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Property profile & analytics
OFF-MARKET
Estimated value
$5,095,000
Medical Office Space
1610 Dry Crk Dr Longmont, CO 80503-6405
Entity Owned
5-yr Hold
Free & Clear
Property ID
US13-2219747
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2016
Construction
CONCRETE
Total area
32,525 SF
Lot
3.24 ac (140,960 SF)
APN
1315-17-0-53-004
UPID
US13-2219747
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
-
Brett Jaeger Physician
-
Megan Mcgarvey Physician
-
Holly Tavera Physician
-
Kristin Terry Physician
-
Alanda Weber Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.76M
Comparable Approach
Comparable
$4.43M
Blend (final)
Blend
$5.10M
Owner & transaction history
Froc Partners LLC · 5 yrs held
Froc Partners LLC
since 2021
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$7.1M
+154.2%
Commercial (general)
$6.6M
+133.4%
Warehouse, storage
$4.8M
+69.3%
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 Longmont submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Longmont 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%
$6,235,000
6.5%
$5,755,000
7%
$5,345,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$7,140,000
Change: +154% · Conversion: Moderate
COMMERCIAL (GENERAL)
$6,560,000
Change: +133% · Conversion: Easy
WAREHOUSE, STORAGE
$4,755,000
Change: +69% · Conversion: Difficult
OFFICE BUILDING
$4,510,000
Change: +61% · Conversion: Easy
RESTAURANT
$4,310,000
Change: +53% · Conversion: Difficult
RETAIL STORES
$3,810,000
Change: +36% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,785,000
Change: +35% · Conversion: Difficult
Blend value · Realmo final
$5.10M
Range $4.59M – $5.60M · ±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
$157 / 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
$414,686
Tax year 2023
Assessed value
$4,403,513
Assessed 2023
Previous assessed
$2,897,970
+52.0% YoY
Effective rate
9.42%
On assessed value
Assessed land
$328,662
Assessed improvement
$4,074,851
Land market value
$1,178,000
Improvement market value
$14,605,200
Total market value
$15,783,200
Applied tax rate
680.0000
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
2016
Construction
CONCRETE
Heating
ZONE
Cooling
AC.PACKAGE
Stories
2
Total area
32,525 SF
Lot
3.24 ac (140,960 SF)
APN
1315-17-0-53-004
UPID
US13-2219747
Jurisdiction
BOULDER
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$7.1M
COMMERCIAL (GENERAL)
Est. value
$6.6M
WAREHOUSE, STORAGE
Est. value
$4.8M
OFFICE BUILDING
Est. value
$4.5M
RESTAURANT
Est. value
$4.3M
RETAIL STORES
Est. value
$3.8M
AUTO REPAIR, GARAGE
Est. value
$3.8M
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
OFFICE BUILDING
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
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
2016
Construction
CONCRETE
Heating
ZONE
Cooling
Yes
Stories
2
Lot
3.24 ac
Current owner
From public records · entity-resolved
Froc Partners LLC
Entity
Free & Clear · 5 yrs held
Mailing address
1610 DRY CRK DR, LONGMONT, CO 80503-6405
Mailing matches property
Yes
Owner-occupied
Yes
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 27, 2021
—
Froc Partners LLC
Triumph Invs LLC
Correction Deed
related
—
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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