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Property profile & analytics
FOR SALE
Office buildings
11049 W 44Th Ave Wheat Ridge, CO 80033
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US13-2796509
For Sale
1 / 2
$2,000,000
11049 W 44Th Ave, Wheat Ridge, CO 80033
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1973
Construction
STEEL FRAME
Total area
15,641 SF
Lot
0.76 ac (33,236 SF)
APN
39-212-00-066
UPID
US13-2796509
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
$1.85M
Blend (final)
Blend
$1.89M
Owner & transaction history
Lhome Star LLC · 7 yrs held
Lhome Star LLC
since 2019
6 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 Wheat Ridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wheat Ridge 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.89M
Range $1.70M – $2.07M · ±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
$121 / 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
$44,043
Tax year 2023
Assessed value
$479,517
Assessed 2023
Previous assessed
$479,517
+0.0% YoY
Effective rate
9.18%
On assessed value
Assessed land
$217,912
Assessed improvement
$261,605
Land market value
$781,046
Improvement market value
$967,654
Total market value
$1,748,700
Applied tax rate
3,109.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1973
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Buildings
2
Stories
3
Total area
15,641 SF
Lot
0.76 ac (33,236 SF)
APN
39-212-00-066
UPID
US13-2796509
Jurisdiction
JEFFERSON
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
1973
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
3
Buildings
2
Lot
0.76 ac
Current owner
From public records · entity-resolved
Lhome Star LLC
Entity
Mailing address
11495 W 20TH AVE, LAKEWOOD, CO 80215-1268
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 2, 2024
—
Lhone Star LLC
—
Deed
related
$200,000 · Htlf Bank
Jun 28, 2022
—
Subapros Holdings LLC
—
Deed
related
$609,206 · Blue FCU
Apr 3, 2019
$1,700,000
Lhome Star LLC
58558 Wadsworth LLC
Special Warranty Deed
$815,000 · Citywide Banks
Aug 15, 2012
$1,055,000
5855b Wadsworth LLC
Pwt Parfet Building LLP
Warranty Deed
$791,250 · Firstbank
Mar 18, 2005
$930,000
Pwt Parfet Building LLP
Krowczyk General Partnership
Warranty Deed
$744,000 · Us Bank NA
Nov 22, 2002
$850,000
Krowczyk General Partnership
S & P Development LLC
Grant Deed
$595,000 · Bank Of Denver
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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