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    Property profile & analytics

    121 2nd Ave Niwot, CO 80544-5002

    • Turn key restaurants
    • 6,668 SF
    • 0.26 lot acres
    OFF-MARKET
    Value Estimation
    $500,000
    Location Intelligence
    Property ID
    US13-0948180
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 121 2nd Ave

    Year built
    1908
    Construction
    WOOD
    Lot size
    0.26 lot acres
    Property size
    6,668 SF
    Zone code
    2112
    Property type
    Turn key restaurants
    APN
    1317-25-4-06-002
    APU
    131725406002

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Niwot
    County
    Boulder
    State
    Colorado
    Longitude
    -105.173
    Latitude
    40.1032
    CBSA code
    14500
    CBSA name
    BOULDER, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $46,775
    $133,362
    $356,004
    $489,366
    -
    $478,000
    $1,276,000
    $1,754,000

    Comparable in this City

    • Value Estimation
      $920,000
      1,379 SF

      210 Franklin St

      RESTAURANT • 1,379 SF
      210 Franklin St, Niwot, CO 80544-5013
      View Details
    • Value Estimation
      $575,000
      1,500 SF

      283 2nd Ave

      AUTO REPAIR, GARAGE • 1,500 SF
      283 2nd Ave, Niwot, CO 80544
      View Details
    • Value Estimation by Request
      5,740 SF

      361 2nd Ave

      COMMERCIAL (GENERAL) • 5,740 SF
      361 2nd Ave, Niwot, CO 80544-5004
      View Details
    • Value Estimation
      $385,000
      3,099 SF

      102 2nd Ave

      OFFICE BUILDING • 3,099 SF
      102 2nd Ave, Niwot, CO 80544-5024
      View Details
    • Value Estimation
      $530,000
      10,810 SF

      136 2nd Ave

      COMMERCIAL (GENERAL) • 10,810 SF
      136 2nd Ave, Niwot, CO 80544-5030
      View Details
    • Value Estimation
      $275,000
      2,449 SF

      198 2nd Ave

      COMMERCIAL (GENERAL) • 2,449 SF
      198 2nd Ave, Niwot, CO 80544-5035
      View Details
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    121 2nd Ave
    Niwot, CO 80544-5002
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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