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Property profile & analytics
OFF-MARKET
Estimated value
$3,075,000
Specialty properties
5495 Arapahoe Ave Boulder, CO 80303-1260
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US13-2818174
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
1982
Construction
BRICK
Total area
58,305 SF
Lot
2.68 ac (116,610 SF)
Zoning code
2120
APN
1463-28-0-07-007
UPID
US13-2818174
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
-
Endocrinology Associates of BCH - Boulder Physician
-
University of Colorado OB-GYN - Boulder Medical Clinic
-
UCHealth Physical Therapy and Rehabilitation Clinic - Boulder Medical Clinic
-
UCH-Boulder Medical Clinic
-
UCHealth Sue Anschutz-Rodgers Eye Center - Boulder Ophthalmologist Ophthalmology Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.08M
Owner & transaction history
Jesheperd Family Lllp · 4 yrs held
Jesheperd Family Lllp
since 2021
7 recorded transactions
Zoning & alternative use
2120 · Boulder, CO
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 Boulder submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Boulder 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
Alternative Use
Use
Estimation
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS
$4,590,000
Current use
Blend value · Realmo final
$3.08M
Range $2.77M – $3.38M · ±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
$53 / 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
$159,527
Tax year 2023
Assessed value
$5,441,895
Assessed 2023
Previous assessed
$4,980,750
+9.3% YoY
Effective rate
2.93%
On assessed value
Assessed land
$944,527
Assessed improvement
$4,497,368
Land market value
$3,385,400
Improvement market value
$16,119,600
Total market value
$19,505,000
Applied tax rate
10.0000
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
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
1982
Construction
BRICK
Heating
ZONE
Cooling
YES
Stories
2
Total area
58,305 SF
Lot
2.68 ac (116,610 SF)
Zoning code
2120
APN
1463-28-0-07-007
UPID
US13-2818174
Jurisdiction
BOULDER
Zoning & alternative use
2120 · Boulder, COZoning 2120 · permitted uses
2120 · Boulder, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
municipal code
Alternative use value scenarios
Repositioning upside vs current use
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
Est. value
$4.6M
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
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
1982
Construction
BRICK
Heating
ZONE
Cooling
Yes
Stories
2
Lot
2.68 ac
Current owner
From public records · entity-resolved
Jesheperd Family Lllp
Entity
Mailing address
4824 BRIAR RDG CT, BOULDER, CO 80301-3901
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 9, 2021
—
Jesheperd Family Lllp
Joan E Shepherd
Special Warranty Deed
—
Apr 8, 2019
$21,250,000
Joan E Shepherd
Reynolds Exchange LLC
Grant Deed
—
Oct 23, 2017
$21,250,000
Reynolds Exchange LLC
Doctus Partners LLC
Special Warranty Deed
$15,000 · First National Bank Of Omaha
Jun 30, 2017
—
Doctus Partners LLC
—
Deed
related
$1,000,000 · Sunflower Bk
Dec 30, 2014
$5,500,000
Doctus Partners LLC
Premier Members FCU
Trustees Deed
$3,672,500 · Firstbank
Jul 19, 2013
$4,500,000
Premier Members FCU
Bock Of Farone LLC
Grant Deed
—
May 23, 2006
$6,100,000
Bock Of Farone LLC
Premier Members FCU
Trustees Deed
$4,600,000 · National Life Insurance
—
—
Doctus Partners LLC
—
Deed Of Trust
related
$12,000,000 · Sunflower Bk
—
—
Doctus Partners LLC
—
Deed Of Trust
related
$1,000,000 · Sunflower Bk
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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