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Property profile & analytics
FOR LEASE
Retail space
13640 Orchard Pkwy, Westminster, CO 80023
Entity Owned
4-yr Hold
Free & Clear
Property ID
US13-0692537
For Lease
1 / 2
$10,275,000
13640 Orchard Pkwy, Westminster, CO 80023
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2006
Total area
7,857 SF
Lot
3.61 ac (157,077 SF)
APN
R0169058
UPID
US13-0692537
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
Current use
Occupant on record · Public records
-
Starbucks Cafe & Coffee Shop
-
Ji Won Jung Dental Office
-
Pristine Hair Salon Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.58M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.28M
Owner & transaction history
Cocos Palace LLC · 4 yrs held
Cocos Palace LLC
since 2021
Last sale
$9.9M
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 Westminster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Westminster 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
$10,830,000
ML approach
$10,580,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$10.28M
Range $9.25M – $11.30M · ±10% · vs last sale $9.85M (Jul 9 2021)
Last sale anchor
$9.85M
Jul 9 2021
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
$1,308 / 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
$288,374
Tax year 2023
Assessed value
$2,486,200
Assessed 2023
Previous assessed
$2,864,240
-13.2% YoY
Effective rate
11.60%
On assessed value
Assessed land
$482,010
Assessed improvement
$2,004,190
Land market value
$1,727,638
Improvement market value
$7,183,462
Total market value
$8,911,100
Applied tax rate
724.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
2006
Heating
YES
Cooling
YES
Buildings
3
Stories
1
Total area
7,857 SF
Lot
3.61 ac (157,077 SF)
APN
R0169058
UPID
US13-0692537
Jurisdiction
ADAMS
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
2006
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Lot
3.61 ac
Current owner
From public records · entity-resolved
Cocos Palace LLC
Entity
Free & Clear · 4 yrs held
Mailing address
16 VIS RD, CHERRY HILLS, CO 80113-4921
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 9, 2021
$9,850,000
Cocos Palace LLC
T 2 Ventures LLC
Special Warranty Deed
—
Nov 4, 2019
—
E Suzanne Mowery
Foster Family LLC
Grant Deed
related
—
Apr 30, 2019
—
Foster Family LLC
Mowrey,e Suzanne
Grant Deed
related
—
Jun 25, 2018
—
T-2 Ventures LLC
—
Deed
related
$6,000,000 · Wells Fargo Bk
May 13, 2016
$8,015,000
T-2 Ventures LLC
Pwreo Westminster LLC
Grant Deed
$5,000,000 · Wells Fargo Bk
Aug 9, 2012
$4,050,000
Pwreo Westminster LLC
Armstrong Westminster 136th Ll
Grant Deed
—
Nov 17, 2011
—
Armstrong Westminster 136th Ll
—
Deed Of Trust
related
$5,000,000 · Huntington National Bank
Nov 4, 2011
—
Armstrong Westminster 136th Ll
Public Trustee Of Adams County
Trustees Deed
related
—
Feb 27, 2008
$9,675,000
Westminster Beach LLC
Armstrong Westminster 136th Ll
Grant Deed
related
$6,750,000 · Armstrong Westminster 136th Ll
—
—
T-2 Ventures LLC
—
Loan Modification
related
$6,000,000 · Wells Fargo Bk
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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