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    Property profile & analytics

    1500 Cherry St Louisville, CO 80027-3072

    • Manufacturing properties
    • 45,484 SF
    • 3.88 lot acres
    OFF-MARKET
    Value Estimation
    $6,515,000
    Last Sale
    Feb 18, 2021
    $6,745,000
    Location Intelligence
    Property ID
    US13-0913887
    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

    • Manufacturing properties

    Property Details for 1500 Cherry St

    Year built
    1988
    Construction
    TILT-UP CONCRETE
    Lot size
    3.88 lot acres
    Property size
    45,484 SF
    Zone code
    3115
    Property type
    Manufacturing properties
    APN
    1575-16-0-05-015
    APU
    157516005015

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $6,505,000

    • CAP approach

      CAP return
      Estimation
      6%
      $6,850,000
      6.5%
      $6,800,000
      7%
      $7,055,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $5,985,000
      Geo Method
      $5,965,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $7,250,000
      Retail
      $7,420,000
      Mixed-Use
      $7,345,000
      Hospitality
      $7,780,000
      Educational
      $6,140,000
      Residential Income
      $6,420,000
      Energy
      $6,430,000
      Income-Based Land
      $7,900,000
      Food Service
      $7,385,000

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Boulder
    State
    Colorado
    Longitude
    -105.122
    Latitude
    39.9658
    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
    $168,831
    $225,990
    $1,672,605
    $1,898,595
    -
    $810,000
    $5,995,000
    $6,805,000

    Comparable in this City

    • Value Estimation by Request
      31,448 SF

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      MANUFACTURING (LIGHT) • 31,448 SF
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    • Value Estimation by Request
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      697 Pierce Ave

      MANUFACTURING (LIGHT) • 30,430 SF
      697 Pierce Ave, Louisville, CO 80027-3021
      View Details
    • Value Estimation
      $1,515,000
      7,744 SF

      573 Arthur Ave

      MANUFACTURING (LIGHT) • 7,744 SF
      573 Arthur Ave, Louisville, CO 80027-3013
      View Details
    • Value Estimation
      $13,575,000
      64,396 SF

      195 Ctc Blvd

      MANUFACTURING (LIGHT) • 64,396 SF
      195 Ctc Blvd, Louisville, CO 80027-3144
      View Details
    • Value Estimation by Request
      12,635 SF

      594 Arthur Ave

      MANUFACTURING (LIGHT) • 12,635 SF
      594 Arthur Ave, Louisville, CO 80027-3012
      View Details
    • Value Estimation by Request
      16,392 SF

      258 Taylor Ave

      MANUFACTURING (LIGHT) • 16,392 SF
      258 Taylor Ave, Louisville, CO 80027-3024
      View Details

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    1500 Cherry St
    Louisville, CO 80027-3072
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    Realmo Value Estimation

    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.

    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.

    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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