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Property profile & analytics
FOR LEASE
Turn key restaurants
994 W Dillon Rd Louisville, CO 80027
Entity Owned
16-yr Hold
Absentee Owner
Free & Clear
Property ID
US13-2672354
For Lease
1 / 6
$38.50 SF/Yr
994 W Dillon Rd, Louisville, CO 80027
View Listing →
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2016
Construction
STEEL FRAME
Total area
12,607 SF
Lot
1.72 ac (75,097 SF)
Zoning code
2134
APN
1575-18-3-48-001
UPID
US13-2672354
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
$515k
Owner & transaction history
Mccaslin Retail LLC · 16 yrs held
Mccaslin Retail LLC
since 2010
7 recorded transactions
Zoning & alternative use
2134 · 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
$41 / SF
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
$96,633
Tax year 2023
Assessed value
$1,102,050
Assessed 2023
Previous assessed
$1,086,181
+1.5% YoY
Effective rate
8.77%
On assessed value
Assessed land
$316,832
Assessed improvement
$785,218
Land market value
$1,135,600
Improvement market value
$2,814,400
Total market value
$3,950,000
Applied tax rate
90.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
For Lease
Year built
2016
Construction
STEEL FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
12,607 SF
Lot
1.72 ac (75,097 SF)
Zoning code
2134
APN
1575-18-3-48-001
UPID
US13-2672354
Jurisdiction
BOULDER
Zoning & alternative use
2134 · Louisville, COZoning 2134 · permitted uses
2134 · 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
2016
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
1.72 ac
Current owner
From public records · entity-resolved
Mccaslin Retail LLC
Entity
Free & Clear · 16 yrs held
Mailing address
3101 IRIS AVE STE #240, BOULDER, CO 80301-1495
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2016
—
Mccaslin Retail LLC
—
Deed
related
$5,300,000 · Bellco Cu
Sep 25, 2015
—
Mccaslin Retail LLC
—
Grant Deed
related
$3,903,538 · Home St Bk
Mar 17, 2010
$706,000
Mccaslin Retail LLC
Guaranty Bk & Trust Co
Grant Deed
—
Jul 2, 2009
—
Guaranty Bank & Trust Co
Deputy Public Te Of Boulder Cnty
Trustees Deed
related
—
Jun 11, 2009
$1,003,395
Louisville Restaurant LLC
Deputy Public Te Of Boulder Cnty
Certificate Of Purchase
$932,000
Mar 28, 2005
—
Louisville Restaurant LLC
—
Trustees Deed
related
$276,800 · Pearson Horowitz Poskus & Burn
Aug 4, 2003
$1,600,000
Louisville Restaurant LLC
RT Denver Franchise LP
Grant Deed
—
—
—
Louisville Restaurant LLC
—
Deed Of Trust
related
$1,002,000 · Guaranty Bank
—
—
Louisville Restaurant LLC
—
Deed Of Trust
related
$325,000 · Guaranty Bank
—
—
Mccaslin Retail LLC
—
Deed Of Trust
related
$5,300,000 · Bellco Cu
—
—
Louisville Restaurant LLC
—
Deed Of Trust
related
$852,750 · Guaranty Bank & Trust Co
—
—
Louisville Restaurant LLC
—
Deed Of Trust
related
$932,000 · Guaranty Bank & Trust Co
—
—
Louisville Restaurant LLC
—
Deed Of Trust
related
$932,000 · Denver Urban Economic Dev Corp
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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