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Property profile & analytics
OFF-MARKET
Estimated value
$4,770,000
Apartment buildings
1302 4th Ave Broomfield, CO 80020-2002
Entity Owned
14-yr Hold
Free & Clear
Property ID
US13-0656234
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1974
Construction
WOOD
Total area
28,328 SF
Lot
4.65 ac (202,510 SF)
Zoning code
B-2; R-5
APN
157535327002
UPID
US13-0656234
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
$5.61M
Comparable Approach
Comparable
$4.08M
Blend (final)
Blend
$4.77M
Owner & transaction history
George Teague Van Buren LLC · 14 yrs held
George Teague Van Buren LLC
since 2012
6 recorded transactions
Zoning & alternative use
B-2; R-5 · Broomfield, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
municipal code
Top alternative use upside
Office building
$7.9M
+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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$6,070,000
6.5%
$5,605,000
7%
$5,205,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$7,055,000
Current use
OFFICE BUILDING
$7,875,000
Change: +12% · Conversion: Moderate
COMMERCIAL (GENERAL)
$6,420,000
Change: -9% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$5,910,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$4.77M
Range $4.29M – $5.25M · ±10%
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
$168 / 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
$109,620
Tax year 2023
Assessed value
$1,186,240
Assessed 2024
Previous assessed
$918,000
+29.2% YoY
Effective rate
9.24%
On assessed value
Assessed land
$76,040
Assessed improvement
$1,110,200
Land market value
$1,124,040
Improvement market value
$16,410,960
Total market value
$17,535,000
Applied tax rate
5,055.0000
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
1974
Construction
WOOD
Heating
NONE
Cooling
NONE
Stories
3
Bathrooms
90
Total area
28,328 SF
Lot
4.65 ac (202,510 SF)
Zoning code
B-2; R-5
APN
157535327002
UPID
US13-0656234
Jurisdiction
BROOMFIELD
Zoning & alternative use
B-2; R-5 · Broomfield, COZoning B-2; R-5 · permitted uses
B-2; R-5 · Broomfield, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
municipal code
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$7.1M
OFFICE BUILDING
Est. value
$7.9M
COMMERCIAL (GENERAL)
Est. value
$6.4M
INDUSTRIAL (GENERAL)
Est. value
$5.9M
APARTMENT HOUSE (5+ UNITS) Current
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
1974
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
3
Bathrooms
90
Lot
4.65 ac
Current owner
From public records · entity-resolved
George Teague Van Buren LLC
Entity
Free & Clear · 14 yrs held
Mailing address
PO BOX 440001, AURORA, CO 80044-0001
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2020
—
George Teague Van Buren LLC
—
Deed
related
$8,030,000 · Berkadia Com'l Mtg
Jul 5, 2012
—
George Teague Van Buren LLC
Partridge Court Invs LLC
Grant Deed
related
—
Jun 29, 2012
$6,408,000
George Teague Van Buren LLC
Partridge Court Investments LLC
Special Warranty Deed
—
Aug 4, 2005
—
Delgaras LP LLC
Partridge Court Partners LLC
Grant Deed
—
Aug 4, 2005
$5,000,000
Court Investments Ll Partridge
Delgaras LP LLC
Grant Deed
$3,750,000 · Citibank Fsb
—
—
George Teague Van Buren LLC
—
Deed Of Trust
related
$8,030,000 · Berkadia Com'l Mtg
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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