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Property profile & analytics
OFF-MARKET
Estimated value
$4,725,000
Warehouses
2400 Industrial Ln, Broomfield, CO 80020-1693
Entity Owned
4-yr Hold
Free & Clear
Property ID
US13-2564434
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1962
Construction
METAL FRAME
Total area
30,600 SF
Lot
9.74 ac (424,100 SF)
Zoning code
I-1
APN
157534400001
UPID
US13-2564434
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
by Request
CAP Approach
CAP
$3.73M
Comparable Approach
Comparable
$5.46M
Blend (final)
Blend
$4.73M
Owner & transaction history
City And County Of Broomfield · 4 yrs held
City And County Of Broomfield
since 2021
7 recorded transactions
Zoning & alternative use
I-1 · Broomfield, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$7.6M
+52.3%
Commercial (general)
$6.9M
+38.6%
Industrial (general)
$6.4M
+27.6%
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 Broomfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Broomfield 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%
$4,035,000
6.5%
$3,725,000
7%
$3,460,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$5,005,000
Current use
APARTMENT HOUSE (5+ UNITS)
$7,625,000
Change: +52% · Conversion: Difficult
COMMERCIAL (GENERAL)
$6,935,000
Change: +39% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$6,385,000
Change: +28% · Conversion: Easy
Blend value · Realmo final
$4.73M
Range $4.25M – $5.20M · ±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
$154 / 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
$364,929
Tax year 2023
Assessed value
$3,902,190
Assessed 2024
Previous assessed
$1,043,430
+274.0% YoY
Effective rate
9.35%
On assessed value
Assessed land
$957,570
Assessed improvement
$2,944,620
Land market value
$3,432,140
Improvement market value
$10,554,180
Total market value
$13,986,320
Applied tax rate
5,055.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1962
Construction
METAL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
1
Total area
30,600 SF
Lot
9.74 ac (424,100 SF)
Zoning code
I-1
APN
157534400001
UPID
US13-2564434
Jurisdiction
BROOMFIELD
Zoning & alternative use
I-1 · Broomfield, CO
Zoning I-1 · permitted uses
I-1 · Broomfield, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Broomfield. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$5.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$7.6M
COMMERCIAL (GENERAL)
Est. value
$6.9M
INDUSTRIAL (GENERAL)
Est. value
$6.4M
WAREHOUSE, STORAGE Current
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
INDUSTRIAL (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
1962
Construction
METAL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
9.74 ac
Current owner
From public records · entity-resolved
City And County Of Broomfield
Entity
Free & Clear · 4 yrs held
Mailing address
3535 LARIMER ST, DENVER, CO 80205-2421
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 14, 2021
—
City And County Of Broomfield
Deuces Wild LLC
Warranty Deed
—
Sep 10, 2021
$23,540
County Of Broomfield
Deuces Wild LLC
Warranty Deed
—
Nov 21, 2012
$2,600,000
Deuces Wild LLC
Sbt Gill Portfolio LLC
Grant Deed
$2,000,000 · Summit Bank & Trust
Dec 29, 2011
—
Sbt Gill Portfolio LLC
Deputy Public Te Of Broomfield Cn
Trustees Deed
related
—
Dec 28, 2011
—
Sbt Gill Portfolio LLC
Summit Bk & Trust
Grant Deed
related
—
Dec 14, 2011
$3,492,000
Millennium Invs I Lllp
Deputy Public Te Of Broomfield Cn
Certificate Of Purchase
$5,500,000
Jul 30, 2008
—
Millennium Invs I Lllp
Owner Name Unavailable
Quit Claim Deed
related
—
May 20, 2008
—
Millennium Investments I Lllp
Way To Go LLC
Warranty Deed
—
Dec 31, 2007
—
Way To Go LLC
Superior Investments INC
Grant Deed
—
Dec 9, 2005
—
Superior Investments INC
Superior Investments I INC
Quit Claim Deed
related
—
—
—
Millennium Investments LLC
—
Deed Of Trust
related
$5,350,000 · Park National Bank
—
—
Millennium Investments I Lllp
—
Deed Of Trust
related
$5,500,000 · Summit Bank & Trust
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.
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