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Property profile & analytics
OFF-MARKET
Estimated value
$1,285,000
Office buildings
1844 Folsom St Boulder, CO 80302-5703
Entity Owned
2-yr Hold
Free & Clear
Property ID
US13-1288655
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1976
Construction
BRICK
Total area
5,936 SF
Lot
0.64 ac (28,053 SF)
Zoning code
2120
APN
1463-29-3-00-054
UPID
US13-1288655
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
-
Patrick Haddon, NMLS #1127336 Loan Service Bank
-
Cherry Creek Mortgage, LLC, Arron Alexis, NMLS# 2079621 Loan Service Bank
-
Cherry Creek Mortgage, LLC, Dominic Schwartz, NMLS# 1042916 Loan Service Bank
-
Cherry Creek Mortgage, LLC, Zachary Byington, NMLS# 2186218 Loan Service Bank
-
You got cards (Bike/Boat/Book/etc) Store Arcade & Gaming Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.37M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.29M
Owner & transaction history
1844 Folsom Property LLC · 2 yrs held
1844 Folsom Property LLC
since 2024
4 recorded transactions
Zoning & alternative use
2120 · Boulder, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Boulder submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Boulder 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%
$1,485,000
6.5%
$1,370,000
7%
$1,270,000
Blend value · Realmo final
$1.29M
Range $1.16M – $1.41M · ±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
$216 / 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
$72,938
Tax year 2023
Assessed value
$852,959
Assessed 2023
Previous assessed
$852,959
+0.0% YoY
Effective rate
8.55%
On assessed value
Assessed land
$767,663
Assessed improvement
$85,296
Land market value
$2,751,480
Improvement market value
$305,720
Total market value
$3,057,200
Applied tax rate
10.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1976
Construction
BRICK
Heating
YES
Cooling
YES
Stories
1
Total area
5,936 SF
Lot
0.64 ac (28,053 SF)
Zoning code
2120
APN
1463-29-3-00-054
UPID
US13-1288655
Jurisdiction
BOULDER
Zoning & alternative use
2120 · Boulder, CO
Zoning 2120 · permitted uses
2120 · Boulder, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Boulder. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1976
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
1
Lot
0.64 ac
Current owner
From public records · entity-resolved
1844 Folsom Property LLC
Entity
Free & Clear · 2 yrs held
Mailing address
PO BOX 17367, BOULDER, CO 80308-0367
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 26, 2026
—
1844 Folsom Property LLC
—
Deed
related
$3,000,000 · Collegiate Peaks Bank
Feb 21, 2024
—
1844 Folsom Property LLC
1844 Folsom Street LLC
Special Warranty Deed
—
Dec 20, 2021
$5,300,000
1844 Folsom Street LLC
Nygren Family Partnership LLP
Special Warranty Deed
—
Dec 1, 2021
—
Nygren Family Partnerwship Lllp
Jmc Investments LLC
Bargain And Sale Deed
—
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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