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Property profile & analytics
OFF-MARKET
Estimated value
$1,930,000
Auto shops
18910 Longs Way, Parker, CO 80134-9016
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US13-0958981
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2000
Total area
6,250 SF
Lot
1.1 ac (47,916 SF)
APN
R0481167
UPID
US13-0958981
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
-
Hoover Mercedes Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.72M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.33M
Blend (final)
Blend
$1.93M
Owner & transaction history
Mhlk Properties LLC · 4 yrs held
Mhlk Properties LLC
since 2022
Last sale
$2.0M
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 Parker submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Parker 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
$1,605,000
ML approach
$1,715,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,685,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,345,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$1.93M
Range $1.74M – $2.12M · ±10% · vs last sale $2.00M (Jun 3 2022)
Last sale anchor
$2.00M
Jun 3 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
$309 / 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
$30,089
Tax year 2023
Assessed value
$348,750
Assessed 2023
Previous assessed
$235,620
+48.0% YoY
Effective rate
8.63%
On assessed value
Assessed land
$96,920
Assessed improvement
$251,830
Land market value
$347,391
Improvement market value
$902,609
Total market value
$1,250,000
Applied tax rate
3,366.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2000
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
6,250 SF
Lot
1.1 ac (47,916 SF)
APN
R0481167
UPID
US13-0958981
Jurisdiction
DOUGLAS
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
AUTO REPAIR, GARAGE Current
Est. value
$2.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.3M
AUTO REPAIR, GARAGE Current
NEIGHBORHOOD: SHOPPING CENTER
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
2000
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
1.1 ac
Current owner
From public records · entity-resolved
Mhlk Properties LLC
Entity
Mailing address
10235 S PROGRESS WAY UNIT #1, PARKER, CO 80134-9033
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 3, 2022
$2,000,000
Mhlk Properties LLC
Talljo Investments Co 1 LLC
Special Warranty Deed
$1,600,000 · Bokf NA
Sep 29, 2011
$402,243
Solsbury Hill Land Co LLC
Vickery-barrows LP
Grant Deed
$532,500 · Colorado Business Bank NA
Sep 29, 2011
$274,500
Talljo Investments Co 1 LLC
Vickery-barrows LP
Grant Deed
—
Mar 19, 2002
—
Barrows LP Vickery
Vickery,brenda
Quit Claim Deed
related
—
—
—
Talljo Investments Co 1 LLC
—
Deed Of Trust
related
$700,000 · Citywide Bk
—
—
Talljo Investments Co 1 LLC
—
Deed Of Trust
related
$200,000 · Great Western Bank
—
—
Vickery-barrows
—
Deed Of Trust
related
$160,000 · First National Bank/brewster
—
—
Dory B Doud
—
Deed Of Trust
related
$1,000,000 · Rolling Hills Bank & Trust
—
—
Vickery-barrows
—
Deed Of Trust
related
$120,000 · First National Bank/brewster
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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