Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$850,000
Office buildings
338 Main St Longmont, CO 80501-5527
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US13-2808251
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1890
Construction
CONCRETE BLOCKS
Total area
4,775 SF
Lot
0.07 ac (3,006 SF)
Zoning code
2112
APN
1315-03-4-07-011
UPID
US13-2808251
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
-
8z Real Estate Longmont Real Estate Agency
-
Leslie Sharkey, Realtor® Real Estate Agency
-
The New Orleans Chefs of Colorado Restaurant
-
New Orleans Chefs of Colorado LLC Restaurant
-
Doula at Your Door Take-out & Catering Catering Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.04M
Comparable Approach
Comparable
$692k
Blend (final)
Blend
$850k
Owner & transaction history
Angel Oak Kinship LLC · 7 yrs held
Angel Oak Kinship LLC
since 2019
7 recorded transactions
Zoning & alternative use
2112 · Longmont, 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 Longmont submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Longmont 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%
$1,130,000
6.5%
$1,040,000
7%
$965,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,315,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$850k
Range $765k – $935k · ±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
$178 / 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
$28,609
Tax year 2023
Assessed value
$277,884
Assessed 2023
Previous assessed
$268,830
+3.4% YoY
Effective rate
10.30%
On assessed value
Assessed land
$46,035
Assessed improvement
$231,849
Land market value
$165,000
Improvement market value
$831,000
Total market value
$996,000
Applied tax rate
1,017.0000
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
1890
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
YES
Stories
2
Total area
4,775 SF
Lot
0.07 ac (3,006 SF)
Zoning code
2112
APN
1315-03-4-07-011
UPID
US13-2808251
Jurisdiction
BOULDER
Zoning & alternative use
2112 · Longmont, COZoning 2112 · permitted uses
2112 · Longmont, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Development Code
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.3M
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
1890
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
0.07 ac
Current owner
From public records · entity-resolved
Angel Oak Kinship LLC
Entity
Mailing address
338 MAIN ST, LONGMONT, CO 80501-5527
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 5, 2021
—
Angel Oak Kinship LLC
—
Deed
related
$1,050,000 · Adams Bank & Trust
Aug 3, 2020
—
Angel Oak Kinship LLC
—
Deed
related
$1,050,000 · Adams Bk&tr
Jan 2, 2019
$825,000
Angel Oak Kinship LLC
338 Main LLC
Special Warranty Deed
$920,000 · Adams Bank & Trust
Jun 6, 2017
—
338 Main LLC
—
Deed
related
$14,695 · Premier Members FCU
Aug 4, 2006
—
338 Main LLC
Gutierrez,mary R
Quit Claim Deed
related
—
Apr 21, 2005
$200,100
Joseph Racheli
Energy Resources Technology La
Warranty Deed
$175,000 · Energy Resources Technology La
—
—
Joseph Racheli
—
Deed Of Trust
related
$133,154 · Energy Rsrcs Technology Land I
—
—
338 Main LLC
—
Deed Of Trust
related
$102,445 · Private Individual
—
—
338 Main LLC
—
Loan Modification
related
$14,695 · Premier Members FCU
—
—
Angel Oak Kinship LLC
—
Loan Modification
related
$1,050,000 · Adams Bk&tr
—
—
Angel Oak Kinship LLC
—
Loan Modification
related
$1,050,000 · Adams Bk&tr
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 338 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
