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Property profile & analytics
OFF-MARKET
Estimated value
$1,020,000
Industrial properties
7260 119th Pl Broomfield, CO 80020-2803
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US13-0635953
Property profile
Verified
Property type
Industrial properties
Use group
HEAVY INDUSTRIAL
Year built
1981
Construction
WOOD
Total area
5,500 SF
Lot
0.74 ac (32,191 SF)
Zoning code
I-3 (J)
APN
171702135001
UPID
US13-0635953
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$945k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.25M
Blend (final)
Blend
$1.02M
Owner & transaction history
Memoriam Holdings LLC · 5 yrs held
Memoriam Holdings LLC
since 2021
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
I-3 (J) · Broomfield, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.5M
+33.3%
Apartment house (5+ units)
$1.4M
+19.4%
Commercial (general)
$1.2M
+8.7%
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
$1,040,000
ML approach
$945,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,145,000
Current use
OFFICE BUILDING
$1,530,000
Change: +33% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,370,000
Change: +19% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,245,000
Change: +9% · Conversion: Difficult
Blend value · Realmo final
$1.02M
Range $918k – $1.12M · ±10% · vs last sale $1.05M (Jan 22 2021)
Last sale anchor
$1.05M
Jan 22 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
$185 / 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
$27,523
Tax year 2023
Assessed value
$309,170
Assessed 2024
Previous assessed
$250,340
+23.5% YoY
Effective rate
8.90%
On assessed value
Assessed land
$122,360
Assessed improvement
$186,810
Land market value
$438,580
Improvement market value
$669,580
Total market value
$1,108,160
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
Industrial properties
Use group
HEAVY INDUSTRIAL
Status
Off-Market
Year built
1981
Construction
WOOD
Heating
SPACE
Cooling
YES
Buildings
2
Stories
1
Total area
5,500 SF
Lot
0.74 ac (32,191 SF)
Zoning code
I-3 (J)
APN
171702135001
UPID
US13-0635953
Jurisdiction
BROOMFIELD
Zoning & alternative use
I-3 (J) · Broomfield, CO
Zoning I-3 (J) · permitted uses
I-3 (J) · 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
INDUSTRIAL (GENERAL) Current
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.2M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (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
1981
Construction
WOOD
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
2
Lot
0.74 ac
Current owner
From public records · entity-resolved
Memoriam Holdings LLC
Entity
Mailing address
10926 GRAY CIR, WESTMINSTER, CO 80020-3240
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 22, 2021
$1,050,000
Memoriam Holdings LLC
Five Dog Properties LLC
Special Warranty Deed
$825,000 · Umb Bank NA
Jun 24, 2016
$760,000
Five Dog Properties LLC
B & B Investment Co LLC
Warranty Deed
$372,500 · Centennial Bk&tr
Jul 6, 2004
—
Yvonne K Keim
Schmidt,yvonne K
Quit Claim Deed
related
—
Jul 6, 2004
$440,000
B & B Investments Co LLC
Keim,yvonne K
Grant Deed
$350,000 · Yvonne K Keim
May 28, 2004
—
Yonne K Schmidt
Price,john O & Wilma C
Quit Claim Deed
related
—
—
—
Five Dog Properties LLC
—
Deed Of Trust
related
$372,500 · Centennial Bk&tr
—
—
Five Dog Properties LLC
—
Deed Of Trust
related
$309,000 · Colorado Lndg Source
—
—
Five Dog Properties LLC
—
Deed Of Trust
related
$649,000 · Jpmorgan Chase Bk NA
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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