Entity Owned Property summary
AI-generated overview
The property is a first-level office suite configuration within a professionally managed office park in Boulder, providing light-filled indoor workspaces with convenient access to the city. The layout includes suites with private outdoor patio space and interior office rooms, waiting or reception area, and provisions for office use. Suite 104 comprises two separate offices, a waiting room, and a private patio accessible via sliding doors. Suite 105 includes three offices and features a fireplace as well as a patio. The total available office space is 941 square feet.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1980
Construction
WOOD
Total area
11,370 SF
Lot
0.86 ac (37,331 SF)
Zoning code
2120
APN
1463-20-1-06-003
UPID
US13-0730042
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Physician Medical Clinic
-
Physician Medical Clinic
-
Physician Medical Clinic
-
Physician
-
Insurance Agency
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.20M
CAP Approach
CAP
$2.63M
Comparable Approach
Comparable
$1.54M
Blend (final)
Blend
$2.20M
Owner & transaction history
since 2024
Last sale
$2.2M
3 recorded transactions
Zoning & alternative use
2120 · Boulder, CO
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 6 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$2.20M
Value range
$1.98M – $2.42M
±10% around blend
Estimated value / SF
$193 / SF
Confidence
High
6 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
60
$1.98M
blend $2.20M
$2.42M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
11,370 SF
Lot area
0.86 ac
Year built
1980
Stories
2
APN
1463-20-1-06-003
Zoning
2120
Assessed value
$920,784
Annual tax
$78,795
3
Income approach: direct capitalization
Partial preview
Income approach indication
$2.63M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$2.84M
@ 6.5% CAP return
$2.63M
@ 7% CAP return
$2.44M
4
Sales comparison
Partial preview
Sales approach indication
$2.19M
Weighted, 6 comps · high confidence
Evidence
6 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
3.9 mi away · 9,188 SF
6.7 mi away · 11,282 SF
15.3 mi away · 12,843 SF
15.9 mi away · 10,047 SF
23.7 mi away · 9,703 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.20M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 36 sales
$442
-56%
Submarket 63 sales
$555
-65%
County 120 sales
$450
-57%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $193/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 6 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
Implied cap rate
7.70%
Implied, in-place cap rate for this office buildings
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 7.70%
9.0%
NOI (est.)
$154k *
Last sale · Nov 2024
$2.20M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.00M
Move the market yield to see immediate price impact.
Value / SF
$176
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
7.20%7.70%8.20%
$139k
$1.92M
$1.80M
$1.69M
$154k
$2.14M
$2.00M
$1.88M
$169k
$2.35M
$2.20M
$2.07M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
6 found
High confidence · county-verified
Closest comparable
$1.45M
3.3 mi · Sep 2025 · $110/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$78,795
Tax year 2023
Assessed value
$920,784
Assessed 2023
Previous assessed
$595,950
+54.5% YoY
Effective rate
8.56%
On assessed value
Assessed land
$634,307
Assessed improvement
$286,477
Land market value
$2,273,500
Improvement market value
$1,026,800
Total market value
$3,300,300
Applied tax rate
10.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1980
Construction
WOOD
Heating
YES
Cooling
YES
Stories
2
Total area
11,370 SF
Lot
0.86 ac (37,331 SF)
Zoning code
2120
APN
1463-20-1-06-003
UPID
US13-0730042
Jurisdiction
BOULDER
Zoning & alternative use
2120 · Boulder, COZoning 2120 · permitted uses
2120 · Boulder, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1980
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Lot
0.86 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
2120
Jurisdiction
Boulder, CO
Recorded code
2120
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 2120 in Boulder, CO.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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