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Property profile & analytics
OFF-MARKET
Estimated value
$2,165,000
Retail space
1885 120th Ave Westminster, CO 80234-3279
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US13-0875118
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2005
Total area
11,066 SF
Lot
3.18 ac (138,347 SF)
APN
R0172825
UPID
US13-0875118
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
Current use
Occupant on record · Public records
-
4G Insurance: Allstate Insurance Insurance Agency
-
Allstate Insurance: Patrick Gonzales Insurance Agency
-
GOLFTEC Westminster Golf Instructor
-
Be Loved Salon and Style Lounge Hair Salon Nail Salon
-
Lavender Massage Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.08M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.17M
Owner & transaction history
Park Centre 120th LLC · 12 yrs held
Park Centre 120th LLC
since 2013
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 Westminster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Westminster 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
by Request
CAP Approach
CAP Return
Estimation
6%
$2,245,000
6.5%
$2,075,000
7%
$1,925,000
Blend value · Realmo final
$2.17M
Range $1.95M – $2.38M · ±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
$196 / 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
$256,199
Tax year 2023
Assessed value
$2,562,250
Assessed 2023
Previous assessed
$2,356,230
+8.7% YoY
Effective rate
10.00%
On assessed value
Assessed land
$231,590
Assessed improvement
$2,330,660
Land market value
$830,070
Improvement market value
$8,353,630
Total market value
$9,183,700
Applied tax rate
150.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2005
Heating
YES
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Total area
11,066 SF
Lot
3.18 ac (138,347 SF)
APN
R0172825
UPID
US13-0875118
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
2005
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
3.18 ac
Current owner
From public records · entity-resolved
Park Centre 120th LLC
Entity
Mailing address
6301 FEDERAL BLVD UNIT #3, DENVER, CO 80221-2029
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 23, 2020
—
Park Centre 120th LLC
—
Deed
related
$2,244,000 · Bank Of The West
Sep 24, 2018
—
Park Centre 120th LLC
—
Deed
related
$2,331,700 · North Vly Bk
Jul 26, 2013
—
Park Centre 120th LLC
Lambertson Water Trust
Grant Deed
related
$2,878,000 · North Valley Bank
Nov 30, 2007
—
Kgl LLC
Garden Inv LLC
Warranty Deed
related
—
Jul 6, 2006
$4,900,000
Garden Investment LLC
Dsf Investments LLC
Grant Deed
related
$2,500,000 · North Valley Bank
—
—
Park Centre 120th LLC
—
Deed Of Trust
related
$2,244,000 · Bank Of The West
—
—
Park Centre 120th LLC
—
Loan Modification
related
$2,331,700 · North Vly Bk
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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