Back to Search
Property profile & analytics
FOR LEASE
Manufacturing properties
740 S Pierce Ave Louisville, CO 80027
Entity Owned
3-yr Hold
Free & Clear
Property ID
US13-0597923
For Lease
1 / 2
$12.99 SF/Yr
740 S Pierce Ave, Louisville, CO 80027
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1982
Construction
CONCRETE BLOCKS
Total area
54,275 SF
Lot
4.84 ac (210,830 SF)
Zoning code
3115
APN
1575-16-0-08-015
UPID
US13-0597923
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
$5.56M
Comparable Approach
Comparable
$5.37M
Blend (final)
Blend
$5.70M
Owner & transaction history
Aldebarn Properties LLC · 3 yrs held
Aldebarn Properties LLC
since 2022
7 recorded transactions
Zoning & alternative use
3115 · Louisville, 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 Louisville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Louisville 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%
$6,025,000
6.5%
$5,560,000
7%
$5,165,000
Blend value · Realmo final
$5.70M
Range $5.13M – $6.27M · ±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
$105 / 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
$277,249
Tax year 2023
Assessed value
$3,117,825
Assessed 2023
Previous assessed
$1,466,124
+112.7% YoY
Effective rate
8.89%
On assessed value
Assessed land
$613,800
Assessed improvement
$2,504,025
Land market value
$2,200,000
Improvement market value
$8,975,000
Total market value
$11,175,000
Applied tax rate
96.0000
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
For Lease
Year built
1982
Construction
CONCRETE BLOCKS
Heating
FLOOR/WALL FURNACE
Stories
2
Total area
54,275 SF
Lot
4.84 ac (210,830 SF)
Zoning code
3115
APN
1575-16-0-08-015
UPID
US13-0597923
Jurisdiction
BOULDER
Zoning & alternative use
3115 · Louisville, CO
Zoning 3115 · permitted uses
3115 · Louisville, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Louisville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1982
Construction
CONCRETE BLOCKS
Heating
FLOOR/WALL FURNACE
Stories
2
Lot
4.84 ac
Current owner
From public records · entity-resolved
Aldebarn Properties LLC
Entity
Free & Clear · 3 yrs held
Mailing address
6565 S DAYTON ST STE #3000, GREENWOOD VILLAGE, CO 80111-6249
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 1, 2022
—
Aldebarn Properties LLC
Fcm Pierce LLC
Special Warranty Deed
—
Jul 25, 2017
—
Aldebaran Properties LLC
Public Svcs Co Of Co
Quit Claim Deed
related
—
Jan 3, 2017
—
Fcm Pierce LLC
Aldebaran Properties LLC
Grant Deed
related
—
Feb 2, 2015
$3,754,577
Aldebaran Properties LLC|fcm-pierce LLC
Turbo-k LLC
Trustees Deed
$3,538,497 · Firstbank
—
—
Turbo-k LLC
—
Deed Of Trust
related
—
—
—
Turbo-k LLC
—
Deed Of Trust
related
—
—
—
Turbo-k LLC
—
Deed Of Trust
related
$1,915,000 · Bank Of The West
—
—
Aldebaran Properties LLC
—
Deed Of Trust
related
$3,450,000 · Miscellaneous Ins 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
