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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Retail space
3825 Pierce St Wheat Ridge, CO 80033-4939
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US13-0840060
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1953
Construction
STEEL FRAME
Total area
2,550 SF
Lot
0.18 ac (7,841 SF)
APN
39-234-11-032
UPID
US13-0840060
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
$530k
CAP Approach
CAP
$535k
Comparable Approach
Comparable
$733k
Blend (final)
Blend
$560k
Owner & transaction history
Level Ground Hq LLC · 4 yrs held
Level Ground Hq LLC
since 2022
Last sale
$585,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$830,000
+41.5%
Commercial (general)
$825,000
+41.1%
Medical building
$775,000
+32.3%
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 Wheat Ridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wheat Ridge 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
$570,000
ML approach
$530,000
CAP Approach
CAP Return
Estimation
6%
$580,000
6.5%
$535,000
7%
$500,000
Alternative Use
Use
Estimation
RETAIL STORES
$585,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$830,000
Change: +41% · Conversion: Moderate
COMMERCIAL (GENERAL)
$825,000
Change: +41% · Conversion: Easy
MEDICAL BUILDING
$775,000
Change: +32% · Conversion: Difficult
OFFICE BUILDING
$575,000
Change: -2% · Conversion: Easy
Blend value · Realmo final
$560k
Range $504k – $616k · ±10% · vs last sale $585k (Jan 31 2022)
Last sale anchor
$585k
Jan 31 2022
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
$220 / 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
$15,877
Tax year 2023
Assessed value
$181,588
Assessed 2023
Previous assessed
$181,588
+0.0% YoY
Effective rate
8.74%
On assessed value
Assessed land
$27,346
Assessed improvement
$154,242
Land market value
$98,013
Improvement market value
$582,837
Total market value
$680,850
Applied tax rate
3,139.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1953
Construction
STEEL FRAME
Heating
SPACE
Stories
2
Units
1
Total area
2,550 SF
Lot
0.18 ac (7,841 SF)
APN
39-234-11-032
UPID
US13-0840060
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
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$585,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$830,000
COMMERCIAL (GENERAL)
Est. value
$825,000
MEDICAL BUILDING
Est. value
$775,000
OFFICE BUILDING
Est. value
$575,000
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
MEDICAL BUILDING
OFFICE BUILDING
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
1953
Construction
STEEL FRAME
Heating
SPACE
Stories
2
Units
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
Level Ground Hq LLC
Entity
Mailing address
AURORA, CO 80044
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 3, 2023
—
Level Ground Hq LLC
—
Deed
related
$300,000 · Colorado Lending Source Ltd
Jan 31, 2022
$585,000
Level Ground Hq LLC
Hector H Gonzales
Special Warranty Deed
$359,154 · Firstbank
Nov 20, 2017
$89,200
Hector H Gonzales
Gonzales,hector H
Quit Claim Deed
related
$95,000 · N K Sharma
Oct 30, 2017
—
Hector H Gonzales
—
Deed
related
$43,700 · N K Sharma
—
—
Hector H Gonzales
—
Deed Of Trust
related
$23,325 · N K Sharma
—
—
Hector H Gonzales
—
Deed Of Trust
related
$106,000 · Frank Manchego
—
—
Hector H Gonzales
—
Deed Of Trust
related
$43,700 · N K Sharma
—
—
Hector H Gonzales
—
Deed Of Trust
related
$16,390 · N K Sharma
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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