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Property profile & analytics
OFF-MARKET
Estimated value
$7,065,000
Retail space
10337 Washington St Thornton, CO 80229-2003
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US13-0063097
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2009
Total area
14,980 SF
Lot
2.07 ac (90,169 SF)
APN
R0178850
UPID
US13-0063097
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
$7.19M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.55M
Blend (final)
Blend
$7.07M
Owner & transaction history
Keystone 1031 Net Leased Port Key II · 4 yrs held
Keystone 1031 Net Leased Port Key II
since 2022
Last sale
$7.8M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$6.4M
+17.5%
Restaurant
$5.6M
+3.2%
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 Thornton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Thornton 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
Method
Estimation
Statistic approach
$7,030,000
ML approach
$7,185,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$5,435,000
Current use
AUTO REPAIR, GARAGE
$6,385,000
Change: +17% · Conversion: Difficult
RESTAURANT
$5,610,000
Change: +3% · Conversion: Easy
Blend value · Realmo final
$7.07M
Range $6.36M – $7.77M · ±10% · vs last sale $7.78M (Feb 8 2022)
Last sale anchor
$7.78M
Feb 8 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$472 / 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
$82,586
Tax year 2023
Assessed value
$749,620
Assessed 2023
Previous assessed
$1,163,820
-35.6% YoY
Effective rate
11.02%
On assessed value
Assessed land
$427,570
Assessed improvement
$322,050
Land market value
$1,532,499
Improvement market value
$1,154,301
Total market value
$2,686,800
Applied tax rate
927.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2009
Heating
YES
Cooling
YES
Stories
1
Total area
14,980 SF
Lot
2.07 ac (90,169 SF)
APN
R0178850
UPID
US13-0063097
Jurisdiction
ADAMS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$5.4M
AUTO REPAIR, GARAGE
Est. value
$6.4M
RESTAURANT
Est. value
$5.6M
RETAIL STORES Current
AUTO REPAIR, GARAGE
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2009
Heating
YES
Cooling
Yes
Stories
1
Lot
2.07 ac
Current owner
From public records · entity-resolved
Keystone 1031 Net Leased Port Key II
Individual
Mailing address
350 JERICHO TPKE STE #302, JERICHO, NY 11753-1317
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 8, 2022
$7,783,000
Keystone 1031 Net Leased Port Key II
10337 Wahsington Street Thornton Ll
Special Warranty Deed
$18,000,000 · Ubs Ag Tampa Branch
Oct 26, 2021
—
Us Stable Pi 10337 Wa Street Thornt
—
Deed
related
$5,000,000 · Truist Bank
Oct 1, 2021
$6,625,000
Us Stable P1 10337 Washiongton Stre
Pefcos Realty Corporation
Special Warranty Deed
—
Mar 6, 2012
$7,000,000
Pefcos Realty Corp
Wash-104 LLC
Grant Deed
$100,000 · Hauser Holdings LLC
Sep 10, 2008
$2,565,400
Wash 104 LLC
Walgreen
Grant Deed
—
Jul 27, 2005
$1,500,000
Walgreen Co
Sav-o-mat INC
Grant Deed
—
—
—
Wash-104 LLC
—
Deed Of Trust
related
$665,000 · Bmo Harris Bank
—
—
Wash-104 LLC
—
Deed Of Trust
related
$550,000 · Bmo Harris Bank
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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