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Property profile & analytics
OFF-MARKET
Estimated value
$985,000
Showrooms
10825 Irma Dr Northglenn, CO 80233-3610
Individually Owned
27-yr Hold
~
Est. High Equity
Property ID
US13-0634111
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1984
Total area
4,400 SF
Lot
0.63 ac (27,443 SF)
APN
R0037818
UPID
US13-0634111
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
$960k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$985k
Owner & transaction history
Enrique I Vera · 27 yrs held
Enrique I Vera
since 1998
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.4M
+0.3%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,035,000
6.5%
$960,000
7%
$890,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,425,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,430,000
Change: +0% · Conversion: Difficult
RETAIL STORES
$1,415,000
Change: -1% · Conversion: Easy
MEDICAL BUILDING
$1,335,000
Change: -6% · Conversion: Easy
Blend value · Realmo final
$985k
Range $887k – $1.08M · ±10%
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
$224 / 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
$26,820
Tax year 2023
Assessed value
$212,350
Assessed 2023
Previous assessed
$211,060
+0.6% YoY
Effective rate
12.63%
On assessed value
Assessed land
$49,780
Assessed improvement
$162,570
Land market value
$178,425
Improvement market value
$582,675
Total market value
$761,100
Applied tax rate
134.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1984
Heating
SPACE
Stories
1
Total area
4,400 SF
Lot
0.63 ac (27,443 SF)
APN
R0037818
UPID
US13-0634111
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
COMMERCIAL (GENERAL) Current
Est. value
$1.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.4M
RETAIL STORES
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.3M
COMMERCIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
MEDICAL BUILDING
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
1984
Heating
SPACE
Stories
1
Lot
0.63 ac
Current owner
From public records · entity-resolved
Enrique I Vera
Individual
Mailing address
10825 IRMA DR, NORTHGLENN, CO 80233-3610
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
1998
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 20, 2026
—
Vera Enrique
—
Deed
related
$1,245,000 · First Bank
May 8, 2023
—
Enrique I Vera
—
Deed
related
$1,150,000 · Firstbank
Jun 5, 2020
—
Enrique I Vera
—
Deed
related
$750,000 · Firstbank
Nov 3, 2017
—
Enrique I Vera
—
Deed
related
$199,900 · Firstbank
Jul 28, 1998
$340,000
Enrique I Vera
J E M 's Masonry Co INC
Grant Deed
$242,746 · Norwest Bank Colorado
—
—
Enrique I Vera
—
Deed Of Trust
related
$250,000 · Compass Bank
—
—
Enrique I Vera
—
Deed Of Trust
related
$100,000 · Compass Bank
—
—
Enrique I Vera
—
Deed Of Trust
related
$70,000 · Compass Bank
—
—
Enrique I Vera
—
Deed Of Trust
related
$296,357 · Firstbank NA
—
—
Enrique I Vera
—
Deed Of Trust
related
$750,000 · Firstbank
—
—
Enrique I Vera
—
Deed Of Trust
related
$199,900 · Firstbank
—
—
Enrique L Vere
—
Deed Of Trust
related
$170,000 · Wells Fargo Bank West 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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