Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5997 Magnolia St Commerce City, CO 80022

    View on Map
    Claim this Listing
    New
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $775,000

    Four-unit property with modern upgrades and strong rental income.

    Type:Investment
    Added:
    Apr 24, 2026
    Days on Market:
    6
    Last Refresh:
    Apr 24 at 4:46 pm

    Property Features for 5997 Magnolia St

    General Information

    Standard status
    Active
    Property subtype
    Investment

    Building Details

    Year Built
    1942

    We can help!

    Listing Contact
    Will McCauley

    Listing agent Will McCauley License ##100087986

    Listing office UNIQUE PROPERTIES LLC

    Listing date Apr 24, 2026

    Source Elliman

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

    All listing content including descriptions, pricing, images are the copyrighted material of UNIQUE PROPERTIES LLC

    Overview

    Commerce City Multifamily Investment Property

    The property at 5997 Magnolia Street in Commerce City, Colorado, is a four-unit investment property featuring a duplex and two single-family homes. It offers a mix of one, two, and three-bedroom layouts. Most units include washer and dryer hookups. Significant capital improvements have been completed, including full interior renovations, a new roof, and replacement of one hot water heater. The property is located in an area with a bike score of 66, indicating it is bikeable, a walk score of 24, indicating car-dependent, and a transit score of 30, indicating some transit options are available.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Daycare Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Commerce City
    County
    Adams
    State
    Colorado
    Longitude
    -104.9115287
    Latitude
    39.8054738

    Nearby Similar for Sale

    • $850,000
      736 SF

      Corner Lot Car Dealership Opportunity

      Corner lot with car dealership approval in Adams County.
      8581 Rosemary St, Commerce City, CO 80022
      View Details
    • $850,000
      4,320 SF

      Industrial Building with Fenced Yard

      4,320 SF industrial building with office and warehouse space.
      6301 E 71st Ave, Commerce City, CO 80022
      View Details
    • $1,044,000
      5,261 SF

      Creative Space with High Ceilings

      Leased creative building with financial advantages and long-term growth potential.
      6600 E 74th Ave, Commerce City, CO 80022
      View Details
    • $395,000

      Two-Unit Office Building For Sale

      Two-unit office building with high visibility and ample parking.
      7250-7260 Magnolia St, Commerce City, CO 80022
      View Details
    • $988,470

      Mixed-Use Property with Highway Access

      Mixed-use property with highway access, ideal for owner-occupied business.
      6630 Monaco St, Commerce City, CO 80022
      View Details
    • $850,000
      4,320 SF

      Industrial Building with Fenced Yard

      4,320 SF industrial building with office and warehouse space.
      6301 E 71st Avenue, Commerce City, CO 80022
      View Details
    • $1,775,000
      7,903 SF

      Freestanding Retail Building on 72nd

      7,903 SF retail building on 33,670 SF lot.
      6071 E 72nd Ave, Commerce City, CO 80022
      View Details
    • $1,044,000
      5,100 SF

      Leased Creative Building with Upside

      5,261 SF building, fully leased, potential for rent increases.
      6600 E 74th Avenue, Commerce City, CO 80022
      View Details
    • $1,850,000
      7,903 SF

      Retail Property in Commerce City

      Retail property with established tenant, ideal for investors/owner-users.
      5983 E 72nd Ave, Commerce City, CO
      View Details
    • $1,649,000
      15,312 SF

      Commerce City Commercial Property For Sale

      15,312 SF building on 0.69 acres with highway frontage.
      6350 E 72nd Place, Commerce City, CO 80022
      View Details
    • $2,500,000
      12,690 SF

      Freestanding Industrial Flex Building

      12,690 SF industrial/flex building in Commerce City, Colorado.
      4995 Monaco Street, Commerce City, CO 80022
      View Details
    • $2,200,000

      Industrial Warehouse with Fenced Yard

      Well-maintained industrial warehouse with drive-in bays and fenced yard.
      8681 Rosemary St, Commerce City, CO 80022
      View Details

    FAQs

    What type of property is this?
    Quadplex - Four-unit property with modern upgrades and strong rental income.
    Where is this quadplex located?
    The property is located at 5997 Magnolia St Commerce City, CO.
    What is the asking price?
    The asking price for this property is $775,000.
    What are key features of this property?
    This property features: Cash‑flowing four‑unit investment property.; Diverse unit mix appeals to a wide tenant base.; Significant capital improvements completed: **full interior renovations, new roof.**
    (781) 733-3732
    We can help!
    Listing Contact
    Will McCauley
    Real Estate License ID: #100087986
    Learn More
    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.
    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!