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Property profile & analytics
OFF-MARKET
Estimated value
$81,105,000
Apartment buildings
11815 Rdg Pkwy Broomfield, CO 80021-5073
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US13-2675125
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2002
Construction
WOOD
Total area
313,394 SF
Lot
24.44 ac (1,064,824 SF)
Zoning code
PUD
APN
171706101002
UPID
US13-2675125
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
$61.99M
Comparable Approach
Comparable
$96.10M
Blend (final)
Blend
$81.11M
Owner & transaction history
Stonegate Investor Group LLC · 9 yrs held
Stonegate Investor Group LLC
since 2017
5 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
Auto repair, garage
$133.6M
+71.1%
Restaurant
$117.4M
+50.3%
Retail stores
$113.7M
+45.6%
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%
$67,150,000
6.5%
$61,985,000
7%
$57,555,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$78,075,000
Current use
AUTO REPAIR, GARAGE
$133,550,000
Change: +71% · Conversion: Difficult
RESTAURANT
$117,370,000
Change: +50% · Conversion: Difficult
RETAIL STORES
$113,695,000
Change: +46% · Conversion: Difficult
OFFICE BUILDING
$87,110,000
Change: +12% · Conversion: Moderate
COMMERCIAL (GENERAL)
$86,565,000
Change: +11% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$70,970,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$81.11M
Range $72.99M – $89.22M · ±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
$259 / 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
$712,419
Tax year 2023
Assessed value
$8,083,160
Assessed 2024
Previous assessed
$6,616,400
+22.2% YoY
Effective rate
8.81%
On assessed value
Assessed land
$710,240
Assessed improvement
$7,372,920
Land market value
$10,498,680
Improvement market value
$108,986,320
Total market value
$119,485,000
Applied tax rate
3,003.0000
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
2002
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Stories
3
Bathrooms
440
Total area
313,394 SF
Lot
24.44 ac (1,064,824 SF)
Zoning code
PUD
APN
171706101002
UPID
US13-2675125
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
$78.1M
AUTO REPAIR, GARAGE
Est. value
$133.6M
RESTAURANT
Est. value
$117.4M
RETAIL STORES
Est. value
$113.7M
OFFICE BUILDING
Est. value
$87.1M
COMMERCIAL (GENERAL)
Est. value
$86.6M
INDUSTRIAL (GENERAL)
Est. value
$71.0M
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
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
2002
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
3
Bathrooms
440
Lot
24.44 ac
Current owner
From public records · entity-resolved
Stonegate Investor Group LLC
Entity
Mailing address
730 W MARKET ST, AKRON, OH 44303-1049
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 14, 2017
$86,000,100
Stonegate Investor Group LLC
Scg Atlas Stonegate LLC
Trustees Deed
$62,261,000 · * Other Institutional Lenders
Jan 28, 2016
$89,100,000
Scg Atlas Stonegate LLC
Eqr-fanwell 2007 LP
Grant Deed
$62,261,000 · Berkeley Point Cap
Jul 24, 2007
—
Eqr-fanwell 2007
Erp Operating
Grant Deed
$300,000,000 · Wells Fargo Bank
Aug 19, 2005
$40,600,000
Operating Erp
Interlocken Apartments LLC
Grant Deed
—
—
—
Stonegate Investor Group LLC
—
Deed Of Trust
related
$63,900 · Cbre Cap Markets
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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