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Property profile & analytics
OFF-MARKET
Estimated value
$1,335,000
Medical Office Space
1191 Ken Pratt Blvd Longmont, CO 80501-6331
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US13-0188288
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1973
Construction
CONCRETE BLOCKS
Total area
120 SF
Lot
0.87 ac (37,897 SF)
Zoning code
2137
APN
1315-10-3-00-013
UPID
US13-0188288
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
-
Peila, Jeff DVM Veterinary Clinic
-
Valley Veterinary Hospital Veterinary Clinic
-
Mc Comb Jennifer DVM Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.28M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.34M
Owner & transaction history
Dic 1191 LLC · 2 yrs held
Dic 1191 LLC
since 2023
Last sale
$1.4M
5 recorded transactions
Zoning & alternative use
2137 · Longmont, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$1,230,000
ML approach
$1,280,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.34M
Range $1.20M – $1.47M · ±10% · vs last sale $1.42M (Aug 3 2023)
Last sale anchor
$1.42M
Aug 3 2023
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
$11,125 / 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
$40,061
Tax year 2023
Assessed value
$432,970
Assessed 2023
Previous assessed
$317,840
+36.2% YoY
Effective rate
9.25%
On assessed value
Assessed land
$170,134
Assessed improvement
$262,836
Land market value
$609,800
Improvement market value
$942,065
Total market value
$1,551,865
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1973
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Stories
1
Total area
120 SF
Lot
0.87 ac (37,897 SF)
Zoning code
2137
APN
1315-10-3-00-013
UPID
US13-0188288
Jurisdiction
BOULDER
Zoning & alternative use
2137 · Longmont, CO
Zoning 2137 · permitted uses
2137 · Longmont, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Longmont. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1973
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Stories
1
Lot
0.87 ac
Current owner
From public records · entity-resolved
Dic 1191 LLC
Entity
Mailing address
1320 PEARL ST STE #300, BOULDER, CO 80302-5370
Ownership since
2023
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
Aug 3, 2023
$1,415,000
Dic 1191 LLC
1191 Ken Pratt Blvd LLC
Special Warranty Deed
—
Nov 4, 2016
—
1191 Ken Pratt Blvd LLC
—
Deed
related
$215,000 · Randy D & Linda Bartlett
Jun 29, 2004
—
Ken Pratt Blvd LLC
—
Trustees Deed
related
$430,000 · First Mainstreet Bank NA
—
—
1191 Ken Pratt Blvd LLC
—
Deed Of Trust
related
$495,000 · Guaranty Bank
—
—
1191 Ken Pratt Blvd LLC
—
Deed Of Trust
related
$215,000 · Randy D & Linda Bartlett
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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