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Property profile & analytics
FOR SALE
Turn key restaurants
2905 Baseline Rd Boulder, CO 80303
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US13-0838357
For Sale
1 / 5
Contact for pricing
2905 Baseline Rd, Boulder, CO 80303
View Listing →
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1976
Construction
WOOD
Total area
4,990 SF
Lot
0.79 ac (34,325 SF)
Zoning code
2134
APN
1463-32-3-08-001
UPID
US13-0838357
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
-
Gold Rush Salon Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$395k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$759k
Blend (final)
Blend
$395k
Owner & transaction history
2905 Baseline Road LLC · 9 yrs held
2905 Baseline Road LLC
since 2017
7 recorded transactions
Zoning & alternative use
2134 · Boulder, CO
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
$395,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$395k
Range $356k – $435k · ±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
$79 / 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
$65,066
Tax year 2023
Assessed value
$761,810
Assessed 2023
Previous assessed
$714,270
+6.7% YoY
Effective rate
8.54%
On assessed value
Assessed land
$575,382
Assessed improvement
$186,428
Land market value
$2,062,300
Improvement market value
$668,200
Total market value
$2,730,500
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
Turn key restaurants
Use group
RESTAURANT
Status
For Sale
Year built
1976
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Total area
4,990 SF
Lot
0.79 ac (34,325 SF)
Zoning code
2134
APN
1463-32-3-08-001
UPID
US13-0838357
Jurisdiction
BOULDER
Zoning & alternative use
2134 · Boulder, COZoning 2134 · permitted uses
2134 · Boulder, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
municipal code
Building & site characteristics
From public records
Year built
1976
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.79 ac
Current owner
From public records · entity-resolved
2905 Baseline Road LLC
Entity
Mailing address
PO BOX 271028, LOUISVILLE, CO 80027-5018
Ownership since
2017
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
Nov 9, 2022
—
2905 Baseline Road LLC
—
Deed
related
$2,660,000 · Indicate Capital Reit LLC
May 16, 2018
—
2905 Baseline Road LLC
—
Deed
related
$11,000 · Neil Dykes
Oct 11, 2017
—
2905 Baseline Road LLC
—
Deed
related
$2,100,000 · Alpine Bank
Jun 13, 2017
$2,800,000
2905 Baseline Road LLC
W S A Fraternal Life
Special Warranty Deed
$2,100,000 · North Valley Bank
Apr 2, 2009
—
Canyon Creek Apartments LLC
Canyon Creek Apartments
Quit Claim Deed
related
—
Apr 2, 2009
$1,750,000
Wsa Fraternal Life
Canyon Creek Apartments LLC
Warranty Deed
—
Aug 15, 2007
—
Canyon Creek Apartments LLC
—
Trustees Deed
related
$180,000 · First Community Bank
—
—
2905 Baseline Road LLC
—
Deed Of Trust
related
$11,000 · Neil Dykes
—
—
Canyon Creek Apartments LLC
—
Deed Of Trust
related
$662,716 · Heritage 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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