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Property profile & analytics
OFF-MARKET
Banks
10701 Melody Dr Northglenn, CO 80234-4130
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US13-0817143
Property summary
AI-generated overview
This six-story, Class B office building at 10701 Melody Drive in Northglenn, Colorado, offers 65,519 square feet of versatile space. Built in 1972, the property boasts recently updated suites and renovated common areas and restrooms, complemented by convenient elevator access. Multiple tenancy options are available, with spaces ranging from a minimum of 914 square feet to a maximum contiguous space of 3,294 square feet
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1972
Total area
265 SF
Lot
1.22 ac (53,143 SF)
APN
R0037170
UPID
US13-0817143
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
by Request
Owner & transaction history
Concentus Partners LLC · 9 yrs held
Concentus Partners LLC
since 2016
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Northglenn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Northglenn 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
—
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
$13,661
Tax year 2023
Assessed value
$108,160
Assessed 2023
Previous assessed
$173,240
-37.6% YoY
Effective rate
12.63%
On assessed value
Assessed land
$61,260
Assessed improvement
$46,900
Land market value
$219,574
Improvement market value
$168,097
Total market value
$387,671
Applied tax rate
807.0000
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1972
Heating
OTHER
Cooling
OTHER
Stories
1
Total area
265 SF
Lot
1.22 ac (53,143 SF)
APN
R0037170
UPID
US13-0817143
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
Building & site characteristics
From public records
Year built
1972
Heating
OTHER
Cooling
Yes
Stories
1
Lot
1.22 ac
Current owner
From public records · entity-resolved
Concentus Partners LLC
Entity
Mailing address
520 ZANG ST STE #222, BROOMFIELD, CO 80021-8224
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 1, 2016
$3,800,000
Concentus Partners LLC
10701 Melody Drive LLC
Trustees Deed
$3,200,000 · Firstbank
—
—
10701 Melody Drive LLC
—
Deed Of Trust
related
$300,000 · Horizons Banks NA
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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