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Property profile & analytics
OFF-MARKET
Estimated value
$4,030,000
Medical Office Space
1440 28th St Boulder, CO 80303-1030
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US13-0582658
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1978
Construction
WOOD
Total area
7,058 SF
Lot
0.56 ac (24,481 SF)
Zoning code
2137
APN
1463-32-2-00-043
UPID
US13-0582658
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
-
Julie Devlin DDS Dental Office
-
Kott Pediatric Dentistry Dental Office
-
Dr. Robert J. Kammer Jr, DDS Dental Office
-
Boulder Sleep Center Physician Medical Clinic
-
Dr. Richard M. Stewart, MD Ophthalmologist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.21M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.03M
Owner & transaction history
1440 Magnolia LLC · 4 yrs held
1440 Magnolia LLC
since 2021
Last sale
$3.9M
7 recorded transactions
Zoning & alternative use
2137 · Boulder, 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 Boulder submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Boulder 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
$4,155,000
ML approach
$4,210,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.03M
Range $3.63M – $4.43M · ±10% · vs last sale $3.88M (Aug 24 2021)
Last sale anchor
$3.88M
Aug 24 2021
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
$571 / 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
$78,333
Tax year 2023
Assessed value
$915,427
Assessed 2023
Previous assessed
$658,213
+39.1% YoY
Effective rate
8.56%
On assessed value
Assessed land
$755,114
Assessed improvement
$160,313
Land market value
$2,706,500
Improvement market value
$574,600
Total market value
$3,281,100
Applied tax rate
10.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1978
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Total area
7,058 SF
Lot
0.56 ac (24,481 SF)
Zoning code
2137
APN
1463-32-2-00-043
UPID
US13-0582658
Jurisdiction
BOULDER
Zoning & alternative use
2137 · Boulder, CO
Zoning 2137 · permitted uses
2137 · Boulder, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Boulder. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1978
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.56 ac
Current owner
From public records · entity-resolved
1440 Magnolia LLC
Entity
Mailing address
11960 LIONESS WAY STE #190, PARKER, CO 80134-5640
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 27, 2023
—
1440 Magnolia LLC
—
Deed
related
$898,091 · Jpmorgan Chase Bank NA
Feb 14, 2022
—
1440 Magnolia LLC
—
Deed
related
$1,937,500 · Jpmorgan Chase Bank NA
Aug 24, 2021
$3,875,000
1440 Magnolia LLC
1440 LLC
Special Warranty Deed
$3,293,750 · Jpmorgan Chase Bank NA
Jun 4, 2019
—
1440 LLC
—
Deed
related
$1,350,000 · Wells Fargo Bank NA
Oct 31, 2011
—
Cgc LLC
Walker,wendell T
Quit Claim Deed
related
—
Nov 29, 2007
$198,600
Cgc LLC
Three K W Investments
Warranty Deed
—
Nov 29, 2007
—
Cgc LLC
Walker,wendell T
Quit Claim Deed
related
—
Nov 16, 2007
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Oct 31, 2007
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
—
—
Cgc LLC
—
Deed Of Trust
related
$975,000 · Guaranty Bank
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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