Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    948 Nn St Ste, Unit 8 Boulder, CO 80304-3386
    Property profile & analytics

    948 Nn St Ste, Unit 8, Boulder, CO 80304-3386

    View on Map
    • Specialty properties
    • 980 SF
    • 0.00 lot acres
    Off-Market
    Property ID
    US13-2802962
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for 948 Nn St Ste

    Year built
    1984
    Construction
    BRICK
    Lot size
    0.00 lot acres
    Zone code
    2120
    Property type
    Specialty properties
    APN
    1461-25-1-75-008
    APU
    146125175008

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 9, 2007 $199,000 Immigrant Legal Center Of Boulder C Center For People With Disabilities Special Warranty Deed $100k · Mile High Housing Fund INC
    — — Immigrant Legal Center Of Boulder — Loan Modification · related $49k · County Of Boulder
    — — Immigrant Legal Center Of Boulder — Deed Of Trust · related $49k · County Of Boulder
    — — Immigrant Legal Center — Deed Of Trust · related $30k · Boulder City (co)

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Boulder
    County
    Boulder
    State
    Colorado
    Longitude
    -105.285
    Latitude
    40.0241
    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
    $0.00
    $0.00
    $99,519
    $99,519
    -
    $0.00
    $356,700
    $356,700

    Comparable in this City

    • Value Estimation by Request
      6.89 Acres

      1100 Balsam Ave

      CHARITABLE ORGANIZATION
      1100 Balsam Ave, Boulder, CO 80304-3404
      View Details
    • Value Estimation by Request
      2,513 SF

      777 Poplar Ave, Unit 717

      CHARITABLE ORGANIZATION
      777 Poplar Ave, Boulder, CO 80304-1067
      View Details
    • Value Estimation
      $505,000
      7,854 SF

      1155 Alpine Ave, Unit G60

      CHARITABLE ORGANIZATION
      1155 Alpine Ave, Boulder, CO 80304-3495
      View Details
    • Value Estimation
      $535,000
      8,545 SF

      1155 Alpine Ave, Unit G20

      CHARITABLE ORGANIZATION
      1155 Alpine Ave, Boulder, CO 80304-3495
      View Details
    • Value Estimation by Request
      2,070 SF

      2655 Broadway St

      CHARITABLE ORGANIZATION
      2655 Broadway St, Boulder, CO 80304-3541
      View Details
    • Value Estimation by Request
      1,168 SF

      1655 Zamia Ave

      CHARITABLE ORGANIZATION
      1655 Zamia Ave, Boulder, CO 80304-2260
      View Details

    Similar Nearby for Sale

    • $626,875

      Commercial Unit on Vibrant Broadway

      Small commercial unit with excellent visibility on Broadway.
      4520 Broadway, Boulder, CO 80304
      View Details
    • $425,000

      North Boulder Office/Studio/Residential Space

      Ground floor office/studio/residential space in Holiday neighborhood, Boulder.
      1517 Easy Rider #101, Boulder, CO 80304
      View Details
    • $4,500,000

      Large Flex Building on Broadway

      Flex building on nearly an acre in a dynamic district.
      4571 Broadway, Boulder, CO 80304
      View Details
    • Contact for pricing
      2,473 SF

      North Boulder Retail/Office Condo

      First-floor condo with offices, meeting room, kitchen, and excellent frontage.
      1200 Yarmouth Ave, Boulder, CO 80304
      View Details
    • Contact for pricing
      1,275 SF

      Bright Office Condo For Sale

      Modern office condo with parking in Washington Village.
      2930 Boulder Co, Boulder, CO 80304
      View Details
    • Contact for pricing

      Versatile Flex Space For Sale

      Adaptable commercial unit suitable for showroom, warehouse, or retail.
      1501 Lee Hill Rd, Boulder, CO 80304
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,220 SF

      Retail Space in Boulder Corridor

      Affordable retail opportunity in a high-traffic Boulder location.
      2860-2890 Bluff St, Boulder, CO 80304
      View Details
    • Contact for pricing
      1,016 SF

      North Boulder Office Space Available

      Open-plan office space near Pearl Street with parking.
      2430 Broadway St, Boulder, CO 80304
      View Details
    • Contact for pricing
      1,550 SF

      North Boulder Flex/Industrial Space

      Unique ground-level flex/industrial space in North Boulder Art District.
      4949 Broadway St, Boulder, CO 80304
      View Details
    • New
      Contact for pricing

      Broadway-Facing Retail Space

      Broadway-facing storefront with a large open layout, positioned next to an established restaurant.
      4481 N Broadway St, Boulder, CO 80304
      View Details
    • Contact for pricing
      1,478 SF

      Creative Office Space in Uptown

      Creative office space with Class A finishes and natural light.
      4550 Broadway St, Boulder, CO 80304
      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.
    948 Nn St Ste, Unit 8
    Boulder, CO 80304-3386
    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

    Thank You for Inquiry
    948 Nn St Ste, Boulder, CO, 80304
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!