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Property profile & analytics
FOR LEASE
Distribution centers
1630 E 66Th Ave Denver, CO 80229
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US13-1153041
For Lease
1 / 12
$11 SF/Yr
1630 E 66Th Ave, Denver, CO 80229
View Listing →
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2006
Total area
14,600 SF
Lot
1.37 ac (59,677 SF)
APN
R0125400
UPID
US13-1153041
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
$2.82M
CAP Approach
CAP
$1.80M
Comparable Approach
Comparable
$2.44M
Blend (final)
Blend
$2.78M
Owner & transaction history
Triple L 66 Avenue LLC · 3 yrs held
Triple L 66 Avenue LLC
since 2023
Last sale
$3.4M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$4.5M
+93.5%
Medical building
$4.4M
+89.0%
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 Denver submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Denver 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
$2,840,000
ML approach
$2,820,000
CAP Approach
CAP Return
Estimation
6%
$1,945,000
6.5%
$1,795,000
7%
$1,665,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,345,000
Current use
APARTMENT HOUSE (5+ UNITS)
$4,540,000
Change: +94% · Conversion: Difficult
MEDICAL BUILDING
$4,435,000
Change: +89% · Conversion: Difficult
Blend value · Realmo final
$2.78M
Range $2.50M – $3.06M · ±10% · vs last sale $3.40M (Jun 2 2023)
Last sale anchor
$3.40M
Jun 2 2023
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
$190 / 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
$68,234
Tax year 2023
Assessed value
$632,910
Assessed 2023
Previous assessed
$509,540
+24.2% YoY
Effective rate
10.78%
On assessed value
Assessed land
$187,310
Assessed improvement
$445,600
Land market value
$671,369
Improvement market value
$1,597,132
Total market value
$2,268,501
Applied tax rate
85.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
For Lease
Year built
2006
Heating
RADIANT
Stories
1
Total area
14,600 SF
Lot
1.37 ac (59,677 SF)
APN
R0125400
UPID
US13-1153041
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
WAREHOUSE, STORAGE Current
Est. value
$2.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.5M
MEDICAL BUILDING
Est. value
$4.4M
WAREHOUSE, STORAGE Current
APARTMENT HOUSE (5+ UNITS)
MEDICAL 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
2006
Heating
RADIANT
Stories
1
Lot
1.37 ac
Current owner
From public records · entity-resolved
Triple L 66 Avenue LLC
Entity
Mailing address
130TH HENDERSEN, HENDERSON, CO 80640
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
Jun 2, 2023
$3,400,000
Triple L 66 Avenue LLC
1630 Enterprises LLC
Special Warranty Deed
—
Mar 21, 2008
—
1630 Ents LLC
Chase,daniel L & Anne M
Quit Claim Deed
related
—
Jul 6, 2007
—
Daniel L Chase
Highland Properties 1205 LLC
Quit Claim Deed
related
—
May 18, 2006
$289,700
Daniel L Chase
Highland Properties 1205 LLC
Grant Deed
—
Dec 22, 2005
$115,500
Daniel L Chase
Highland Properties 1205 LLC
Grant Deed
—
Jul 11, 2005
$195,534
Daniel L Chase
Highland Properties 1205 LLC
Grant Deed
—
Apr 4, 2005
$239,000
Highland Properties 1205 LLC
Dvh Investments LLC
Warranty Deed
$242,826 · Firstbank Of Longmont
Nov 30, 2000
$149,000
S & P Development LLC
Covillo,mary
Grant Deed
$155,596 · Individual
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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