Property profile

1551 Milky Way Thornton, CO 80260

OFF-MARKET
Medical Office Space
Property ID
US13-0811281
5,769 SF 0.97 ac lot Built 1986
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1986
Total area 5,769 SF
Lot 0.97 ac (42,253 SF)
APN R0059360
UPID US13-0811281

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician

Location

1551 Milky Way Thornton, CO 80260-4713
Thornton metro Census 9318 DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.34M
CAP Approach CAP
$1.18M
Comparable Approach Comparable
$1.34M
Blend (final) Blend
$1.28M

Owner & transaction history

since 2020
Last sale
$1.1M
3 recorded transactions
2020
Price N/A
2020
$1.1M
2015
Price N/A

Zoning & alternative use

Top alternative use upside
Neighborhood: shopping center $1.9M +6.9%
Commercial (general) $1.9M +6.6%
Retail stores $1.9M +5.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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