Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2360 Arapahoe Ave Boulder, CO 80302-6606

    • Commercial real estate
    • 1,344 SF
    • 0.27 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-0843481
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Smart Start Ignition Interlock / Safety Equipment Supplier / Car Inspection Station
    • Rob's Auto Repair / Oil Change Service / Repair Service

    Property Details for 2360 Arapahoe Ave

    Year built
    2019
    Construction
    CONCRETE
    Lot size
    0.27 lot acres
    Property size
    1,344 SF
    Zone code
    2131
    Property type
    Commercial real estate
    APN
    1463-31-1-00-001
    APU
    146331100001

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Boulder
    County
    Boulder
    State
    Colorado
    Longitude
    -105.263
    Latitude
    40.0143
    CBSA code
    14500
    CBSA name
    BOULDER, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,015
    $0.00
    $23,338
    $23,338
    -
    $0.00
    $83,649
    $83,649

    Comparable in this City

    • Value Estimation by Request

      1855 Folsom St

      Land
      1855 Folsom St, Boulder, CO 80302
      View Details
    • Value Estimation by Request

      900 Baseline Rd

      COMMERCIAL (GENERAL)
      900 Baseline Rd, Boulder, CO 80302-7547
      View Details
    • Value Estimation by Request

      950 Pearl St

      COMMERCIAL (GENERAL)
      950 Pearl St, Boulder, CO 80302-5109
      View Details
    • Value Estimation by Request
      99 SF

      1035 Pearl St, Unit 215

      COMMERCIAL CONDOMINUIM • 99 SF
      1035 Pearl St, Boulder, CO 80302-5130
      View Details
    • Value Estimation by Request
      96 SF

      1035 Pearl St, Unit 216

      COMMERCIAL CONDOMINUIM • 96 SF
      1035 Pearl St, Boulder, CO 80302-5130
      View Details
    • Value Estimation by Request
      103 SF

      1035 Pearl St, Unit 221

      COMMERCIAL CONDOMINUIM • 103 SF
      1035 Pearl St, Boulder, CO 80302-5130
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Boulder Commercial & Residential Land

      Prime Boulder location, build-ready land.
      1855 Folsom St, Boulder, CO 80302
      View Details
    • $4,499,640
      7,758 SF

      Downtown Boulder Commercial Gem

      Iconic building, prime location, high visibility.
      1735 15Th St, Boulder, CO 80302
      View Details
    • $3,100,000
      6,211 SF

      Boulder Apartment Building Sold

      7-unit apartment building in Boulder, Colorado.
      956 Marine St, Boulder, CO 80302
      View Details
    • $1,475,000

      Vacant Land Ready to Build

      Vacant land with approved plans, ready for construction.
      1855 Folsom St, Boulder, CO 80302
      View Details
    • $35,000

      Recreational Land Surrounded by Forest

      Private recreational land surrounded by Roosevelt National Forest.
      Pennsylvania Gulch Rd, Boulder, CO 80302
      View Details
    • Contact for pricing

      Recreational Land Surrounded by Forest

      Historic mining claim ideal for recreational use and land exchange.
      Gold Trl, Boulder, CO 80302
      View Details

    Similar Nearby for Lease

    • $21 SF/Yr
      54,224 SF

      Siena Square: Downtown Boulder Retail

      Prime Boulder location, retail/office space available.
      2060 Broadway, Boulder, CO 80302
      View Details
    • $15 SF/Yr
      25,160 SF

      Downtown Boulder Office/Retail Space

      Historic Pearl Street Mall location; multiple suites available.
      1320 Pearl St, Boulder, CO 80302
      View Details
    • $28 SF/Yr
      36,576 SF

      Boulder Retail Space: Broadway Gem

      Prime Boulder retail, 3,959-36,576 SF
      1651 Broadway, Boulder, CO 80302
      View Details
    • $19 SF/Yr
      7,642 SF

      Downtown Boulder Class A Office Space

      Prime Boulder location, modern office suite, major incentives.
      1011 Walnut St, Boulder, CO 80302
      View Details
    • Contact for pricing
      1,308 SF

      Prime Retail Space Near Pearl

      Open retail space near Pearl Street Mall and St. Julien Hotel.
      949 Walnut St, Boulder, CO 80302
      View Details
    • $27 SF/Yr
      1,867 SF

      Downtown Boulder Office Space

      Corner office space in Downtown Boulder near Pearl Street Mall.
      1909 Broadway, Boulder, CO 80302
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2360 Arapahoe Ave
    Boulder, CO 80302-6606
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.