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    4243 East 136Th Ave Thornton, CO 80023

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    4243 East 136Th Ave Thornton, CO 80023

    View on Map
    • Strip malls
    • 14,170 SF
    • 2.46 lot acres
    For Lease
    $590,000
    View Listing →
    Retail Space in Thornton, CO For Lease
    $590,000
    1,300 SF

    Retail Space in Thornton, CO

    Retail space with high visibility in a densely populated area.

    4243 East 136th Ave, Thornton, CO
    View Listing
    Property ID
    US13-0093965
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $590,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Strip malls

    Property Details for 4243 East 136Th Ave

    Year built
    2003
    Lot size
    2.46 lot acres
    Property size
    14,170 SF
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    R0151447
    APU
    R0151447

    Description

    Hilltop Village, located at 4243 E 136th Ave in Thornton, Colorado (zip code 80602), offers exceptional retail space ideal for restaurants. This Adams County property boasts a total of 100,872 square feet, with multiple tenancies available. Currently, there are 2,700 square feet of vacant space ready for immediate occupancy. Individual spaces range from a minimum of 1,300 square feet to a maximum contiguous space of 1,400 square feet, providing flexibility for various restaurant concepts. The property enjoys excellent visibility from nearby roads, capitalizing on a high-density population within a three-mile radius. This presents a unique opportunity for businesses seeking high foot traffic and strong community engagement. The property's location in Thornton, Colorado offers easy access to major transportation routes and a thriving local market. The available spaces are perfect for established restaurants looking to expand or new ventures seeking a prime location with high visibility and strong demographics. Contact us today to learn more about this exciting opportunity to establish your restaurant in a vibrant and growing community.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $595,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $587,000
      Market price range: $315k - $739k

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $470,000
      Current use
      COMMERCIAL (GENERAL)
      $810,000
      Change: +72% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Thornton
    County
    Adams
    State
    Colorado
    Longitude
    -104.937
    Latitude
    39.944
    CBSA code
    19740
    CBSA name
    DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $104,159
    $390,510
    $554,930
    $945,440
    -
    $1,399,688
    $1,989,012
    $3,388,700

    Comparable in this City

    • Value Estimation
      $2,175,000
      14,652 SF

      13762 Colorado Blvd

      SHOPPING CENTER, STRIP CENTER • 14,652 SF
      13762 Colorado Blvd, Thornton, CO 80602-6914
      View Details
    • Value Estimation
      $1,605,000
      8,077 SF

      5803 128th Ave

      SHOPPING CENTER, STRIP CENTER • 8,077 SF
      5803 128th Ave, Brighton, CO 80602
      View Details
    • Value Estimation
      $22,770,000
      207,453 SF

      7101 128th Ave

      WHOLESALE OUTLET, DISCOUNT STORE • 207,453 SF
      7101 128th Ave, Thornton, CO 80602-9101
      View Details
    • Value Estimation
      $1,865,000
      8,971 SF

      12885 Quebec St

      MINI-MALL • 8,971 SF
      12885 Quebec St, Thornton, CO 80602-9623
      View Details
    • Value Estimation by Request

      128TH Ave & Quebec St

      Restaurants
      128TH Ave & Quebec St, Thornton, CO 80602
      View Details
    • Value Estimation by Request
      4,913 SF

      13695 Colorado Blvd

      RETAIL STORES (PERSONAL SERVICES) • 4,913 SF
      13695 Colorado Blvd, Thornton, CO 80602-7051
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      22.26 Acres of Land

      22.26 acres of land available for sale.
      152nd Ave. & Colorado Blvd, Brighton, CO 80602
      View Details
    • $2,499,000

      8.8 Acre Development Site

      8.8-acre development site in a rapidly developing area.
      7135 E 120 Ave, Brighton, CO 80602
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    • Contact for pricing

      Land Near I-25 Access

      Commercial land with easy access to I-25 and amenities.
      136th Ave & Washington St, Thornton, CO 80602
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      20 Acres of Land

      20 acres of land available for sale.
      160th Ave & Quebec St, Thornton, CO 80602
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale.
      168th & Cr 11, Brighton, CO 80602
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Land in Thornton Development Area

      Land for lease near new shopping center and residential development.
      7700 E 137Th Pl, Thornton, CO 80602
      View Details
    • Contact for pricing
      3,450 SF

      Retail Space in Equinox Building

      Retail space available for lease in Denver's St. Paul Collection.
      240 St Paul St, Denver, CO 80602
      View Details
    • Contact for pricing

      Prime Retail Pads Available

      Retail pads available in high-growth area near Walmart Supercenter.
      128TH Ave & Quebec St, Thornton, CO 80602
      View Details
    • Contact for pricing

      Land For Rent

      Land available for rent.
      160th Ave And Quebec St, Thornton, CO 80602
      View Details
    View Listing
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    4243 East 136Th Ave
    Thornton, CO 80023
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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