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Property profile & analytics
OFF-MARKET
Estimated value
$64,135,000
Apartment buildings
11555 Destination Dr Broomfield, CO 80021
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US13-2134385
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2016
Construction
WOOD
Total area
260,751 SF
Lot
8 ac (348,611 SF)
Zoning code
PUD
APN
171703422001
UPID
US13-2134385
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
$51.58M
Comparable Approach
Comparable
$79.96M
Blend (final)
Blend
$64.14M
Owner & transaction history
Dd Arista Partners LLC · 10 yrs held
Dd Arista Partners LLC
since 2016
3 recorded transactions
Zoning & alternative use
PUD · Broomfield, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Chapter 17-28 - PUD Planned Unit Development District 17-28-010 - Intent. It is intended that the PUD district be applied primarily on undeveloped land and that it be utilized to permit various land uses to develop in a compatible manner, to encourage innovations in design, and to meet the intent of the PUD as set forth in section 17-38-010 . It is further i…
Zone name
Planned Unit Development
General category
PLANNED_DEVELOPMENT
Zone area
12,044.63 ac
Source
municipal code
Top alternative use upside
Restaurant
$97.7M
+50.3%
Retail stores
$94.6M
+45.6%
Office building
$72.5M
+11.6%
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 Broomfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Broomfield 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%
$55,870,000
6.5%
$51,575,000
7%
$47,890,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$64,960,000
Current use
RESTAURANT
$97,655,000
Change: +50% · Conversion: Difficult
RETAIL STORES
$94,595,000
Change: +46% · Conversion: Difficult
OFFICE BUILDING
$72,475,000
Change: +12% · Conversion: Moderate
COMMERCIAL (GENERAL)
$72,020,000
Change: +11% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$59,050,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$64.14M
Range $57.72M – $70.55M · ±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
$246 / 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
$954,625
Tax year 2023
Assessed value
$5,681,580
Assessed 2024
Previous assessed
$4,709,510
+20.6% YoY
Effective rate
16.80%
On assessed value
Assessed land
$486,990
Assessed improvement
$5,194,590
Land market value
$7,198,710
Improvement market value
$76,786,290
Total market value
$83,985,000
Applied tax rate
4,020.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
2016
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Stories
4
Bathrooms
408
Total area
260,751 SF
Lot
8 ac (348,611 SF)
Zoning code
PUD
APN
171703422001
UPID
US13-2134385
Jurisdiction
BROOMFIELD
Zoning & alternative use
PUD · Broomfield, COZoning PUD · permitted uses
PUD · Broomfield, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Chapter 17-28 - PUD Planned Unit Development District 17-28-010 - Intent. It is intended that the PUD district be applied primarily on undeveloped land and that it be utilized to permit various land uses to develop in a compatible manner, to encourage innovations in design, and to meet the intent of the PUD as set forth in section 17-38-010 . It is further intended that detail plans will be developed in conformance with
Zone name
Planned Unit Development
General category
PLANNED_DEVELOPMENT
Zone area
12,044.63 ac
Source
municipal code
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$65.0M
RESTAURANT
Est. value
$97.7M
RETAIL STORES
Est. value
$94.6M
OFFICE BUILDING
Est. value
$72.5M
COMMERCIAL (GENERAL)
Est. value
$72.0M
INDUSTRIAL (GENERAL)
Est. value
$59.1M
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
RETAIL STORES
OFFICE BUILDING
COMMERCIAL (GENERAL)
INDUSTRIAL (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
2016
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
4
Bathrooms
408
Lot
8 ac
Current owner
From public records · entity-resolved
Dd Arista Partners LLC
Entity
Mailing address
3424 PEACHTREE RD NE STE #300, ATLANTA, GA 30326-2818
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
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
Dec 21, 2017
—
Dd Arista Partners LLC
—
Grant Deed
related
$600,000,000 · Walker & Dunlop
Feb 26, 2016
—
Dd Arista Partners LLC
Park 36 Investment LLC
Grant Deed
related
—
—
—
Dd Arista Partners LLC
—
Deed Of Trust
related
$43,014,000 · Walker & Dunlop
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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