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Property profile & analytics
OFF-MARKET
Estimated value
$845,000
Residential income homes
4704 Simms St Wheat Ridge, CO 80033-2408
Individually Owned
5-yr Hold
Property ID
US13-2730325
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1972
Construction
STEEL FRAME
Total area
3,468 SF
Lot
0.42 ac (18,404 SF)
APN
39-212-05-025
UPID
US13-2730325
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
$865k
CAP Approach
CAP
$885k
Comparable Approach
Comparable
$825k
Blend (final)
Blend
$845k
Owner & transaction history
Hung Van Pham · 5 yrs held
Hung Van Pham
since 2021
Last sale
$825,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.4M
+32.1%
Neighborhood: shopping center
$1.1M
+7.0%
Commercial (general)
$1.1M
+6.7%
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
$915,000
ML approach
$865,000
CAP Approach
CAP Return
Estimation
6%
$960,000
6.5%
$885,000
7%
$825,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,050,000
Current use
AUTO REPAIR, GARAGE
$1,390,000
Change: +32% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,125,000
Change: +7% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,120,000
Change: +7% · Conversion: Moderate
MEDICAL BUILDING
$1,055,000
Change: +0% · Conversion: Moderate
Blend value · Realmo final
$845k
Range $761k – $930k · ±10% · vs last sale $825k (Jan 6 2021)
Last sale anchor
$825k
Jan 6 2021
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
$244 / 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
$4,961
Tax year 2023
Assessed value
$54,010
Assessed 2023
Previous assessed
$54,010
+0.0% YoY
Effective rate
9.19%
On assessed value
Assessed land
$24,661
Assessed improvement
$29,349
Land market value
$368,080
Improvement market value
$493,040
Total market value
$861,120
Applied tax rate
3,109.0000
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
FORCED AIR
Stories
3
Units
4
Rooms
4
Total area
3,468 SF
Lot
0.42 ac (18,404 SF)
APN
39-212-05-025
UPID
US13-2730325
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
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
1972
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
3
Units
4
Rooms
4
Lot
0.42 ac
Current owner
From public records · entity-resolved
Hung Van Pham
Individual
Mailing address
7417 W LAYTON WAY, LITTLETON, CO 80123-6301
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 6, 2021
$825,000
Hung Van Pham
Rjands LLC
Special Warranty Deed
$618,750 · Firstbank
Dec 1, 2017
$675,000
Rjnads LLC
Collett,matthew M & Robert W
Warranty Deed
$506,250 · Firstbank
Oct 11, 2012
—
Matthew M Collett
Sundance Ridge LLC
Quit Claim Deed
related
—
Nov 14, 2011
—
Sundance Ridge LLC
Collett,matthew M
Quit Claim Deed
related
—
Jan 11, 2011
$270,000
Matthew M Collett
Robert Martin
Warranty Deed
$189,000 · Wells Fargo Bank NA
Jul 9, 2003
$340,000
Robert Martin
Laney,john & Bachman
Grant Deed
$238,000 · World Savings Bank
May 8, 1998
$245,000
John M Laney
Erickson,richard L
Grant Deed
$196,000 · Norwest Mortgage INC
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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