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Property profile & analytics
OFF-MARKET
Estimated value
$65,750,000
Apartment buildings
13780 Del Corso Way Broomfield, CO 80020-8423
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US13-1734746
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2014
Construction
WOOD
Total area
446,461 SF
Lot
18.15 ac (790,745 SF)
Zoning code
B-PUD
APN
157521311002
UPID
US13-1734746
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$88.31M
Comparable Approach
Comparable
$43.56M
Blend (final)
Blend
$65.75M
Owner & transaction history
Flatirons Apartments LLC · 10 yrs held
Flatirons Apartments LLC
since 2015
1 recorded transaction
Zoning & alternative use
B-PUD · Broomfield, 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 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%
$95,660,000
6.5%
$88,305,000
7%
$81,995,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$101,200,000
Change: -9% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$93,125,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$65.75M
Range $59.18M – $72.33M · ±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
$147 / 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
$819,845
Tax year 2023
Assessed value
$8,854,370
Assessed 2024
Previous assessed
$7,502,440
+18.0% YoY
Effective rate
9.26%
On assessed value
Assessed land
$758,950
Assessed improvement
$8,095,420
Land market value
$11,218,710
Improvement market value
$119,666,290
Total market value
$130,885,000
Applied tax rate
70.0000
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
2014
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Stories
3
Bathrooms
532
Total area
446,461 SF
Lot
18.15 ac (790,745 SF)
Zoning code
B-PUD
APN
157521311002
UPID
US13-1734746
Jurisdiction
BROOMFIELD
Zoning & alternative use
B-PUD · Broomfield, CO
Zoning B-PUD · permitted uses
B-PUD · Broomfield, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Broomfield. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$101.2M
INDUSTRIAL (GENERAL)
Est. value
$93.1M
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
2014
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
3
Bathrooms
532
Lot
18.15 ac
Current owner
From public records · entity-resolved
Flatirons Apartments LLC
Entity
Mailing address
PO BOX 4900, SCOTTSDALE, AZ 85261-4900
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 19, 2015
$94,500,000
Flatirons Apartments LLC
Broomfield Busn Center Apartme
Grant Deed
$34,000,000 · Miscellaneous Ins Co
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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