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Property profile & analytics
OFF-MARKET
Estimated value
$935,000
Medical Office Space
2970 Arapahoe Rd Lafayette, CO 80026-8054
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US13-1388350
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Construction
FRAME
Total area
8,150 SF
Lot
0.39 ac (16,814 SF)
APN
1465-34-1-16-007
UPID
US13-1388350
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
-
Caroline Merrick Geddes Pediatrician Physician
-
UCHealth - Caroline Geddes MD Pediatrician Physician
-
UCHealth Primary Care - Erie Pediatrician Physician
-
UCHealth - Stephen Cheung DO Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$973k
Blend (final)
Blend
$935k
Owner & transaction history
J E T Colorado LLC · 3 yrs held
J E T Colorado LLC
since 2023
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+65.9%
Auto repair, garage
$980,000
+45.5%
Retail stores
$970,000
+44.3%
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 Lafayette submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lafayette 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$675,000
Current use
COMMERCIAL (GENERAL)
$1,115,000
Change: +66% · Conversion: Easy
AUTO REPAIR, GARAGE
$980,000
Change: +45% · Conversion: Difficult
RETAIL STORES
$970,000
Change: +44% · Conversion: Difficult
WAREHOUSE, STORAGE
$935,000
Change: +39% · Conversion: Difficult
RESTAURANT
$805,000
Change: +20% · Conversion: Difficult
Blend value · Realmo final
$935k
Range $842k – $1.03M · ±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
$115 / 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
$103,348
Tax year 2023
Assessed value
$1,043,516
Assessed 2023
Previous assessed
$1,043,516
+0.0% YoY
Effective rate
9.90%
On assessed value
Assessed land
$205,205
Assessed improvement
$838,311
Land market value
$735,500
Improvement market value
$3,004,700
Total market value
$3,740,200
Applied tax rate
1,427.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Construction
FRAME
Heating
NONE
Cooling
YES
Stories
1
Total area
8,150 SF
Lot
0.39 ac (16,814 SF)
APN
1465-34-1-16-007
UPID
US13-1388350
Jurisdiction
BOULDER
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
MEDICAL BUILDING Current
Est. value
$675,000
COMMERCIAL (GENERAL)
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$980,000
RETAIL STORES
Est. value
$970,000
WAREHOUSE, STORAGE
Est. value
$935,000
RESTAURANT
Est. value
$805,000
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
WAREHOUSE, STORAGE
RESTAURANT
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
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.39 ac
Current owner
From public records · entity-resolved
J E T Colorado LLC
Entity
Free & Clear · 3 yrs held
Mailing address
210 HOLLIS AVE, PANAMA CITY, FL 32401-3933
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 6, 2023
$5,650,000
J E T Colorado LLC
Evergren 287 & Arapahoe LLC
Special Warranty Deed
—
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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