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Property profile & analytics
OFF-MARKET
Estimated value
$1,020,000
Retail space
2661 120th Ave Thornton, CO 80233-1426
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US13-0061091
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2000
Total area
4,786 SF
Lot
0.6 ac (26,136 SF)
APN
R0025840
UPID
US13-0061091
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
by Request
CAP Approach
CAP
$1.09M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.02M
Owner & transaction history
Pert Optima LLC · 9 yrs held
Pert Optima LLC
since 2016
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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,180,000
6.5%
$1,090,000
7%
$1,015,000
Blend value · Realmo final
$1.02M
Range $918k – $1.12M · ±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
$213 / 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
$35,179
Tax year 2023
Assessed value
$319,320
Assessed 2023
Previous assessed
$474,500
-32.7% YoY
Effective rate
11.02%
On assessed value
Assessed land
$87,970
Assessed improvement
$231,350
Land market value
$315,300
Improvement market value
$829,200
Total market value
$1,144,500
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
OTHER
Cooling
OTHER
Stories
1
Total area
4,786 SF
Lot
0.6 ac (26,136 SF)
APN
R0025840
UPID
US13-0061091
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
2000
Heating
OTHER
Cooling
Yes
Stories
1
Lot
0.6 ac
Current owner
From public records · entity-resolved
Pert Optima LLC
Entity
Mailing address
10213 SALIDA ST, COMMERCE CITY, CO 80022-8802
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 28, 2024
—
Pert Optima LLC
—
Deed
related
$825,000 · Security Service FCU
Dec 19, 2019
—
Pert Optima LLC
—
Deed
related
$888,750 · Wells Fargo Bk
Nov 21, 2016
$1,298,750
Pert Optima LLC
Uhrig Holdings LLC
Grant Deed
$845,000 · Wells Fargo Bk
Jan 3, 2014
$850,000
Uhrig Holdings LLC
Ksl Tw LLC
Grant Deed
related
—
Jan 10, 2007
$850,000
Ksl Tw LLC
Thornton Waterford LLC
Grant Deed
$850,000 · Umphryes James A Trust (tr)
Jan 21, 2005
$1,225,000
Thornton Waterford LLC
Cjr LLC
Warranty Deed
$857,500 · First Community Bank
Jun 25, 2001
—
Cjr LLC
Real Estate 200 Diversified
Quit Claim Deed
related
$697,500 · Robert C Terkhorn
—
—
Pert Optima LLC
—
Loan Modification
related
$888,750 · Wells Fargo 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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