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Property profile & analytics
FOR SALE
Commercial land
34050 Forest Park Dr Elizabeth, CO 80107
Individually Owned
6-yr Hold
Free & Clear
Property ID
US13-1155956
For Sale
1 / 20
$2,288,000
34050 Forest Park Dr, Elizabeth, CO 80107
View Listing →
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
6.14 ac (267,458 SF)
Zoning code
PUD
APN
84084-03-012
UPID
US13-1155956
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Constantinos Vinihakis · 6 yrs held
Constantinos Vinihakis
since 2020
1 recorded transaction
Zoning & alternative use
PUD · Elizabeth, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
the PUD patrons. Off-street parking standards are defined in Article VI of this Chapter. (2) Pedestrian and bicycle pathway systems within and throughout the project (exclusive of required sidewalks adjacent to public right-of-way) and designed to connect into existing or planned pedestrian or bicycle routes outside the PUD. These pathway systems shall be de…
Zone name
Planned Unit Development District
General category
PLANNED_DEVELOPMENT
Zone area
259.45 ac
Source
Municipal Code
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 Elizabeth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elizabeth 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,634
Tax year 2023
Assessed value
$61,210
Assessed 2023
Previous assessed
$62,070
-1.4% YoY
Effective rate
7.57%
On assessed value
Assessed land
$61,210
Land market value
$219,389
Total market value
$219,389
Applied tax rate
2.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
For Sale
Heating
NONE
Lot
6.14 ac (267,458 SF)
Zoning code
PUD
APN
84084-03-012
UPID
US13-1155956
Jurisdiction
ELBERT
Zoning & alternative use
PUD · Elizabeth, COZoning PUD · permitted uses
PUD · Elizabeth, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
the PUD patrons. Off-street parking standards are defined in Article VI of this Chapter. (2) Pedestrian and bicycle pathway systems within and throughout the project (exclusive of required sidewalks adjacent to public right-of-way) and designed to connect into existing or planned pedestrian or bicycle routes outside the PUD. These pathway systems shall be designed and constructed in accordance with the Town's development standards. The PUD shall employ trail systems that provide access to parks and open space interspersed at distances through blocks not to exceed six hundred sixty (660) feet in keeping
Zone name
Planned Unit Development District
General category
PLANNED_DEVELOPMENT
Zone area
259.45 ac
Source
Municipal Code
Building & site characteristics
From public records
Heating
NONE
Lot
6.14 ac
Current owner
From public records · entity-resolved
Constantinos Vinihakis
Individual
Free & Clear · 6 yrs held
Mailing address
6197 S IOLA WAY, ENGLEWOOD, CO 80111-5759
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 29, 2020
—
Constantinos Vinihakis
Knosos LLC
Warranty Deed
related
—
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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