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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1408 Horizon Ave Lafayette, CO 80026-8502

    • Industrial properties
    • 20,313 SF
    • 1.54 lot acres
    OFF-MARKET
    Last Sale
    Nov 15, 2021
    Value Estimations
    $735,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-0182879
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • PDA Dental Laboratory / Dental Laboratory
    • Lucid Dimensions Inc. / Software Company / Engineering Consultant
    • Global Connection International / Non-Profit Organization
    • Claro Scientific Laboratories / Medical Laboratory
    • Farmers Insurance - Ricardo Chavez-Balmaceda / Insurance Agency / Auto Insurance Agency

    Property Details for 1408 Horizon Ave

    Year built
    2001
    Construction
    TYPE NOT SPECIFIED
    Lot size
    1.54 lot acres
    Property size
    20,313 SF
    Zone code
    3110
    Property type
    Industrial properties
    APN
    1575-12-0-05-010
    APU
    157512005010

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $600,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $873,000
      Market price range: $583k - $2.30M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lafayette
    County
    Boulder
    State
    Colorado
    Longitude
    -105.067
    Latitude
    39.979
    CBSA code
    14500
    CBSA name
    BOULDER, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $67,600
    $284,971
    $491,207
    $776,178
    -
    $1,021,400
    $1,760,600
    $2,782,000

    Comparable in this City

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      2675 Cres Dr

      INDUSTRIAL (GENERAL) • 48,400 SF
      2675 Cres Dr, Lafayette, CO 80026-2994
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    • Value Estimation by Request
      1.65 Acres

      1475 Overlook Dr

      Land • 1.65 Acres
      1475 Overlook Dr, Lafayette, CO 80026
      View Details
    • Value Estimation by Request
      2.95 Acres

      1755 Panorama Pt

      Flex space • 2.95 Acres
      1755 Panorama Pt, Lafayette, CO 80026
      View Details
    • Value Estimation
      $390,000
      2,561 SF

      10452 Isabelle Rd

      INDUSTRIAL (GENERAL) • 2,561 SF
      10452 Isabelle Rd, Lafayette, CO 80026-9106
      View Details
    • Value Estimation
      $270,000
      5,219 SF

      1375 Horizon Ave

      INDUSTRIAL (GENERAL) • 5,219 SF
      1375 Horizon Ave, Lafayette, CO 80026-9304
      View Details
    • Value Estimation
      $280,000
      1.19 Acres

      Boulder Rd

      INDUSTRIAL (GENERAL) • 1.19 Acres
      Boulder Rd, Lafayette, CO 80026
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      28,800 SF

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      Lafayette Flex Space: Prime Location

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    • $603,200
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      Vista Business Park Condos

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    • $5,175,000
      20,901 SF

      Industrial Warehouse and Office Space

      Class A flex space in Boulder County with office finish.
      1355 Horizon Ave, Lafayette, CO 80026
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    • $375,000

      Lafayette Commercial Land - $375K

      17,934 SF Commercial Lot, Boulder County
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    • $373,000

      Premium Boulder County Building Site

      Farmette building site in a premium Boulder County location.
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    Similar Nearby for Lease

    • $20 SF/Yr
      25,612 SF

      Lafayette Industrial/Flex Build-to-Suit Opportunity

      Mass timber industrial/flex space available for lease in Lafayette, CO.
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    • $425 /Mo
      375 SF

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      Clean, well-maintained storage space with 24/7 access.
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    • Contact for pricing
      30,876 SF

      Lafayette Flex Space: 6,809 SF

      Prime Lafayette office/flex space, ideal for diverse businesses.
      1376 Miners Dr, Lafayette, CO 80026
      View Details
    • $12 SF/Yr
      56,185 SF

      Lafayette Industrial Flex Space

      Class A Flex Warehouse, 56,185 SF
      1460 Overlook Dr, Lafayette, CO 80026
      View Details
    • $5,900,000
      28,450 SF

      Versatile Lafayette Building in Vista Park

      28,450 SF building in Lafayette's Vista Business Park.
      1399 Horizon Ave, Lafayette, CO 80026
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    • $14 SF/Yr
      1,450 SF

      Lafayette Flex Spaces For Rent

      Flex spaces combining warehouse functionality with retail allure. Parking onsite.
      275 Waneka Pkwy, Lafayette, CO 80026
      View Details
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    1408 Horizon Ave
    Lafayette, CO 80026-8502
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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