Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    947 Pine St Louisville, CO 80027

    • Gas stations
    • 1,848 SF
    • 0.22 lot acres
    For Sale
    View listing
    Last Sale
    Nov 06, 2023
    $1,295,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-2740723
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Gas stations

    Property Details for 947 Pine St

    Year built
    1986
    Construction
    CONCRETE BLOCKS
    Lot size
    0.22 lot acres
    Property size
    1,848 SF
    Zone code
    2112
    Property type
    Gas stations
    APN
    1575-08-4-23-007
    APU
    157508423007

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,170,000
      ML approach
      $1,190,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Boulder
    State
    Colorado
    Longitude
    -105.131
    Latitude
    39.9771
    CBSA code
    14500
    CBSA name
    BOULDER, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $24,651
    $212,040
    $75,330
    $287,370
    -
    $760,000
    $270,000
    $1,030,000

    Comparable in this City

    • Value Estimation
      $2,150,000
      1,092 SF

      1135 Es Boulder Rd

      SERVICE STATION (FULL SERVICE) • 1,092 SF
      1135 Es Boulder Rd, Louisville, CO 80027-2524
      View Details
    • Value Estimation by Request
      429 SF

      1603 Coalton Rd

      SERVICE STATION (FULL SERVICE) • 429 SF
      1603 Coalton Rd, Superior, CO 80027-4610
      View Details
    • Value Estimation
      $4,375,000
      3,594 SF

      1360 96th St

      SERVICE STATION (FULL SERVICE) • 3,594 SF
      1360 96th St, Louisville, CO 80027-9718
      View Details
    • Value Estimation by Request
      4,132 SF

      1712 Plz Dr

      SERVICE STATION (FULL SERVICE) • 4,132 SF
      1712 Plz Dr, Louisville, CO 80027
      View Details
    • Value Estimation by Request
      1,721 SF

      191 Mccaslin Blvd

      SERVICE STATION (FULL SERVICE) • 1,721 SF
      191 Mccaslin Blvd, Superior, CO 80027-9450
      View Details
    • Value Estimation by Request
      1,721 SF

      510 Mccaslin Blvd

      SERVICE STATION (FULL SERVICE) • 1,721 SF
      510 Mccaslin Blvd, Louisville, CO 80027
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,958 SF

      Corner Lot Gas Station Opportunity

      Gas station with redevelopment potential in historic downtown Louisville.
      947 Pine St, Louisville, CO 80027
      View Details
    • Contact for pricing
      2,580 SF

      Established Liquor Store Business

      Liquor store business for sale in Village Square.
      645 South Boulder Rd, Louisville, CO 80027
      View Details
    • Contact for pricing
      40,211 SF

      Prime Louisville Retail Space

      High-traffic retail space, ample parking. Excellent location.
      535 Boulder Rd, Louisville, CO 80027
      View Details
    • $2,163,520
      6,300 SF

      Fully Leased Louisville Retail Property

      Retail property fully leased to three tenants in Louisville, CO.
      976 W Dillon Rd, Louisville, CO 80027
      View Details
    • $2,360,000
      6,300 SF

      Louisville Shopping Center Investment

      6,300 SF, 3-Tenant Retail Center, High NOI
      976 Dillon Rd, Louisville, CO 80027
      View Details
    • $995,000
      0.77 Acres

      Prime Land in Louisville, CO

      0.77 acres ideal for retail, restaurant, or office development.
      511 S Boulder Rd, Louisville, CO 80027
      View Details

    Similar Nearby for Lease

    • $38 SF/Yr
      2,110 SF

      Retail Space in Louisville Center

      Sublease available in a vibrant Louisville business district center.
      994 W Dillon Rd, Louisville, CO 80027
      View Details
    • Contact for pricing
      6,163 SF

      Restaurant Sublease Available

      Freestanding restaurant for sublease through March 31, 2036.
      988 W Dillon Rd, Louisville, CO 80027
      View Details
    • $20 SF/Yr

      High Visibility Retail Space Available

      Retail space for lease with high visibility and tenant improvements.
      1116 W Dillon Rd, Louisville, CO 80027
      View Details
    • Contact for pricing
      2,657 SF

      McCaslin Blvd Retail Spaces Available

      Prime Louisville Retail, Multiple Sizes
      459 Mccaslin Blvd, Louisville, CO 80027
      View Details
    • Contact for pricing
      1,522 SF

      Mixed-Use Community Retail Opportunity

      Retail and restaurant spaces available in Westminster, Colorado.
      4301 Main St, Westminster, CO 80027
      View Details
    • $19 SF/Yr
      3,260 SF

      Louisville Retail Space - 1,846 SF Available

      Prime Louisville retail space with ample parking.
      1148 Dillon Rd, Louisville, CO 80027
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    947 Pine St
    Louisville, CO 80027
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.