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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4832 Thompson Pkwy Johnstown, CO 80534-6424

    • Outlet malls
    • 50,627 SF
    • 1.33 lot acres
    OFF-MARKET
    Last Sale
    Apr 12, 2021
    $8,900,000
    Value Estimations
    $8,340,000
    Show details
    Cap Rate Potential
    5.6%
    Outlet malls
    Location Intelligence
    Property ID
    US13-0096869
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Outlet malls

    Property Details for 4832 Thompson Pkwy

    Year built
    2016
    Lot size
    1.33 lot acres
    Property size
    50,627 SF
    Property type
    Outlet malls
    APN
    85142-41-008
    APU
    8514241008

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $7,925,000
      ML approach
      $8,550,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $7,385,000
      6.5%
      $6,815,000
      7%
      $6,330,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $7,427,000
      Market price range: $2.18M - $8.35M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $10,630,000
      Current use
      AUTO REPAIR, GARAGE
      $13,255,000
      Change: +25% Conversion: Difficult
      OFFICE BUILDING
      $9,960,000
      Change: -6% Conversion: Easy
      INDUSTRIAL (GENERAL)
      $9,015,000
      Change: -15% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Johnstown
    County
    Larimer
    State
    Colorado
    Longitude
    -104.982
    Latitude
    40.4041
    CBSA code
    22660
    CBSA name
    FORT COLLINS-LOVELAND, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $333,991
    $161,234
    $2,349,766
    $2,511,000
    -
    $577,900
    $8,422,100
    $9,000,000

    Comparable in this City

    • Value Estimation
      $25,020,000
      222,973 SF

      4755 Ronald Reagan Blvd

      WHOLESALE OUTLET, DISCOUNT STORE • 222,973 SF
      4755 Ronald Reagan Blvd, Johnstown, CO 80534-6506
      View Details
    • Value Estimation
      $17,815,000
      129,300 SF

      4777 Marketplace Dr

      WHOLESALE OUTLET, DISCOUNT STORE • 129,300 SF
      4777 Marketplace Dr, Johnstown, CO 80534-4190
      View Details
    • Value Estimation
      $6,230,000
      14,091 SF

      4849 Thompson Pkwy

      SHOPPING CENTER, STRIP CENTER • 14,091 SF
      4849 Thompson Pkwy, Johnstown, CO 80534
      View Details
    • Value Estimation by Request
      8,354 SF

      4950 Thompson Pkwy

      SHOPPING CENTER, STRIP CENTER • 8,354 SF
      4950 Thompson Pkwy, Johnstown, CO 80534-6425
      View Details
    • Value Estimation
      $1,045,000
      24,856 SF

      4862 Thompson Pkwy

      SHOPPING CENTER, STRIP CENTER • 24,856 SF
      4862 Thompson Pkwy, Johnstown, CO 80534-6424
      View Details
    • Value Estimation by Request
      7,108 SF

      4930 Thompson Pkwy

      SHOPPING CENTER, STRIP CENTER • 7,108 SF
      4930 Thompson Pkwy, Johnstown, CO 80534
      View Details

    Similar Nearby for Sale

    • $9,485,000
      13,100 SF

      Class A Retail Center

      Premier multi-tenant retail center in Northern Colorado for sale.
      4884 Larimer Pkwy, Johnstown, CO 80534
      View Details
    • $5,800,000
      27,856 SF

      Johnstown Center: Prime Investment

      Colorado Shopping Center, High Occupancy
      257 Johnstown Center Dr, Johnstown, CO 80534
      View Details
    • $5,950,000

      Restaurant Opportunity Near I-25

      Turnkey restaurant or redevelopment opportunity near I-25 and Highway 34.
      4801 Thompson Pkwy, Johnstown, CO 80534
      View Details
    • $280,000
      750 SF

      Downtown Johnstown Retail Building

      Retail building ideal for coffee shop, bakery, or tea room.
      116 W Charlotte St, Johnstown, CO 80534
      View Details
    • Contact for pricing
      4.42 Acres

      North Ridge Commercial Land

      Johnstown, CO: Prime I-25 location
      0 Nec Of I-25 & Hwy 402, Johnstown, CO 80534
      View Details
    • $1,850,000

      8,192 SF Building For Sale

      8,192 SF building with four garages in Johnstown, CO.
      County Road 56, Johnstown, CO 80534
      View Details

    Similar Nearby for Lease

    • $24 SF/Yr
      906 SF

      Prime Retail Space in Johnstown

      906 SF retail space with high visibility in Johnstown.
      4828-4836 Larimer Pkwy, Johnstown, CO 80534
      View Details
    • $30 SF/Yr
      906 SF

      Prime Retail Space in Johnstown

      906 SF retail space off Highway 34 in Johnstown, CO.
      4810 Larimer Pkwy, Johnstown, CO 80534
      View Details
    • $23 SF/Yr
      2,360 SF

      Retail Space Near Busiest Intersection

      Retail space available near a high-traffic intersection in Johnstown, CO.
      4857 Thompson Pkwy, Johnstown, CO 80534
      View Details
    • $12 SF/Yr
      75,600 SF

      North Ridge Industrial Flex Space

      Johnstown, CO industrial flex space available
      0 Tbd Johnstown Co, Johnstown, CO 80534
      View Details
    • $7 SF/Yr
      22,800 SF

      High-Bay Warehouse Space Available

      Temperature-controlled warehouse space in a central Northern Colorado location.
      4200 Ronald Reagan Blvd, Johnstown, CO 80534
      View Details
    • $17 SF/Yr
      9,826 SF

      Ridgeview Office Condos: Johnstown, CO

      Modern Office Suites, Mountain Views
      5255 Ronald Reagan Blvd, Johnstown, CO 80534
      View Details
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    Johnstown, CO 80534-6424
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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