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Property profile & analytics
OFF-MARKET
Estimated value
$1,590,000
Turn key restaurants
2100 104th Ave Thornton, CO 80233-4313
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US13-1063994
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1973
Total area
4,438 SF
Lot
0.79 ac (34,412 SF)
APN
R0040815
UPID
US13-1063994
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
$1.65M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$995k
Blend (final)
Blend
$1.59M
Owner & transaction history
S&p Corp A Colorado Corporation · 3 yrs held
S&p Corp A Colorado Corporation
since 2023
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.9M
+13.8%
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
$1,665,000
ML approach
$1,645,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,660,000
Current use
AUTO REPAIR, GARAGE
$1,890,000
Change: +14% · Conversion: Difficult
RETAIL STORES
$1,610,000
Change: -3% · Conversion: Easy
Blend value · Realmo final
$1.59M
Range $1.43M – $1.75M · ±10% · vs last sale $1.53M (May 30 2023)
Last sale anchor
$1.53M
May 30 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
$358 / 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
$28,345
Tax year 2023
Assessed value
$257,280
Assessed 2023
Previous assessed
$284,700
-9.6% YoY
Effective rate
11.02%
On assessed value
Assessed land
$96,180
Assessed improvement
$161,100
Land market value
$344,730
Improvement market value
$577,436
Total market value
$922,166
Applied tax rate
180.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1973
Heating
OTHER
Cooling
OTHER
Stories
1
Total area
4,438 SF
Lot
0.79 ac (34,412 SF)
APN
R0040815
UPID
US13-1063994
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
RESTAURANT Current
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$1.9M
RETAIL STORES
Est. value
$1.6M
RESTAURANT Current
AUTO REPAIR, GARAGE
RETAIL STORES
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
1973
Heating
OTHER
Cooling
Yes
Stories
1
Lot
0.79 ac
Current owner
From public records · entity-resolved
S&p Corp A Colorado Corporation
Entity
Mailing address
2100 E 104TH AVE, THORNTON, CO 80233-4313
Mailing matches property
Yes
Owner-occupied
Yes
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 30, 2023
$1,525,000
S&p Corp A Colorado Corporation
Holts LLC
Special Warranty Deed
$2,311,500 · Wells Fargo Bank NA
Oct 1, 2014
$650,000
Holts LLC
Hermann & Company LLC
Warranty Deed
$650,000 · Reinvestment INC
Apr 4, 2008
—
Hermann & Co LLC
—
Trustees Deed
related
$25,000 · Real Estate Entities LLC
Jan 29, 2008
—
Hermann & Co LLC
—
Trustees Deed
related
$60,000 · Real Estate Entities LLC
Dec 17, 2007
—
Hermann & Co LLC
—
Trustees Deed
related
$40,000 · Real Estate Entities LLC
Sep 24, 2007
—
Hermann & Co LLC
—
Trustees Deed
related
$30,000 · Real Estate Entities LLC
—
—
Hermann & Co LLC
—
Deed Of Trust
related
$200,000 · Guaranty Bank
—
—
Hermann & Co LLC
—
Deed Of Trust
related
$100,000 · Guaranty Bank
—
—
Hermann & Co LLC
—
Deed Of Trust
related
$200,000 · Guaranty Bank
—
—
Hermann & Co LLC
—
Deed Of Trust
related
$451,000 · Direct Equity Network LLC
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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