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Property profile & analytics
FOR LEASE
Industrial properties
3787 Ronald Reagan Blvd Johnstown, CO 80534
Individually Owned
1-yr Hold
Free & Clear
Property ID
US13-0018405
For Lease
1 / 2
$985/Mo
3787 Ronald Reagan Blvd, Johnstown, CO 80534
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL PARK
Year built
2021
Total area
615 SF
Lot
0.04 ac (1,568 SF)
APN
85132-11-001
UPID
US13-0018405
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
David Anthony Lind · 1 yrs held
David Anthony Lind
since 2025
Last sale
$122,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,594
Tax year 2023
Assessed value
$28,514
Assessed 2023
Previous assessed
$24,070
+18.5% YoY
Effective rate
9.10%
On assessed value
Assessed land
$6,640
Assessed improvement
$21,874
Land market value
$23,800
Improvement market value
$78,400
Total market value
$102,200
Applied tax rate
2,819.0000
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 PARK
Status
For Lease
Year built
2021
Heating
RADIANT
Stories
1
Total area
615 SF
Lot
0.04 ac (1,568 SF)
APN
85132-11-001
UPID
US13-0018405
Jurisdiction
LARIMER
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2021
Heating
RADIANT
Stories
1
Lot
0.04 ac
Current owner
From public records · entity-resolved
David Anthony Lind
Individual
Free & Clear · 1 yrs held
Mailing address
3793 BRIDLE RDG CT, SEVERANCE, CO 80524-8623
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
25 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 18, 2025
$160,000
David Anthony Lind
Jdcd Property Investments LLC
Special Warranty Deed
—
Mar 21, 2025
$165,000
David Anthony Lind
Rh Holdings LLC
Special Warranty Deed
—
Nov 20, 2024
$157,000
James Mcleish Tyler
Todd R Sledge
Warranty Deed
—
Oct 20, 2023
$150,000
Valente V Avila
Todd R Sledge
Warranty Deed
$112,500 · First Bank
Oct 4, 2023
$140,000
S& E Ltd
Ryan Spencer
Special Warranty Deed
—
Apr 4, 2023
$152,500
Rowan Properties LLC
Todd Sledge
Warranty Deed
—
Mar 30, 2023
$115,000
Accuspray Of Northern Colorado LLC
Thomas M Williams
Warranty Deed
—
Mar 24, 2023
$150,000
Todd Rand
Rl Holdings LLC
Special Warranty Deed
—
Jun 24, 2022
$122,000
Keith E Belk
Lockard Development Group INC
Special Warranty Deed
—
Apr 21, 2022
$130,000
Jdcd Property Investments LLC
Lockard Development Group INC
Special Warranty Deed
—
Dec 9, 2021
$125,850
Tom Cate
Lockard Development Group INC
Special Warranty Deed
—
Nov 23, 2021
—
Ryan Spencer
—
Deed
related
$86,250 · Firstbank
Oct 15, 2021
$105,650
Todd R Sledge
Lockard Development Group INC
Special Warranty Deed
$79,237 · First Bank
Sep 22, 2021
$125,800
Walt Cate
Lockard Development Group INC
Special Warranty Deed
—
Sep 22, 2021
$105,650
Todd R Sledge
Lockard Development Group LLC
Special Warranty Deed
$79,237 · Firstbank
Sep 10, 2021
$126,000
Paul Woods
Lockard Development Group INC
Special Warranty Deed
—
Sep 9, 2021
$130,000
Jdcp Property Investments LLC
Lockard Development Group INC
Special Warranty Deed
—
Sep 8, 2021
$137,500
Paradise Acres LLC
Lockard Development Group INC
Special Warranty Deed
$110,000 · Cheyenne State Bank
Sep 7, 2021
$115,000
Ryan Spencer
Lockard Development Group INC
Special Warranty Deed
—
Sep 7, 2021
$105,650
Todd Sledge
Lockard Development Group INC
Special Warranty Deed
$79,237 · Firstbank
Sep 7, 2021
$119,000
Tyson R Garrett
Lockard Development Group INC
Special Warranty Deed
$121,373 · Bank Of Colorado
Sep 3, 2021
$115,000
Thomas M Williams
Lockard Development Group INC
Special Warranty Deed
—
Sep 3, 2021
$128,000
Christopher Michael Bendele
Lockard Development Group INC
Special Warranty Deed
—
Sep 3, 2021
$119,000
Tyson R Garrett
Lockard Development Group INC
Special Warranty Deed
—
Sep 2, 2021
$119,000
Jeremy Eng
Lockard Development Group INC
Special Warranty Deed
—
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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