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Property profile & analytics
OFF-MARKET Estimated value $1,450,000
Retail space

4251 104th Ave Thornton, CO 80233-4443

6,600 SF 1.11 ac lot Built 2007
Entity Owned ~ Est. High Equity
Property ID
US13-1297683
Property summary
AI-generated overview

This exceptional 6,600 square foot retail storefront, located at 4251 E 104th Ave in Thornton, Colorado (zip code 80233), presents a compelling investment opportunity. Built in 2007 on a one-acre lot, this property boasts excellent street visibility and is currently 100% occupied by a single tenant under an expiring lease. Originally designed as a four-unit strip center anchored by Starbucks, including a drive-thru, the property offers significant flexibility for the new owner. The existing tenant is open to negotiating a new 10-year lease at a 6% capitalization rate based on the asking price of $1,850,000. Alternatively, the property can be subdivided back into its original four-unit configuration, potentially increasing rental income by leveraging the existing drive-thru and the presence of neighboring national retailers. This Adams County location offers strong growth potential and presents a unique chance to capitalize on either a long-term lease or a repositioning strategy. The property's 2007 construction ensures relatively modern amenities.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2007
Total area 6,600 SF
Lot 1.11 ac (48,439 SF)
APN R0173581
UPID US13-1297683
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
$1.51M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.45M
Owner & transaction history
4251 E 104 Ave LLC
4251 E 104 Ave LLC
since 2025
Last sale
$1.7M
7 recorded transactions
2025
$1.7M
2015
$1.6M
2013
$1.1M
2011
Price N/A
2011
$308,347
2009
Price N/A
2008
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $2.3M +19.3%
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