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Property profile & analytics
OFF-MARKET Estimated value $48,445,000
Apartment buildings

1049 9th Ave Broomfield, CO 80020-1505

209,730 SF 11.22 ac lot Built 1968
Entity Owned 6-yr Hold Free & Clear
Property ID
US13-0830924
Property profile
Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1968
Construction WOOD
Total area 209,730 SF
Lot 11.22 ac (488,917 SF)
Zoning code R-5
APN 157525433005
UPID US13-0830924
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$41.48M
Comparable Approach Comparable
$46.91M
Blend (final) Blend
$48.45M
Owner & transaction history
Ten 49 Gardens LP · 6 yrs held
Ten 49 Gardens LP
since 2020
Last sale
$49.3M
5 recorded transactions
2020
$49.3M
2015
$28.8M
2015
Price N/A
2010
Price N/A
1969
Price N/A
Zoning & alternative use
R-5 · Broomfield, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

out. The former ch. 17-18 title pertained to R-5 High-Density Residential District. 17-18-010 - Intent. The demand for multiple-unit housing should be accommodated primarily through this district and the R-7 district. The location of this zone should occur in areas where moderate density development can assist in providing convenience to its occupants withou…

Zone name High Density Residential District
General category RESIDENTIAL
Zone area 47.69 ac
Source municipal code
Top alternative use upside
Restaurant $78.6M +50.3%
Retail stores $76.1M +45.6%
Office building $58.3M +11.6%
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