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Property profile & analytics
OFF-MARKET
Estimated value
$580,000
Commercial real estate
304 Baseline Rd Lafayette, CO 80026-2475
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US13-0069573
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1926
Construction
WOOD
Total area
1,002 SF
Lot
0.25 ac (10,803 SF)
Zoning code
2112
APN
1575-02-2-05-004
UPID
US13-0069573
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
-
Dr Simi Ahuja Physician Alternative Medicine Practice
-
Embodied Heart Wellness; Jen Fuller, MA, LPC, CACII Psychotherapist Meditation Instructor
-
Brian Bradley Fine Arts Art Restoration Service Picture Frame Shop
-
Firiel Skin Care Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$540k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$353k
Blend (final)
Blend
$580k
Owner & transaction history
East Baseline LLC · 3 yrs held
East Baseline LLC
since 2023
Last sale
$610,000
7 recorded transactions
Zoning & alternative use
2112 · Lafayette, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$465,000
+94.5%
Office building
$450,000
+88.3%
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
$550,000
ML approach
$540,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$465,000
Change: +95% · Conversion: Difficult
OFFICE BUILDING
$450,000
Change: +88% · Conversion: Easy
Blend value · Realmo final
$580k
Range $522k – $638k · ±10% · vs last sale $610k (May 1 2023)
Last sale anchor
$610k
May 1 2023
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
$579 / 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
$13,851
Tax year 2023
Assessed value
$167,400
Assessed 2023
Previous assessed
$115,826
+44.5% YoY
Effective rate
8.27%
On assessed value
Assessed land
$55,800
Assessed improvement
$111,600
Land market value
$200,000
Improvement market value
$400,000
Total market value
$600,000
Applied tax rate
110.0000
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 (GENERAL)
Status
Off-Market
Year built
1926
Construction
WOOD
Heating
FORCED AIR
Stories
1
Total area
1,002 SF
Lot
0.25 ac (10,803 SF)
Zoning code
2112
APN
1575-02-2-05-004
UPID
US13-0069573
Jurisdiction
BOULDER
Zoning & alternative use
2112 · Lafayette, CO
Zoning 2112 · permitted uses
2112 · Lafayette, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lafayette. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$465,000
OFFICE BUILDING
Est. value
$450,000
AUTO REPAIR, GARAGE
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
1926
Construction
WOOD
Heating
FORCED AIR
Stories
1
Lot
0.25 ac
Current owner
From public records · entity-resolved
East Baseline LLC
Entity
Mailing address
PO BOX 6140, BOULDER, CO 80306-6140
Mailing matches property
Yes
Owner-occupied
Yes
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 5, 2024
—
Lafayette Chamber Of Commerce
—
Deed
related
$150,000 · First Interstate Bank
May 1, 2023
$610,000
East Baseline LLC
Peyton Plaza LLC
Warranty Deed
$409,500 · Flatirons Bank
May 2, 2022
$925,000
Lafayette Chamber Of Commerce
Gappa LLC
Special Warranty Deed
—
Aug 16, 2019
—
Peyton Plaza LLC
—
Deed
related
$565,000 · Independent Bank
May 12, 2017
—
Peyton Plaza LLC
—
Deed
related
$642,062 · Advantage Bank
Nov 3, 2016
—
Gappa LLC
—
Deed
related
$320,000 · Tbk Bank Ssb
Nov 2, 2016
—
Gappa LLC
—
Deed
related
$32,000 · Tbk Bank Ssb
Jul 13, 2016
$375,000
Gappa LLC
Highland Properties 6015 LLC
Grant Deed
—
Jul 13, 2016
—
Gappa LLC
—
Deed
related
$374,964 · Wells Fargo Bk
Nov 5, 2007
$350,000
Peyton Plaza LLC
West,nancy A
Warranty Deed
$280,000 · First Western Trust Bank
—
—
Peyton Plaza LLC
—
Deed Of Trust
related
$100,000 · Lafayette-louisville Downtown
—
—
Payton Plaza LLC
—
Deed Of Trust
related
$135,000 · First Western Trust 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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