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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    26412 Main St Conifer, CO 80433-8508

    • Turn key restaurants
    • 2,247 SF
    • 1.08 lot acres
    OFF-MARKET
    Last Sale
    Sep 09, 2024
    $710,000
    Value Estimations
    $710,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-2371929
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • JJ Madwell's / Takeout Restaurant / Pizza Restaurant

    Property Details for 26412 Main St

    Year built
    1955
    Construction
    FRAME
    Lot size
    1.08 lot acres
    Property size
    2,247 SF
    Property type
    Turn key restaurants
    APN
    61-141-02-007
    APU
    6114102007

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $710,000
      ML approach
      $710,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $716,000
      Market price range: $516k - $1.54M

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $1,000,000
      Current use
      AUTO REPAIR, GARAGE
      $1,160,000
      Change: +16% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $1,035,000
      Change: +4% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Conifer
    County
    Jefferson
    State
    Colorado
    Longitude
    -105.301
    Latitude
    39.5372
    CBSA code
    19740
    CBSA name
    DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $14,683
    $64,972
    $104,585
    $169,557
    -
    $232,873
    $404,858
    $637,731

    Comparable in this City

    • Value Estimation
      $375,000
      5,466 SF

      27175 Main St

      RESTAURANT • 5,466 SF
      27175 Main St, Conifer, CO 80433-8546
      View Details
    • Value Estimation
      $920,000
      3,939 SF

      27191 Main St

      RESTAURANT • 3,939 SF
      27191 Main St, Conifer, CO 80433-8546
      View Details
    • Value Estimation
      $320,000
      1,526 SF

      27171 Main St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,526 SF
      27171 Main St, Conifer, CO 80433-8546
      View Details
    • Value Estimation
      $1,570,000
      2,078 SF

      26724 Conifer Town Ctr Dr

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,078 SF
      26724 Conifer Town Ctr Dr, Conifer, CO 80433-8558
      View Details
    • Value Estimation
      $2,365,000
      890 SF

      10855 Us Hwy 285

      DRIVE-THRU RESTAURANT, FAST FOOD • 890 SF
      10855 Us Hwy 285, Conifer, CO 80433
      View Details
    • Value Estimation
      $480,000
      3,232 SF

      25607 Conifer Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,232 SF
      25607 Conifer Rd, Conifer, CO 80433-9029
      View Details

    Similar Nearby for Sale

    • $16,500,000
      5.56 Acres

      Kings Valley Marketplace: Prime Retail Investment

      High-yield retail center, 55,240 sqft, 98% occupied.
      30403 Kings Valley Dr, Conifer, CO 80433
      View Details
    • $1,800,000
      0.52 Acres

      Conifer Retail Property - $1.8M

      Prime Conifer retail space, 3,384 sq ft, 0.52 acres.
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    • $710,000
      3,734 SF

      Retail/Office Property in Aspen Park

      Retail/office property with highway access and high visibility.
      26497 Conifer Rd, Conifer, CO 80433
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    • $1,600,000
      3,384 SF

      Established Retail Location For Sale

      Well-established retail location with diverse inventory and high foot traffic.
      26001 Main St, Conifer, CO 80433
      View Details
    • $549,000

      Conifer Mountain Paradise Land Parcel

      35-acre parcel near Conifer, Colorado, ideal for a custom home.
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      Mountain Retreat Land Parcel

      10+ acre mountain parcel ready for custom home.
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    Similar Nearby for Lease

    • $19 SF/Yr
      557 SF

      Conifer Retail Space Available

      Retail space available for lease in Conifer, Colorado.
      11863 Springs Rd, Conifer, CO 80433
      View Details
    • Contact for pricing
      1,567 SF

      Retail Space in Conifer Center

      King Soopers anchored shopping center with available in-line spaces.
      25547-25557 Conifer Rd, Conifer, CO 80433
      View Details
    • $22 SF/Yr
      296 SF

      Office/Retail Strip Center Space

      Office and retail spaces available in Conifer, Colorado.
      11873 Springs Rd, Conifer, CO 80433
      View Details
    • Contact for pricing
      1,400 SF

      Retail Space in Conifer

      King Soopers anchored shopping center with available in-line spaces.
      25567 Conifer Rd, Conifer, CO 80433
      View Details
    • $15 SF/Yr
      3,800 SF

      Conifer Main Street Creative Office

      3,800 sq ft Retail/Office Space in Conifer, CO
      27182 Main St, Conifer, CO 80433
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space in Conifer Center

      King Soopers anchored shopping center with inline and drive-thru spaces.
      25577 Conifer Rd, Conifer, CO 80433
      View Details

    Property Visit Statistics

    • Visits by month
      2.1k
    • Visitors by month
      1.7k
    • Avg Time on site
      6 min
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    Conifer, CO 80433-8508
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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