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Property profile & analytics
OFF-MARKET
Estimated value
$3,265,000
Distribution centers
37897 Hwy 40 Evergreen, CO 80439
Individually Owned
9-yr Hold
Free & Clear
Property ID
US13-0802974
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2007
Construction
BRICK
Total area
42,493 SF
Lot
9 ac (392,040 SF)
Zoning code
PD
APN
1963-024-02-001
UPID
US13-0802974
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
$3.27M
Owner & transaction history
Inter-mountain Construction Ll · 9 yrs held
Inter-mountain Construction Ll
since 2017
4 recorded transactions
Zoning & alternative use
PD · Evergreen, CO
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 Evergreen submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Evergreen 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
$77 / 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
$49,730
Tax year 2023
Assessed value
$684,850
Assessed 2023
Previous assessed
$1,076,150
-36.4% YoY
Effective rate
7.26%
On assessed value
Assessed land
$165,060
Assessed improvement
$519,790
Land market value
$591,600
Improvement market value
$1,863,060
Total market value
$2,454,660
Applied tax rate
80.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2007
Construction
BRICK
Heating
FORCED AIR
Stories
2
Total area
42,493 SF
Lot
9 ac (392,040 SF)
Zoning code
PD
APN
1963-024-02-001
UPID
US13-0802974
Jurisdiction
CLEAR CREEK
Zoning & alternative use
PD · Evergreen, CO
Zoning PD · permitted uses
PD · Evergreen, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Evergreen. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2007
Construction
BRICK
Heating
FORCED AIR
Stories
2
Lot
9 ac
Current owner
From public records · entity-resolved
Inter-mountain Construction Ll
Individual
Free & Clear · 9 yrs held
Mailing address
PO BOX 9TH 9, BLACK HAWK, CO 80422-0009
Ownership since
2017
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
May 26, 2017
$2,100,000
Inter-mountain Construction Ll
Marte Evergreen LLC
Grant Deed
—
Apr 2, 2012
—
Marte Evergreen LLC
Martin D Goldman
Quit Claim Deed
related
$711,894 · Firstbank
Aug 11, 2011
—
Floyd Hill Dev LLC
Public Trustee Of Clear Creek Cou
Trustees Deed
related
—
—
—
Marte Evergreen LLC
—
Deed Of Trust
related
$498,326 · Firstbank NA
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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