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Property profile & analytics
OFF-MARKET
Estimated value
$965,000
Industrial properties
525 Courtney Way Lafayette, CO 80026-2992
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US13-0072342
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1994
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,780 SF
Lot
0.69 ac (29,969 SF)
Zoning code
3115
APN
1575-10-1-35-001
UPID
US13-0072342
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
-
Dog House Music Studios Recording Studio
-
The End Lafayette Music Venue Bar & Pub
-
Rock for the People Charitable Organization Social Service Agency
-
Tier Two Live Music Venue Bar & Pub
-
DrumTime Colorado Tutoring Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.27M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$965k
Owner & transaction history
Casa De Perro LLC · 7 yrs held
Casa De Perro LLC
since 2019
7 recorded transactions
Zoning & alternative use
3115 · Lafayette, CO
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 Lafayette submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lafayette 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%
$1,370,000
6.5%
$1,265,000
7%
$1,175,000
Blend value · Realmo final
$965k
Range $869k – $1.06M · ±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
$142 / 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
$37,785
Tax year 2023
Assessed value
$433,846
Assessed 2023
Previous assessed
$318,768
+36.1% YoY
Effective rate
8.71%
On assessed value
Assessed land
$201,299
Assessed improvement
$232,547
Land market value
$721,500
Improvement market value
$833,500
Total market value
$1,555,000
Applied tax rate
110.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1994
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
6,780 SF
Lot
0.69 ac (29,969 SF)
Zoning code
3115
APN
1575-10-1-35-001
UPID
US13-0072342
Jurisdiction
BOULDER
Zoning & alternative use
3115 · Lafayette, CO
Zoning 3115 · permitted uses
3115 · Lafayette, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lafayette. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1994
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Lot
0.69 ac
Current owner
From public records · entity-resolved
Casa De Perro LLC
Entity
Mailing address
1633 4TH ST APT C, BOULDER, CO 80302-5839
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 28, 2025
—
Casa De Perro LLC
—
Deed
related
$966,000 · Waterfall Bank
Apr 29, 2019
$1,555,000
Casa De Perro LLC
525 Courtney LLC
Warranty Deed
$1,113,500 · Independent Bank
Dec 18, 2018
$1,299,900
525 Courtney LLC
D & G Music LLC
Special Warranty Deed
$975,000 · Guaranty Bank & Trust Co
Oct 26, 2017
—
D & G Music LLC
—
Trustees Deed
related
$31,000 · Michelle R Gipson
—
—
D & G Music LLC
—
Deed Of Trust
related
$711,000 · Firstier Bank NA
—
—
D & G Music LLC
—
Deed Of Trust
related
$397,250 · Pueblo Bank & Trust Co
—
—
D & G Music LLC
—
Deed Of Trust
related
$405,000 · Denver Urban Economic Dev Corp
—
—
D & G Music LLC
—
Deed Of Trust
related
$567,500 · Pueblo Bank & Trust Co
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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