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Property profile & analytics
OFF-MARKET
Estimated value
$745,000
Manufacturing properties
1111 Delaware Ave Longmont, CO 80501-6142
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US13-2529044
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1980
Construction
CONCRETE BLOCKS
Total area
5,568 SF
Lot
0.58 ac (25,352 SF)
Zoning code
3115
APN
1315-10-2-20-005
UPID
US13-2529044
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
-
Icebox Knitting, LLC Gift Shop Knit Shop
-
JP Specialty Finishes General Contractor Renovation Specialist
-
Gearhead Survival Hats Clothing Store
-
Xob Upcycled Hat Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.04M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$745k
Owner & transaction history
Icebox Knitting LLC · 18 yrs held
Icebox Knitting LLC
since 2008
4 recorded transactions
Zoning & alternative use
3115 · Longmont, CO
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,125,000
6.5%
$1,040,000
7%
$965,000
Blend value · Realmo final
$745k
Range $671k – $820k · ±10%
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
$134 / 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
$19,673
Tax year 2023
Assessed value
$208,506
Assessed 2023
Previous assessed
$156,745
+33.0% YoY
Effective rate
9.44%
On assessed value
Assessed land
$125,550
Assessed improvement
$82,956
Land market value
$450,000
Improvement market value
$297,334
Total market value
$747,334
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
1980
Construction
CONCRETE BLOCKS
Heating
FLOOR/WALL FURNACE
Stories
1
Total area
5,568 SF
Lot
0.58 ac (25,352 SF)
Zoning code
3115
APN
1315-10-2-20-005
UPID
US13-2529044
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
Building & site characteristics
From public records
Year built
1980
Construction
CONCRETE BLOCKS
Heating
FLOOR/WALL FURNACE
Stories
1
Lot
0.58 ac
Current owner
From public records · entity-resolved
Icebox Knitting LLC
Entity
Mailing address
1111 DELAWARE AVE, LONGMONT, CO 80501-6142
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 3, 2008
$425,000
Icebox Knitting LLC
1111 LLC
Grant Deed
$217,500 · Guaranty Bank
Apr 20, 2005
—
1111 LLC
Olson Gary & Carol Trust
Grant Deed
related
—
—
—
Icebox Knitting LLC
—
Deed Of Trust
related
$22,182 · Colorado Enterprise Fund
—
—
Icebox Knitting LLC
—
Deed Of Trust
related
$180,000 · Front Range Regular Economic
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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