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Property profile & analytics
OFF-MARKET
Estimated value
$6,660,000
Drug stores
16440 Arapahoe Rd Foxfield, CO 80016-1514
Entity Owned
5-yr Hold
Free & Clear
Property ID
US13-1216229
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
14,605 SF
Lot
2.08 ac (90,605 SF)
APN
2073-29-1-08-008
UPID
US13-1216229
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.21M
Blend (final)
Blend
$6.66M
Owner & transaction history
5 Washington Square Associates · 5 yrs held
5 Washington Square Associates
since 2020
Last sale
$6.6M
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$6.0M
+27.2%
Auto repair, garage
$5.9M
+24.5%
Neighborhood: shopping center
$4.7M
+0.9%
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 Foxfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Foxfield 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
$8,235,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$4,695,000
Current use
RESTAURANT
$5,975,000
Change: +27% · Conversion: Easy
AUTO REPAIR, GARAGE
$5,850,000
Change: +25% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$4,740,000
Change: +1% · Conversion: Moderate
COMMERCIAL (GENERAL)
$4,725,000
Change: +1% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$4,540,000
Change: -3% · Conversion: Difficult
MEDICAL BUILDING
$4,435,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$6.66M
Range $5.99M – $7.33M · ±10% · vs last sale $6.60M (Nov 12 2020)
Last sale anchor
$6.60M
Nov 12 2020
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
$456 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$102,829
Tax year 2021
Assessed value
$1,071,361
Assessed 2023
Previous assessed
$1,088,327
-1.6% YoY
Effective rate
9.60%
On assessed value
Land market value
$2,266,500
Improvement market value
$1,603,500
Total market value
$3,870,000
Applied tax rate
1,889.0000
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Total area
14,605 SF
Lot
2.08 ac (90,605 SF)
APN
2073-29-1-08-008
UPID
US13-1216229
Jurisdiction
ARAPAHOE
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
RETAIL STORES Current
Est. value
$4.7M
RESTAURANT
Est. value
$6.0M
AUTO REPAIR, GARAGE
Est. value
$5.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.7M
COMMERCIAL (GENERAL)
Est. value
$4.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.5M
MEDICAL BUILDING
Est. value
$4.4M
RETAIL STORES Current
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
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
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Lot
2.08 ac
Current owner
From public records · entity-resolved
5 Washington Square Associates
Entity
Free & Clear · 5 yrs held
Mailing address
3053 FILLMORE ST #113, SAN FRANCISCO, CA 94123-4009
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 31, 2022
—
5 Washington Square Associates LLC
—
Deed
related
$1,800,000 · Ameritas Life Insurance Corp
Nov 12, 2020
—
5 Washington Square Associates
Washington Square Associates L
Quit Claim Deed
related
—
Dec 27, 2007
$6,600,000
Washington Square Assocs LLC
Nld Holdings II LLC
Grant Deed
$2,775,000 · Cuna Mutual Insurance Society
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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