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Property profile & analytics
OFF-MARKET
Estimated value
$2,260,000
Retail space
2731 120th Ave Westminster, CO 80234-2805
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US13-1980979
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2017
Total area
6,161 SF
Lot
0.94 ac (41,034 SF)
APN
R0188148
UPID
US13-1980979
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
-
J & V Hair Studio Hair Salon Nail Salon
-
Hair by Juliana Hair Salon
-
Perfect Harmony Medical Clinic Skin Care Clinic
-
Hair by Julie LLC Hair Salon
-
Sacred Hair Salon Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.20M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.99M
Blend (final)
Blend
$2.26M
Owner & transaction history
Oakview Shops LLC · 3 yrs held
Oakview Shops LLC
since 2022
Last sale
$2.4M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.6M
+17.5%
Restaurant
$2.3M
+3.2%
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 Westminster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Westminster 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
$2,130,000
ML approach
$2,195,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$2,235,000
Current use
AUTO REPAIR, GARAGE
$2,625,000
Change: +17% · Conversion: Difficult
RESTAURANT
$2,305,000
Change: +3% · Conversion: Easy
Blend value · Realmo final
$2.26M
Range $2.03M – $2.49M · ±10% · vs last sale $2.36M (Aug 2 2022)
Last sale anchor
$2.36M
Aug 2 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
$367 / 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
$77,071
Tax year 2023
Assessed value
$513,840
Assessed 2023
Previous assessed
$519,480
-1.1% YoY
Effective rate
15.00%
On assessed value
Assessed land
$120,250
Assessed improvement
$393,590
Land market value
$430,994
Improvement market value
$1,410,707
Total market value
$1,841,701
Applied tax rate
153.0000
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
2017
Heating
YES
Cooling
YES
Stories
1
Total area
6,161 SF
Lot
0.94 ac (41,034 SF)
APN
R0188148
UPID
US13-1980979
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
$2.2M
AUTO REPAIR, GARAGE
Est. value
$2.6M
RESTAURANT
Est. value
$2.3M
RETAIL STORES Current
AUTO REPAIR, GARAGE
RESTAURANT
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
2017
Heating
YES
Cooling
Yes
Stories
1
Lot
0.94 ac
Current owner
From public records · entity-resolved
Oakview Shops LLC
Entity
Mailing address
PO BOX 26286, OVERLAND PARK, KS 66225-6286
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 2, 2022
$2,360,000
Oakview Shops LLC
Country Club Village Two LLC
Special Warranty Deed
$1,200,000 · Bank Of The West
Jan 5, 2018
—
Country Club Village Two LLC
—
Grant Deed
related
$2,850,000 · Blue FCU
Jun 6, 2017
—
Country Club Village Two LLC
—
Deed
related
$2,475,000 · Blue FCU
Apr 12, 2016
—
Country Club Village Two LLC
—
Grant Deed
related
$2,475,000 · Warren FCU
Mar 25, 2016
—
Country Club Village Two LLC
Ccv4properties LLC
Grant Deed
—
—
—
Country Club Village Two LLC
—
Deed Of Trust
related
$142,385 · Warren FCU
—
—
Country Club Village Two LLC
—
Deed Of Trust
related
$62,629 · Warren FCU
—
—
Country Club Village Two LLC
—
Loan Modification
related
$2,475,000 · Blue FCU
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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