New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,745,000
Showrooms
3850 Frontage Rd Johnstown, CO 80534-8740
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US13-1025627
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2017
Construction
STEEL FRAME
Total area
14,577 SF
Lot
1.52 ac (66,298 SF)
APN
85350-00-009
UPID
US13-1025627
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
$1.78M
Comparable Approach
Comparable
$1.72M
Blend (final)
Blend
$1.75M
Owner & transaction history
Stean LLC · 9 yrs held
Stean LLC
since 2017
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.4M
+63.0%
Industrial (general)
$2.2M
+50.9%
Apartment house (5+ units)
$1.9M
+26.2%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,925,000
6.5%
$1,775,000
7%
$1,650,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,485,000
Current use
OFFICE BUILDING
$2,420,000
Change: +63% · Conversion: Easy
INDUSTRIAL (GENERAL)
$2,240,000
Change: +51% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$1,875,000
Change: +26% · Conversion: Moderate
RETAIL STORES
$1,710,000
Change: +15% · Conversion: Easy
RESTAURANT
$1,685,000
Change: +14% · Conversion: Difficult
MEDICAL BUILDING
$1,500,000
Change: +1% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,470,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$1.75M
Range $1.57M – $1.92M · ±10%
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
$120 / 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
$42,100
Tax year 2023
Assessed value
$544,050
Assessed 2023
Previous assessed
$551,029
-1.3% YoY
Effective rate
7.74%
On assessed value
Assessed land
$54,210
Assessed improvement
$489,840
Land market value
$194,300
Improvement market value
$1,755,700
Total market value
$1,950,000
Applied tax rate
20,019.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
2017
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
2
Units
1
Rooms
1
Bathrooms
1
Total area
14,577 SF
Lot
1.52 ac (66,298 SF)
APN
85350-00-009
UPID
US13-1025627
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
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.5M
OFFICE BUILDING
Est. value
$2.4M
INDUSTRIAL (GENERAL)
Est. value
$2.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.9M
RETAIL STORES
Est. value
$1.7M
RESTAURANT
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.5M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
INDUSTRIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
RESTAURANT
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
2017
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
2
Units
1
Rooms
1
Bathrooms
1
Lot
1.52 ac
Current owner
From public records · entity-resolved
Stean LLC
Entity
Mailing address
3293 PADDY LN, LOVELAND, CO 80537-8795
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 27, 2018
—
Stean LLC
—
Deed
related
$1,271,793 · Jp Morgan Chase Bk
Nov 26, 2018
—
Stean LLC
—
Deed
related
$939,000 · Colorado Lndg Source
Feb 28, 2017
—
Stean LLC
Smith,thomas T & Nancy R
Quit Claim Deed
related
$1,171,803 · Jp Morgan Chase Bk
Dec 22, 1998
$800,000
Thomas T Smith
Farmer,freda
Grant Deed
$727,000 · Seller
—
—
Stean LLC
—
Deed Of Trust
related
$939,000 · Colorado Lndg Source
—
—
Stean LLC
—
Deed Of Trust
related
$1,271,793 · Jp Morgan Chase Bk
—
—
Stean LLC
—
Deed Of Trust
related
$100,000 · Jp Morgan Chase Bk
—
—
Thomas T Smith
—
Deed Of Trust
related
$100,000 · J P Morgan Chase Bank
—
—
Thomas T Smith
—
Deed Of Trust
related
$57,603 · Individual
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 3850 Frontage 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.
