Back to Search
Property profile & analytics
OFF-MARKET
Turn key restaurants
379 Main St Longmont, CO 80501-5532
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US13-2605277
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1886
Construction
CONCRETE BLOCKS
Total area
3,000 SF
Lot
0.07 ac (2,919 SF)
Zoning code
2112
APN
1315-03-3-12-028
UPID
US13-2605277
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
-
Tangerine Restaurant
-
Tangerine - Longmont Restaurant
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
379 Branch LLC · 7 yrs held
379 Branch 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
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
$27,246
Tax year 2023
Assessed value
$265,050
Assessed 2023
Previous assessed
$197,664
+34.1% YoY
Effective rate
10.28%
On assessed value
Assessed land
$68,634
Assessed improvement
$196,416
Land market value
$246,000
Improvement market value
$704,000
Total market value
$950,000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1886
Construction
CONCRETE BLOCKS
Heating
HOT WATER
Stories
1
Total area
3,000 SF
Lot
0.07 ac (2,919 SF)
Zoning code
2112
APN
1315-03-3-12-028
UPID
US13-2605277
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
Building & site characteristics
From public records
Year built
1886
Construction
CONCRETE BLOCKS
Heating
HOT WATER
Stories
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
379 Branch LLC
Entity
Mailing address
1310 UPLAND AVE, BOULDER, CO 80304-0831
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 21, 2019
—
379 Branch LLC
—
Deed
related
$957,943 · Anb Bk
Oct 17, 2019
—
379 Branch LLC
—
Deed
related
$554,000 · Colorado Lndg Source
Apr 24, 2019
$760,000
379 Branch LLC
379 Main Street LLC
Quit Claim Deed
related
$1,628,503 · Anb Bank
Jul 11, 2018
$705,000
379 Main Street LLC
Stesus Group LLC
Warranty Deed
$528,750 · Elevations Cu
Jul 6, 2017
—
Stesus Group LLC
—
Deed
related
$351,974 · High Plains Bk
May 1, 2017
—
Stesus Group LLC
—
Deed
related
$60,905 · High Plains Bk
Dec 16, 2016
—
Stesus Group LLC
—
Trustees Deed
related
$55,773 · High Plains Bk
Feb 10, 2009
—
Stesus Group LLC
Carlson,steven & Susan
Quit Claim Deed
related
—
May 2, 2008
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Jan 30, 2008
$350,000
Steven Carlson
Duffey,john A
Warranty Deed
$297,500 · Interbay Funding LLC
—
—
379 Branch LLC
—
Deed Of Trust
related
$957,943 · Anb Bk
—
—
379 Branch LLC
—
Deed Of Trust
related
$554,000 · Colorado Lndg Source
—
—
Stesus Group LLC
—
Loan Modification
related
$60,905 · High Plains Bk
—
—
Stesus Group LLC
—
Loan Modification
related
$351,974 · High Plains Bk
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 379 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.
