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Property profile & analytics
OFF-MARKET
Estimated value
$6,545,000
Car washes
1600 104th Ave Thornton, CO 80233-4358
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US13-2213641
Property profile
Verified
Property type
Car washes
Use group
CAR WASH - AUTOMATED
Year built
2019
Total area
2,836 SF
Lot
0.92 ac (39,945 SF)
APN
R0191693
UPID
US13-2213641
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
$6.07M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.55M
Owner & transaction history
Cobblestone Denver Propco LLC · 4 yrs held
Cobblestone Denver Propco LLC
since 2022
Last sale
$6.9M
4 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 Thornton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Thornton 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
$6,260,000
ML approach
$6,070,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.55M
Range $5.89M – $7.20M · ±10% · vs last sale $6.93M (Mar 22 2022)
Last sale anchor
$6.93M
Mar 22 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
$2,308 / 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
$25,022
Tax year 2023
Assessed value
$227,120
Assessed 2023
Previous assessed
$301,390
-24.6% YoY
Effective rate
11.02%
On assessed value
Assessed land
$122,540
Assessed improvement
$104,580
Land market value
$439,197
Improvement market value
$374,824
Total market value
$814,021
Applied tax rate
927.0000
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 - AUTOMATED
Status
Off-Market
Year built
2019
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Total area
2,836 SF
Lot
0.92 ac (39,945 SF)
APN
R0191693
UPID
US13-2213641
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
2019
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.92 ac
Current owner
From public records · entity-resolved
Cobblestone Denver Propco LLC
Entity
Mailing address
8900 E BAHIA DR, SCOTTSDALE, AZ 85260-1592
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
Mar 22, 2022
$6,930,000
Cobblestone Denver Propco LLC
G And M Car Wash LLC
Special Warranty Deed
—
Aug 13, 2018
—
G And M Car Wash LLC
—
Deed
related
$870,000 · Capitol Bank
Jun 21, 2018
—
G And M Car Wash LLC
—
Deed
related
$1,490,000 · Capitol Bank
Apr 13, 2018
—
G & M Car Wash LLC
Wal-mart R/e Busn Trust
Grant Deed
—
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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