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Property profile & analytics
OFF-MARKET
Estimated value
$705,000
Manufacturing properties
1045 Coffman St Longmont, CO 80501-4340
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US13-1018581
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1930
Construction
BRICK
Total area
1,862 SF
Lot
0.27 ac (11,761 SF)
Zoning code
3115
APN
1205-34-3-21-001
UPID
US13-1018581
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
-
Highland Honey Food Processing Plant
-
landmark Monuments General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$745k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$672k
Blend (final)
Blend
$705k
Owner & transaction history
Rzm Enterprises LLC · 3 yrs held
Rzm Enterprises LLC
since 2022
Last sale
$650,000
3 recorded transactions
Zoning & alternative use
3115 · Longmont, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Development Code
Top alternative use upside
Auto repair, garage
$730,000
+59.9%
Office building
$585,000
+28.1%
Commercial (general)
$515,000
+12.4%
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
$810,000
ML approach
$745,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$455,000
Current use
AUTO REPAIR, GARAGE
$730,000
Change: +60% · Conversion: Easy
OFFICE BUILDING
$585,000
Change: +28% · Conversion: Difficult
COMMERCIAL (GENERAL)
$515,000
Change: +12% · Conversion: Difficult
Blend value · Realmo final
$705k
Range $635k – $776k · ±10% · vs last sale $650k (Nov 30 2022)
Last sale anchor
$650k
Nov 30 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
$379 / 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
$11,730
Tax year 2023
Assessed value
$124,322
Assessed 2023
Previous assessed
$105,270
+18.1% YoY
Effective rate
9.44%
On assessed value
Assessed land
$100,440
Assessed improvement
$23,882
Land market value
$360,000
Improvement market value
$85,600
Total market value
$445,600
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
1930
Construction
BRICK
Heating
FORCED AIR
Stories
1
Rooms
5
Bathrooms
1
Total area
1,862 SF
Lot
0.27 ac (11,761 SF)
Zoning code
3115
APN
1205-34-3-21-001
UPID
US13-1018581
Jurisdiction
BOULDER
Zoning & alternative use
3115 · Longmont, COZoning 3115 · permitted uses
3115 · Longmont, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Development Code
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$455,000
AUTO REPAIR, GARAGE
Est. value
$730,000
OFFICE BUILDING
Est. value
$585,000
COMMERCIAL (GENERAL)
Est. value
$515,000
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1930
Construction
BRICK
Heating
FORCED AIR
Stories
1
Rooms
5
Bathrooms
1
Lot
0.27 ac
Current owner
From public records · entity-resolved
Rzm Enterprises LLC
Entity
Mailing address
524 W 66TH ST, LOVELAND, CO 80538-4669
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 30, 2022
$650,000
Rzm Enterprises LLC
145 LLC
Special Warranty Deed
$520,000 · Jpmorgan Chase Bank NA
May 6, 2015
$390,000
1045 LLC
615 Corp
Warranty Deed
—
Sep 23, 2004
$332,600
615 Corp
Deorio Trust
Grant Deed
—
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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