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    12801 Colorado Blvd Thornton, CO 80241-2101
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    Property profile & analytics

    12801 Colorado Blvd, Thornton, CO 80241-2101

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    • Banks
    • 4,373 SF
    • 1.12 lot acres
    Off-Market
    Last Sale Nov 12, 2024
    $2,213,000
    Property ID
    US13-1290480
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $2,290,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Banks

    Property Details for 12801 Colorado Blvd

    Year built
    2009
    Lot size
    1.12 lot acres
    Property type
    Banks
    APN
    R0147650
    APU
    R0147650

    Description

    This exceptional investment opportunity presents a 4,373 square foot, Class A retail bank building in Thornton, Colorado, fully occupied by Key Bank under an absolute triple net (NNN) ground lease. The property boasts a 6.94% cap rate and a strong net operating income (NOI) of $159,720, with a sale price of $2,300,000 ($525.95/sq ft). Built in 2009, this single-story building sits on a substantial 1.12-acre lot (48,787.2 sq ft) and features a drive-thru. The credit-rated tenant, Key Bank, ensures a stable, long-term income stream with 100% occupancy. The ground lease structure minimizes landlord responsibilities, making this an ideal low-maintenance investment. Located on Colorado Boulevard in Adams County (zip code 80241), the property benefits from high visibility and accessibility in a thriving area. This investment offers a secure income stream with potential for future appreciation, given the property's prime location and the tenant's financial strength. The long-term lease provides a predictable cash flow, making this an attractive opportunity for investors seeking a passive income source with minimal management requirements.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,405,000
      ML approach
      $2,320,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,776,000
      Market price range: $1.39M - $2.76M
    • Alternative Use

      Use
      Estimation
      FINANCIAL BUILDING
      $2,060,000
      Current use
      AUTO REPAIR, GARAGE
      $1,750,000
      Change: -15% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Thornton
    County
    Adams
    State
    Colorado
    Longitude
    -104.941
    Latitude
    39.9288
    CBSA code
    19740
    CBSA name
    DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $51,397
    $135,910
    $330,610
    $466,520
    -
    $487,140
    $1,184,990
    $1,672,130
    More about this property
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