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Property profile & analytics
OFF-MARKET
Estimated value
$545,000
Office buildings
302 Pearl St Boulder, CO 80302-4921
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US13-0524250
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1915
Construction
BRICK
Total area
3,488 SF
Lot
0.12 ac (5,184 SF)
Zoning code
2120
APN
1461-25-4-39-006
UPID
US13-0524250
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
-
Hash House by Dablogic Boulder Dispensary (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$425k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$414k
Blend (final)
Blend
$545k
Owner & transaction history
Dj Dev LLC · 9 yrs held
Dj Dev LLC
since 2017
7 recorded transactions
Zoning & alternative use
2120 · 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
$425,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$545k
Range $491k – $600k · ±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
$156 / 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
$48,889
Tax year 2023
Assessed value
$574,489
Assessed 2023
Previous assessed
$481,110
+19.4% YoY
Effective rate
8.51%
On assessed value
Assessed land
$320,655
Assessed improvement
$253,834
Land market value
$1,149,300
Improvement market value
$909,800
Total market value
$2,059,100
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1915
Construction
BRICK
Heating
RADIANT
Stories
2
Bathrooms
1
Total area
3,488 SF
Lot
0.12 ac (5,184 SF)
Zoning code
2120
APN
1461-25-4-39-006
UPID
US13-0524250
Jurisdiction
BOULDER
Zoning & alternative use
2120 · Boulder, COZoning 2120 · permitted uses
2120 · 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
1915
Construction
BRICK
Heating
RADIANT
Stories
2
Bathrooms
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
Dj Dev LLC
Entity
Mailing address
9229 W SUNSET BLVD STE #615, WEST HOLLYWOOD, CA 90069-3419
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 9, 2017
—
Dj Development LLC
—
Deed
related
$1,007,500 · First Republic Bank
Jan 25, 2017
$1,550,000
Dj Dev LLC
Solstice Center LLC
Warranty Deed
—
Aug 29, 2016
—
Solstice Centere LLC
Eat-1511 LLC
Grant Deed
related
—
Sep 2, 2015
—
Eat-1511 LLC
Solstice Center LLC
Warranty Deed
$2,229,000 · Benjamin H Lipman
Dec 9, 2008
—
Solstice Center LLC
Boulder Ayurveda LLC
Quit Claim Deed
related
—
Dec 27, 2006
—
Boulder Ayurveda LLC
302 Pearl Street Studios
Quit Claim Deed
related
—
Sep 13, 2005
—
Boulder Ayurveda LLC
Lipman,benjamin H
Quit Claim Deed
related
—
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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