New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,475,000
Manufacturing properties
1214 Commerce Ct Lafayette, CO 80026-2470
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US13-0466829
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1998
Construction
STEEL FRAME
Total area
12,000 SF
Lot
0.93 ac (40,293 SF)
Zoning code
3115
APN
1575-11-1-11-004
UPID
US13-0466829
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
-
Flatiron Panel Products Metal Fabrication Plant Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.48M
Owner & transaction history
Texas Ventures LLC · 20 yrs held
Texas Ventures LLC
since 2006
7 recorded transactions
Zoning & alternative use
3115 · Lafayette, 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 Lafayette submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lafayette 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$123 / 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
$54,673
Tax year 2023
Assessed value
$627,750
Assessed 2023
Previous assessed
$272,065
+130.7% YoY
Effective rate
8.71%
On assessed value
Assessed land
$209,250
Assessed improvement
$418,500
Land market value
$750,000
Improvement market value
$1,500,000
Total market value
$2,250,000
Applied tax rate
110.0000
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
1998
Construction
STEEL FRAME
Heating
FLOOR/WALL FURNACE
Stories
1
Total area
12,000 SF
Lot
0.93 ac (40,293 SF)
Zoning code
3115
APN
1575-11-1-11-004
UPID
US13-0466829
Jurisdiction
BOULDER
Zoning & alternative use
3115 · Lafayette, CO
Zoning 3115 · permitted uses
3115 · Lafayette, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lafayette. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1998
Construction
STEEL FRAME
Heating
FLOOR/WALL FURNACE
Stories
1
Lot
0.93 ac
Current owner
From public records · entity-resolved
Texas Ventures LLC
Entity
Mailing address
1100 S BANNOCK ST, DENVER, CO 80223-3226
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 16, 2020
—
Texa Ventures LLC
—
Deed
related
$825,000 · Centennial Lending LLC
Aug 1, 2019
—
Texas Ventures LLC
—
Deed
related
$715,000 · Tbk Bank Ssb
Sep 27, 2018
—
Texas Ventures LLC
—
Deed
related
$700,000 · Joseph Bilett
Feb 22, 2006
—
Texas Ventures LLC
Chelton Property LLC
Warranty Deed
—
Sep 19, 2005
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Dec 1, 2003
$755,000
Chelton Property LLC
Machman Construction INC
Grant Deed
—
Apr 28, 2003
—
Bachman Construction INC
Foothills LLC
Grant Deed
related
—
—
—
Texas Ventures LLC
—
Deed Of Trust
related
$700,000 · Joseph Bilett
—
—
Texas Ventures LLC
—
Deed Of Trust
related
$750,000 · Key Bank & Trust
—
—
Texas Ventures LLC
—
Loan Modification
related
$700,000 · Joseph Bilett
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.
Try Rey
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