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Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Auto shops
4950 56th Ave Commerce City, CO 80022-3823
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US13-2195311
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2006
Total area
5,000 SF
Lot
0.83 ac (36,111 SF)
APN
R0119529
UPID
US13-2195311
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
$430k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$901k
Blend (final)
Blend
$665k
Owner & transaction history
4950 E 56th Ave LLC · 7 yrs held
4950 E 56th Ave LLC
since 2019
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 Commerce City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Commerce City 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
$430,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$665k
Range $599k – $732k · ±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
$133 / 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
$36,361
Tax year 2023
Assessed value
$404,550
Assessed 2023
Previous assessed
$424,400
-4.7% YoY
Effective rate
8.99%
On assessed value
Assessed land
$84,630
Assessed improvement
$319,920
Land market value
$303,334
Improvement market value
$1,146,666
Total market value
$1,450,000
Applied tax rate
250.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2006
Heating
RADIANT
Stories
1
Total area
5,000 SF
Lot
0.83 ac (36,111 SF)
APN
R0119529
UPID
US13-2195311
Jurisdiction
ADAMS
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
2006
Heating
RADIANT
Stories
1
Lot
0.83 ac
Current owner
From public records · entity-resolved
4950 E 56th Ave LLC
Entity
Mailing address
4950 E 56TH AVE, COMMERCE CITY, CO 80022-3823
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 28, 2019
—
4950 E 56th Ave LLC
—
Deed
related
$560,000 · Colorado Lndg Source
Jul 10, 2019
$1,350,000
4950 E 56th Ave LLC
Titco LLC
Grant Deed
$680,366 · Firstbank
Mar 16, 2018
—
Titco LLC
—
Deed
related
$784,952 · Guaranty Bank & Trust Co
Jan 14, 2011
$820,000
Titco LLC
56th Avenue LLC
Grant Deed
$413,425 · Home State Bank
Dec 1, 2008
$599,000
56th Avenue LLC
Halax-wood LLC
Warranty Deed
$420,000 · Compass Bank
Aug 5, 2008
—
Halax-wood LLC
—
Trustees Deed
related
$440,000 · R Berry
Dec 18, 2007
$437,500
Halax-wood LLC
Bayview Loan Servicing LLC
Grant Deed
—
Dec 18, 2007
—
Halax-wood LLC
Public Trustee Of Adams County
Trustees Deed
related
—
Jul 27, 2007
$500,000
Mark Meksin
Public Trustee Of Adams County
Certificate Of Purchase
$480,000
Feb 14, 2005
—
Mark Meksin
—
Trustees Deed
related
$150,000 · Premier Bank
Mar 7, 2003
$295,000
Mark Meksin
Labriola,steve P
Grant Deed
$195,000 · Premier Bank
Feb 17, 1998
$190,000
Steve P Labriola
Ehart,donna E
Grant Deed
—
—
—
Mark Meksin
—
Deed Of Trust
related
$480,000 · Interbay Funding LLC
—
—
Titco LLC
—
Deed Of Trust
related
$413,425 · Home State Bank
—
—
Mark Meksin
—
Deed Of Trust
related
$75,000 · Premier Bank
—
—
4950 E 56th Ave LLC
—
Deed Of Trust
related
$680,366 · Firstbank
—
—
4950 E 56th Ave LLC
—
Deed Of Trust
related
$560,000 · Colorado Lndg Source
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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