Add Listing
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

    975 Nn St Boulder, CO 80304-3279

    • Medical Office Space
    • 8,335 SF
    • 0.45 lot acres
    OFF-MARKET
    Value Estimations
    $555,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-0019549
    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

    • Mental Health Partners Norton Center for Behavioral Medicine / Medical Clinic
    • Genoa Healthcare / Pharmacy
    • OrthoSport Physical Therapy / Medical Clinic
    • Hodge William A MD / Physician
    • Mental Health Partners / Medical Clinic

    Property Details for 975 Nn St

    Year built
    1986
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.45 lot acres
    Property size
    8,335 SF
    Zone code
    2137
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    1461-25-1-30-005
    APU
    146125130005

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Boulder
    County
    Boulder
    State
    Colorado
    Longitude
    -105.284
    Latitude
    40.0247
    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
    $5,111
    $707,182
    $257,880
    $965,062
    -
    $2,534,700
    $924,300
    $3,459,000

    Comparable in this City

    • Value Estimation
      $1,040,000
      20,259 SF

      2880 Folsom St

      MEDICAL BUILDING • 20,259 SF
      2880 Folsom St, Boulder, CO 80304-3739
      View Details
    • Value Estimation by Request
      2,322 SF

      3950 Broadway St

      MEDICAL BUILDING • 2,322 SF
      3950 Broadway St, Boulder, CO 80304-1104
      View Details
    • Value Estimation
      $2,335,000
      14,116 SF

      311 Mapleton Ave

      MEDICAL BUILDING • 14,116 SF
      311 Mapleton Ave, Boulder, CO 80304-3979
      View Details
    • Value Estimation by Request
      2,310 SF

      3575 Broadway St

      MEDICAL BUILDING • 2,310 SF
      3575 Broadway St, Boulder, CO 80304-1825
      View Details
    • Value Estimation
      $525,000
      5,644 SF

      931 Alpine Ave

      MEDICAL BUILDING • 5,644 SF
      931 Alpine Ave, Boulder, CO 80304
      View Details
    • Value Estimation
      $3,205,000
      78,916 SF

      2750 Broadway St

      MEDICAL BUILDING • 78,916 SF
      2750 Broadway St, Boulder, CO 80304-3573
      View Details

    Similar Nearby for Sale

    • $625,000

      Bright Office Condo For Sale

      West-facing office condo with parking and shared amenities.
      2930 Broadway B-106, Boulder, CO 80304
      View Details
    • $625,000
      0.03 Acres

      Bright Condo with Open Floorplan

      West-facing condo with conference room, kitchenette, and parking.
      2930 Broadway, Boulder, CO 80304
      View Details
    • $976,835

      North Boulder Office/Retail Condo

      First floor office or retail condo in North Boulder.
      1200 Yarmouth Ave, Boulder, CO 80304
      View Details
    • $325,000

      North Boulder Office Condo

      Business office condo available in north Boulder.
      1570 Lee Hill Rd, Boulder, CO 80304
      View Details
    • $325,000
      0.02 Acres

      North Boulder Office Condo

      Comfortable business office condo in north Boulder for sale.
      1570 Lee Hill Dr, Boulder, CO 80304
      View Details
    • $626,875
      0.02 Acres

      Vibrant Uptown Broadway Commercial Unit

      Small commercial unit in vibrant Uptown Broadway, excellent visibility.
      4520 Broadway St, Boulder, CO 80304
      View Details

    Similar Nearby for Lease

    • $19 SF/Yr
      2,473 SF

      Boulder Office/Retail Condo for Sale/Lease

      North Boulder gem: 6 offices, meeting room, kitchen. Excellent location.
      1200 Yarmouth Ave, Boulder, CO 80304
      View Details
    • $18 SF/Yr
      8,276 SF

      Bright Office Space with Views

      Two-story office space with high-quality finishes and incredible views.
      1495 Yarmouth Ave, Boulder, CO 80304
      View Details
    • $19 SF/Yr
      871 SF

      Vibrant Uptown Broadway Commercial Unit

      1,003 SF commercial unit in vibrant Uptown Broadway, Boulder.
      4520 Broadway St, Boulder, CO 80304
      View Details
    • $52 SF/Yr
      4,742 SF

      Wonderland Hill Office Space for Lease

      Boulder Office Building, 4,742 sq ft
      3985 Wonderland Hill Ave, Boulder, CO 80304
      View Details
    • $15 SF/Yr
      9,400 SF

      Boulder Creative Office Space

      9,400 SF Office, Newly Renovated, Mountain Views
      3050 Broadway, Boulder, CO 80304
      View Details
    • $4,500,000
      2,217 SF

      Boulder Flex Space Opportunity

      Versatile flex space in a dynamic Boulder district.
      4571 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.
    975 Nn St
    Boulder, CO 80304-3279
    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.
    Sign Up Successful!
    You now have access to more from Realmo!