Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4955 Miller St Wheat Ridge, CO 80033-2293

    • Warehouses
    • 15,806 SF
    • 1.73 lot acres
    OFF-MARKET
    Value Estimations
    $735,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-0683051
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Warehouses

    Property Details for 4955 Miller St

    Year built
    1985
    Construction
    STEEL FRAME
    Lot size
    1.73 lot acres
    Property size
    15,806 SF
    Property type
    Warehouses
    APN
    39-164-03-001
    APU
    3916403001

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $735,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Wheat Ridge
    County
    Jefferson
    State
    Colorado
    Longitude
    -105.115
    Latitude
    39.7858
    CBSA code
    19740
    CBSA name
    DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $83,867
    $104,876
    $799,726
    $904,602
    -
    $375,900
    $2,896,400
    $3,272,300

    Comparable in this City

    • Value Estimation
      $1,125,000
      81,890 SF

      5045 Robb St

      WAREHOUSE, STORAGE • 81,890 SF
      5045 Robb St, Wheat Ridge, CO 80033-2143
      View Details
    • Value Estimation
      $1,570,000
      7,344 SF

      11907 I 70th Frontage N Rd

      WAREHOUSE, STORAGE • 7,344 SF
      11907 I 70th Frontage N Rd, Wheat Ridge, CO 80033
      View Details
    • Value Estimation
      $345,000
      3,502 SF

      12060 52nd Ave

      WAREHOUSE, STORAGE • 3,502 SF
      12060 52nd Ave, Wheat Ridge, CO 80033-2028
      View Details
    • Value Estimation
      $495,000
      6,011 SF

      4975 Iris St

      WAREHOUSE, STORAGE • 6,011 SF
      4975 Iris St, Wheat Ridge, CO 80033-2245
      View Details
    • Value Estimation
      $950,000
      104,583 SF

      4370 Youngfield St

      MINI-WAREHOUSE, STORAGE • 104,583 SF
      4370 Youngfield St, Wheat Ridge, CO 80033-2437
      View Details
    • Value Estimation by Request

      9500 49th Ave Ste D106

      WAREHOUSE, STORAGE
      9500 49th Ave Ste D106, Wheat Ridge, CO 80033-2239
      View Details

    Similar Nearby for Sale

    • $4,297,000
      27,257 SF

      Turnkey Food Manufacturing Facility

      27,257 SF food manufacturing facility, warehouse, or manufacturing building.
      6701 E 45Th Ave, Denver, CO 80033
      View Details
    • $1,150,000
      5,750 SF

      Small Bay Industrial Property

      Three-tenant industrial property with value-add opportunity in Wheat Ridge, CO.
      9710-9730 West 50Th Ave, Denver, CO 80033
      View Details
    • Contact for pricing
      140,040 SF

      Industrial Buildings on 4.9 Acres

      Two industrial buildings totaling 140,040 SF on 4.9 acres.
      13300 38Th Ave, Denver, CO 80033
      View Details
    • Contact for pricing
      24,330 SF

      Denver Warehouse Space Available

      24,330 SF warehouse space in Denver, Colorado.
      6300 39Th Ave, Denver, CO 80033
      View Details
    • $15,000,000
      115,610 SF

      Denver Industrial Building with Freezer

      115,610 SF industrial building with freezer/cooler improvements for sale.
      10700 45Th Ave, Denver, CO 80033
      View Details
    • Contact for pricing
      342,586 SF

      Denver Industrial Value-Add Portfolio

      342,586 SF industrial portfolio in Denver, Colorado for sale.
      13100-13333 E 37Th Ave, Denver, CO 80033
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      10,724 SF

      Denver Warehouse with I-70 Visibility

      Warehouse space with easy access to I-70 and Denver.
      12875 E 42Nd Ave, Denver, CO 80033
      View Details
    • $18 SF/Yr
      28,291 SF

      Van Gordon St Industrial Space

      Modern Flex Space, 10,528 SF Available
      4880 Van Gordon St, Wheat Ridge, CO 80033
      View Details
    • Contact for pricing
      5,500 SF

      Versatile Commercial Space in Wheat Ridge

      Expansive 5,500 SF property with flexible layout and excellent accessibility.
      9660 W 44Th Ave, Wheat Ridge, CO 80033
      View Details
    • $9 SF/Yr
      9,225 SF

      Industrial Space with Dock Loading

      9,225 SF industrial space featuring dock and drive-in loading.
      6400 E 44Th Ave, Denver, CO 80033
      View Details
    • $217 SF/Yr
      18,600 SF

      Wheat Ridge Industrial Warehouse Duo

      18,600 SF Warehouse, 1,800 SF Vacant
      4890-4892 Van Gordon St, Wheat Ridge, CO 80033
      View Details
    • $11 SF/Yr
      5,376 SF

      Flex Light Industrial Condominium

      Well-maintained flex space with professional office finishes and easy access.
      11919 W I-70 Frontage Rd, Wheat Ridge, CO 80033
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4955 Miller St
    Wheat Ridge, CO 80033-2293
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.