Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2952 Baseline Rd Boulder, CO 80303

    • Commercial real estate
    • 832 SF
    • 9.92 lot acres
    OFF-MARKET
    Value Estimations
    $545,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-0965056
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 2952 Baseline Rd

    Year built
    1974
    Construction
    TYPE NOT SPECIFIED
    Lot size
    9.92 lot acres
    Property size
    832 SF
    Zone code
    200
    Property type
    Commercial real estate
    APN
    1577-05-2-00-025
    APU
    157705200025

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $610,000
      Market price range: $335k - $610k
      AI Estimate
      $369,000
      Market price range: $65.4k - $369k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $430,000
      Current use
      OFFICE BUILDING
      $460,000
      Change: +7% Conversion: Easy
      AUTO REPAIR, GARAGE
      $385,000
      Change: -10% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Boulder
    County
    Boulder
    State
    Colorado
    Longitude
    -105.254
    Latitude
    39.9989
    CBSA code
    14500
    CBSA name
    BOULDER, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $499,488
    $2,318,375
    $3,477,538
    $5,795,913
    -
    $9,233,500
    $13,850,200
    $23,083,700

    Comparable in this City

    • Value Estimation by Request
      1,096 SF

      5330 Manhattan Cir Ste F

      COMMERCIAL CONDOMINUIM • 1,096 SF
      5330 Manhattan Cir Ste F, Boulder, CO 80303-4240
      View Details
    • Value Estimation by Request
      935 SF

      3601 Arapahoe Ave, Unit 176

      COMMERCIAL CONDOMINUIM • 935 SF
      3601 Arapahoe Ave, Boulder, CO 80303-1398
      View Details
    • Value Estimation
      $555,000
      962 SF

      5377 Manhattan Cir4a

      COMMERCIAL CONDOMINUIM • 962 SF
      5377 Manhattan Cir4a, Boulder, CO 80303-4333
      View Details
    • Value Estimation
      $890,000
      4,178 SF

      5735 Arapahoe Ave Ste B

      COMMERCIAL CONDOMINUIM • 4,178 SF
      5735 Arapahoe Ave Ste B, Boulder, CO 80303-1340
      View Details
    • Value Estimation
      $810,000
      3,796 SF

      5735 Arapahoe Ave Ste C

      COMMERCIAL CONDOMINUIM • 3,796 SF
      5735 Arapahoe Ave Ste C, Boulder, CO 80303-1340
      View Details
    • Value Estimation
      $2,080,000
      8,200 SF

      3216 Arapahoe Ave

      COMMERCIAL (GENERAL) • 8,200 SF
      3216 Arapahoe Ave, Boulder, CO 80303-1043
      View Details

    Similar Nearby for Sale

    • $3,841,000
      10,484 SF

      Boulder Commercial Investment Opportunity

      High-Occupancy Multi-Tenant Building, Prime Location
      5600 Arapahoe Ave, Boulder, CO 80303
      View Details
    • $3,600,000
      0.99 Acres

      Boulder Mixed-Use Land Opportunity

      Prime 0.99-acre lot, redevelopment potential.
      1530 55Th St, Boulder, CO 80303
      View Details
    • $495,000
      2,092 SF

      Small-Bay Industrial Condo For Sale

      Small-bay industrial condo with convenient access to Boulder, Louisville, Lafayette.
      5763 Arapahoe Ave, Boulder, CO 80303
      View Details
    • Contact for pricing

      Prime Boulder Land For Sale

      Land for sale near the University of Colorado Boulder.
      2865 Baseline Rd, Boulder, CO 80303
      View Details
    • $505,000
      913 SF

      Bright Condo with Mountain Views

      Condo with sunset views, amenities, and convenient Boulder location.
      2960 Shadow Creek Dr, Boulder, CO 80303
      View Details
    • $1,599,000

      Land with Rocky Mountain Views

      Expansive land with panoramic views near Boulder's amenities.
      8 Benchmark Dr, Boulder, CO 80303
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      3,006 SF

      Boulder Flex Space: 3,006 SF

      Versatile Boulder office/retail space.
      5345 Arapahoe Ave, Boulder, CO 80303
      View Details
    • Contact for pricing
      2,100 SF

      Prime Boulder Retail Space

      2,100 SF Freestanding Retail Building
      1534 55Th St, Boulder, CO 80303
      View Details
    • $21 SF/Yr

      Remodeled Office Space in Boulder

      Bright, spacious office suites with kitchenette and ample parking.
      5600 Arapahoe Ave, Boulder, CO 80303
      View Details
    • $2,100,000
      7,028 SF

      Turnkey Medical/Veterinary Facility in Boulder

      7,028 SF ready for immediate use in Boulder, CO.
      5290 Manhattan Cir, Boulder, CO 80303
      View Details
    • $18 SF/Yr
      100 SF

      Small Office Suite For Rent

      Cozy 100 SF office suite with shared amenities.
      75 Manhattan Dr, Boulder, CO 80303
      View Details
    • $21 SF/Yr
      11,400 SF

      Prime Boulder Executive Office Space

      11,400 SF Office, 38 Parking Spaces
      3004 Arapahoe Ave, Boulder, CO 80303
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2952 Baseline Rd
    Boulder, CO 80303
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.