Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,480,000
Strip malls
3857 Evergreen Pkwy Evergreen, CO 80439
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US13-1046454
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1974
Construction
STEEL FRAME
Total area
17,230 SF
Lot
1.85 ac (80,773 SF)
APN
51-041-10-004
UPID
US13-1046454
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
$3.54M
CAP Approach
CAP
$3.89M
Comparable Approach
Comparable
$4.18M
Blend (final)
Blend
$3.48M
Owner & transaction history
Bennet 280 LLC · 4 yrs held
Bennet 280 LLC
since 2022
Last sale
$3.5M
5 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 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
Method
Estimation
Statistic approach
$3,400,000
ML approach
$3,540,000
CAP Approach
CAP Return
Estimation
6%
$4,210,000
6.5%
$3,890,000
7%
$3,610,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$5,590,000
Current use
COMMERCIAL (GENERAL)
$5,575,000
Change: 0% · Conversion: Easy
RETAIL STORES
$5,540,000
Change: -1% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$5,355,000
Change: -4% · Conversion: Difficult
MEDICAL BUILDING
$5,230,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$3.48M
Range $3.13M – $3.83M · ±10% · vs last sale $3.49M (Jun 27 2022)
Last sale anchor
$3.49M
Jun 27 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
$202 / 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
$68,348
Tax year 2023
Assessed value
$745,264
Assessed 2023
Previous assessed
$745,264
+0.0% YoY
Effective rate
9.17%
On assessed value
Assessed land
$191,553
Assessed improvement
$553,711
Land market value
$686,571
Improvement market value
$2,014,629
Total market value
$2,701,200
Applied tax rate
4,486.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1974
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Stories
2
Units
11
Total area
17,230 SF
Lot
1.85 ac (80,773 SF)
APN
51-041-10-004
UPID
US13-1046454
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$5.6M
COMMERCIAL (GENERAL)
Est. value
$5.6M
RETAIL STORES
Est. value
$5.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.4M
MEDICAL BUILDING
Est. value
$5.2M
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
MEDICAL 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
1974
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
2
Units
11
Lot
1.85 ac
Current owner
From public records · entity-resolved
Bennet 280 LLC
Entity
Mailing address
11233 E BERRY DR, ENGLEWOOD, CO 80111-3908
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2022
$3,490,000
Bennet 280 LLC
A Mogul Property LLC
Special Warranty Deed
$1,950,000 · Redstone Bank
May 23, 2022
—
A Mogul Property LLC
—
Deed
related
$11,080 · Rebecca B Martin Etal
Feb 17, 2004
—
Mogul Property LLC
Mogul,inez H
Quit Claim Deed
related
—
May 17, 2002
$360,000
Inez H Mogul
Coe,eric
Grant Deed
$1,500,000 · Horizon Bank
—
—
A Mogul Property LLC
—
Deed Of Trust
related
$1,375,000 · Home State 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?”
You own 3857 Evergreen Pkwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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.
