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Property profile & analytics
OFF-MARKET
Estimated value
$1,175,000
Commercial real estate
1801 Hover St Longmont, CO 80501-7179
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US13-0897757
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1984
Construction
BRICK
Total area
5,500 SF
Lot
0.89 ac (38,725 SF)
Zoning code
2112
APN
1205-29-4-12-003
UPID
US13-0897757
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
-
Anita Warren, DVM Veterinary Clinic
-
CoinFlip Bitcoin ATM Business Banking Service Business To Business Service
-
Amazin Glaze Donuts Bakery Discount Store
-
Western Union Bank Credit Union
-
PureGlazed Donuts Bakery Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.14M
Comparable Approach
Comparable
$1.14M
Blend (final)
Blend
$1.18M
Owner & transaction history
Gty-pacific Leasing LLC · 11 yrs held
Gty-pacific Leasing LLC
since 2015
7 recorded transactions
Zoning & alternative use
2112 · Longmont, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Development Code
Top alternative use upside
Office building
$1.7M
+14.0%
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%
$1,240,000
6.5%
$1,140,000
7%
$1,060,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,515,000
Current use
OFFICE BUILDING
$1,730,000
Change: +14% · Conversion: Easy
INDUSTRIAL (GENERAL)
$1,350,000
Change: -11% · Conversion: Moderate
Blend value · Realmo final
$1.18M
Range $1.06M – $1.29M · ±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
$214 / 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
$42,346
Tax year 2023
Assessed value
$457,179
Assessed 2023
Previous assessed
$459,302
-0.5% YoY
Effective rate
9.26%
On assessed value
Assessed land
$137,408
Assessed improvement
$319,771
Land market value
$492,500
Improvement market value
$1,146,134
Total market value
$1,638,634
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1984
Construction
BRICK
Heating
YES
Cooling
YES
Stories
1
Total area
5,500 SF
Lot
0.89 ac (38,725 SF)
Zoning code
2112
APN
1205-29-4-12-003
UPID
US13-0897757
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
COMMERCIAL (GENERAL) Current
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.7M
INDUSTRIAL (GENERAL)
Est. value
$1.4M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
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
1984
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
1
Lot
0.89 ac
Current owner
From public records · entity-resolved
Gty-pacific Leasing LLC
Entity
Mailing address
292 MADISON AVE FL #9, NEW YORK, NY 10017-6376
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 2, 2015
$3,905,100
Gty-pacific Leasing LLC
Convenience Retailers LLC
Grant Deed
—
Dec 7, 2011
—
Convenience Retailers LLC
—
Deed Of Trust
related
$185,000,000 · Bank Of Nat'l Tr & Svgs
Mar 3, 2009
—
Convenience Retailers LLC
—
Deed Of Trust
related
$1,000,000 · Conocophillips Co
Feb 22, 2008
—
Convenience Retailers LLC
Kayo Oil
Grant Deed
related
—
—
—
Apro LLC
—
Deed Of Trust
related
$210,000,000 · Wells Fargo Bk
—
—
Apro LLC
—
Deed Of Trust
related
—
—
—
Convenience Retailers LLC
—
Deed Of Trust
related
—
—
—
Convenience Retailers LLC
—
Loan Modification
related
$330,000,000 · Bank Of America
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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