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Property profile & analytics
FOR SALE
Life science properties
4725 Independence St Wheat Ridge, CO 80033
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US13-0408012
For Sale
1 / 14
$4,800,000
4725 Independence St, Wheat Ridge, CO 80033
View Listing →
Property profile
Verified
Property type
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Year built
1961
Construction
STEEL FRAME
Total area
32,827 SF
Lot
3.32 ac (144,490 SF)
APN
39-222-04-005
UPID
US13-0408012
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
$6.25M
Blend (final)
Blend
$5.29M
Owner & transaction history
Tasman Geosciences INC · 2 yrs held
Tasman Geosciences INC
since 2024
Last sale
$4.8M
7 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
Alternative Use
Use
Estimation
R&D FACILITY, LABORATORY, RESEARCH FACILITY, COSMETICS, PHARMACEUTICAL
$8,790,000
Current use
RETAIL STORES
$7,530,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$5.29M
Range $4.76M – $5.81M · ±10% · vs last sale $4.80M (Apr 2 2024)
Last sale anchor
$4.80M
Apr 2 2024
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
$161 / 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
$118,742
Tax year 2023
Assessed value
$1,280,778
Assessed 2023
Previous assessed
$1,280,778
+0.0% YoY
Effective rate
9.27%
On assessed value
Assessed land
$201,564
Assessed improvement
$1,079,214
Land market value
$722,450
Improvement market value
$3,868,150
Total market value
$4,590,600
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
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Status
For Sale
Year built
1961
Construction
STEEL FRAME
Heating
YES
Cooling
AC.PACKAGE
Buildings
2
Stories
2
Total area
32,827 SF
Lot
3.32 ac (144,490 SF)
APN
39-222-04-005
UPID
US13-0408012
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
R&D FACILITY, LABORATORY, RESEARCH FACILITY, COSMETICS, PHARMACEUTICAL Current
Est. value
$8.8M
RETAIL STORES
Est. value
$7.5M
R&D FACILITY, LABORATORY, RESEARCH FACILITY, COSMETICS, PHARMACEUTICAL Current
RETAIL STORES
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
1961
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
2
Buildings
2
Lot
3.32 ac
Current owner
From public records · entity-resolved
Tasman Geosciences INC
Entity
Mailing address
16868 W 69TH CIR, ARVADA, CO 80007-7673
Ownership since
2024
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
Apr 14, 2025
—
Tasman Geosciences INC
—
Deed
related
$9,000,000 · The Huntington National Bank
Jul 2, 2024
$4,800,000
Tasman Geosciences INC
Teceta LLC
Special Warranty Deed
$3,750,000 · Inbankshares Corp
Aug 19, 2019
—
Tecta LLC
Verus Holdings LLC
Grant Deed
—
Aug 19, 2019
$476,000
Solo Lhc LLC
Stadler,myron
Grant Deed
—
Mar 24, 2016
$2,925,000
4725 Independence LLC
Adp Financial Information Services
Warranty Deed
$2,340,000 · Umb Bank NA
May 5, 2008
—
Broadridge Securities Processi
Owner,record
Grant Deed
related
—
Feb 16, 2007
—
Adp Finl Information Svcs INC
Securities Ind Software Corp
Quit Claim Deed
related
—
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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