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Property profile & analytics
FOR LEASE
Manufacturing properties
1900 55Th St Boulder, CO 80303
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US13-2776856
For Lease
1 / 3
Contact for pricing
1900 55Th St, Boulder, CO 80303
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1976
Construction
TILT-UP CONCRETE
Total area
32,806 SF
Lot
1.64 ac (71,351 SF)
Zoning code
2135
APN
1463-27-0-00-070
UPID
US13-2776856
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
-
Howard Team & Associates Employment Agency
-
John's Auto Care Auto Repair Shop
-
Boulder Diesel by Legacy Automotive Auto Repair Shop
-
Legacy Automotive Auto Repair Shop
-
Travertine Chemical Plant Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.63M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.19M
Blend (final)
Blend
$2.53M
Owner & transaction history
Ilit Properties LLC · 5 yrs held
Ilit Properties LLC
since 2020
Last sale
$2.5M
5 recorded transactions
Zoning & alternative use
2135 · Boulder, 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 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
$2,590,000
ML approach
$2,630,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.53M
Range $2.28M – $2.78M · ±10% · vs last sale $2.45M (Aug 11 2020)
Last sale anchor
$2.45M
Aug 11 2020
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
$77 / 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
$144,565
Tax year 2023
Assessed value
$1,674,000
Assessed 2023
Previous assessed
$1,461,600
+14.5% YoY
Effective rate
8.64%
On assessed value
Assessed land
$418,500
Assessed improvement
$1,255,500
Land market value
$1,500,000
Improvement market value
$4,500,000
Total market value
$6,000,000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Lease
Year built
1976
Construction
TILT-UP CONCRETE
Heating
FORCED AIR
Stories
2
Total area
32,806 SF
Lot
1.64 ac (71,351 SF)
Zoning code
2135
APN
1463-27-0-00-070
UPID
US13-2776856
Jurisdiction
BOULDER
Zoning & alternative use
2135 · Boulder, COZoning 2135 · permitted uses
2135 · Boulder, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
municipal code
Building & site characteristics
From public records
Year built
1976
Construction
TILT-UP CONCRETE
Heating
FORCED AIR
Stories
2
Lot
1.64 ac
Current owner
From public records · entity-resolved
Ilit Properties LLC
Entity
Mailing address
3111 28TH ST, BOULDER, CO 80301-1315
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 11, 2020
—
Ilit Properties LLC
Stephen D Tebo
Quit Claim Deed
related
—
Apr 30, 2007
$2,450,000
Stephen Tebo
Perry Mark & R Ann Trust
Grant Deed
—
—
—
Stephen D Tebo
—
Loan Modification
related
—
—
—
Stephen D Tebo
—
Loan Modification
related
$2,268,000 · Key Bank & Trust
—
—
Stephen D Tebo
—
Deed Of Trust
related
$2,368,000 · Key Bank & Trust
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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