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Property profile & analytics
OFF-MARKET
Estimated value
$4,270,000
Hotels
3605 Wadsworth Blvd Lakewood, CO 80235-2102
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US13-0597872
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1986
Construction
STEEL FRAME
Total area
54,329 SF
Lot
3.14 ac (136,945 SF)
APN
59-022-04-009
UPID
US13-0597872
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
$4.27M
Owner & transaction history
Lf3 Lakewood Trs LLC · 2 yrs held
Lf3 Lakewood Trs LLC
since 2024
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
$79 / 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
$149,271
Tax year 2023
Assessed value
$1,655,168
Assessed 2023
Previous assessed
$1,655,168
+0.0% YoY
Effective rate
9.02%
On assessed value
Assessed land
$477,596
Assessed improvement
$1,177,572
Land market value
$1,711,813
Improvement market value
$4,250,687
Total market value
$5,962,500
Applied tax rate
7,022.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1986
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Stories
5
Units
150
Rooms
150
Total area
54,329 SF
Lot
3.14 ac (136,945 SF)
APN
59-022-04-009
UPID
US13-0597872
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
1986
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
5
Units
150
Rooms
150
Lot
3.14 ac
Current owner
From public records · entity-resolved
Lf3 Lakewood Trs LLC
Entity
Mailing address
1635 43RD ST STE #205, FARGO, ND 58103-3580
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 28, 2024
—
Lf3 Lakewood Trs LLC
Lf3 Lakewood LLC
Lease
$12,000,000 · Bluebird Credit Em LLC
Apr 13, 2022
$19,400,000
Lodging Fund Rett III Op LP
Rlc Vi Lakewood LLC
Special Warranty Deed
$12,610,000 · Legendary A 1 Bonds LLC
Feb 1, 2018
$8,700,000
Rlc Vi Lakewood LLC
Cni Thl Propco Fe II LLC
Special Warranty Deed
$4,650,563 · Citywide Banks
Nov 14, 2017
—
Cni Thl Propco Fe II LLC
W2005 New Century Hotel Portfo
Quit Claim Deed
related
—
Feb 26, 2007
$7,283,400
W2005 New Century Hotel Portfolio L
Rose Spe 1 LP
Special Warranty Deed
$383,571,755 · Goldman Sachs Commercial Mtg Capita
Oct 14, 2005
—
Spe 1 Rose
—
Deed Of Trust
related
$200,000,000 · Bank Of America
Feb 27, 2004
—
Rose Spe I LP
Rfs Financing Partnership LP
Grant 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.
Try Rey
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