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Property profile & analytics
OFF-MARKET
Estimated value
$1,620,000
Drive through restaurants
3505 Riv Pt Pkwy Englewood, CO 80110-3310
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US13-1472058
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2016
Construction
FRAME
Total area
2,199 SF
Lot
1.83 ac (79,715 SF)
Zoning code
SD
APN
2077-04-2-14-001
UPID
US13-1472058
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
-
Andy's Frozen Custard Bakery Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.61M
Blend (final)
Blend
$1.62M
Owner & transaction history
Rmc Land Holdings LLC · 10 yrs held
Rmc Land Holdings LLC
since 2016
4 recorded transactions
Zoning & alternative use
SD · Englewood, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
code of ordinances
Top alternative use upside
Commercial (general)
$1.2M
+14.8%
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 Englewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Englewood 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,070,000
Current use
COMMERCIAL (GENERAL)
$1,230,000
Change: +15% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,035,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$1.62M
Range $1.46M – $1.78M · ±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
$737 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$39,915
Tax year 2021
Assessed value
$391,716
Assessed 2023
Previous assessed
$441,670
-11.3% YoY
Effective rate
10.19%
On assessed value
Land market value
$898,751
Improvement market value
$535,249
Total market value
$1,434,000
Applied tax rate
981.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2016
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
2,199 SF
Lot
1.83 ac (79,715 SF)
Zoning code
SD
APN
2077-04-2-14-001
UPID
US13-1472058
Jurisdiction
ARAPAHOE
Zoning & alternative use
SD · Englewood, COZoning SD · permitted uses
SD · Englewood, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.0M
RESTAURANT Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
2016
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.83 ac
Current owner
From public records · entity-resolved
Rmc Land Holdings LLC
Entity
Mailing address
211 E WATER ST, SPRINGFIELD, MO 65806-1140
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 20, 2026
—
Rmc Land Holdings LLC
—
Deed
related
$1,490,000 · Oak Star Bank
Sep 13, 2016
—
Rmc Land Holdings LLC
—
Deed
related
$1,980,000 · Oak Star Bk
Jan 21, 2016
$675,000
Rmc Land Holdings LLC
Weingarten Sheridan LLC
Special Warranty Deed
$1,220,000 · Oakstar Bank NA
—
—
Rmc Land Holdings LLC
—
Loan Modification
related
$1,980,000 · Oak Star 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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