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Property profile & analytics
FOR LEASE
Commercial real estate
290 Nickel St, Broomfield, CO 80020
Entity Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US13-2502715
For Lease
1 / 5
$18 SF/Yr
290 Nickel St, Broomfield, CO 80020
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Year built
1963
Construction
CONCRETE BLOCKS
Total area
3,812 SF
Lot
0.09 ac (4,138 SF)
Zoning code
B-2
APN
157535335002
UPID
US13-2502715
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
$775k
Comparable Approach
Comparable
$528k
Blend (final)
Blend
$645k
Owner & transaction history
Nickel Street Medical LLC · 14 yrs held
Nickel Street Medical LLC
since 2011
7 recorded transactions
Zoning & alternative use
B-2 · Broomfield, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.1M
+22.6%
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%
$840,000
6.5%
$775,000
7%
$720,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$865,000
Current use
OFFICE BUILDING
$1,060,000
Change: +23% · Conversion: Easy
Blend value · Realmo final
$645k
Range $581k – $710k · ±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
$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
$21,596
Tax year 2023
Assessed value
$230,930
Assessed 2024
Previous assessed
$171,350
+34.8% YoY
Effective rate
9.35%
On assessed value
Assessed improvement
$230,930
Improvement market value
$827,700
Total market value
$827,700
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
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Status
For Lease
Year built
1963
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
3,812 SF
Lot
0.09 ac (4,138 SF)
Zoning code
B-2
APN
157535335002
UPID
US13-2502715
Jurisdiction
BROOMFIELD
Zoning & alternative use
B-2 · Broomfield, CO
Zoning B-2 · permitted uses
B-2 · 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
COMMERCIAL (GENERAL) Current
Est. value
$865,000
OFFICE BUILDING
Est. value
$1.1M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
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
1963
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Nickel Street Medical LLC
Entity
Mailing address
7130 4TH RIVERS RD, BOULDER, CO 80301-3734
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 6, 2011
—
Nickel Street Medical LLC
—
Trustees Deed
related
$289,000 · Colorado Business Bank NA
Sep 12, 2011
$562,121
Nickel Street Medical LLC
Blue River Investments Limited Liab
Special Warranty Deed
$520,200 · Colorado Business Bank
May 23, 2007
$1,500,000
Blue River Investments LLC
290 Nickel Street LLC
Grant Deed
$1,125,000 · Bank Of The West
—
—
Blue River Investments LLC
—
Deed Of Trust
related
—
—
—
290 Nickel Street LLC
—
Deed Of Trust
related
$975,000 · First American State Bank
—
—
290 Nickel Street LLC
—
Deed Of Trust
related
$200,000 · Rocky Mountain Bank
—
—
Nickel Street Medical LLC
—
Deed Of Trust
related
$284,400 · Colorado Business Bank NA
—
—
290 Nickel Street LLC
—
Deed Of Trust
related
$555,000 · Rocky Mountain Bank
—
—
Nickel Street Medical LLC
—
Deed Of Trust
related
$240,000 · Colorado Lending Source Ltd
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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