Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    128 128Th Ave Thornton, CO 80241

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $999,999

    Land available in a perfect location.

    Lot size:
    5.29 Acres

    Property Features for 128 128Th Ave

    General Information

    Lot size
    5.29 Acres

    We can help!

    Listing Contact
    Melissa Segal
    Source: Elliman

    Listing Agent: Melissa Segal

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Land For Sale

    This land is available for sale and is located at 128TH & Washington St, Thornton, CO 80241. It is described as being in a perfect location.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Thornton
    County
    Adams
    State
    Colorado
    Longitude
    -104.9851043
    Latitude
    39.928336

    Nearby Similar for Sale

    • $1,250,000
      10,400 SF

      East Lake Warehouse Opportunity

      Two buildings on a single lot with live/work potential.
      2201 Lk Ave, Thornton, CO
      View Details
    • $99,999

      Spacious Home in Redwood Estates

      Four-bedroom, two-bath home with community amenities and convenient location.
      9595 Pecos St, Thornton, CO 80260
      View Details
    • $399,900

      New Townhome in Vibrant Community

      Move-in ready townhome near shopping, dining, and recreation.
      6688 E 149Th Ave, Thornton, CO 80602
      View Details
    • $2,400,000
      1,841 SF

      Drive-Thru Building in Prime Location

      1,841 SF building with drive-thru, excellent visibility and traffic.
      14325 Lincoln St, Thornton, CO 80003
      View Details
    • $1,150,000
      5,374 SF

      Well-Maintained Church Facility For Sale

      Church facility in excellent condition, ready for immediate use.
      2260 E 88Th Ave, Thornton, CO 80229
      View Details
    • Contact for pricing
      87,008 SF

      Thornton Industrial Facility For Sale

      87,008 SF Class A industrial facility in Thornton, CO.
      8560 Grant St, Thornton, CO
      View Details
    • Contact for pricing
      121,640 SF

      Industrial Building Ready For Construction

      Class A logistics building in North Denver industrial submarket.
      Washington St, Thornton, CO 02001
      View Details
    • $2,600,000
      1,275 SF

      Gas Station, C-Store, Car Wash

      Gas station, convenience store, and car wash for sale.
      9201 Huron St, Thornton, CO 80260
      View Details
    • $280,000
      2,758 SF

      One-Level Office Condo For Sale

      One-level office condo in a three-level building.
      8801 Fox Dr, Thornton, CO
      View Details
    • $19,750,000
      144,024 SF

      Thornton Manufacturing Facility For Sale

      144,024 SF high-tech manufacturing facility in Thornton, Colorado.
      12300 Grant St, Thornton, CO
      View Details
    • Contact for pricing
      8,100 SF

      Retail Property on Washington Street

      Retail property with high visibility in a sought-after area.
      10105 Washington St, Thornton, CO 02001
      View Details
    • Contact for pricing
      13,312 SF

      Thornton Warehouse with Fenced Yard

      13,312 SF warehouse with fenced storage yard for sale.
      12421 Washington St, Thornton, CO 02001
      View Details

    FAQs

    What type of property is this?
    Land - Land available in a perfect location.
    Where is this land located?
    The property is located at 128 128Th Ave Thornton, CO.
    What is the asking price?
    The asking price for this property is $999,999.
    What are key features of this property?
    This property features: - Perfect location!
    (720) 937-1758
    Request Owner's contact information
    128 128Th Ave Thornton, CO 80241
    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.
    128 128Th Ave
    Thornton, CO 80241
    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
    128 128Th Ave Thornton, CO 80241
    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

    We can help!
    Listing Contact
    Melissa Segal
    Real Estate License ID: 100009190
    (720) 937-1758
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.