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Property profile & analytics
OFF-MARKET
Estimated value
$9,575,000
Residential income homes
470 Martin St Longmont, CO 80501-5948
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US13-1901349
Property profile
Verified
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Year built
2019
Construction
FRAME
Total area
69,648 SF
Lot
2.25 ac (98,010 SF)
APN
1315-11-2-01-001
UPID
US13-1901349
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
-
Hilton Garden Inn Longmont Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.97M
Blend (final)
Blend
$9.58M
Owner & transaction history
Longmont Harvest Jct Hospitali · 9 yrs held
Longmont Harvest Jct Hospitali
since 2016
6 recorded transactions
Zoning & alternative use
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 Longmont submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Longmont 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$9.58M
Range $8.62M – $10.53M · ±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
$137 / 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
$574,398
Tax year 2023
Assessed value
$3,906,000
Assessed 2023
Previous assessed
$2,958,000
+32.0% YoY
Effective rate
14.71%
On assessed value
Assessed land
$287,370
Assessed improvement
$3,618,630
Land market value
$1,030,000
Improvement market value
$12,970,000
Total market value
$14,000,000
Applied tax rate
692.0000
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
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Status
Off-Market
Year built
2019
Construction
FRAME
Heating
ZONE
Cooling
YES
Stories
4
Rooms
105
Total area
69,648 SF
Lot
2.25 ac (98,010 SF)
APN
1315-11-2-01-001
UPID
US13-1901349
Jurisdiction
BOULDER
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2019
Construction
FRAME
Heating
ZONE
Cooling
Yes
Stories
4
Rooms
105
Lot
2.25 ac
Current owner
From public records · entity-resolved
Longmont Harvest Jct Hospitali
Individual
Mailing address
2451 E RANDOL ML RD, ARLINGTON, TX 76011-6334
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 29, 2020
—
Llclongmont Harvest Junction Hospit
—
Deed
related
$152,500 · Adams Bank & Trust
Oct 19, 2020
—
Adams Bank & Trust
—
Deed
related
$11,525,000 · Longmont Harvest Junction Hosp
May 27, 2020
—
Longmont Harvest Junction Hosp
—
Deed
related
$11,525,000 · Adams Bk&tr
Dec 21, 2016
$1,000,000
Longmont Harvest Jct Hospitali
Ramco Harvest Junction LLC
Grant Deed
$9,744,000 · Adams Bk&tr
—
—
Longmont Harvest Junction Hosp
—
Loan Modification
related
$11,525,000 · Adams Bk&tr
—
—
Adams Bank & Trust
—
Deed Of Trust
related
$11,525,000 · Longmont Harvest Junction Hosp
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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