New search
Property profile & analytics
OFF-MARKET
Estimated value
$960,000
Turn key restaurants
210 Franklin St Niwot, CO 80544-5013
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US13-2745016
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1975
Construction
WOOD
Total area
1,379 SF
Lot
0.23 ac (10,106 SF)
Zoning code
2112
APN
1317-25-4-07-010
UPID
US13-2745016
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
$890k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.00M
Blend (final)
Blend
$960k
Owner & transaction history
Real Investments LLC · 2 yrs held
Real Investments LLC
since 2023
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
2112 · Niwot, 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 Niwot submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Niwot 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
$905,000
ML approach
$890,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$670,000
Current use
Blend value · Realmo final
$960k
Range $864k – $1.06M · ±10% · vs last sale $1.00M (Sep 25 2023)
Last sale anchor
$1.00M
Sep 25 2023
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
$696 / 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
$16,843
Tax year 2023
Assessed value
$181,350
Assessed 2023
Previous assessed
$179,800
+0.9% YoY
Effective rate
9.29%
On assessed value
Assessed land
$125,550
Assessed improvement
$55,800
Land market value
$450,000
Improvement market value
$200,000
Total market value
$650,000
Applied tax rate
3,273.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1975
Construction
WOOD
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
2
Stories
2
Total area
1,379 SF
Lot
0.23 ac (10,106 SF)
Zoning code
2112
APN
1317-25-4-07-010
UPID
US13-2745016
Jurisdiction
BOULDER
Zoning & alternative use
2112 · Niwot, CO
Zoning 2112 · permitted uses
2112 · Niwot, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Niwot. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$670,000
RESTAURANT Current
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
1975
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
2
Lot
0.23 ac
Current owner
From public records · entity-resolved
Real Investments LLC
Entity
Mailing address
3000 AIRPORT DR, ERIE, CO 80516-8122
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 25, 2023
$1,000,000
Real Investments LLC
210 Franklin LLC
Special Warranty Deed
—
Jan 11, 2021
—
210 Franklin LLC
—
Deed
related
—
Sep 29, 2020
—
210 Franklin LLC
—
Deed
related
—
Sep 9, 2019
$625,000
210 Franklin LLC
Table 210 LLC
Special Warranty Deed
$472,500 · Independent Bank
May 18, 2017
—
Table 210 LLC
—
Deed
related
$793,000 · Guaranty Bank & Trust Co
Oct 11, 2006
$1,150,000
Table 210 LLC
Barn LLC
Warranty Deed
$585,023 · California Bank & Trust
Apr 14, 2003
—
Barn LLC
Darling,m E
Quit Claim Deed
related
—
Mar 13, 2003
—
M E Darling
Cerny,radomil R
Grant Deed
related
—
—
—
Table 210 LLC
—
Deed Of Trust
related
$515,000 · First Community Bank
—
—
Table 210 LLC
—
Deed Of Trust
related
$419,000 · Denver Urban Economic Dev Corp
—
—
Table 210 LLC
—
Deed Of Trust
related
$98,000 · Great Western Bank
—
—
Radomil Cerny
—
Deed Of Trust
related
$100,000 · Andrew Rosen
—
—
M E Darling
—
Deed Of Trust
related
$120,000 · Radomil Cerny
—
—
210 Franklin LLC
—
Loan Modification
related
—
—
—
210 Franklin LLC
—
Loan Modification
related
—
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 210 Franklin St?
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.
