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Property profile & analytics
OFF-MARKET
Estimated value
$3,630,000
Life science properties
1315 Lamar St Lakewood, CO 80214-2040
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US13-0445767
Property profile
Verified
Property type
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Year built
1963
Construction
STEEL FRAME
Total area
14,626 SF
Lot
0.69 ac (29,869 SF)
APN
49-012-10-019
UPID
US13-0445767
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
$3.37M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.57M
Blend (final)
Blend
$3.63M
Owner & transaction history
Two Creeks Investment Partners LLC · 4 yrs held
Two Creeks Investment Partners LLC
since 2022
Last sale
$4.4M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$6.0M
+77.2%
Auto repair, garage
$5.9M
+73.5%
Neighborhood: shopping center
$4.7M
+40.6%
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 Lakewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lakewood 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
$3,370,000
ML approach
$3,365,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
R&D FACILITY, LABORATORY, RESEARCH FACILITY, COSMETICS, PHARMACEUTICAL
$3,375,000
Current use
RESTAURANT
$5,980,000
Change: +77% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,860,000
Change: +74% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$4,745,000
Change: +41% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,735,000
Change: +40% · Conversion: Difficult
MEDICAL BUILDING
$4,440,000
Change: +32% · Conversion: Difficult
RETAIL STORES
$4,025,000
Change: +19% · Conversion: Difficult
Blend value · Realmo final
$3.63M
Range $3.27M – $3.99M · ±10% · vs last sale $4.43M (Feb 1 2022)
Last sale anchor
$4.43M
Feb 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
$248 / 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
$55,167
Tax year 2023
Assessed value
$611,707
Assessed 2023
Previous assessed
$611,707
+0.0% YoY
Effective rate
9.02%
On assessed value
Assessed land
$41,667
Assessed improvement
$570,040
Land market value
$149,345
Improvement market value
$2,073,155
Total market value
$2,222,500
Applied tax rate
7,041.0000
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
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Status
Off-Market
Year built
1963
Construction
STEEL FRAME
Heating
SPACE
Buildings
4
Stories
3
Total area
14,626 SF
Lot
0.69 ac (29,869 SF)
APN
49-012-10-019
UPID
US13-0445767
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
R&D FACILITY, LABORATORY, RESEARCH FACILITY, COSMETICS, PHARMACEUTICAL Current
Est. value
$3.4M
RESTAURANT
Est. value
$6.0M
AUTO REPAIR, GARAGE
Est. value
$5.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.7M
COMMERCIAL (GENERAL)
Est. value
$4.7M
MEDICAL BUILDING
Est. value
$4.4M
RETAIL STORES
Est. value
$4.0M
R&D FACILITY, LABORATORY, RESEARCH FACILITY, COSMETICS, PHARMACEUTICAL Current
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RETAIL STORES
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
1963
Construction
STEEL FRAME
Heating
SPACE
Stories
3
Buildings
4
Lot
0.69 ac
Current owner
From public records · entity-resolved
Two Creeks Investment Partners LLC
Entity
Mailing address
299 MILWAUKEE ST #313, DENVER, CO 80206-5042
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 1, 2022
$4,425,000
Two Creeks Investment Partners LLC
Orbit Properties LLC
Special Warranty Deed
—
Apr 9, 2010
$5,015
Regional Transportation Distri
Orbit Properties LLC
Grant Deed
—
Apr 9, 2010
—
Regional Transportation Distri
Orbit Properties LLC
Quit Claim Deed
related
—
—
—
Orbit Properties LLC
—
Deed Of Trust
related
$525,000 · Bank Of The West
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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