Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    9521 County Rd 48th 12 Johnstown, CO 80534
    Back to Search
    Property profile & analytics

    9521 County Rd 48th 12, Johnstown, CO 80534

    View on Map
    • Warehouses
    • 5,000 SF
    • 1.45 lot acres
    Off-Market
    Last Sale Jul 30, 2020
    $195,000
    Property ID
    US13-1155540
    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

    • Warehouses

    Property Details for 9521 County Rd 48th 12

    Year built
    1998
    Lot size
    1.45 lot acres
    Property type
    Warehouses
    APN
    R0130795
    APU
    R0130795

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 27, 2026 — Sue Kreigh Gochis James E Gochis Deed · related —
    Oct 1, 2025 — Sue Kreigh James E Gochis JR Deed · related —
    Jul 30, 2020 — James E Gochis Steve Mitchell Correction Deed · related —
    Oct 28, 2019 — James E Gochis Stephen V Mitchell Quit Claim Deed · related —
    Oct 14, 2011 $195,000 Steve Mitchell Gilson Dev LLC Grant Deed —
    May 12, 2006 $210,000 Gilson Dev LLC Wadsworth,flora A Grant Deed —

    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
    Johnstown
    County
    Weld
    State
    Colorado
    Longitude
    -104.877
    Latitude
    40.3417
    CBSA code
    24540
    CBSA name
    GREELEY, 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
    $8,719
    $31,460
    $94,090
    $125,550
    -
    $112,760
    $337,240
    $450,000

    Comparable in this City

    • Value Estimation by Request
      0.25 Acres

      4530 Venture Dr, Unit 100

      MINI-WAREHOUSE, STORAGE
      4530 Venture Dr, Johnstown, CO 80534-2870
      View Details
    • Value Estimation by Request
      0.26 Acres

      4530 Venture Dr, Unit 130

      MINI-WAREHOUSE, STORAGE
      4530 Venture Dr, Johnstown, CO 80534-2870
      View Details
    • Value Estimation
      $12,350,000
      4.85 Acres

      4201 Ronald Reagan Blvd

      MINI-WAREHOUSE, STORAGE
      4201 Ronald Reagan Blvd, Johnstown, CO 80534-6588
      View Details
    • Value Estimation
      $510,000
      5,439 SF

      111 Ws 1st St

      WAREHOUSE, STORAGE
      111 Ws 1st St, Johnstown, CO 80534-9082
      View Details
    • Value Estimation
      $740,000
      8,700 SF

      2 Industrial Park

      MINI-WAREHOUSE, STORAGE
      2 Industrial Park, Johnstown, CO 80534
      View Details
    • Value Estimation by Request
      3,200 SF

      38997 County Rd 51

      WAREHOUSE, STORAGE
      38997 County Rd 51, Johnstown, CO 80534
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,570 SF

      Johnstown Flex Space For Lease

      Flex space available within a master-planned community in Johnstown, CO.
      4556 Endeavor Dr, Johnstown, CO 80534
      View Details
    • Contact for pricing

      Northern Colorado Business Park Land

      Commercial and industrial land in a rapidly growing region.
      34 And High Pln Blvd, Johnstown, CO 80534
      View Details
    • Contact for pricing

      Class A Industrial/Flex Building

      Modern industrial/flex building with drive-in and drive-thru doors.
      4615 Venture Dr, Johnstown, CO 80534
      View Details
    • $7,650,000

      78,624 SF Industrial Facility

      78,624 SF industrial facility on 6.21 acres for sale.
      4700 Marketplace Dr, Johnstown, CO 80534
      View Details
    • Contact for pricing
      32,168 SF

      Industrial Property with Outside Storage

      32,168 SF building with 7.5 acres of outside storage.
      6766 County Road 18, Johnstown, CO 80534
      View Details
    • Contact for pricing
      70,972 SF

      Flex Space with Overhead Doors

      Heated, air-conditioned flex space with 14' overhead doors for rent.
      5378-5388 Ronald Reagan Blvd, Johnstown, CO 80534
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Versatile Industrial Facility for Lease

      78,624 SF industrial facility on 6.21 acres for lease.
      4700 Marketplace Dr, Johnstown, CO 80534
      View Details
    • Contact for pricing

      New Industrial Buildings in Johnstown

      New concrete tilt-up construction in Northern Colorado's growing epicenter.
      4565 Venture Dr, Johnstown, CO 80534
      View Details
    • Contact for pricing
      600 SF

      New Johnstown Storage Unit

      New storage unit near Highway 34 and County Road.
      3787 Ronald Reagan Blvd, Johnstown, CO 80534
      View Details
    • Contact for pricing
      27,203 SF

      Industrial Space Available for Lease

      Industrial property with 27,203 square feet available for lease.
      SE Cor Of Trade St & Un St, Johnstown, CO 80534
      View Details
    • $12 SF/Yr
      75,600 SF

      North Ridge Industrial Flex Space

      Johnstown, CO industrial flex space available
      0 Tbd Johnstown Co, Johnstown, CO 80534
      View Details
    • Contact for pricing

      Upscale Office Space in Johnstown

      Exceptional professional/medical office space in a growing commercial corridor.
      4775 Larimer Pkwy, Johnstown, CO 80534
      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.
    9521 County Rd 48th 12
    Johnstown, CO 80534
    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
    9521 County Rd 48th 12, Johnstown, CO, 80534
    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!