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Property profile & analytics
OFF-MARKET
Estimated value
$725,000
Office buildings
2450 Broadway St, Boulder, CO 80304-4109
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US13-2697207
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1950
Construction
TYPE NOT SPECIFIED
Total area
2,240 SF
Lot
0.16 ac (6,970 SF)
Zoning code
2120
APN
1463-30-2-35-001
UPID
US13-2697207
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
$755k
CAP Approach
CAP
$515k
Comparable Approach
Comparable
$455k
Blend (final)
Blend
$725k
Owner & transaction history
R W Goodacre Family Lllp · 4 yrs held
R W Goodacre Family Lllp
since 2022
Last sale
$705,000
6 recorded transactions
Zoning & alternative use
2120 · Boulder, 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 Boulder submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Boulder 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
$740,000
ML approach
$755,000
CAP Approach
CAP Return
Estimation
6%
$560,000
6.5%
$515,000
7%
$480,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,045,000
Change: -16% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,040,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$725k
Range $653k – $798k · ±10% · vs last sale $705k (May 3 2022)
Last sale anchor
$705k
May 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
$324 / 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
$33,876
Tax year 2023
Assessed value
$400,644
Assessed 2023
Previous assessed
$273,441
+46.5% YoY
Effective rate
8.46%
On assessed value
Assessed land
$340,938
Assessed improvement
$59,706
Land market value
$1,222,000
Improvement market value
$214,000
Total market value
$1,436,000
Applied tax rate
10.0000
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
1950
Construction
TYPE NOT SPECIFIED
Heating
HOT WATER
Stories
1
Total area
2,240 SF
Lot
0.16 ac (6,970 SF)
Zoning code
2120
APN
1463-30-2-35-001
UPID
US13-2697207
Jurisdiction
BOULDER
Zoning & alternative use
2120 · Boulder, CO
Zoning 2120 · permitted uses
2120 · Boulder, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Boulder. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$1.0M
AUTO REPAIR, GARAGE
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
1950
Construction
TYPE NOT SPECIFIED
Heating
HOT WATER
Stories
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
R W Goodacre Family Lllp
Entity
Mailing address
1750 30TH ST #1129, BOULDER, CO 80301-1029
Mailing matches property
Yes
Owner-occupied
Yes
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 3, 2022
—
R W Goodacre Family Lllp
R W Goodacre
Intrafamily Transfer
related
—
Mar 16, 2021
—
2450 Broadway LLC
—
Deed
related
$600,000 · Centennial Lending LLC
Oct 1, 2003
$705,000
2450 Broadway LLC
Sessions,ray E & Gayla
Grant Deed
$565,000 · Horizon Bank
Sep 23, 2003
$705,000
Ray E Session
G Sessions Properties LLC
Quit Claim Deed
related
—
—
—
2450 Broadway LLC
—
Deed Of Trust
related
$615,000 · Great Western Bank
—
—
2450 Broadway LLC
—
Deed Of Trust
related
$111,000 · Horizon 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.
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