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Property profile & analytics
OFF-MARKET
Estimated value
$785,000
Medical Office Space
390 Empire Rd Ste 202 Lafayette, CO 80026-2606
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US13-0502094
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
18,833 SF
Lot
0.86 ac (37,679 SF)
Zoning code
200
APN
1575-15-1-64-001
UPID
US13-0502094
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
$785k
Owner & transaction history
820 Eighth Street LLC · 7 yrs held
820 Eighth Street LLC
since 2019
7 recorded transactions
Zoning & alternative use
200 · Lafayette, CO
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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$42 / 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
$106,066
Tax year 2023
Assessed value
$1,226,205
Assessed 2023
Previous assessed
$1,226,205
+0.0% YoY
Effective rate
8.65%
On assessed value
Assessed land
$209,166
Assessed improvement
$1,017,039
Land market value
$749,700
Improvement market value
$3,645,300
Total market value
$4,395,000
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
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
AC.PACKAGE
Buildings
6
Stories
2
Total area
18,833 SF
Lot
0.86 ac (37,679 SF)
Zoning code
200
APN
1575-15-1-64-001
UPID
US13-0502094
Jurisdiction
BOULDER
Zoning & alternative use
200 · Lafayette, CO
Zoning 200 · permitted uses
200 · 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.
Building & site characteristics
From public records
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
2
Buildings
6
Lot
0.86 ac
Current owner
From public records · entity-resolved
820 Eighth Street LLC
Entity
Mailing address
390 EMPIRE RD STE #100, LAFAYETTE, CO 80026-2605
Mailing matches property
Yes
Owner-occupied
Yes
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 27, 2020
—
Eighth Empire LLC
—
Deed
related
$2,030,000 · Firstbank
May 29, 2019
$4,395,000
820 Eighth Street LLC
Empire Medical LLC
Grant Deed
$1,888,978 · Firstbank
Dec 13, 2017
—
Empire Medical LLC
—
Grant Deed
related
$2,400,000 · Midfirst Bk
Dec 24, 2012
$2,350,000
Empire Medical LLC
Russell Gerhav LLC
Grant Deed
$2,050,000 · Russell Gerhav LLC
Dec 24, 2012
—
Russell Gerhav LLC
Double R Corp
Quit Claim Deed
related
—
Jun 13, 2011
$2,690,200
Double R Corp
390 Empire LLC
Grant Deed
—
Oct 27, 2010
$2,900,000
390 Empire LLC
Double R Corp
Warranty Deed
$2,290,000 · Double R Corp
Mar 26, 2007
—
Double R Corp
Rgh Ents
Warranty Deed
—
Mar 21, 2007
—
Rgh Ents
Kellum Willie D Trust
Quit Claim Deed
related
—
Sep 26, 2006
—
Rgh Ents
Double R Corp
Quit Claim Deed
related
—
Oct 8, 2004
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Sep 29, 2004
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
—
—
Eighth Empire LLC
—
Deed Of Trust
related
$2,030,000 · Firstbank
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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