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Property profile & analytics
OFF-MARKET
Estimated value
$1,750,000
Turn key restaurants
1743 Main St Longmont, CO 80501-2035
Entity Owned
Free & Clear
Property ID
US13-0743765
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2009
Construction
FRAME
Total area
2,365 SF
Lot
0.42 ac (18,165 SF)
Zoning code
2112
APN
1205-27-3-24-008
UPID
US13-0743765
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
-
Runza Restaurant Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.75M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.61M
Blend (final)
Blend
$1.75M
Owner & transaction history
1743 Main St LLC
1743 Main St LLC
since 2026
Last sale
$1.8M
6 recorded transactions
Zoning & alternative use
2112 · Longmont, CO
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
$1,750,000
ML approach
$1,750,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,150,000
Current use
Blend value · Realmo final
$1.75M
Range $1.58M – $1.93M · ±10% · vs last sale $1.75M (Dec 30 2024)
Last sale anchor
$1.75M
Dec 30 2024
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
$740 / 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
$30,931
Tax year 2023
Assessed value
$336,195
Assessed 2023
Previous assessed
$291,450
+15.4% YoY
Effective rate
9.20%
On assessed value
Assessed land
$52,731
Assessed improvement
$283,464
Land market value
$189,000
Improvement market value
$1,016,000
Total market value
$1,205,000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2009
Construction
FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
2,365 SF
Lot
0.42 ac (18,165 SF)
Zoning code
2112
APN
1205-27-3-24-008
UPID
US13-0743765
Jurisdiction
BOULDER
Zoning & alternative use
2112 · Longmont, COZoning 2112 · permitted uses
2112 · Longmont, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Development Code
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$1.2M
RESTAURANT Current
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
2009
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
0.42 ac
Current owner
From public records · entity-resolved
1743 Main St LLC
Entity
Free & Clear · 0 yrs held
Mailing address
515 GLENCOE ST, DENVER, CO 80220-5205
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 7, 2026
—
1743 Main St LLC
Harris James
Warranty Deed
—
Dec 30, 2024
$1,750,000
James P Harris
S And R Development LLC
Special Warranty Deed
—
Feb 4, 2020
$1,100,000
S & R Dev LLC
Jack In The Box INC
Grant Deed
$550,000 · Stephen David
Oct 9, 2009
$925,000
Jack In The Box INC
Actis LLC
Grant Deed
—
—
—
Actis LLC
—
Deed Of Trust
related
$4,000,000 · Mission Bank
—
—
John M Hepp
—
Deed Of Trust
related
$900,000 · Firstbank Of Longmont
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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