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Property profile & analytics
OFF-MARKET
Industrial properties
11636 Shaffer Pl 308 Littleton, CO 80127
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US13-1720111
Property profile
Verified
Property type
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Year built
2012
Construction
STEEL FRAME
Total area
960 SF
APN
59-321-09-024
UPID
US13-1720111
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
Joseph Palazzolo · 2 yrs held
Joseph Palazzolo
since 2024
Last sale
$319,900
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 Littleton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Littleton 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
$6,200
Tax year 2023
Assessed value
$64,282
Assessed 2023
Previous assessed
$64,282
+0.0% YoY
Effective rate
9.65%
On assessed value
Assessed improvement
$64,282
Improvement market value
$230,400
Total market value
$230,400
Applied tax rate
4,844.0000
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
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Status
Off-Market
Year built
2012
Construction
STEEL FRAME
Heating
SPACE
Units
1
Total area
960 SF
APN
59-321-09-024
UPID
US13-1720111
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
2012
Construction
STEEL FRAME
Heating
SPACE
Units
1
Current owner
From public records · entity-resolved
Joseph Palazzolo
Individual
Mailing address
4900 W BOW MAR DRD, LITTLETON, CO 80123-1511
Ownership since
2024
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
Jul 3, 2024
$319,900
Joseph Palazzolo
Kent Richard Cherne
Special Warranty Deed
$160,000 · Colorado Cu
Aug 2, 2022
$285,000
Kent Richard Cherne
Jeffrey S And Violeta M Polk Rev Tr
Special Warranty Deed
—
Jun 16, 2017
$160,000
Polk,jeffrey S & Violeta M Trust
Case,douglas J & Kimberly G
Grant Deed
—
Aug 4, 2015
$150,000
Douglas J Case
Kemp,james O & Mary K
Grant Deed
—
Sep 12, 2013
$128,900
James O Kemp
Garagetown Ken Caryl Ltd
Special Warranty Deed
—
—
—
Kemp,james O & Mary K
—
Deed Of Trust
related
$90,000 · Firstbank
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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