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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Office Spaces
246 Basher Dr 1 Berthoud, CO 80513-9170
Entity Owned
4-yr Hold
Free & Clear
Property ID
US13-0475908
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2005
Total area
1,953 SF
Lot
0.25 ac (10,759 SF)
APN
R3845005
UPID
US13-0475908
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
$460k
CAP Approach
CAP
$410k
Comparable Approach
Comparable
$663k
Blend (final)
Blend
$520k
Owner & transaction history
226 Basher Dr 1 LLC · 4 yrs held
226 Basher Dr 1 LLC
since 2022
Last sale
$570,000
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$765,000
+34.5%
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 Berthoud submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Berthoud 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
$435,000
ML approach
$460,000
CAP Approach
CAP Return
Estimation
6%
$445,000
6.5%
$410,000
7%
$380,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$570,000
Current use
AUTO REPAIR, GARAGE
$765,000
Change: +34% · Conversion: Difficult
COMMERCIAL (GENERAL)
$545,000
Change: -4% · Conversion: Easy
Blend value · Realmo final
$520k
Range $468k – $572k · ±10% · vs last sale $570k (Jun 23 2022)
Last sale anchor
$570k
Jun 23 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
$266 / 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
$8,807
Tax year 2023
Assessed value
$103,530
Assessed 2023
Previous assessed
$103,530
+0.0% YoY
Effective rate
8.51%
On assessed value
Assessed improvement
$103,530
Improvement market value
$371,070
Total market value
$371,070
Applied tax rate
568.0000
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 Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
2005
Heating
RADIANT
Stories
1
Units
8
Total area
1,953 SF
Lot
0.25 ac (10,759 SF)
APN
R3845005
UPID
US13-0475908
Jurisdiction
WELD
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
OFFICE BUILDING Current
Est. value
$570,000
AUTO REPAIR, GARAGE
Est. value
$765,000
COMMERCIAL (GENERAL)
Est. value
$545,000
OFFICE BUILDING Current
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
2005
Heating
RADIANT
Stories
1
Units
8
Lot
0.25 ac
Current owner
From public records · entity-resolved
226 Basher Dr 1 LLC
Entity
Free & Clear · 4 yrs held
Mailing address
2414 COREY ST, LONGMONT, CO 80501-1217
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
Jun 23, 2022
—
226 Basher Dr 1 LLC
Todd Kinzle
Quit Claim Deed
related
—
Dec 30, 2019
$570,000
Todd Kinzle
St Paul Property Holdings LLC
Warranty Deed
$427,500 · Firstbank
Jul 5, 2012
$135,000
St Paul Property Holdings LLC
One LLC
Warranty Deed
—
Jun 29, 2005
$127,000
One LLC
5ive Star Ents LLC
Warranty Deed
—
—
—
St Paul Property Holdings LLC
—
Deed Of Trust
related
$533,000 · Community Banks Of Colorado
—
—
St Paul Property Holdings LLC
—
Deed Of Trust
related
$109,000 · Guaranty 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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