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Property profile & analytics
OFF-MARKET
Estimated value
$2,400,000
Industrial properties
6315 Monarch Park Pl Niwot, CO 80503-7193
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US13-0107165
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1997
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
16,957 SF
Lot
1.88 ac (81,893 SF)
Zoning code
3110
APN
1317-36-0-20-002
UPID
US13-0107165
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
by Request
CAP Approach
CAP
$3.16M
Comparable Approach
Comparable
$1.61M
Blend (final)
Blend
$2.40M
Owner & transaction history
Monarch Park Property LLC · 6 yrs held
Monarch Park Property LLC
since 2019
5 recorded transactions
Zoning & alternative use
3110 · Niwot, 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 Niwot submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Niwot 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%
$3,425,000
6.5%
$3,160,000
7%
$2,935,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,180,000
Current use
WAREHOUSE, STORAGE
$2,810,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$2.40M
Range $2.16M – $2.64M · ±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
$111,022
Tax year 2023
Assessed value
$1,102,413
Assessed 2023
Previous assessed
$676,570
+62.9% YoY
Effective rate
10.07%
On assessed value
Assessed land
$290,746
Assessed improvement
$811,667
Land market value
$1,042,100
Improvement market value
$2,909,200
Total market value
$3,951,300
Applied tax rate
4,239.0000
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
1997
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
16,957 SF
Lot
1.88 ac (81,893 SF)
Zoning code
3110
APN
1317-36-0-20-002
UPID
US13-0107165
Jurisdiction
BOULDER
Zoning & alternative use
3110 · Niwot, CO
Zoning 3110 · permitted uses
3110 · Niwot, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Niwot. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$3.2M
WAREHOUSE, STORAGE
Est. value
$2.8M
INDUSTRIAL (GENERAL) Current
WAREHOUSE, STORAGE
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
1997
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Lot
1.88 ac
Current owner
From public records · entity-resolved
Monarch Park Property LLC
Entity
Mailing address
500 E 4TH ST #303, AUSTIN, TX 78701-3720
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2024
—
Monarch Park Property LLC
—
Deed
related
$1,800,000 · Centennial Bank
Oct 3, 2019
$3,188,461
Monarch Park Property LLC
Millbrae Square Company
Special Warranty Deed
$2,075,450 · Community Banks Of Colorado
Nov 6, 2014
—
Millbrae Square Co
—
Grant Deed
related
$8,000,000 · Miscellaneous Ins Co
Nov 13, 2006
$20,600,000
Millbrae Square Co
Westfield Indl Ptrs II Lllp
Grant Deed
—
Dec 30, 2004
$1,660,000
Indl Ptrs Westfield II
Mum II LLC
Grant Deed
$10,500,000 · Nationwide Life Insurance 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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