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Property profile & analytics
OFF-MARKET
Estimated value
$1,135,000
Retail space
2551 120th Ave Thornton, CO 80233-6504
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US13-1045669
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2000
Total area
4,050 SF
Lot
0.44 ac (19,297 SF)
APN
R0178320
UPID
US13-1045669
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
$1.24M
CAP Approach
CAP
$925k
Comparable Approach
Comparable
$1.17M
Blend (final)
Blend
$1.14M
Owner & transaction history
Daddy Dankz INC · 3 yrs held
Daddy Dankz INC
since 2023
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.7M
+17.5%
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
$1,230,000
ML approach
$1,240,000
CAP Approach
CAP Return
Estimation
6%
$1,000,000
6.5%
$925,000
7%
$855,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,470,000
Current use
AUTO REPAIR, GARAGE
$1,725,000
Change: +17% · Conversion: Difficult
Blend value · Realmo final
$1.14M
Range $1.02M – $1.25M · ±10% · vs last sale $1.13M (Apr 24 2023)
Last sale anchor
$1.13M
Apr 24 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
$280 / 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
$18,606
Tax year 2023
Assessed value
$168,880
Assessed 2023
Previous assessed
$235,750
-28.4% YoY
Effective rate
11.02%
On assessed value
Assessed land
$64,640
Assessed improvement
$104,240
Land market value
$231,672
Improvement market value
$373,628
Total market value
$605,300
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
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
2000
Heating
YES
Cooling
YES
Stories
1
Total area
4,050 SF
Lot
0.44 ac (19,297 SF)
APN
R0178320
UPID
US13-1045669
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
RETAIL STORES Current
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.7M
RETAIL STORES Current
AUTO REPAIR, GARAGE
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
YES
Cooling
Yes
Stories
1
Lot
0.44 ac
Current owner
From public records · entity-resolved
Daddy Dankz INC
Entity
Mailing address
465 S ELIOT ST, DENVER, CO 80219-2919
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
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 24, 2023
$1,125,000
Daddy Dankz INC
Pac Properties LLC
Special Warranty Deed
$625,000 · Firstbank
Oct 8, 2019
—
Pac Properties LLC
Compton Point LLC
Warranty Deed
—
Jan 2, 2019
$575,000
Compton Point LLC
2551 Property Partners LLC
Warranty Deed
—
Jun 1, 2017
$1,500,000
2551 Property Partners LLC
China 2008 LLC
Grant Deed
$12,500 · Dwr LLC
Jul 17, 2009
—
China 2008 LLC
Cottonwood Self Storage LLC
Grant Deed
$355,740 · Webbank
Apr 3, 2008
$585,000
China 2008 LLC
Outback Investments LLC
Grant Deed
$337,750 · Webbank
Nov 20, 2002
$425,000
Outback Investment LLC
Bergschrund Co LLC
Grant Deed
$318,750 · Vectra Bank Colorado NA
Oct 11, 2002
—
Uptown Development LLC
Lynn,david D
Quit Claim Deed
related
—
Aug 23, 1999
$153,400
David D Lynn
Pak,thomas K & Ilsoon
Grant Deed
$341,064 · Firstate Bank Colorado
—
—
China 2008 LLC
—
Deed Of Trust
related
$355,740 · Webbank
—
—
Outback Investments LLC
—
Deed Of Trust
related
$249,000 · Horizons Banks NA
—
—
China 2008 LLC
—
Deed Of Trust
related
$270,200 · Webbank
—
—
China 2008 LLC
—
Deed Of Trust
related
$290,000 · Front Range Regular Economic
—
—
China 2008 LLC
—
Deed Of Trust
related
$337,750 · Webbank
—
—
David D Lynn
—
Deed Of Trust
related
$100,000 · Blue Rhino Investments INC
—
—
Outback Investments LLC
—
Deed Of Trust
related
$100,000 · Jamie Nagel
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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