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Property profile & analytics
FOR SALE
Industrial properties
2051 Dogwood St Louisville, CO 80027
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US13-0841438
For Sale
1 / 11
$9,585,000
2051 Dogwood St, Louisville, CO 80027
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2001
Construction
TILT-UP CONCRETE
Total area
41,501 SF
Lot
2.74 ac (119,137 SF)
Zoning code
3110
APN
1575-16-0-26-003
UPID
US13-0841438
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.63M
CAP Approach
CAP
$4.25M
Comparable Approach
Comparable
$9.10M
Blend (final)
Blend
$6.86M
Owner & transaction history
2051 Dogwood LLC · 3 yrs held
2051 Dogwood LLC
since 2022
Last sale
$7.2M
3 recorded transactions
Zoning & alternative use
3110 · Louisville, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$10.3M
+19.8%
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 Louisville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Louisville 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
$6,490,000
ML approach
$6,630,000
CAP Approach
CAP Return
Estimation
6%
$4,605,000
6.5%
$4,250,000
7%
$3,945,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$8,625,000
Current use
APARTMENT HOUSE (5+ UNITS)
$10,340,000
Change: +20% · Conversion: Difficult
Blend value · Realmo final
$6.86M
Range $6.17M – $7.54M · ±10% · vs last sale $7.15M (Sep 13 2022)
Last sale anchor
$7.15M
Sep 13 2022
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
$165 / 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
$227,826
Tax year 2023
Assessed value
$2,562,029
Assessed 2023
Previous assessed
$1,924,440
+33.1% YoY
Effective rate
8.89%
On assessed value
Assessed land
$470,394
Assessed improvement
$2,091,635
Land market value
$1,686,000
Improvement market value
$7,496,900
Total market value
$9,182,900
Applied tax rate
96.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Sale
Year built
2001
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
AC.PACKAGE
Stories
2
Total area
41,501 SF
Lot
2.74 ac (119,137 SF)
Zoning code
3110
APN
1575-16-0-26-003
UPID
US13-0841438
Jurisdiction
BOULDER
Zoning & alternative use
3110 · Louisville, CO
Zoning 3110 · permitted uses
3110 · Louisville, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Louisville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$8.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$10.3M
INDUSTRIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
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
2001
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Lot
2.74 ac
Current owner
From public records · entity-resolved
2051 Dogwood LLC
Entity
Mailing address
5277 MANHATTAN CIR STE #200, BOULDER, CO 80303-8230
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 13, 2022
—
2051 Dogwood LLC
R1llc LLC
Quit Claim Deed
related
$5,000,000 · Firstbank
Aug 30, 2018
$7,150,000
R1llc
Ctc Office LLC
Grant Deed
—
—
—
Ctc Office LLC
—
Deed Of Trust
related
$3,715,000 · Guaranty Bk
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?”
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