Back to Search
Property profile & analytics
FOR LEASE
Manufacturing properties
3550 Odessa Way Aurora, CO 80011
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US13-0086011
For Lease
1 / 2
$18,710,000
3550 Odessa Way, Aurora, CO 80011
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1986
Total area
163,842 SF
Lot
8.2 ac (357,323 SF)
APN
R0084006
UPID
US13-0086011
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
$19.96M
Comparable Approach
Comparable
$24.50M
Blend (final)
Blend
$18.71M
Owner & transaction history
3550 Odessa Way Company LLC · 5 yrs held
3550 Odessa Way Company LLC
since 2021
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 Aurora submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Aurora 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%
$21,620,000
6.5%
$19,955,000
7%
$18,530,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$26,740,000
Current use
Blend value · Realmo final
$18.71M
Range $16.84M – $20.58M · ±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
$114 / 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
$561,643
Tax year 2023
Assessed value
$4,125,480
Assessed 2023
Previous assessed
$3,458,440
+19.3% YoY
Effective rate
13.61%
On assessed value
Assessed land
$648,000
Assessed improvement
$3,477,480
Land market value
$2,322,598
Improvement market value
$12,464,102
Total market value
$14,786,700
Applied tax rate
361.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Lease
Year built
1986
Heating
OTHER
Cooling
OTHER
Stories
1
Total area
163,842 SF
Lot
8.2 ac (357,323 SF)
APN
R0084006
UPID
US13-0086011
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
INDUSTRIAL (GENERAL) Current
Est. value
$26.7M
INDUSTRIAL (GENERAL) Current
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
1986
Heating
OTHER
Cooling
Yes
Stories
1
Lot
8.2 ac
Current owner
From public records · entity-resolved
3550 Odessa Way Company LLC
Entity
Mailing address
PO BOX 847, CARLSBAD, CA 92018-0847
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 14, 2021
—
3550 Odessa Way Company LLC
Ci Den III Gw LLC
Special Warranty Deed
—
Dec 13, 2019
—
Ci Den III-gw LLC
—
Grant Deed
related
—
Oct 21, 2016
—
Ci Den III-gw LLC
Colfin Cobalt Owner III LLC
Grant Deed
—
Dec 24, 2014
—
Colfin Cobalt Owner III LLC
Cir III-i Reit
Grant Deed
—
Aug 1, 2014
—
Cir III-1 Reit
—
Loan Modification
related
$101,400,000 · Wells Fargo Bk
Sep 20, 2013
$6,450,000
III-1 Reit Cir
Odessa Way Denver Ltd
Grant Deed
—
Mar 16, 2007
$330,000
James Bolt Odessa LLC
Jjr Odessa LLC
Grant Deed
—
Mar 16, 2007
$82,500
Odessa Way Denver Ltd
Rebecca Brown Odessa LLC
Grant Deed
related
—
Mar 16, 2007
$165,000
Odessa Way Denver Ltd
James Bolt Odessa LLC
Grant Deed
related
—
Nov 22, 2006
$5,225,000
Odessa Way Denver LLC
Odessa 36 Group Ptshp
Grant Deed
related
$5,240,000 · Lasalle National Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
