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Property profile & analytics
OFF-MARKET
Estimated value
$1,230,000
Commercial land
4884 Larimer Pkwy 100 Johnstown, CO 80534-9012
Entity Owned
4-yr Hold
Free & Clear
Property ID
US13-0605687
Property summary
AI-generated overview
Johnstown Plaza offers exceptional retail space in a brand-new, 2024-constructed building at 4884 Larimer Pkwy, Johnstown, CO 80534. Located in Larimer County, this prime retail location provides units ranging from a minimum of 1,600 square feet to a maximum contiguous space of 5,600 square feet, perfect for multiple tenants or a single large-scale operation. The property is ideal for restaurants and shops seeking high visibility and strong foot traffic. This development boasts a thriving environment alongside established national brands, ensuring a robust and supportive business community. The area experiences a growing population and high traffic counts, presenting a significant opportunity for businesses to thrive. The flexible space allows for customization to suit various retail concepts. This is a rare chance to secure a space in a newly built, high-traffic retail center in a rapidly developing area of Johnstown, Colorado. Contact us today to learn more about leasing opportunities and secure your ideal space within Johnstown Plaza.
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
1.36 ac (59,459 SF)
APN
85142-33-001
UPID
US13-0605687
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
$1.20M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.23M
Owner & transaction history
Johnstown 3425 LLC · 4 yrs held
Johnstown 3425 LLC
since 2022
Last sale
$1.3M
2 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 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
$1,195,000
ML approach
$1,195,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.23M
Range $1.11M – $1.35M · ±10% · vs last sale $1.27M (Mar 4 2022)
Last sale anchor
$1.27M
Mar 4 2022
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
—
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
$37,898
Tax year 2023
Assessed value
$309,272
Assessed 2023
Previous assessed
$321,465
-3.8% YoY
Effective rate
12.25%
On assessed value
Assessed land
$309,272
Land market value
$1,108,500
Total market value
$1,108,500
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
1.36 ac (59,459 SF)
APN
85142-33-001
UPID
US13-0605687
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
Building & site characteristics
From public records
Heating
NONE
Lot
1.36 ac
Current owner
From public records · entity-resolved
Johnstown 3425 LLC
Entity
Free & Clear · 4 yrs held
Mailing address
3000 DUNDEE RD #4000, NORTHBROOK, IL 60062-2422
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 4, 2022
$1,265,000
Johnstown 3425 LLC
Spirit Hospitality LLC
Special Warranty Deed
—
—
—
Spirit Hospitality LLC
—
Deed Of Trust
related
$1,225,000 · Adams Bk&tr
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
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