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Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Residential income homes
4445 Independence St Wheat Ridge, CO 80033-2950
Trust Owned
14-yr Hold
Free & Clear
Property ID
US13-2438096
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1972
Construction
STEEL FRAME
Total area
3,840 SF
Lot
0.2 ac (8,662 SF)
APN
39-222-09-005
UPID
US13-2438096
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
$761k
Blend (final)
Blend
$565k
Owner & transaction history
Lee David O & N L Family Trust · 14 yrs held
Lee David O & N L Family Trust
since 2011
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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$565k
Range $509k – $622k · ±10%
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
$147 / 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
$4,390
Tax year 2023
Assessed value
$47,353
Assessed 2023
Previous assessed
$47,353
+0.0% YoY
Effective rate
9.27%
On assessed value
Assessed land
$11,607
Assessed improvement
$35,746
Land market value
$173,240
Improvement market value
$588,520
Total market value
$761,760
Applied tax rate
3,196.0000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1972
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
AC.PACKAGE
Stories
3
Units
4
Rooms
4
Total area
3,840 SF
Lot
0.2 ac (8,662 SF)
APN
39-222-09-005
UPID
US13-2438096
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
Building & site characteristics
From public records
Year built
1972
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
Yes
Stories
3
Units
4
Rooms
4
Lot
0.2 ac
Current owner
From public records · entity-resolved
Lee David O & N L Family Trust
Trust
Free & Clear · 14 yrs held
Mailing address
8710 W 68TH PL, ARVADA, CO 80004-1700
Ownership since
2011
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
Sep 6, 2011
—
Lee David O & N L Family Trust
Lee,david O & Nancy L
Quit Claim Deed
related
—
May 9, 2007
—
David O Lee
Boatright Virgil A Trust
Grant Deed
—
Mar 6, 2006
$396,343
David O Lee
Yi,kyong S & Wan C
Quit Claim Deed
related
—
Aug 10, 2005
$400,000
Kyong S Yi
Lee,david O & Nancy L
Warranty Deed
$400,000 · David O & Nancy L Lee
Jan 27, 1998
$200,000
David O Lee
Steputis,fred J
Grant Deed
$180,000 · Seller
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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