Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$5,605,000
Office buildings
1111 Washington Ave Golden, CO 80401-1162
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US13-2768696
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1983
Construction
STEEL FRAME
Total area
10,704 SF
Lot
0.16 ac (7,000 SF)
APN
30-273-10-009
UPID
US13-2768696
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
$5.63M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.23M
Blend (final)
Blend
$5.61M
Owner & transaction history
Veragnes LLC · 3 yrs held
Veragnes LLC
since 2022
Last sale
$5.7M
7 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 Golden submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Golden 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
$5,500,000
ML approach
$5,625,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$4,380,000
Current use
RESTAURANT
$4,380,000
Change: 0% · Conversion: Moderate
AUTO REPAIR, GARAGE
$4,285,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$5.61M
Range $5.04M – $6.17M · ±10% · vs last sale $5.65M (Aug 1 2022)
Last sale anchor
$5.65M
Aug 1 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
$524 / 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
$92,023
Tax year 2023
Assessed value
$945,267
Assessed 2023
Previous assessed
$945,267
+0.0% YoY
Effective rate
9.74%
On assessed value
Assessed land
$312,480
Assessed improvement
$632,787
Land market value
$1,120,000
Improvement market value
$2,298,055
Total market value
$3,418,055
Applied tax rate
5,030.0000
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
Off-Market
Year built
1983
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Stories
3
Units
1
Total area
10,704 SF
Lot
0.16 ac (7,000 SF)
APN
30-273-10-009
UPID
US13-2768696
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
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$4.4M
RESTAURANT
Est. value
$4.4M
AUTO REPAIR, GARAGE
Est. value
$4.3M
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
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
1983
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
3
Units
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Veragnes LLC
Entity
Mailing address
4849 STUART ST, DENVER, CO 80212-2921
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
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2022
$5,650,000
Veragnes LLC
Two Oaks Washington LLC
Special Warranty Deed
$1,500,000 · Independent Bank
Jan 5, 2021
—
Rising Realty LLC
Two Oaks Washington LLC
Grant Deed
—
Sep 2, 2020
—
Two Oaks Washington LLC
—
Deed
related
$1,790,000 · Westerra Cu
Aug 30, 2019
$2,990,000
Two Oaks Washington LLC
1111 Washington Avenue LLC
Special Warranty Deed
$1,790,000 · Westerra Cu
Nov 30, 2017
—
1111 Washington Avenue LLC
—
Deed
related
$1,600,000 · Bank Of Co
Oct 18, 2017
$2,345,000
1111 Washington Avenue LLC
Golden Center LLC
Warranty Deed
—
Dec 12, 2012
$1,165,000
Golden Center LLC
Flynn Mmb Mortgage Fund LLC
Special Warranty Deed
$1,118,347 · Western Capital LLC
Apr 12, 2011
—
Flynn Ma/m Mortgage Fund LLC
Deputy Public Te Of Jefferson Cnt
Trustees Deed
related
—
Mar 22, 2011
$551,000
Bornstein Michael E Trust
Deputy Public Te Of Jefferson Cnt
Certificate Of Purchase
$850,000
Sep 27, 2006
$1,100,000
Michael E Bornstein Separate Proper
Alan E Johnston
Warranty Deed
$500,000 · Wells Fargo Bank NA
Aug 31, 2004
$800,000
Alan E Johnston
Lcb Ltd
Warranty Deed
$525,000 · Commercial Federal Bank
—
—
Michael E S P Bornstein
—
Deed Of Trust
related
$850,000 · Flynn Mmb Mortgage Fund
—
—
Michael E Bornstein
—
Deed Of Trust
related
$300,000 · Lawrence & Sandra J Bornstein
—
—
Lcb Ltd
—
Deed Of Trust
related
$200,000 · Wells Fargo Bank West NA
—
—
1111 Washington Avenue LLC
—
Deed Of Trust
related
$1,600,000 · Bank Of Co
—
—
Two Oaks Washington LLC
—
Loan Modification
related
$1,790,000 · Westerra Cu
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1111 Washington Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
