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Property profile & analytics
OFF-MARKET
Estimated value
$2,325,000
Manufacturing properties
7123 Arapahoe Rd Boulder, CO 80303-1506
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US13-0722615
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1982
Construction
STEEL FRAME
Total area
10,240 SF
Lot
0.99 ac (43,342 SF)
Zoning code
3115
APN
1463-25-0-10-003
UPID
US13-0722615
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
-
Hearth House Hardware & Home Improvement
-
Indochine Home & Garden Home Decor Store Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.41M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.33M
Owner & transaction history
Mizk LLC · 2 yrs held
Mizk LLC
since 2024
Last sale
$3.1M
6 recorded transactions
Zoning & alternative use
3115 · Boulder, 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 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%
$1,520,000
6.5%
$1,405,000
7%
$1,305,000
Blend value · Realmo final
$2.33M
Range $2.09M – $2.56M · ±10% · vs last sale $3.13M (Mar 20 2024)
Last sale anchor
$3.13M
Mar 20 2024
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
$227 / 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
$52,615
Tax year 2023
Assessed value
$577,391
Assessed 2023
Previous assessed
$458,490
+25.9% YoY
Effective rate
9.11%
On assessed value
Assessed land
$319,762
Assessed improvement
$257,629
Land market value
$1,146,100
Improvement market value
$923,400
Total market value
$2,069,500
Applied tax rate
4,229.0000
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
1982
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
1
Total area
10,240 SF
Lot
0.99 ac (43,342 SF)
Zoning code
3115
APN
1463-25-0-10-003
UPID
US13-0722615
Jurisdiction
BOULDER
Zoning & alternative use
3115 · Boulder, CO
Zoning 3115 · permitted uses
3115 · Boulder, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Boulder. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1982
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
1
Lot
0.99 ac
Current owner
From public records · entity-resolved
Mizk LLC
Entity
Mailing address
7123 ARAPAHOE RD, BOULDER, CO 80303-1506
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 29, 2024
—
Mizk LLC
—
Deed
related
$1,304,000 · Colorado Lending Source Ltd
Jun 20, 2024
$3,125,500
Mizk LLC
Sunny Retirement LLC
Special Warranty Deed
$1,575,000 · Elevations Cu
Jun 11, 2019
—
Sunny Retirement LLC
Barbees Retirement LLC
Quit Claim Deed
related
—
Apr 27, 2018
—
Sunny Retirement LLC
Brooks,hugo
Quit Claim Deed
related
—
Apr 17, 2018
$1,850,000
Barbara E James
Maher Enterprises
Warranty Deed
$1,100,000 · Mountain View Bank Of Commerce
May 5, 2011
$3,548
Department Of Transportation
Maher Ents
Warranty 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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