dr, Lafayette, CO 80026
      View Details
    • $21 SF/Yr

      Lafayette Office Space For Rent

      Second-floor office space in Forest Park Village, Lafayette, CO.
      1373 Forest Park Cir, Lafayette, CO 80026
      View Details
    • $25 SF/Yr
      2,012 SF

      Rustic Office Space For Rent

      Cabin-style office suites with easy access to nearby cities.
      1300 N Plaza Ct, Lafayette, CO 80026
      View Details
    • Contact for pricing
      49,829 SF

      Lafayette Office Space Available

      Office space available for lease in Lafayette, Colorado.
      2675 Crescent Dr, Lafayette, CO 80026
      View Details
    • $24 SF/Yr

      Lafayette, CO Commercial Lease

      Individual offices available near hospitals and commuter routes.
      150 Old Laramie Trl, Lafayette, CO 80026
      View Details
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    100 Cleveland St
    Lafayette, CO 80026-2339
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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