New search
Property profile & analytics
OFF-MARKET
Estimated value
$3,300,000
Medical Office Space
380 Empire Rd Lafayette, CO 80026-2677
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US13-2838104
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2005
Construction
TYPE NOT SPECIFIED
Total area
17,280 SF
Lot
0.76 ac (33,236 SF)
Zoning code
2120
APN
1575-15-1-64-002
UPID
US13-2838104
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
-
Hundley John P Employment Agency
-
Sports Chiropractic Alternative Medicine Practice
-
Jessica Slaven Physician
-
Carol Caudill Physician
-
Colorado Healthy Sleep Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.29M
CAP Approach
CAP
$3.06M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.30M
Owner & transaction history
Aperture Properties LLC · 2 yrs held
Aperture Properties LLC
since 2023
Last sale
$3.5M
7 recorded transactions
Zoning & alternative use
2120 · Lafayette, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$3.8M
+166.1%
Office building
$3.7M
+159.3%
Commercial (general)
$2.4M
+65.9%
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 Lafayette submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lafayette 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
$3,160,000
ML approach
$3,290,000
CAP Approach
CAP Return
Estimation
6%
$3,315,000
6.5%
$3,060,000
7%
$2,840,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$3,795,000
Change: +166% · Conversion: Moderate
OFFICE BUILDING
$3,695,000
Change: +159% · Conversion: Easy
COMMERCIAL (GENERAL)
$2,365,000
Change: +66% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,075,000
Change: +45% · Conversion: Difficult
RETAIL STORES
$2,055,000
Change: +44% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,980,000
Change: +39% · Conversion: Difficult
Blend value · Realmo final
$3.30M
Range $2.97M – $3.63M · ±10% · vs last sale $3.50M (Sep 18 2023)
Last sale anchor
$3.50M
Sep 18 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
$191 / 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
$106,618
Tax year 2023
Assessed value
$1,232,539
Assessed 2023
Previous assessed
$1,154,783
+6.7% YoY
Effective rate
8.65%
On assessed value
Assessed land
$214,105
Assessed improvement
$1,018,434
Land market value
$767,400
Improvement market value
$3,650,300
Total market value
$4,417,700
Applied tax rate
110.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2005
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
AC.PACKAGE
Stories
2
Total area
17,280 SF
Lot
0.76 ac (33,236 SF)
Zoning code
2120
APN
1575-15-1-64-002
UPID
US13-2838104
Jurisdiction
BOULDER
Zoning & alternative use
2120 · Lafayette, CO
Zoning 2120 · permitted uses
2120 · Lafayette, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lafayette. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.8M
OFFICE BUILDING
Est. value
$3.7M
COMMERCIAL (GENERAL)
Est. value
$2.4M
AUTO REPAIR, GARAGE
Est. value
$2.1M
RETAIL STORES
Est. value
$2.1M
WAREHOUSE, STORAGE
Est. value
$2.0M
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
WAREHOUSE, STORAGE
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
2005
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
2
Lot
0.76 ac
Current owner
From public records · entity-resolved
Aperture Properties LLC
Entity
Mailing address
377 ELK TRL, LAFAYETTE, CO 80026-9055
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 18, 2023
$3,500,000
Aperture Properties LLC
Algil Holding Associates LLC
Special Warranty Deed
$2,975,000 · The Huntington National Bank
Oct 11, 2010
$5,400,000
Algil Holding Associates LLC
South Pointe Property Mgmt LLC
Grant Deed
$3,400,000 · Columbian Mutual Life Ins
Jun 5, 2007
$3,000,000
South Pointe Property Mgmt LLC
Double R Corp
Warranty Deed
$3,440,000 · Colorado Capital Bank
Mar 21, 2007
—
Double R Corp
Kellum Willie D Trust
Quit Claim Deed
related
—
Sep 26, 2006
—
Double R Corp
Rgh Ents
Grant Deed
—
Feb 9, 2005
—
Double R Corp
Rgh Ents
Warranty Deed
—
Oct 8, 2004
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
—
—
South Pointe Property Mgmt LLC
—
Deed Of Trust
related
$290,000 · Colorado Capital Bank
—
—
South Pointe Property Mgmt LLC
—
Deed Of Trust
related
$3,270,000 · Mutual Of Omaha Bank
—
—
Kim Yanke
—
Deed Of Trust
related
$80,000 · Cary Ambraziunas
—
—
South Pointe Property Mgmt LLC
—
Deed Of Trust
related
$235,000 · Colorado Capital Bank
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 380 Empire Rd?
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.
