Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,725,000
Manufacturing properties
2175 Citrine Ct Loveland, CO 80537-5132
Entity Owned
20-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US13-0579393
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2009
Construction
STEEL FRAME
Total area
27,937 SF
Lot
2.53 ac (110,207 SF)
APN
85184-23-001
UPID
US13-0579393
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
-
Ensign Power Systems Inc Building Supply Electrical Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.81M
Comparable Approach
Comparable
$3.93M
Blend (final)
Blend
$3.73M
Owner & transaction history
Ensign Properties LLC · 20 yrs held
Ensign Properties LLC
since 2005
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$4.6M
+24.7%
Warehouse, storage
$3.7M
+0.7%
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 Loveland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Loveland 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
by Request
CAP Approach
CAP Return
Estimation
6%
$4,130,000
6.5%
$3,810,000
7%
$3,540,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,710,000
Current use
OFFICE BUILDING
$4,625,000
Change: +25% · Conversion: Difficult
WAREHOUSE, STORAGE
$3,730,000
Change: +1% · Conversion: Easy
Blend value · Realmo final
$3.73M
Range $3.35M – $4.10M · ±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
$133 / 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
$95,562
Tax year 2023
Assessed value
$1,241,550
Assessed 2023
Previous assessed
$928,000
+33.8% YoY
Effective rate
7.70%
On assessed value
Assessed land
$153,729
Assessed improvement
$1,087,821
Land market value
$551,000
Improvement market value
$3,899,000
Total market value
$4,450,000
Applied tax rate
2,200.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2009
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Total area
27,937 SF
Lot
2.53 ac (110,207 SF)
APN
85184-23-001
UPID
US13-0579393
Jurisdiction
LARIMER
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$3.7M
OFFICE BUILDING
Est. value
$4.6M
WAREHOUSE, STORAGE
Est. value
$3.7M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
WAREHOUSE, STORAGE
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
2009
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
2.53 ac
Current owner
From public records · entity-resolved
Ensign Properties LLC
Entity
Mailing address
939 S DEL NORTE AVE, LOVELAND, CO 80537-6719
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 18, 2021
—
Ensign Properties LLC
—
Deed
related
$2,375,699 · Western State Bank
Aug 31, 2016
—
Ensign Properties LLC
—
Deed
related
$2,399,394 · Western St Bk
Aug 4, 2015
—
Ensign Properties LLC
—
Deed Of Trust
related
$1,686,700 · Western St Bk
Nov 4, 2005
$495,000
Ensign Properties LLC
Tisdall,donald H
Warranty Deed
$396,000 · Donald H Tisdall
—
—
Ensign Properties LLC
—
Deed Of Trust
related
$823,000 · Denver Urban Economic Dev Corp
—
—
Ensign Properties LLC
—
Deed Of Trust
related
$58,524 · Western State Bank
—
—
Ensign Properties LLC
—
Deed Of Trust
related
$802,000 · Western State Bank
—
—
Ensign Properties LLC
—
Deed Of Trust
related
$976,250 · Western State Bank
—
—
Ensign Properties LLC
—
Deed Of Trust
related
$781,000 · Western State Bank
—
—
Ensign Properties LLC
—
Deed Of Trust
related
$2,399,394 · Western St Bk
—
—
Ensign Properties LLC
—
Deed Of Trust
related
$1,002,500 · Western State Bank
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 2175 Citrine Ct?
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.
