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Property profile & analytics
OFF-MARKET
Estimated value
$3,155,000
Commercial real estate
2897 Mapleton Ave, Boulder, CO 80301-1112
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US13-0090694
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1982
Construction
FRAME
Total area
11,806 SF
Lot
0.86 ac (37,636 SF)
Zoning code
2112
APN
1463-29-2-00-068
UPID
US13-0090694
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
Current use
Occupant on record · Public records
-
Future Proof Movement Gym & Fitness Center
-
Find Yourself Healthy Gym & Fitness Center
-
14er Boulder (Bike/Boat/Book/etc) Store
-
Casa De Dios Shalom Church
-
Air99 LLC Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.95M
Comparable Approach
Comparable
$4.16M
Blend (final)
Blend
$3.16M
Owner & transaction history
2897 Mapleton II LLC · 10 yrs held
2897 Mapleton II LLC
since 2016
7 recorded transactions
Zoning & alternative use
2112 · Boulder, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$5.2M
+12.9%
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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,190,000
6.5%
$2,945,000
7%
$2,735,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$4,620,000
Current use
OFFICE BUILDING
$5,220,000
Change: +13% · Conversion: Easy
INDUSTRIAL (GENERAL)
$4,560,000
Change: -1% · Conversion: Moderate
Blend value · Realmo final
$3.16M
Range $2.84M – $3.47M · ±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
$267 / 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
$92,859
Tax year 2023
Assessed value
$1,083,636
Assessed 2023
Previous assessed
$816,698
+32.7% YoY
Effective rate
8.57%
On assessed value
Assessed land
$511,881
Assessed improvement
$571,755
Land market value
$1,834,700
Improvement market value
$2,049,300
Total market value
$3,884,000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1982
Construction
FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
11,806 SF
Lot
0.86 ac (37,636 SF)
Zoning code
2112
APN
1463-29-2-00-068
UPID
US13-0090694
Jurisdiction
BOULDER
Zoning & alternative use
2112 · Boulder, CO
Zoning 2112 · permitted uses
2112 · 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
COMMERCIAL (GENERAL) Current
Est. value
$4.6M
OFFICE BUILDING
Est. value
$5.2M
INDUSTRIAL (GENERAL)
Est. value
$4.6M
COMMERCIAL (GENERAL) Current
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
1982
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
0.86 ac
Current owner
From public records · entity-resolved
2897 Mapleton II LLC
Entity
Mailing address
3434 47TH ST STE #220, BOULDER, CO 80301-1817
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
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
Apr 27, 2022
—
2897 Mapleton II LLC
—
Deed
related
$10,000 · Spring Lending LLC
Feb 21, 2020
—
2897 Mapleton II LLC
—
Deed
related
$2,200,000 · Continual Divide LLC
Mar 31, 2017
—
2897 Mapleton II LLC
—
Deed
related
$2,200,000 · Continual Divide LLC
Jun 8, 2016
—
2897 Mapleton II LLC
—
Deed
related
$1,385,121 · 2897 Mapleton LLC
Apr 8, 2016
$2,642,000
2897 Mapleton II LLC
2897 Mapleton LLC
Grant Deed
$1,385,221 · Private Individual
Apr 9, 2009
—
2897 Mapleton LLC
—
Trustees Deed
related
$75,000 · Flatirons Bank
Apr 11, 2005
$1,500,000
2897 Mapleton LLC
Jaskowski,eileen S
Warranty Deed
$1,400,000 · Eileen Jaskowski
Jan 11, 2005
—
Eileen S Jaskowski
Malcolm G Kamm
Warranty Deed
related
—
—
—
2897 Mapleton II LLC
—
Deed Of Trust
related
$1,385,121 · 2897 Mapleton LLC
—
—
2897 Mapleton LLC
—
Deed Of Trust
related
$75,000 · Horizons Banks NA
—
—
2897 Mapleton II LLC
—
Deed Of Trust
related
$2,200,000 · Continual Divide LLC
—
—
2897 Mapleton II LLC
—
Loan Modification
related
$2,200,000 · Continual Divide LLC
—
—
2897 Mapleton LLC
—
Deed Of Trust
related
$75,000 · Flatirons Bank
—
—
2897 Mapleton LLC
—
Deed Of Trust
related
$75,000 · Flatirons 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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