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Property profile & analytics
OFF-MARKET
Office buildings
940 Main St Louisville, CO 80027-1854
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US13-2011880
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1927
Construction
WOOD
Total area
1,553 SF
Lot
0.16 ac (7,013 SF)
Zoning code
9119
APN
1575-08-4-02-002
UPID
US13-2011880
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Kfi LLC · 9 yrs held
Kfi LLC
since 2016
7 recorded transactions
Zoning & alternative use
9119 · Louisville, CO
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$27,107
Tax year 2023
Assessed value
$315,166
Assessed 2023
Previous assessed
$160,805
+96.0% YoY
Effective rate
8.60%
On assessed value
Assessed land
$113,414
Assessed improvement
$201,752
Land market value
$406,500
Improvement market value
$723,123
Total market value
$1,129,623
Applied tax rate
95.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1927
Construction
WOOD
Heating
FORCED AIR
Buildings
4
Stories
2
Rooms
6
Bathrooms
1
Total area
1,553 SF
Lot
0.16 ac (7,013 SF)
Zoning code
9119
APN
1575-08-4-02-002
UPID
US13-2011880
Jurisdiction
BOULDER
Zoning & alternative use
9119 · Louisville, COZoning 9119 · permitted uses
9119 · Louisville, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Building & site characteristics
From public records
Year built
1927
Construction
WOOD
Heating
FORCED AIR
Stories
2
Buildings
4
Rooms
6
Bathrooms
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Kfi LLC
Entity
Mailing address
940 MAIN ST, LOUISVILLE, CO 80027-1854
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 27, 2016
$740,000
Kfi LLC
Williams,julie K
Grant Deed
$375,985 · Firstbank
Jul 24, 2013
$380,000
Julie K Williams
Louisville Main Street Partners LLC
Warranty Deed
$285,000 · Firstbank
Dec 27, 2006
—
Louisville Main Street Ptrs
Grimmer Partners LLC
Warranty Deed
—
Nov 21, 2006
$429,000
Grimmer Partners LLC
Miller,david W
Warranty Deed
$110,000 · Mark L Hirsch
May 3, 2006
$376,900
David W Miller
United States Of America
Special Warranty Deed
$301,520 · Long Beach Mortgage Co
Oct 18, 2005
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
—
—
Kfi LLC
—
Deed Of Trust
related
$375,985 · Firstbank
—
—
Kfi LLC
—
Deed Of Trust
related
$312,000 · Colorado Lndg Source
—
—
Donald F Bredesen
—
Deed Of Trust
related
$216,750 · Master Financial INC
—
—
Donald F Bredesen
—
Deed Of Trust
related
$125,000 · Miller & Harrison LLC
—
—
Donald F Bredsen
—
Deed Of Trust
related
$156,500 · Master Financial INC
—
—
Donald F Bredesen
—
Deed Of Trust
related
$100,000 · Jolene Mardnez
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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