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Property profile & analytics
OFF-MARKET
Estimated value
$670,000
Medical Office Space
800 3rd Ave Longmont, CO 80501-5928
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US13-0699599
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1957
Construction
BRICK
Total area
3,226 SF
Lot
0.17 ac (7,536 SF)
Zoning code
2137
APN
1315-03-3-10-014
UPID
US13-0699599
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
-
Dr. Donald J. Keller, MD Ophthalmologist
-
Third Avenue Eyecare Eye Care Center Contact Lenses Supplier
-
Holly Hughes Physician
-
Jordan Hughes Physician
-
Jordan William Hughes Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$670k
CAP Approach
CAP
$570k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$670k
Owner & transaction history
Clever Name LLC · 2 yrs held
Clever Name LLC
since 2024
Last sale
$669,000
1 recorded transaction
Zoning & alternative use
2137 · Longmont, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$535,000
+55.2%
Commercial (general)
$475,000
+37.8%
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 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
$670,000
ML approach
$670,000
CAP Approach
CAP Return
Estimation
6%
$620,000
6.5%
$570,000
7%
$530,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$535,000
Change: +55% · Conversion: Easy
COMMERCIAL (GENERAL)
$475,000
Change: +38% · Conversion: Easy
Blend value · Realmo final
$670k
Range $603k – $737k · ±10% · vs last sale $669k (Jul 2 2024)
Last sale anchor
$669k
Jul 2 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
$208 / 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
$16,410
Tax year 2023
Assessed value
$173,538
Assessed 2023
Previous assessed
$145,725
+19.1% YoY
Effective rate
9.46%
On assessed value
Assessed land
$100,245
Assessed improvement
$73,293
Land market value
$359,300
Improvement market value
$262,700
Total market value
$622,000
Applied tax rate
1,018.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1957
Construction
BRICK
Heating
FORCED AIR
Stories
1
Total area
3,226 SF
Lot
0.17 ac (7,536 SF)
Zoning code
2137
APN
1315-03-3-10-014
UPID
US13-0699599
Jurisdiction
BOULDER
Zoning & alternative use
2137 · Longmont, CO
Zoning 2137 · permitted uses
2137 · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$535,000
COMMERCIAL (GENERAL)
Est. value
$475,000
OFFICE BUILDING
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
1957
Construction
BRICK
Heating
FORCED AIR
Stories
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Clever Name LLC
Entity
Mailing address
800 3RD AVE, LONGMONT, CO 80501-5928
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 2, 2024
$669,000
Clever Name LLC
800 Third Avenue LLC
Special Warranty Deed
$669,000 · Jpmorgan Chase Bank 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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