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Property profile & analytics
OFF-MARKET
Estimated value
$2,310,000
Retail space
4900 Kipling St Wheat Ridge, CO 80033-2248
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US13-2121386
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2016
Total area
14,580 SF
Lot
2.38 ac (103,657 SF)
APN
39-153-14-012
UPID
US13-2121386
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
$3.07M
Comparable Approach
Comparable
$1.56M
Blend (final)
Blend
$2.31M
Owner & transaction history
Montt Wheat Ridge LLC · 10 yrs held
Montt Wheat Ridge LLC
since 2016
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%
$3,325,000
6.5%
$3,070,000
7%
$2,850,000
Alternative Use
Use
Estimation
RETAIL STORES
$3,345,000
Current use
OFFICE BUILDING
$3,275,000
Change: -2% · Conversion: Easy
Blend value · Realmo final
$2.31M
Range $2.08M – $2.54M · ±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
$158 / 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
$95,447
Tax year 2023
Assessed value
$1,029,510
Assessed 2023
Previous assessed
$1,029,510
+0.0% YoY
Effective rate
9.27%
On assessed value
Assessed land
$361,504
Assessed improvement
$668,006
Land market value
$1,295,713
Improvement market value
$2,424,287
Total market value
$3,720,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2016
Heating
YES
Cooling
YES
Units
5563
Total area
14,580 SF
Lot
2.38 ac (103,657 SF)
APN
39-153-14-012
UPID
US13-2121386
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
RETAIL STORES Current
Est. value
$3.3M
OFFICE BUILDING
Est. value
$3.3M
RETAIL STORES Current
OFFICE 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
2016
Heating
YES
Cooling
Yes
Units
5563
Lot
2.38 ac
Current owner
From public records · entity-resolved
Montt Wheat Ridge LLC
Entity
Mailing address
16212 W ALAMEDA PKWY, LAKEWOOD, CO 80228
Ownership since
2016
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
Jun 15, 2016
$7,130,400
Montt Wheat Ridge LLC
Evc-kg Kip49 LLC
Grant Deed
—
Oct 9, 2014
—
Evc-kg Kip49 LLC
—
Grant Deed
related
$4,592,000 · Corefirst Bk&tr
May 14, 2014
$1,802,000
Evc-kg Kip49 LLC
Stenberg 2005 Family Trust
Grant Deed
$960,000 · Firstbank
Mar 19, 2007
—
Stenberg Family 2005 Trust
Stenberg,erland L & Mary A
Quit Claim Deed
related
—
Apr 13, 2005
$2,900,000
Stenberg,erland L & Mary A
Sovereign Buffet LLC
Grant Deed
$1,875,000 · Miscellaneous Ins Co
Dec 9, 2004
—
Sovereign Buffet LLC
Buffet Partners
Quit Claim Deed
related
$2,474,632 · Capitalsource Fin
—
—
Evc-kg Kip49 LLC
—
Loan Modification
related
$4,592,000 · Corefirst Bk&tr
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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