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Property profile & analytics
OFF-MARKET
Estimated value
$7,310,000
Manufacturing properties
1301 Iowa Ave Longmont, CO 80501-6354
Entity Owned
3-yr Hold
Free & Clear
Property ID
US13-0189210
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1973
Construction
STEEL FRAME
Total area
65,140 SF
Lot
5.34 ac (232,698 SF)
Zoning code
3115
APN
1315-09-0-44-001
UPID
US13-0189210
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
-
Alpharma Inc Factory Production Facility
-
Maure Porta Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.66M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.30M
Blend (final)
Blend
$7.31M
Owner & transaction history
1301 Iowa Ave LLC · 3 yrs held
1301 Iowa Ave LLC
since 2022
Last sale
$6.7M
5 recorded transactions
Zoning & alternative use
3115 · 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
Method
Estimation
Statistic approach
$8,275,000
ML approach
$7,655,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$7.31M
Range $6.58M – $8.04M · ±10% · vs last sale $6.66M (Dec 13 2022)
Last sale anchor
$6.66M
Dec 13 2022
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
$112 / 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
$269,839
Tax year 2023
Assessed value
$2,859,945
Assessed 2023
Previous assessed
$1,570,350
+82.1% YoY
Effective rate
9.44%
On assessed value
Assessed land
$395,343
Assessed improvement
$2,464,602
Land market value
$1,417,000
Improvement market value
$8,833,700
Total market value
$10,250,700
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1973
Construction
STEEL FRAME
Heating
FLOOR/WALL FURNACE
Stories
1
Total area
65,140 SF
Lot
5.34 ac (232,698 SF)
Zoning code
3115
APN
1315-09-0-44-001
UPID
US13-0189210
Jurisdiction
BOULDER
Zoning & alternative use
3115 · Longmont, COZoning 3115 · permitted uses
3115 · 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
1973
Construction
STEEL FRAME
Heating
FLOOR/WALL FURNACE
Stories
1
Lot
5.34 ac
Current owner
From public records · entity-resolved
1301 Iowa Ave LLC
Entity
Free & Clear · 3 yrs held
Mailing address
724 S PEARL ST, DENVER, CO 80209-4213
Ownership since
2022
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
Dec 13, 2022
$6,656,000
1301 Iowa Ave LLC
Huvepharma INC
Special Warranty Deed
—
Feb 17, 2016
$3,505,800
Huvepharma INC
Zoetis LLC
Grant Deed
—
May 27, 2015
$2,186,700
Zoetis LLC
Zoetis Products LLC
Warranty Deed
—
Jan 30, 2009
—
Alpharma INC
—
Deed Of Trust
related
$5,899,500 · Credit Suisse
Nov 1, 2005
—
Alpharma INC
—
Deed Of Trust
related
$210,000,000 · Bank Of America
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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