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Property profile & analytics
OFF-MARKET
Estimated value
$15,010,000
Residential income homes
710 Sherman St Longmont, CO 80501-6682
Entity Owned
4-yr Hold
Free & Clear
Property ID
US13-0738673
Property profile
Verified
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Year built
2017
Construction
FRAME
Total area
65,632 SF
Lot
2.05 ac (89,124 SF)
Zoning code
300
APN
1315-09-0-59-001
UPID
US13-0738673
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
-
Home2 Suites by Hilton Longmont Hotel & Motel
-
Tesla Destination Charger Electric Vehicle Charging Station
-
Calgar mi tesla Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$11.03M
CAP Approach
CAP
$17.58M
Comparable Approach
Comparable
$9.41M
Blend (final)
Blend
$15.01M
Owner & transaction history
710 S Sherman Street Owner LP · 4 yrs held
710 S Sherman Street Owner LP
since 2021
Last sale
$15.8M
3 recorded transactions
Zoning & alternative use
300 · Longmont, 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 Longmont submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Longmont 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
$20,545,000
ML approach
$11,030,000
CAP Approach
CAP Return
Estimation
6%
$19,040,000
6.5%
$17,575,000
7%
$16,320,000
Blend value · Realmo final
$15.01M
Range $13.51M – $16.51M · ±10% · vs last sale $15.75M (Dec 6 2021)
Last sale anchor
$15.75M
Dec 6 2021
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
$229 / 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
$385,909
Tax year 2023
Assessed value
$4,098,510
Assessed 2023
Previous assessed
$4,098,510
+0.0% YoY
Effective rate
9.42%
On assessed value
Assessed land
$210,952
Assessed improvement
$3,887,558
Land market value
$756,100
Improvement market value
$13,933,900
Total market value
$14,690,000
Applied tax rate
680.0000
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
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Status
Off-Market
Year built
2017
Construction
FRAME
Heating
ZONE
Cooling
YES
Stories
4
Rooms
109
Total area
65,632 SF
Lot
2.05 ac (89,124 SF)
Zoning code
300
APN
1315-09-0-59-001
UPID
US13-0738673
Jurisdiction
BOULDER
Zoning & alternative use
300 · Longmont, CO
Zoning 300 · permitted uses
300 · Longmont, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Longmont. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2017
Construction
FRAME
Heating
ZONE
Cooling
Yes
Stories
4
Rooms
109
Lot
2.05 ac
Current owner
From public records · entity-resolved
710 S Sherman Street Owner LP
Entity
Free & Clear · 4 yrs held
Mailing address
710 S SHERMAN ST OWNER LP 545TH JOHN CARPENT E STE #1400, IRVING, TX 75062
Mailing matches property
Yes
Owner-occupied
Yes
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2021
$15,750,000
710 S Sherman Street Owner LP
Longmont Development LLC
Special Warranty Deed
—
Aug 30, 2016
$1,200,000
Longmont Dev LLC
Sherman Village I Lllp
Grant Deed
$9,577,769 · Home St Bk
—
—
Sherman Village I Lllp
—
Deed Of Trust
related
$513,790 · Bank Of The West
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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