Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,140,000
Office buildings
2350 17th Ave Longmont, CO 80503-1737
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US13-2556456
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1986
Construction
WOOD
Total area
12,736 SF
Lot
0.83 ac (36,242 SF)
Zoning code
2120
APN
1205-29-4-15-001
UPID
US13-2556456
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
-
Colibri Therapy & Coaching Crisis Center Medical Clinic
-
Flossophy Dental Hygiene Dental Office
-
Schuler Family Therapy Psychotherapist
-
Jonathan Illman Alternative Medicine Practice
-
Dr. James Maurer Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.36M
CAP Approach
CAP
$2.78M
Comparable Approach
Comparable
$1.48M
Blend (final)
Blend
$2.14M
Owner & transaction history
2350 17th LLC · 3 yrs held
2350 17th LLC
since 2022
Last sale
$2.1M
7 recorded transactions
Zoning & alternative use
2120 · Longmont, 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 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
$2,105,000
ML approach
$2,355,000
CAP Approach
CAP Return
Estimation
6%
$3,010,000
6.5%
$2,780,000
7%
$2,580,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,560,000
Change: -4% · Conversion: Easy
Blend value · Realmo final
$2.14M
Range $1.93M – $2.35M · ±10% · vs last sale $2.05M (Jul 27 2022)
Last sale anchor
$2.05M
Jul 27 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
$168 / 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
$57,881
Tax year 2023
Assessed value
$621,835
Assessed 2023
Previous assessed
$392,950
+58.2% YoY
Effective rate
9.31%
On assessed value
Assessed land
$122,788
Assessed improvement
$499,047
Land market value
$440,100
Improvement market value
$1,788,700
Total market value
$2,228,800
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1986
Construction
WOOD
Heating
YES
Cooling
YES
Stories
2
Total area
12,736 SF
Lot
0.83 ac (36,242 SF)
Zoning code
2120
APN
1205-29-4-15-001
UPID
US13-2556456
Jurisdiction
BOULDER
Zoning & alternative use
2120 · Longmont, CO
Zoning 2120 · permitted uses
2120 · Longmont, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Longmont. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$3.6M
COMMERCIAL (GENERAL)
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
1986
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Lot
0.83 ac
Current owner
From public records · entity-resolved
2350 17th LLC
Entity
Mailing address
975 WESTVIEW DR, BOULDER, CO 80303-3045
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 27, 2022
—
2350 17th LLC
Herbert W Kroehl
Quit Claim Deed
related
$1,912,500 · Independent Bank
Jan 24, 2019
$2,050,000
Herbert W Kroehl
Hover 17 LLC
Special Warranty Deed
$1,529,500 · Us Bank NA
Jan 30, 2014
$800,000
Hover 17 LLC
Jp Morgan Chase Bk NA
Quit Claim Deed
related
$825,000 · Firstbank
Oct 4, 2011
—
Jp Morgan Chase Bk
Rlet Properties LLC
Quit Claim Deed
related
—
Oct 4, 2011
$1,550,000
Jp Morgan Chase Bk
Rlet Properties LLC
Grant Deed
—
Sep 8, 2003
$725,000
Edward E Shaffer
Conder,steve
Grant Deed
$580,000 · Washington Mutual Fsb
Mar 6, 2003
$190,000
Steve Conder
Gentry,michael M
Grant Deed
—
Sep 23, 2002
$178,500
Steve Conder
Gentry,colleen J
Grant Deed
$306,500 · Your Best Rate Financial LLC
—
—
Hover 17 LLC
—
Deed Of Trust
related
$250,000 · Wood Muriel M Living Tr (pt)
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 2350 17th Ave?
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.
