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Property profile & analytics
OFF-MARKET
Estimated value
$1,905,000
Manufacturing properties
826 Sherman St Longmont, CO 80501-6323
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US13-1019432
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1971
Construction
STEEL FRAME
Total area
6,250 SF
Lot
0.45 ac (19,558 SF)
Zoning code
3115
APN
1315-09-0-16-012
UPID
US13-1019432
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
$2.20M
CAP Approach
CAP
$1.17M
Comparable Approach
Comparable
$2.18M
Blend (final)
Blend
$1.91M
Owner & transaction history
Ssh Ventures LLC · 4 yrs held
Ssh Ventures LLC
since 2022
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
3115 · Longmont, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Development Code
Top alternative use upside
Restaurant
$3.0M
+98.2%
Auto repair, garage
$2.5M
+59.9%
Office building
$2.0M
+28.1%
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
$2,255,000
ML approach
$2,200,000
CAP Approach
CAP Return
Estimation
6%
$1,265,000
6.5%
$1,165,000
7%
$1,080,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,535,000
Current use
RESTAURANT
$3,040,000
Change: +98% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,450,000
Change: +60% · Conversion: Easy
OFFICE BUILDING
$1,965,000
Change: +28% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,725,000
Change: +12% · Conversion: Difficult
Blend value · Realmo final
$1.91M
Range $1.71M – $2.10M · ±10% · vs last sale $1.82M (May 26 2022)
Last sale anchor
$1.82M
May 26 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
$305 / 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
$37,222
Tax year 2023
Assessed value
$394,506
Assessed 2023
Previous assessed
$184,730
+113.6% YoY
Effective rate
9.44%
On assessed value
Assessed land
$115,813
Assessed improvement
$278,693
Land market value
$415,100
Improvement market value
$998,900
Total market value
$1,414,000
Applied tax rate
680.0000
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
1971
Construction
STEEL FRAME
Heating
NONE
Cooling
EVAPORATIVE
Buildings
2
Stories
1
Total area
6,250 SF
Lot
0.45 ac (19,558 SF)
Zoning code
3115
APN
1315-09-0-16-012
UPID
US13-1019432
Jurisdiction
BOULDER
Zoning & alternative use
3115 · Longmont, COZoning 3115 · permitted uses
3115 · Longmont, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Development Code
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.5M
RESTAURANT
Est. value
$3.0M
AUTO REPAIR, GARAGE
Est. value
$2.5M
OFFICE BUILDING
Est. value
$2.0M
COMMERCIAL (GENERAL)
Est. value
$1.7M
INDUSTRIAL (GENERAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
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
1971
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
0.45 ac
Current owner
From public records · entity-resolved
Ssh Ventures LLC
Entity
Mailing address
826 S SHERMAN ST, LONGMONT, CO 80501-6323
Mailing matches property
Yes
Owner-occupied
Yes
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 26, 2022
$1,815,000
Ssh Ventures LLC
Sunnyvale Self Storage LLC
Special Warranty Deed
$1,452,000 · Firstbank
Nov 8, 2019
$1,300,000
Sunnyvale Self Storage LLC
D S Ptshp LLC
Grant Deed
$900,000 · Firstbank
Jun 14, 2007
—
Ds Ptshp LLC
Fs Ptshp
Quit Claim Deed
related
$20,000,000 · Guaranty Bank
Dec 26, 2006
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
—
—
Ds Ptshp LLC
—
Loan Modification
related
$19,723,999 · Us Bank NA
—
—
Sunnyvale Self Storage LLC
—
Deed Of Trust
related
$900,000 · Firstbank
—
—
Ds Ptshp LLC
—
Deed Of Trust
related
$19,534,077 · Us Bk
—
—
Ds Ptshp LLC
—
Deed Of Trust
related
$2,000,000 · Guaranty Bank
—
—
Ds Ptshp LLC
—
Deed Of Trust
related
$16,960,000 · Us 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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