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Property profile & analytics
OFF-MARKET
Estimated value
$21,930,000
Apartment buildings
12600 Lowell Blvd Broomfield, CO 80020-5332
Entity Owned
4-yr Hold
Free & Clear
Property ID
US13-1802423
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2018
Total area
96,013 SF
Lot
4.38 ac (190,923 SF)
Zoning code
B-2-PUD
APN
157332233001
UPID
US13-1802423
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
$18.99M
Comparable Approach
Comparable
$20.10M
Blend (final)
Blend
$21.93M
Owner & transaction history
Lw Broomfield Propco LLC · 4 yrs held
Lw Broomfield Propco LLC
since 2021
Last sale
$27.5M
3 recorded transactions
Zoning & alternative use
B-2-PUD · Broomfield, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
It is the purpose of the B-2-PUD district to contain those more intensive commercial uses which are frequently related to highway users or which, due to their nature, require outdoor operations.
Zone name
General Business Planned Unit Development District
General category
PLANNED_DEVELOPMENT
Zone area
101.90 ac
Source
Realmo
Top alternative use upside
Restaurant
$36.0M
+50.3%
Retail stores
$34.8M
+45.6%
Office building
$26.7M
+11.6%
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
$27,315,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$20,570,000
6.5%
$18,990,000
7%
$17,635,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$23,920,000
Current use
RESTAURANT
$35,960,000
Change: +50% · Conversion: Difficult
RETAIL STORES
$34,830,000
Change: +46% · Conversion: Difficult
OFFICE BUILDING
$26,685,000
Change: +12% · Conversion: Moderate
COMMERCIAL (GENERAL)
$21,765,000
Change: -9% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$20,025,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$21.93M
Range $19.74M – $24.12M · ±10% · vs last sale $27.53M (Dec 9 2021)
Last sale anchor
$27.53M
Dec 9 2021
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
$228 / 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
$109,741
Tax year 2023
Assessed value
$1,045,530
Assessed 2024
Previous assessed
$928,200
+12.6% YoY
Effective rate
10.50%
On assessed value
Assessed land
$107,630
Assessed improvement
$937,900
Land market value
$1,590,960
Improvement market value
$13,864,040
Total market value
$15,455,000
Applied tax rate
145.0000
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
2018
Heating
NONE
Stories
2
Total area
96,013 SF
Lot
4.38 ac (190,923 SF)
Zoning code
B-2-PUD
APN
157332233001
UPID
US13-1802423
Jurisdiction
BROOMFIELD
Zoning & alternative use
B-2-PUD · Broomfield, COZoning B-2-PUD · permitted uses
B-2-PUD · Broomfield, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
It is the purpose of the B-2-PUD district to contain those more intensive commercial uses which are frequently related to highway users or which, due to their nature, require outdoor operations.
Zone name
General Business Planned Unit Development District
General category
PLANNED_DEVELOPMENT
Zone area
101.90 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$23.9M
RESTAURANT
Est. value
$36.0M
RETAIL STORES
Est. value
$34.8M
OFFICE BUILDING
Est. value
$26.7M
COMMERCIAL (GENERAL)
Est. value
$21.8M
INDUSTRIAL (GENERAL)
Est. value
$20.0M
APARTMENT HOUSE (5+ UNITS) Current
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
2018
Heating
NONE
Stories
2
Lot
4.38 ac
Current owner
From public records · entity-resolved
Lw Broomfield Propco LLC
Entity
Free & Clear · 4 yrs held
Mailing address
4500 DORR ST, TOLEDO, OH 43615-4040
Ownership since
2021
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
Dec 9, 2021
$27,526,200
Lw Broomfield Propco LLC
Den Alf 1 LLC
Warranty Deed
—
Aug 18, 2014
$1,332,400
Legend Senior Properties LLC
Ciccarelli Ents Lllp
Warranty Deed
—
Sep 2, 2009
—
Ciccarelli Ents Lllp
Deputy Public Te Of Broomfield Cn
Trustees Deed
related
—
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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