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Property profile & analytics
OFF-MARKET
Estimated value
$2,890,000
Warehouses
7247 116th Ave, Broomfield, CO 80020-6940
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US13-1278497
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2006
Construction
METAL FRAME
Total area
9,300 SF
Lot
1.25 ac (54,363 SF)
Zoning code
I-2
APN
171702118014
UPID
US13-1278497
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
$2.69M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.77M
Blend (final)
Blend
$2.89M
Owner & transaction history
Tebo 7247 LLC · 3 yrs held
Tebo 7247 LLC
since 2022
Last sale
$3.1M
5 recorded transactions
Zoning & alternative use
I-2 · Broomfield, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$4.0M
+160.6%
Restaurant
$3.5M
+129.0%
Retail stores
$3.4M
+121.8%
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 Broomfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Broomfield 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
$2,770,000
ML approach
$2,685,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$3,965,000
Change: +161% · Conversion: Easy
RESTAURANT
$3,485,000
Change: +129% · Conversion: Difficult
RETAIL STORES
$3,375,000
Change: +122% · Conversion: Moderate
OFFICE BUILDING
$2,585,000
Change: +70% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,315,000
Change: +52% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,110,000
Change: +39% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,940,000
Change: +28% · Conversion: Easy
Blend value · Realmo final
$2.89M
Range $2.60M – $3.18M · ±10% · vs last sale $3.12M (Sep 22 2022)
Last sale anchor
$3.12M
Sep 22 2022
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
$311 / 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
$61,009
Tax year 2023
Assessed value
$685,330
Assessed 2024
Previous assessed
$655,400
+4.6% YoY
Effective rate
8.90%
On assessed value
Assessed land
$172,750
Assessed improvement
$512,580
Land market value
$619,180
Improvement market value
$1,837,200
Total market value
$2,456,380
Applied tax rate
5,050.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2006
Construction
METAL FRAME
Heating
SPACE
Buildings
2
Stories
1
Total area
9,300 SF
Lot
1.25 ac (54,363 SF)
Zoning code
I-2
APN
171702118014
UPID
US13-1278497
Jurisdiction
BROOMFIELD
Zoning & alternative use
I-2 · Broomfield, CO
Zoning I-2 · permitted uses
I-2 · Broomfield, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Broomfield. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$4.0M
RESTAURANT
Est. value
$3.5M
RETAIL STORES
Est. value
$3.4M
OFFICE BUILDING
Est. value
$2.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.3M
COMMERCIAL (GENERAL)
Est. value
$2.1M
INDUSTRIAL (GENERAL)
Est. value
$1.9M
AUTO REPAIR, GARAGE
RESTAURANT
RETAIL STORES
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
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
2006
Construction
METAL FRAME
Heating
SPACE
Stories
1
Buildings
2
Lot
1.25 ac
Current owner
From public records · entity-resolved
Tebo 7247 LLC
Entity
Mailing address
PO BOX T T, BOULDER, CO 80306-1966
Ownership since
2022
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
Sep 22, 2022
$3,116,500
Tebo 7247 LLC
Wilson Investments Gc LLC
Warranty Deed
$2,365,084 · Bank Of Colorado
May 30, 2014
$2,220,000
Wilson Investments Gc LLC
116 Avenue LLC
Grant Deed
—
Aug 5, 2005
—
116 Avenue LLC
—
Trustees Deed
related
$422,668 · Foothills Bank
May 3, 2005
$276,000
116 Avenue LLC
Md Fence Co INC
Grant Deed
—
Jul 15, 2003
$260,000
M D Fence Co INC
Million,isadore
Grant Deed
$195,000 · Firstbank North
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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