Property profile

385 S Pierce Ave Louisville, CO 80027

FOR LEASE
Other industrial properties
Saved · see the list in your Dashboard
Property ID
US13-0971101
43,935 SF 2.36 ac Built 1988
Last sale May 2022·$8,750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property consists of flex/warehouse industrial space in the Colorado Tech Center, configured with wide-open floor plans suitable for combined workspace and storage uses. It includes Unit C, which features two drive-in overhead doors, and Unit F, which features one drive-in overhead door; both units provide approximately 16-foot clear height. The site is located in southeast Louisville, offering access to major routes including the Northwest Parkway, U.S. 287, and U.S. 36, and the overall…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$199k
Tax billed · 2023
Assessed value$2.24M
Assessed land$432k
Assessed improvement$1.80M
Effective rate8.89%

Value estimate

· Nov 2026
$7.95M
$7.15M – $8.74M
AI approach$8.42M
Submarket $/SF estimate$7.94M
NOI build-up
Gross scheduled income$207k
Vacancy & credit loss−$8k
Operating expenses−$60k
NOI · 928,566.67% cap applied$139k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$208/SF
ZIP average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$163 – $273

Cap rate analysis

How does the asset earn?
928,566.67%
$139k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
3115
JurisdictionBOULDER

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office9.1
Convenience Store8.5
Carpet & Flooring Store8.3

Location

385 S Pierce Ave Louisville, CO 80027
County assessor Recorded deeds · 10 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
765 Pierce, Louisville, CO 80027-3023 $4,700,000 Jul 2025 31,817 SF
1797 Boxelder, Louisville, CO 80027-3009 $5,720,000 Jan 2025 28,431 SF
246 Taylor, Louisville, CO 80027-3602 $7,746,000 Jun 2023 39,575 SF
101 Taylor, Louisville, CO 80027-3025 $14,940,300 Dec 2022 56,054 SF
2051 Dogwood, Louisville, CO 80027-3042 $7,150,000 Sep 2022 41,501 SF
1850 Dogwood, Louisville, CO 80027-3079 $12,750,000 Feb 2022 32,800 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
Why this one?
Saved