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Property profile & analytics
OFF-MARKET
Commercial real estate
3505 Kipling St Lakewood, CO 80235-1201
Entity Owned
~
Est. High Equity
Property ID
US13-1020555
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1976
Construction
STEEL FRAME
Total area
230 SF
Lot
0.45 ac (19,437 SF)
APN
59-041-00-001
UPID
US13-1020555
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
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
L1 Kipling LLC
L1 Kipling LLC
since 2026
Last sale
$2.9M
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 Lakewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lakewood 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
$12,839
Tax year 2023
Assessed value
$131,088
Assessed 2023
Previous assessed
$131,088
+0.0% YoY
Effective rate
9.79%
On assessed value
Assessed land
$127,439
Assessed improvement
$3,649
Land market value
$456,770
Improvement market value
$43,078
Total market value
$499,848
Applied tax rate
4,432.0000
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 real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1976
Construction
STEEL FRAME
Heating
ELECTRIC
Stories
2
Units
1
Total area
230 SF
Lot
0.45 ac (19,437 SF)
APN
59-041-00-001
UPID
US13-1020555
Jurisdiction
JEFFERSON
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
1976
Construction
STEEL FRAME
Heating
ELECTRIC
Stories
2
Units
1
Lot
0.45 ac
Current owner
From public records · entity-resolved
L1 Kipling LLC
Entity
Mailing address
10951 UNITY PKWY, COMMERCE CITY, CO 80022-0664
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 24, 2026
$2,850,000
L1 Kipling LLC
Alameda Mart LLC
Warranty Deed
$1,995,000 · Fortis Bank
Feb 2, 2026
$2,850,000
Li Kipling LLC
Alameda Mart LLC
Special Warranty Deed
—
Mar 31, 2025
$2,500,000
Alameda Mart LLC
Lakewood Food & Gas LLC
Special Warranty Deed
$2,075,000 · Enterprise Bank & Trust
May 6, 2021
—
Lakewood Food & Gas LLC
—
Deed
related
$127,064 · Bank Of Colorado
Oct 15, 2020
$700,000
Lakewood Food & Gas LLC
Hojat Tahmourasi
Special Warranty Deed
$500,000 · Bank Of Colorado
Apr 15, 2019
$350,000
Hojat Tahmourasi
Western C-store Holdings II LP
Grant Deed
—
Jan 23, 2018
$375,000
Western C-store Holdings II LP
Wcs Hdt Holdings LLC
Grant Deed
$6,851,250 · Ch Realty Viii/co Wstn Brg LLC
Sep 7, 2016
—
Hdt Two LLC
—
Deed
related
$37,000,000 · * Other Institutional Lenders
May 21, 2007
—
Hdt Four LLC
—
Deed Of Trust
related
$17,000,000 · Citicorp Leasing INC
Feb 8, 2005
—
Hdt Two LLC
Hdt Eleven LLC
Quit Claim Deed
related
$467,000 · Amfirst Bank
Sep 20, 2004
—
Hdt Eleven LLC
Owner,record
Quit Claim Deed
related
—
Oct 21, 1999
$400,000
H D T LLC
Diamond Shamrock Stations INC
Grant Deed
$3,200,000 · Franchise Mortgage Acceptance
—
—
Hdt Two LLC
—
Deed Of Trust
related
$37,000,000 · * Other Institutional Lenders
—
—
Hdt Two LLC
—
Deed Of Trust
related
$280,000 · Citicorp Leasing INC
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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