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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Medical Office Space
15200 104th Ave Commerce City, CO 80022-9704
Entity Owned
2-yr Hold
Free & Clear
Property ID
US13-1786698
Property profile
Verified
Property type
Medical Office Space
Use group
DENTAL BUILDING
Year built
2015
Total area
3,285 SF
Lot
0.61 ac (26,397 SF)
APN
R0184701
UPID
US13-1786698
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
$410k
CAP Approach
CAP
$670k
Comparable Approach
Comparable
$447k
Blend (final)
Blend
$510k
Owner & transaction history
A & J Star Alliances LLC · 2 yrs held
A & J Star Alliances LLC
since 2023
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 Commerce City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Commerce City 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
by Request
ML approach
$410,000
CAP Approach
CAP Return
Estimation
6%
$725,000
6.5%
$670,000
7%
$620,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$840,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$510k
Range $459k – $561k · ±10%
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
$155 / 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
$43,334
Tax year 2023
Assessed value
$282,930
Assessed 2023
Previous assessed
$359,950
-21.4% YoY
Effective rate
15.32%
On assessed value
Assessed land
$110,490
Assessed improvement
$172,440
Land market value
$396,030
Improvement market value
$618,070
Total market value
$1,014,100
Applied tax rate
176.0000
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
Medical Office Space
Use group
DENTAL BUILDING
Status
Off-Market
Year built
2015
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Total area
3,285 SF
Lot
0.61 ac (26,397 SF)
APN
R0184701
UPID
US13-1786698
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
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$840,000
OFFICE BUILDING
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
2015
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.61 ac
Current owner
From public records · entity-resolved
A & J Star Alliances LLC
Entity
Free & Clear · 2 yrs held
Mailing address
15200 E 104TH AVE, COMMERCE CITY, CO 80022-9704
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 17, 2025
—
A & J Star Alliances LLC
—
Deed
related
$1,359,103 · Us Bank NA
Sep 18, 2023
—
A & J Star Alliances LLC
A & J Allianc INC
Special Warranty Deed
—
Dec 28, 2022
—
A & J Star Alliances LLC
A & J Alliance INC
Special Warranty Deed
—
Aug 19, 2020
—
A & J Alliance INC
—
Deed
related
$2,025,000 · Live Oak Bkg
Jul 2, 2020
$1,800,000
Garvin Partners Ltd
104th & Chambers Dev LLC
Grant Deed
$2,025,000 · Live Oak Bkg
Mar 11, 2016
$865,000
Garvin Partners Ltd
104th & Chambers Dev LLC
Grant Deed
—
Jan 27, 2015
$330,000
104th & Chambers Development LLC
Sw 104th LLC
Special Warranty Deed
related
$1,000,000 · Guaranty Bank & Trust Co
—
—
A & J Alliance INC
—
Deed Of Trust
related
$2,025,000 · Live Oak Bkg
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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