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Property profile & analytics
OFF-MARKET
Estimated value
$49,585,000
Apartment buildings
16871 Huron St Broomfield, CO 80023
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US13-1831533
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2017
Construction
WOOD
Total area
196,236 SF
Lot
8.29 ac (361,069 SF)
Zoning code
PUD
APN
146734304001
UPID
US13-1831533
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$38.81M
Comparable Approach
Comparable
$60.18M
Blend (final)
Blend
$49.59M
Owner & transaction history
Mountain View Wadsworth Phase · 5 yrs held
Mountain View Wadsworth Phase
since 2020
3 recorded transactions
Zoning & alternative use
PUD · Broomfield, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Chapter 17-28 - PUD Planned Unit Development District 17-28-010 - Intent. It is intended that the PUD district be applied primarily on undeveloped land and that it be utilized to permit various land uses to develop in a compatible manner, to encourage innovations in design, and to meet the intent of the PUD as set forth in section 17-38-010 . It is further i…
Zone name
Planned Unit Development
General category
PLANNED_DEVELOPMENT
Zone area
12,044.63 ac
Source
municipal code
Top alternative use upside
Restaurant
$73.5M
+50.3%
Retail stores
$71.2M
+45.6%
Office building
$54.5M
+11.6%
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 Broomfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Broomfield 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%
$42,045,000
6.5%
$38,810,000
7%
$36,040,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$48,885,000
Current use
RESTAURANT
$73,495,000
Change: +50% · Conversion: Difficult
RETAIL STORES
$71,190,000
Change: +46% · Conversion: Difficult
OFFICE BUILDING
$54,545,000
Change: +12% · Conversion: Moderate
COMMERCIAL (GENERAL)
$54,200,000
Change: +11% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$44,440,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$49.59M
Range $44.63M – $54.54M · ±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
$253 / 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
$700,729
Tax year 2023
Assessed value
$4,645,730
Assessed 2024
Previous assessed
$3,818,880
+21.7% YoY
Effective rate
15.08%
On assessed value
Assessed land
$438,280
Assessed improvement
$4,207,450
Land market value
$6,478,580
Improvement market value
$62,194,420
Total market value
$68,673,000
Applied tax rate
3,035.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
2017
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Stories
3
Bathrooms
324
Total area
196,236 SF
Lot
8.29 ac (361,069 SF)
Zoning code
PUD
APN
146734304001
UPID
US13-1831533
Jurisdiction
BROOMFIELD
Zoning & alternative use
PUD · Broomfield, COZoning PUD · permitted uses
PUD · Broomfield, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Chapter 17-28 - PUD Planned Unit Development District 17-28-010 - Intent. It is intended that the PUD district be applied primarily on undeveloped land and that it be utilized to permit various land uses to develop in a compatible manner, to encourage innovations in design, and to meet the intent of the PUD as set forth in section 17-38-010 . It is further intended that detail plans will be developed in conformance with
Zone name
Planned Unit Development
General category
PLANNED_DEVELOPMENT
Zone area
12,044.63 ac
Source
municipal code
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$48.9M
RESTAURANT
Est. value
$73.5M
RETAIL STORES
Est. value
$71.2M
OFFICE BUILDING
Est. value
$54.5M
COMMERCIAL (GENERAL)
Est. value
$54.2M
INDUSTRIAL (GENERAL)
Est. value
$44.4M
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
RETAIL STORES
OFFICE BUILDING
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
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
2017
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
3
Bathrooms
324
Lot
8.29 ac
Current owner
From public records · entity-resolved
Mountain View Wadsworth Phase
Individual
Mailing address
8900 MTN VW LN, BOULDER, CO 80303-1569
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 17, 2020
—
Mountain View Wadsworth Phase
Mountain View LLC
Quit Claim Deed
related
—
Nov 1, 2019
—
Mountain View Pp LLC
—
Grant Deed
related
$40,272,000 · Holliday Fenoglio Fowler
Apr 12, 2018
—
Mountain View Pp LLC
Mountain Viewpalisade Parkll
Quit Claim Deed
related
$33,847,000 · Holliday Fenoglio Fowler
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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