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Property profile & analytics
OFF-MARKET
Estimated value
$5,410,000
Industrial properties
305 Arthur Ave Louisville, CO 80027-3122
Entity Owned
5-yr Hold
Free & Clear
Property ID
US13-0768001
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2016
Construction
TILT-UP CONCRETE
Total area
18,000 SF
Lot
2.01 ac (87,425 SF)
Zoning code
300
APN
1575-16-0-30-001
UPID
US13-0768001
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.62M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.92M
Blend (final)
Blend
$5.41M
Owner & transaction history
Bh 305 Arthur LLC · 5 yrs held
Bh 305 Arthur LLC
since 2020
Last sale
$5.6M
7 recorded transactions
Zoning & alternative use
300 · Louisville, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$7.7M
+105.0%
Restaurant
$6.7M
+80.2%
Retail stores
$6.5M
+74.5%
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 Louisville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Louisville 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
$5,240,000
ML approach
$5,620,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,740,000
Current use
AUTO REPAIR, GARAGE
$7,670,000
Change: +105% · Conversion: Easy
RESTAURANT
$6,740,000
Change: +80% · Conversion: Difficult
RETAIL STORES
$6,530,000
Change: +75% · Conversion: Moderate
COMMERCIAL (GENERAL)
$6,025,000
Change: +61% · Conversion: Difficult
OFFICE BUILDING
$5,005,000
Change: +34% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$4,485,000
Change: +20% · Conversion: Difficult
Blend value · Realmo final
$5.41M
Range $4.87M – $5.95M · ±10% · vs last sale $5.64M (Nov 10 2020)
Last sale anchor
$5.64M
Nov 10 2020
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
$301 / 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
$152,488
Tax year 2023
Assessed value
$1,714,818
Assessed 2023
Previous assessed
$1,189,000
+44.2% YoY
Effective rate
8.89%
On assessed value
Assessed land
$436,663
Assessed improvement
$1,278,155
Land market value
$1,565,100
Improvement market value
$4,581,200
Total market value
$6,146,300
Applied tax rate
96.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2016
Construction
TILT-UP CONCRETE
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
18,000 SF
Lot
2.01 ac (87,425 SF)
Zoning code
300
APN
1575-16-0-30-001
UPID
US13-0768001
Jurisdiction
BOULDER
Zoning & alternative use
300 · Louisville, CO
Zoning 300 · permitted uses
300 · Louisville, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Louisville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$3.7M
AUTO REPAIR, GARAGE
Est. value
$7.7M
RESTAURANT
Est. value
$6.7M
RETAIL STORES
Est. value
$6.5M
COMMERCIAL (GENERAL)
Est. value
$6.0M
OFFICE BUILDING
Est. value
$5.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.5M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RESTAURANT
RETAIL STORES
COMMERCIAL (GENERAL)
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
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
2016
Construction
TILT-UP CONCRETE
Heating
YES
Cooling
Yes
Stories
1
Lot
2.01 ac
Current owner
From public records · entity-resolved
Bh 305 Arthur LLC
Entity
Free & Clear · 5 yrs held
Mailing address
1501 LEE HL DR UNIT #22, BOULDER, CO 80304-5602
Ownership since
2020
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
Nov 10, 2020
$5,635,000
Bh 305 Arthur LLC
Ej 305 South Arthur LLC
Grant Deed
—
Jul 31, 2019
—
Ej 305 South Arthur LLC
—
Deed
related
$3,349,500 · Firstbank
Jun 28, 2016
$311,300
Ej 305 South Arthur LLC
Ej Louisville Land LLC
Grant Deed
related
$2,975,000 · First Nat'l Bk/denver
Feb 9, 2012
$2,128,000
Ej Louisville Land LLC
Colorado Tech Land Co LLC
Grant Deed
—
Feb 9, 2012
—
Ej Louisville Land LLC
Colorado Tech Land Co LLC
Quit Claim Deed
related
—
Nov 29, 2005
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
—
—
Ej 305 South Arthur LLC
—
Deed Of Trust
related
$3,349,500 · Firstbank
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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