Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Turn key restaurants
2030 Ken Pratt Blvd Longmont, CO 80501-6587
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US13-1148132
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1994
Construction
BRICK
Total area
4,947 SF
Lot
0.96 ac (41,861 SF)
Zoning code
2134
APN
1315-16-2-16-001
UPID
US13-1148132
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
-
Blue Agave Restaurant
-
Blue Agave Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$525k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$773k
Blend (final)
Blend
$650k
Owner & transaction history
Lincoln-broadway Props LLC · 11 yrs held
Lincoln-broadway Props LLC
since 2014
7 recorded transactions
Zoning & alternative use
2134 · Longmont, 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 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
$525,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$650k
Range $585k – $715k · ±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
$131 / 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
$57,318
Tax year 2023
Assessed value
$615,865
Assessed 2023
Previous assessed
$462,985
+33.0% YoY
Effective rate
9.31%
On assessed value
Assessed land
$371,433
Assessed improvement
$244,432
Land market value
$1,331,300
Improvement market value
$876,100
Total market value
$2,207,400
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1994
Construction
BRICK
Heating
NONE
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Total area
4,947 SF
Lot
0.96 ac (41,861 SF)
Zoning code
2134
APN
1315-16-2-16-001
UPID
US13-1148132
Jurisdiction
BOULDER
Zoning & alternative use
2134 · Longmont, COZoning 2134 · permitted uses
2134 · Longmont, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Development Code
Building & site characteristics
From public records
Year built
1994
Construction
BRICK
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
0.96 ac
Current owner
From public records · entity-resolved
Lincoln-broadway Props LLC
Entity
Mailing address
PO BOX 590, BASALT, CO 81621-0590
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 6, 2014
$2,403,500
Lincoln-broadway Props LLC
Longmont Tvc-arc LP
Grant Deed
—
Apr 2, 2014
$1,200,000
Longmont Tvc-arc LP
Rci Realty LLC
Grant Deed
—
Apr 17, 2008
—
Rci Realty LLC
—
Deed Of Trust
related
$16,000,000 · Citicorp Leasing INC
Jun 30, 2005
—
Rci Realty LLC
—
Deed Of Trust
related
$28,320,600 · Citicorp Leasing INC
—
—
Apple Colorado LLC
—
Deed Of Trust
related
$622,000,000 · Bank Of America
—
—
Rci Realty LLC
—
Deed Of Trust
related
$6,838,493 · Grove Stephen A Trust (pt)
—
—
Rci Realty LLC
—
Deed Of Trust
related
$6,220,600 · Citicorp Leasing INC
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2030 Ken Pratt Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
