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Property profile & analytics
OFF-MARKET
Estimated value
$3,230,000
Car washes
1398 Wadsworth Blvd Lakewood, CO 80232-5439
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US13-2535913
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
2005
Construction
STEEL FRAME
Total area
4,155 SF
Lot
0.49 ac (21,170 SF)
APN
49-231-00-012
UPID
US13-2535913
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
$3.21M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.19M
Blend (final)
Blend
$3.23M
Owner & transaction history
Muth Properties LLC · 5 yrs held
Muth Properties LLC
since 2021
Last sale
$3.8M
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 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
$3,210,000
ML approach
$3,210,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.23M
Range $2.91M – $3.55M · ±10% · vs last sale $3.77M (May 24 2021)
Last sale anchor
$3.77M
May 24 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
$777 / 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
$32,466
Tax year 2023
Assessed value
$355,828
Assessed 2023
Previous assessed
$355,828
+0.0% YoY
Effective rate
9.12%
On assessed value
Assessed land
$138,801
Assessed improvement
$217,027
Land market value
$497,495
Improvement market value
$807,876
Total market value
$1,305,371
Applied tax rate
7,015.0000
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
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
2005
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
AC.PACKAGE
Stories
2
Units
1
Total area
4,155 SF
Lot
0.49 ac (21,170 SF)
APN
49-231-00-012
UPID
US13-2535913
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
2005
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
Yes
Stories
2
Units
1
Lot
0.49 ac
Current owner
From public records · entity-resolved
Muth Properties LLC
Entity
Mailing address
800 INDUSTRIAL RD, BALDWIN CITY, KS 66006-4105
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 24, 2021
$3,768,500
Muth Properties LLC
Se Buckys Lakewood LLC
Special Warranty Deed
$3,014,000 · Citizens State Bank
Dec 31, 2020
$2,000,000
Se Buckys Lakewood LLC
Rodajo INC
Grant Deed
$1,520,000 · Rodajo INC
Jul 31, 2009
$690,000
Rodajo INC
Bank Of The West
Grant Deed
—
Mar 5, 2009
—
Bank Of The West
Deputy Public Te Of Jefferson Cnt
Trustees Deed
related
—
Jan 30, 2009
$801,000
Charles J Armijo
Chief Deputy Public Te Of Jeffers
Certificate Of Purchase
$1,250,000
Sep 21, 2004
—
City Of Lakewood
Armijo,charles J & Annette L
Quit Claim Deed
related
—
—
—
Rodajo INC
—
Deed Of Trust
related
$532,000 · Colorado Lending Source Ltd
—
—
Rodajo INC
—
Deed Of Trust
related
$875,000 · Colorado Business Bank NA
—
—
Charles J Armijo
—
Deed Of Trust
related
$80,000 · Community First National Bank
—
—
Charles J Armijo
—
Deed Of Trust
related
$115,000 · Community First National Bank
—
—
Rodajo INC
—
Deed Of Trust
related
$399,900 · Fred W Brown
—
—
Rodajo INC
—
Deed Of Trust
related
$875,000 · Colorado Business Bank NA
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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