Back to Search
Property profile & analytics
OFF-MARKET
Auto shops
1254 Hover St Longmont, CO 80501-7902
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US13-1235440
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1996
Construction
CONCRETE BLOCKS
Total area
2,904 SF
Lot
0.68 ac (29,708 SF)
Zoning code
2138
APN
1315-16-2-07-001
UPID
US13-1235440
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
-
Amazon Locker - Sparta Postal Service Courier Service
-
Meineke Car Care Center Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Waino50 LLC · 11 yrs held
Waino50 LLC
since 2014
3 recorded transactions
Zoning & alternative use
2138 · Longmont, CO
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$32,468
Tax year 2023
Assessed value
$352,489
Assessed 2023
Previous assessed
$233,595
+50.9% YoY
Effective rate
9.21%
On assessed value
Assessed land
$279,837
Assessed improvement
$72,652
Land market value
$1,003,000
Improvement market value
$260,400
Total market value
$1,263,400
Applied tax rate
695.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1996
Construction
CONCRETE BLOCKS
Heating
FLOOR/WALL FURNACE
Stories
1
Total area
2,904 SF
Lot
0.68 ac (29,708 SF)
Zoning code
2138
APN
1315-16-2-07-001
UPID
US13-1235440
Jurisdiction
BOULDER
Zoning & alternative use
2138 · Longmont, COZoning 2138 · permitted uses
2138 · Longmont, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Development Code
Building & site characteristics
From public records
Year built
1996
Construction
CONCRETE BLOCKS
Heating
FLOOR/WALL FURNACE
Stories
1
Lot
0.68 ac
Current owner
From public records · entity-resolved
Waino50 LLC
Entity
Mailing address
1254 S HOVER ST, LONGMONT, CO 80501-7902
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
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
Sep 2, 2020
—
Waind50 LLC
—
Deed
related
$700,000 · Farmers St Bk
Oct 31, 2014
$710,000
Waino50 LLC
Mcmillan Land Company
Special Warranty Deed
$700,000 · Farmers State Bank & Trust Co
—
—
Waind50 LLC
—
Loan Modification
related
$700,000 · Farmers St Bk
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1254 Hover St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.