3985 Wonderland Hl Ave Boulder, CO 80304-1038
Individually Owned
3-yr Hold
~
Est. High Equity
Estimated value (blended)
$395k
Range $356k – $435k (±10%)
Property ID
US13-1175164
Property summary
AI-generated overview
This exceptional 4,742 square foot Class B office building, constructed in 1979, is ideally situated in North Boulder at 3985 Wonderland Hill Ave, 80304. The two-story building offers multiple tenancies, with one 150 sq ft space currently available. The property boasts eight convenient on-site parking spaces, supplemented by ample street parking. Natural light floods the interior thanks to large windows and skylights. Enjoy outdoor space with the building's outside decks and patio area. The building features a fully remodeled common area kitchen and restrooms, ensuring a comfortable and modern workspace. The first floor includes a vaulted entry/reception area perfect for client waiting. The second floor comprises a large reception/office area and two individual offices. Climate control is provided by central A/C and gas-fired forced air heat. This property presents a fantastic opportunity for businesses seeking a well-maintained and conveniently located office space in Boulder County, Colorado.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1979
Construction
WOOD
Total area
4,742 SF
Lot
0.24 ac (10,280 SF)
Zoning code
2120
APN
1461-13-4-09-048
UPID
US13-1175164
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Employment Agency Business Service Center
-
Alternative Medicine Practice Acupuncture
-
Hair Salon
-
Counselor Psychotherapist
-
Medical Clinic Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.10M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$395k
Owner & transaction history
since 2022
4 recorded transactions
Zoning & alternative use
2120 · Boulder, CO
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 12 comparables with addresses
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$395k
Value range
$356k – $435k
±10% around blend
Estimated value / SF
$83 / SF
Confidence
High
12 county-verified comps
Property data
88
Market benchmarks
67
Comparable evidence
100
$356k
blend $395k
$435k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
4,742 SF
Lot area
0.24 ac
Year built
1979
Stories
2
APN
1461-13-4-09-048
Assessed value
$348,750
Annual tax
$29,395
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.10M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.19M
@ 6.5% CAP return
$1.10M
@ 7% CAP return
$1.02M
4
Sales comparison
Partial preview
Sales approach indication
$1.65M
Weighted, 12 comps · high confidence
Evidence
12 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
4.0 mi away · 5,629 SF
17.9 mi away · 5,106 SF
19.2 mi away · 3,709 SF
19.2 mi away · 3,709 SF
19.4 mi away · 5,493 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$395k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 63 sales
$555
-85%
County 120 sales
$450
-82%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $83/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 12 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$349k
Move the market yield to see immediate price impact.
Value / SF
$74
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$22k
$439k
$314k
$244k
$24k
$488k
$349k
$271k
$27k
$537k
$384k
$298k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
12 found
High confidence · county-verified
Closest comparable
$2.00M
2.0 mi · Dec 2025 · $466/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$29,395
Tax year 2023
Assessed value
$348,750
Assessed 2023
Previous assessed
$289,420
+20.5% YoY
Effective rate
8.43%
On assessed value
Assessed land
$268,789
Assessed improvement
$79,961
Land market value
$963,400
Improvement market value
$286,600
Total market value
$1,250,000
Applied tax rate
10.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1979
Construction
WOOD
Heating
YES
Cooling
AC.PACKAGE
Stories
2
Total area
4,742 SF
Lot
0.24 ac (10,280 SF)
Zoning code
2120
APN
1461-13-4-09-048
UPID
US13-1175164
Jurisdiction
BOULDER
Zoning & alternative use
2120 · Boulder, COZoning 2120 · permitted uses
2120 · Boulder, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1979
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Lot
0.24 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
2120
Jurisdiction
Boulder, CO
Recorded code
2120
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 2120 in Boulder, CO.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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