Entity Owned Property summary
AI-generated overview
The property is situated on 2.5 acres in the Vista Business Park in Lafayette, Colorado, along a commercial corridor positioned between US 287 and I-25, with proximity to the Rock Creek Trail and local amenities. The site is within both a Federal Opportunity Zone and the Colorado Enterprise Zone. Built in 2003, the 28,450-square-foot building is configured as approximately 70% warehouse and 30% office, featuring a two-story lobby, a glass-walled conference room, and executive suites that include fireplaces, private restrooms, and west-facing decks. The office areas include private offices, a spacious bullpen, and large break rooms. Warehouse features include four 10-foot overhead doors, 17-foot ceiling heights, 3-phase power, and multiple access points. The property provides 76 surface parking spaces and includes an on-site basketball court, supporting flexible potential uses consistent with its office/warehouse layout.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2003
Construction
TILT-UP CONCRETE
Total area
19,353 SF
Lot
2.59 ac (112,646 SF)
Zoning code
3115
APN
1575-12-0-06-006
UPID
US13-2742424
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Laboratory
-
Specialty Food Shop
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.18M
CAP Approach
CAP
$3.61M
Comparable Approach
Comparable
$5.06M
Blend (final)
Blend
$5.21M
Owner & transaction history
since 2021
Last sale
$5.4M
7 recorded transactions
Zoning & alternative use
3115 · Lafayette, CO
Top alternative use upside
Office building
$8.7M
+65.1%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 9 comparables with addresses
3 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$5.21M
Value range
$4.69M – $5.73M
±10% around blend
Estimated value / SF
$269 / SF
Confidence
High
9 county-verified comps
Property data
100
Market benchmarks
33
Comparable evidence
90
$4.69M
blend $5.21M
$5.73M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
19,353 SF
Lot area
2.59 ac
Year built
2003
Stories
2
APN
1575-12-0-06-006
Zoning
3115
Assessed value
$1,226,874
Annual tax
$106,853
3
Income approach: direct capitalization
Partial preview
Income approach indication
$3.61M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$3.91M
@ 6.5% CAP return
$3.61M
@ 7% CAP return
$3.35M
4
Sales comparison
Partial preview
Sales approach indication
$2.99M
Weighted, 9 comps · high confidence
Evidence
9 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
7.8 mi away · 16,322 SF
9.3 mi away · 15,036 SF
9.6 mi away · 22,620 SF
10.3 mi away · 17,274 SF
11.4 mi away · 18,000 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$5.21M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 138 sales
$273
-1%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $269/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Office Building
Gross theoretical uplift
+65%
vs current-use indication
Industrial (general) · current use
Commercial (general)
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 9 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
Implied cap rate
4.50%
Implied, in-place cap rate for this manufacturing properties
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 4.50%
9.0%
NOI (est.)
$378k *
Last sale · Sep 2021
$5.40M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$8.40M
Move the market yield to see immediate price impact.
Value / SF
$434
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
4.00%4.50%5.00%
$340k
$8.51M
$7.56M
$6.80M
$378k
$9.45M
$8.40M
$7.56M
$416k
$10.40M
$9.24M
$8.32M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
9 found
High confidence · county-verified
Closest comparable
$2.04M
4.7 mi · Dec 2025 · $105/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$106,853
Tax year 2023
Assessed value
$1,226,874
Assessed 2023
Previous assessed
$987,520
+24.2% YoY
Effective rate
8.71%
On assessed value
Assessed land
$366,327
Assessed improvement
$860,547
Land market value
$1,313,000
Improvement market value
$3,084,400
Total market value
$4,397,400
Applied tax rate
110.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2003
Construction
TILT-UP CONCRETE
Heating
YES
Cooling
AC.PACKAGE
Stories
2
Total area
19,353 SF
Lot
2.59 ac (112,646 SF)
Zoning code
3115
APN
1575-12-0-06-006
UPID
US13-2742424
Jurisdiction
BOULDER
Zoning & alternative use
3115 · Lafayette, COZoning 3115 · permitted uses
3115 · Lafayette, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2003
Construction
TILT-UP CONCRETE
Heating
YES
Cooling
Yes
Stories
2
Lot
2.59 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
3115
Jurisdiction
Lafayette, CO
Recorded code
3115
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 3115 in Lafayette, CO.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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