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Property profile & analytics
OFF-MARKET
Estimated value
$8,290,000
Warehouses
1005 120th St Lafayette, CO 80026-2462
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US13-1245279
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1976
Construction
STEEL FRAME
Total area
15,200 SF
Lot
7.47 ac (325,350 SF)
Zoning code
2135
APN
1575-02-4-00-010
UPID
US13-1245279
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
-
SystemBuilt Timber General Contractor
-
Rocky Mountain Timber Solutions General Contractor
-
Container Reclaimer Big Box & Wholesale Store
-
Rocky Mountain Joinery Center Construction Company
-
Cornerstone Homes Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.01M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.90M
Blend (final)
Blend
$8.29M
Owner & transaction history
333 Park Macarthur LLC · 4 yrs held
333 Park Macarthur LLC
since 2022
Last sale
$8.7M
2 recorded transactions
Zoning & alternative use
2135 · Lafayette, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$7.4M
+135.3%
Auto repair, garage
$7.1M
+125.2%
Office building
$6.8M
+118.0%
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 Lafayette submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lafayette 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
$7,855,000
ML approach
$8,005,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$7,390,000
Change: +135% · Conversion: Difficult
AUTO REPAIR, GARAGE
$7,075,000
Change: +125% · Conversion: Easy
OFFICE BUILDING
$6,845,000
Change: +118% · Conversion: Difficult
Blend value · Realmo final
$8.29M
Range $7.46M – $9.12M · ±10% · vs last sale $8.65M (Jul 21 2022)
Last sale anchor
$8.65M
Jul 21 2022
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
$545 / 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
$184,477
Tax year 2023
Assessed value
$2,118,141
Assessed 2023
Previous assessed
$688,808
+207.5% YoY
Effective rate
8.71%
On assessed value
Assessed land
$618,683
Assessed improvement
$1,499,458
Land market value
$2,217,500
Improvement market value
$5,374,400
Total market value
$7,591,900
Applied tax rate
110.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1976
Construction
STEEL FRAME
Heating
ELECTRIC
Buildings
2
Stories
1
Total area
15,200 SF
Lot
7.47 ac (325,350 SF)
Zoning code
2135
APN
1575-02-4-00-010
UPID
US13-1245279
Jurisdiction
BOULDER
Zoning & alternative use
2135 · Lafayette, COZoning 2135 · permitted uses
2135 · Lafayette, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$7.4M
AUTO REPAIR, GARAGE
Est. value
$7.1M
OFFICE BUILDING
Est. value
$6.8M
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
ELECTRIC
Stories
1
Buildings
2
Lot
7.47 ac
Current owner
From public records · entity-resolved
333 Park Macarthur LLC
Entity
Mailing address
3940 LAUREL CYN BLVD, STUDIO CITY, CA 91604-3709
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 21, 2022
$8,650,000
333 Park Macarthur LLC
Lafayette Land LLC
Special Warranty Deed
$5,881,827 · Encore Bank NA
Aug 31, 2005
$800,000
111 Havana Partners LLC
Lafayette Land LLC
Grant Deed
$2,900,000 · Horizons Banks NA
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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