Entity Owned Property summary
AI-generated overview
This exceptional 3,072 square foot flex building in Lafayette, Colorado, presents a unique owner-user opportunity. Located at 207 N Carr Ave, 80026, this two-story structure offers a versatile blend of industrial and office space. The building boasts approximately 1,000 square feet of warehouse space, featuring an 18-foot clear height, a drive-in door, and a mezzanine for added storage or workspace. The approximately 2,000 square feet of office space is divided across two floors, each equipped with several private offices, a conference room, a kitchenette, and a bathroom. Recent upgrades include a new roof and new windows, enhancing both functionality and energy efficiency. The property also includes a private parking lot, providing ample space for employees and clients. The flexible layout offers the potential to divide the office floors, accommodating multiple tenants if desired. This central Lafayette location provides easy access to Highway 287 and is just minutes from Old Town Lafayette, offering convenient access to amenities and a vibrant community. The asking price for this exceptional property is $950,000.
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1999
Construction
CONCRETE BLOCKS
Total area
1,920 SF
Lot
0.17 ac (7,449 SF)
Zoning code
2120
APN
1575-03-1-06-002
UPID
US13-0075172
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Department Store
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$840k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$805k
Blend (final)
Blend
$815k
Owner & transaction history
since 2025
Last sale
$950,000
4 recorded transactions
Zoning & alternative use
2120 · Lafayette, CO
Top alternative use upside
Auto repair, garage
$895,000
+70.6%
Office building
$865,000
+65.1%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 8 comparables with addresses
3 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$815k
Value range
$734k – $897k
±10% around blend
Estimated value / SF
$424 / SF
Confidence
High
8 county-verified comps
Property data
100
Market benchmarks
33
Comparable evidence
80
$734k
blend $815k
$897k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
1,920 SF
Lot area
0.17 ac
Year built
1999
Stories
2
APN
1575-03-1-06-002
Zoning
2120
Assessed value
$341,274
Annual tax
$29,723
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$491k
Weighted, 8 comps · high confidence
Evidence
8 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
8.2 mi away · 1,440 SF
8.5 mi away · 1,960 SF
13.1 mi away · 2,029 SF
16.8 mi away · 1,800 SF
22.7 mi away · 2,426 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$815k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 138 sales
$273
+56%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $424/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Auto Repair, Garage
Gross theoretical uplift
+71%
vs current-use indication
Office Building
Industrial (general) · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 8 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
Implied cap rate
2.90%
Implied, in-place cap rate for this industrial properties
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
NOI (est.)
$67k *
Last sale · Dec 2024
$950k
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.29M
Move the market yield to see immediate price impact.
Value / SF
$1,194
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
2.40%2.90%3.40%
$60k
$2.49M
$2.06M
$1.76M
$67k
$2.77M
$2.29M
$1.96M
$73k
$3.05M
$2.52M
$2.15M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
8 found
High confidence · county-verified
Closest comparable
$625k
3.0 mi · Nov 2025 · $278/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$29,723
Tax year 2023
Assessed value
$341,274
Assessed 2023
Previous assessed
$152,539
+123.7% YoY
Effective rate
8.71%
On assessed value
Assessed land
$96,060
Assessed improvement
$245,214
Land market value
$344,300
Improvement market value
$878,901
Total market value
$1,223,201
Applied tax rate
120.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1999
Construction
CONCRETE BLOCKS
Heating
FLOOR/WALL FURNACE
Stories
2
Total area
1,920 SF
Lot
0.17 ac (7,449 SF)
Zoning code
2120
APN
1575-03-1-06-002
UPID
US13-0075172
Jurisdiction
BOULDER
Zoning & alternative use
2120 · Lafayette, COZoning 2120 · permitted uses
2120 · Lafayette, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1999
Construction
CONCRETE BLOCKS
Heating
FLOOR/WALL FURNACE
Stories
2
Lot
0.17 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
2120
Jurisdiction
Lafayette, CO
Recorded code
2120
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 2120 in Lafayette, CO.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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