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Property profile & analytics
OFF-MARKET
Estimated value
$1,735,000
Warehouses
2432 13th St 62 Loveland, CO 80537-5104
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US13-0468021
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
10,255 SF
Lot
0.9 ac (39,204 SF)
APN
85181-08-021
UPID
US13-0468021
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
$1.67M
CAP Approach
CAP
$1.85M
Comparable Approach
Comparable
$1.76M
Blend (final)
Blend
$1.74M
Owner & transaction history
2432 E 13th LLC · 4 yrs held
2432 E 13th LLC
since 2022
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.7M
+96.0%
Retail stores
$2.4M
+75.5%
Office building
$1.7M
+23.9%
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
$1,660,000
ML approach
$1,665,000
CAP Approach
CAP Return
Estimation
6%
$2,005,000
6.5%
$1,850,000
7%
$1,715,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,370,000
Current use
AUTO REPAIR, GARAGE
$2,685,000
Change: +96% · Conversion: Easy
RETAIL STORES
$2,405,000
Change: +75% · Conversion: Moderate
OFFICE BUILDING
$1,695,000
Change: +24% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,360,000
Change: -1% · Conversion: Easy
Blend value · Realmo final
$1.74M
Range $1.56M – $1.91M · ±10% · vs last sale $1.98M (Jun 3 2022)
Last sale anchor
$1.98M
Jun 3 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
$169 / 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
$41,231
Tax year 2023
Assessed value
$544,050
Assessed 2023
Previous assessed
$326,250
+66.8% YoY
Effective rate
7.58%
On assessed value
Assessed land
$65,900
Assessed improvement
$478,150
Land market value
$236,200
Improvement market value
$1,713,800
Total market value
$1,950,000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Total area
10,255 SF
Lot
0.9 ac (39,204 SF)
APN
85181-08-021
UPID
US13-0468021
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
WAREHOUSE, STORAGE Current
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$2.7M
RETAIL STORES
Est. value
$2.4M
OFFICE BUILDING
Est. value
$1.7M
INDUSTRIAL (GENERAL)
Est. value
$1.4M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
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
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Lot
0.9 ac
Current owner
From public records · entity-resolved
2432 E 13th LLC
Entity
Mailing address
6685 BASELINE RD, BOULDER, CO 80303-3148
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 3, 2022
$1,975,000
2432 E 13th LLC
Front Range Meats LLC
Special Warranty Deed
$1,382,500 · First National Bank
Apr 20, 2021
—
Front Range Meats LLC
—
Deed
related
$705,000 · Great Western Bank
Jan 28, 2020
—
Front Range Meats LLC
—
Deed
related
—
Jan 25, 2019
—
Front Range Meats LLC
—
Deed Of Trust
related
$500,000 · Great Wstrn Bk
Sep 6, 2018
—
Front Range Meats LLC
—
Deed
related
$550,000 · Great Wstrn Bk
Sep 6, 2017
—
Front Range Meats LLC
Mutchler,brenda S
Warranty Deed
related
$460,841 · Wspc Loveland LLC
Feb 1, 2010
$16,419
Robert R Mutchler
Treasurer Of Larimer County
Redemption Deed
—
Dec 3, 2008
$7,738
Robert R Mutchler
Treasurer Of Larimer County
Certificate Of Purchase
—
May 10, 2007
—
Mutchler Robert R Trust
Mutchler,robert R
Quit Claim Deed
related
—
Nov 27, 2006
—
Robert A Mutchler
—
Trustees Deed
related
$40,499 · Home State Bank
Oct 5, 2006
—
Robert R Mutchler
—
Trustees Deed
related
$65,000 · Home State Bank
—
—
Front Range Meats LLC
—
Loan Modification
related
—
—
—
Robert R Mutchler
—
Deed Of Trust
related
$300,000 · Home State Bank
—
—
Front Range Meats LLC
—
Deed Of Trust
related
$550,000 · Great Wstrn Bk
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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