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Property profile & analytics
OFF-MARKET
Estimated value
$4,000,000
Warehouses
320 Gtwy Dr Johnstown, CO 80534
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US13-2848663
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2002
Total area
27,379 SF
Lot
2 ac (87,120 SF)
APN
R0167901
UPID
US13-2848663
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
$3.95M
CAP Approach
CAP
$4.70M
Comparable Approach
Comparable
$4.13M
Blend (final)
Blend
$4.00M
Owner & transaction history
Ia Gateway LLC · 3 yrs held
Ia Gateway LLC
since 2023
Last sale
$4.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$5.8M
+42.4%
Office building
$5.4M
+33.4%
Restaurant
$5.2M
+29.6%
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 Johnstown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Johnstown 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
$3,915,000
ML approach
$3,945,000
CAP Approach
CAP Return
Estimation
6%
$5,090,000
6.5%
$4,700,000
7%
$4,365,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$4,040,000
Current use
RETAIL STORES
$5,750,000
Change: +42% · Conversion: Moderate
OFFICE BUILDING
$5,385,000
Change: +33% · Conversion: Difficult
RESTAURANT
$5,235,000
Change: +30% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$4,875,000
Change: +21% · Conversion: Easy
MEDICAL BUILDING
$4,570,000
Change: +13% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,955,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$4.00M
Range $3.60M – $4.40M · ±10% · vs last sale $4.00M (May 19 2023)
Last sale anchor
$4.00M
May 19 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
$146 / 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
$98,202
Tax year 2023
Assessed value
$1,069,430
Assessed 2023
Previous assessed
$1,069,430
+0.0% YoY
Effective rate
9.18%
On assessed value
Assessed land
$197,420
Assessed improvement
$872,010
Land market value
$707,582
Improvement market value
$3,125,478
Total market value
$3,833,060
Applied tax rate
568.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2002
Heating
RADIANT
Buildings
3
Stories
1
Total area
27,379 SF
Lot
2 ac (87,120 SF)
APN
R0167901
UPID
US13-2848663
Jurisdiction
WELD
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
WAREHOUSE, STORAGE Current
Est. value
$4.0M
RETAIL STORES
Est. value
$5.8M
OFFICE BUILDING
Est. value
$5.4M
RESTAURANT
Est. value
$5.2M
INDUSTRIAL (GENERAL)
Est. value
$4.9M
MEDICAL BUILDING
Est. value
$4.6M
COMMERCIAL (GENERAL)
Est. value
$4.0M
WAREHOUSE, STORAGE Current
RETAIL STORES
OFFICE BUILDING
RESTAURANT
INDUSTRIAL (GENERAL)
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
2002
Heating
RADIANT
Stories
1
Buildings
3
Lot
2 ac
Current owner
From public records · entity-resolved
Ia Gateway LLC
Entity
Mailing address
810 CARDINAL LN STE #210, HARTLAND, WI 53029-2390
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 19, 2023
$4,000,000
Ia Gateway LLC
Kederike Lemay LLC
Special Warranty Deed
$2,905,000 · Westbury Bank
Jul 31, 2017
$3,146,154
Kederike Lemay LLC
320 Gateway Acquisition Co LLC
Warranty Deed
—
May 15, 2017
$1,600,400
320 Gateway Acquisition Co LLC
320 Gateway Partners LLC
Grant Deed
related
$1,740,000 · Cato 17-1 LLC
Dec 6, 2012
$1,350,000
320 Gateway Partners LLC
First National Bank Of Omaha
Special Warranty Deed
$1,000,000 · Wells Fargo Bank NA
Sep 6, 2012
—
Natl Bk First
Public Trustee Of Weld County
Trustees Deed
related
—
Aug 23, 2012
$1,152,678
320 Gateway LLC
Public Trustee Of Weld County
Certificate Of Purchase
$1,482,000
Jul 31, 2007
$1,975,000
320 Gateway LLC
Silverado Properties LLC
Warranty Deed
$1,482,000 · First National Bank
—
—
Silverado Properties LLC
—
Deed Of Trust
related
$91,000 · Citywide Banks
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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