New search
Property profile & analytics
OFF-MARKET
Estimated value
$4,875,000
Life science properties
4975 Miller St Wheat Ridge, CO 80033-2208
Entity Owned
~
Est. High Equity
Property ID
US13-2675451
Property summary
AI-generated overview
This exceptional 30,000-square-foot retail space, located at 4975 Miller St in Jefferson County, presents a unique opportunity for a single tenant. Built in 1977 and extensively renovated in 2024, the property boasts a modern and efficient layout. The building features a newly installed roof (2024) and energy-efficient LED lighting throughout, significantly reducing operating costs. The space is fully vacant and ready for immediate occupancy. Its convenient location within the PID - Wheat Ridge zoning district offers excellent visibility and accessibility. The property includes three grade-level loading doors and three dock-high doors, making loading and unloading goods seamless and efficient. The building's robust electrical system includes 3-phase power, accommodating a wide range of business needs. This is an ideal space for businesses requiring ample square footage, convenient loading access, and a recently renovated, modern environment. The property's size and features make it suitable for a variety of retail uses. Don't miss this chance to secure a prime retail location in a thriving area. Contact us today to schedule a viewing and explore the possibilities.
Property profile
Verified
Property type
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Year built
1977
Construction
FRAME
Total area
24,000 SF
Lot
2.54 ac (110,512 SF)
APN
39-164-02-008
UPID
US13-2675451
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
$4.02M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.74M
Blend (final)
Blend
$4.88M
Owner & transaction history
4975 Miller Street LLC
4975 Miller Street LLC
since 2025
Last sale
$5.7M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$7.3M
+13.3%
Industrial (general)
$6.8M
+5.1%
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
$4,220,000
ML approach
$4,020,000
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
$6,425,000
Current use
APARTMENT HOUSE (5+ UNITS)
$7,280,000
Change: +13% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$6,755,000
Change: +5% · Conversion: Difficult
MEDICAL BUILDING
$5,695,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$4.88M
Range $4.39M – $5.36M · ±10% · vs last sale $5.70M (Dec 29 2025)
Last sale anchor
$5.70M
Dec 29 2025
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
$203 / 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
$95,424
Tax year 2023
Assessed value
$1,029,259
Assessed 2023
Previous assessed
$1,029,259
+0.0% YoY
Effective rate
9.27%
On assessed value
Assessed land
$154,164
Assessed improvement
$875,095
Land market value
$552,560
Improvement market value
$3,136,540
Total market value
$3,689,100
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
Off-Market
Year built
1977
Construction
FRAME
Heating
YES
Cooling
YES
Buildings
2
Stories
2
Total area
24,000 SF
Lot
2.54 ac (110,512 SF)
APN
39-164-02-008
UPID
US13-2675451
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
$6.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$7.3M
INDUSTRIAL (GENERAL)
Est. value
$6.8M
MEDICAL BUILDING
Est. value
$5.7M
R&D FACILITY, LABORATORY, RESEARCH FACILITY, COSMETICS, PHARMACEUTICAL Current
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (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
1977
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
2
Buildings
2
Lot
2.54 ac
Current owner
From public records · entity-resolved
4975 Miller Street LLC
Entity
Mailing address
4975 MILLER ST, WHEAT RIDGE, CO 80033-2208
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2025
$5,700,000
4975 Miller Street LLC
Es 4975 Miller St LLC
Special Warranty Deed
—
Dec 3, 2024
$3,000,000
Es 4975 Miller St LLC
Mad Dragon Properties LLC
Special Warranty Deed
$2,450,000 · Corefirst Bank & Trust
Jul 1, 2021
$3,800,000
Mad Dragon Properties LLC
Pinnacle Stainless Real Estate LLC
Special Warranty Deed
$2,850,000 · Firstbank
Sep 9, 2019
$3,450,000
Pinnacle Stainless R & E LLC
Gottsch Family Investments LLC
Grant Deed
$2,415,000 · Firstbank
Nov 29, 2018
—
Gottsch Family Investments LLC
—
Deed
related
$1,000,000 · Citywide Banks
Feb 6, 2017
—
Gottsch Family Investments LLC
—
Trustees Deed
related
$300,000 · Keybank USA
Oct 2, 2014
$1,985,000
Gottsch Family Investments LLC
Pdpp LLC
Grant Deed
$997,500 · Keybank USA
Mar 8, 2005
—
Pdpp LLC
—
Trustees Deed
related
$603,000 · Front Range Regular Economic
Jun 2, 2004
$1,300,000
Pdpp LLC
W R Miller Partners LP
Grant Deed
$735,000 · Wells Fargo Bank
—
—
Gottsch Family Investments LLC
—
Loan Modification
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4975 Miller St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
