New search
Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Office buildings
4750 Larimer Pkwy Johnstown, CO 80534-8912
Entity Owned
6-yr Hold
Free & Clear
Property ID
US13-2486940
Property summary
AI-generated overview
This exceptional 915-square-foot office space is immediately available within a larger 6,000-square-foot, two-story building constructed in 2019. Located at 4750 Larimer Pkwy, Johnstown, CO 80534, this property boasts a highly functional layout, perfect for a variety of professional uses. The suite features three private offices and a convenient kitchenette, providing ample space for both individual work and collaborative efforts. High-end finishes throughout create a sophisticated and professional atmosphere, complemented by abundant natural light. The building offers convenient elevator access. This traditional office space is also well-suited for executive, creative, or medical office needs. Its location in Larimer County provides easy access to nearby Fort Collins, Loveland, and Greeley, making it an ideal location for businesses seeking a strong regional presence. The minimum divisible space is 915 square feet, making it an excellent option for businesses of various sizes. This is a multi-tenant building.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2019
Total area
2,366 SF
Lot
0.2 ac (8,886 SF)
APN
85142-40-201
UPID
US13-2486940
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
$600k
CAP Approach
CAP
$550k
Comparable Approach
Comparable
$662k
Blend (final)
Blend
$625k
Owner & transaction history
Wagner Real Estate Holdings LLC · 6 yrs held
Wagner Real Estate Holdings LLC
since 2020
Last sale
$676,605
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$730,000
+32.4%
Retail stores
$625,000
+13.0%
Auto repair, garage
$565,000
+2.0%
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
$585,000
ML approach
$600,000
CAP Approach
CAP Return
Estimation
6%
$595,000
6.5%
$550,000
7%
$510,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$550,000
Current use
MEDICAL BUILDING
$730,000
Change: +32% · Conversion: Easy
RETAIL STORES
$625,000
Change: +13% · Conversion: Moderate
AUTO REPAIR, GARAGE
$565,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$625k
Range $563k – $688k · ±10% · vs last sale $677k (May 20 2020)
Last sale anchor
$677k
May 20 2020
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
$264 / 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
$22,086
Tax year 2023
Assessed value
$188,604
Assessed 2023
Previous assessed
$195,750
-3.7% YoY
Effective rate
11.71%
On assessed value
Assessed land
$44,696
Assessed improvement
$143,908
Land market value
$160,200
Improvement market value
$515,800
Total market value
$676,000
Applied tax rate
2,804.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2019
Heating
NONE
Cooling
AC.PACKAGE
Stories
2
Total area
2,366 SF
Lot
0.2 ac (8,886 SF)
APN
85142-40-201
UPID
US13-2486940
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
OFFICE BUILDING Current
Est. value
$550,000
MEDICAL BUILDING
Est. value
$730,000
RETAIL STORES
Est. value
$625,000
AUTO REPAIR, GARAGE
Est. value
$565,000
OFFICE BUILDING Current
MEDICAL BUILDING
RETAIL STORES
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
2019
Heating
NONE
Cooling
Yes
Stories
2
Lot
0.2 ac
Current owner
From public records · entity-resolved
Wagner Real Estate Holdings LLC
Entity
Free & Clear · 6 yrs held
Mailing address
401 EVANS DR, FORT COLLINS, CO 80524-9526
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 20, 2020
$676,605
Wagner Real Estate Holdings LLC
Parkway Development LLC
Special Warranty Deed
—
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 4750 Larimer Pkwy?
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.
