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Property profile & analytics
OFF-MARKET
Estimated value
$31,745,000
Manufacturing properties
5550 Airport Blvd Boulder, CO 80301-2340
Entity Owned
6-yr Hold
Free & Clear
Property ID
US13-0878515
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1991
Construction
CONCRETE BLOCKS
Total area
159,543 SF
Lot
20.4 ac (888,798 SF)
Zoning code
3115
APN
1463-21-0-04-007
UPID
US13-0878515
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
-
AGC Biologics Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$21.89M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$31.75M
Owner & transaction history
Agc Biologics INC · 6 yrs held
Agc Biologics INC
since 2020
Last sale
$39.7M
3 recorded transactions
Zoning & alternative use
3115 · 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
$42,045,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$23,710,000
6.5%
$21,885,000
7%
$20,320,000
Blend value · Realmo final
$31.75M
Range $28.57M – $34.92M · ±10% · vs last sale $39.74M (May 28 2020)
Last sale anchor
$39.74M
May 28 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
$199 / 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
$785,470
Tax year 2023
Assessed value
$9,095,400
Assessed 2023
Previous assessed
$5,945,000
+53.0% YoY
Effective rate
8.64%
On assessed value
Assessed land
$2,232,000
Assessed improvement
$6,863,400
Land market value
$8,000,000
Improvement market value
$24,600,000
Total market value
$32,600,000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1991
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
AC.PACKAGE
Buildings
2
Stories
3
Total area
159,543 SF
Lot
20.4 ac (888,798 SF)
Zoning code
3115
APN
1463-21-0-04-007
UPID
US13-0878515
Jurisdiction
BOULDER
Zoning & alternative use
3115 · Boulder, COZoning 3115 · permitted uses
3115 · Boulder, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
municipal code
Building & site characteristics
From public records
Year built
1991
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
3
Buildings
2
Lot
20.4 ac
Current owner
From public records · entity-resolved
Agc Biologics INC
Entity
Free & Clear · 6 yrs held
Mailing address
21511 23RD DR SE, BOTHELL, WA 98021-3900
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 28, 2020
$39,737,500
Agc Biologics INC
Astrazeneca Pharmaceuticals LP
Grant Deed
—
Feb 13, 2017
—
Astrazeneca Pharmaceuticals LP
Medimmune LLC
Grant Deed
—
Sep 9, 2015
$14,614,000
Medimmune LLC
Amgen Boulder Production Corp
Grant 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.
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