Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1756 Hwy 287 Louisville, CO 80027
    Property profile & analytics

    1756 Hwy 287, Louisville, CO 80027

    View on Map
    • Auto shops
    • 2,400 SF
    • 3.41 lot acres
    Off-Market
    Property ID
    US13-0857546
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Auto shops

    Property Details for 1756 Hwy 287

    Year built
    1965
    Construction
    BRICK
    Lot size
    3.41 lot acres
    Zone code
    3115
    Property type
    Auto shops
    APN
    1575-23-0-00-008
    APU
    157523000008

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 27, 2019 — North Cherokee Partners LLC — Deed · related $950k · Whitesman L A 2015 L/tr (lt)
    Apr 4, 2013 — North Cherokee Partners LLP Bombel,stuart Grant Deed $750k · First State Bank
    Apr 5, 2010 — Owner Name Unavailable Owner Name Unavailable Quit Claim Deed · related —
    Mar 29, 2010 — Owner Name Unavailable Owner Name Unavailable Quit Claim Deed · related —
    Jul 2, 2008 — North Cherokee Partners LLP Bombel,stuart Grant Deed · related —
    Dec 15, 2004 $562,500 Bret A Dornon Bombel,stuart B Warranty Deed $230k · Stuart B Bombel
    Dec 15, 2004 $9,700 Dolores J Dornon Press,ronald C Quit Claim Deed · related —
    — — North Cherokee Partners LLC — Deed Of Trust · related $950k · Whitesman L A 2015 L/tr (lt)

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Boulder
    State
    Colorado
    Longitude
    -105.089
    Latitude
    39.955
    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
    $22,519
    $200,880
    $72,540
    $273,420
    -
    $720,000
    $260,000
    $980,000

    Comparable in this City

    • Value Estimation
      $1,350,000
      4,752 SF

      300 Mccaslin Blvd

      AUTO REPAIR, GARAGE
      300 Mccaslin Blvd, Superior, CO 80027-9432
      View Details
    • Value Estimation
      $545,000
      5,943 SF

      1301 Es Boulder Rda

      AUTO REPAIR, GARAGE
      1301 Es Boulder Rda, Louisville, CO 80027-2301
      View Details
    • Value Estimation by Request
      5,382 SF

      165 Mccaslin Blvda

      AUTO REPAIR, GARAGE
      165 Mccaslin Blvda, Superior, CO 80027-9690
      View Details
    • Value Estimation
      $900,000
      8,406 SF

      90 Mccaslin Blvd

      AUTO REPAIR, GARAGE
      90 Mccaslin Blvd, Superior, CO 80027-9699
      View Details
    • Value Estimation
      $2,130,000
      8,000 SF

      1190 Griffith St

      AUTO REPAIR, GARAGE
      1190 Griffith St, Louisville, CO 80027-1465
      View Details
    • Value Estimation
      $1,580,000
      4,320 SF

      1408 Hecla Way

      AUTO REPAIR, GARAGE
      1408 Hecla Way, Louisville, CO 80027-2300
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Established Liquor Store Business

      Liquor store business for sale in Village Square.
      645 South Boulder Rd, Louisville, CO 80027
      View Details
    • $995,000

      Prime Land in Louisville Retail

      0.77 acre site ideal for retail or restaurant.
      511 South Boulder Rd E, Louisville, CO 80027
      View Details
    • $1,300,000

      Main Street Development Opportunity

      Prime mixed-use development potential in Historic Downtown Louisville.
      608 Main St, Louisville, CO 80027
      View Details
    • Contact for pricing

      High Traffic Retail Center Opportunity

      Ground sale/lease opportunity in high-traffic retail center.
      511 South Boulder Rd, Louisville, CO 80027
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      High Visibility Retail Space Available

      Retail space for lease with high visibility and tenant improvements.
      1116 W Dillon Rd, Louisville, CO 80027
      View Details
    • Contact for pricing
      6,163 SF

      Restaurant Sublease Available

      Freestanding restaurant for sublease through March 31, 2036.
      988 W Dillon Rd, Louisville, CO 80027
      View Details
    • Contact for pricing
      1,313 SF

      Retail Space on McCaslin Boulevard

      Retail space with high visibility and frontage on McCaslin.
      375 Mccaslin Blvd, Louisville, CO 80027
      View Details
    • Contact for pricing

      High Visibility Retail Space Available

      Retail space for lease with introductory rate. High visibility.
      1116 W Dillon Rd, Louisville, CO 80027
      View Details
    • Contact for pricing
      1,334 SF

      Louisville Retail/Office Space Available

      Class A retail/office space in a desirable Louisville location.
      765 South Boulder Rd, Louisville, CO 80027
      View Details
    • Contact for pricing
      4,000 SF

      Retail Pad Sites with Drive-Thru

      Two retail pad sites with drive-thru on busy Hwy 42.
      1055-1071 Courtesy Rd, Louisville, CO 80027
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1756 Hwy 287
    Louisville, CO 80027
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1756 Hwy 287, Louisville, CO, 80027
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!