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Property profile & analytics
OFF-MARKET
Turn key restaurants
2000 Arapahoe Ave Boulder, CO 80302-6513
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US13-0869998
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1940
Construction
WOOD
Total area
676 SF
Lot
0.07 ac (3,006 SF)
Zoning code
2134
APN
1463-31-1-00-066
UPID
US13-0869998
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
-
SNARFBURGER Restaurant
-
Daddy Bruce's Bar-B-Que & Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Greschler LLC · 8 yrs held
Greschler LLC
since 2017
4 recorded transactions
Zoning & alternative use
2134 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$14,153
Tax year 2023
Assessed value
$172,254
Assessed 2023
Previous assessed
$160,950
+7.0% YoY
Effective rate
8.22%
On assessed value
Assessed land
$155,029
Assessed improvement
$17,225
Land market value
$555,660
Improvement market value
$61,740
Total market value
$617,400
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1940
Construction
WOOD
Heating
FORCED AIR
Stories
1
Bathrooms
1
Total area
676 SF
Lot
0.07 ac (3,006 SF)
Zoning code
2134
APN
1463-31-1-00-066
UPID
US13-0869998
Jurisdiction
BOULDER
Zoning & alternative use
2134 · Boulder, CO
Zoning 2134 · permitted uses
2134 · 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
1940
Construction
WOOD
Heating
FORCED AIR
Stories
1
Bathrooms
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
Greschler LLC
Entity
Mailing address
2762 WALNUT ST, DENVER, CO 80205-2233
Ownership since
2017
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
Sep 13, 2017
$600,000
Greschler LLC
Blackmer,zane & Jean
Warranty Deed
—
Jun 17, 2013
$110,235
Gregory Schultz
Blackmer,zane & Jean
Grant Deed
—
Mar 20, 2012
$225,000
Zane Blackmer
Randolph,bruce JR
Warranty Deed
—
—
—
Schultz Gregory D Gretchen L|blackme Zane
—
Deed Of Trust
related
$357,500 · Michael & Michelle Elings
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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