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Property profile & analytics
OFF-MARKET
Estimated value
$11,155,000
Hotels
5010 88th Pl Westminster, CO 80031-3412
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US13-1193166
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1997
Total area
84,912 SF
Lot
3.13 ac (136,256 SF)
APN
R0170481
UPID
US13-1193166
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
Current use
Occupant on record · Public records
-
Residence Inn Denver North/Westminster Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.39M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$11.16M
Owner & transaction history
Adams Hospitality LLC · 1 yrs held
Adams Hospitality LLC
since 2024
Last sale
$12.5M
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$15.5M
+190.7%
Commercial (general)
$12.6M
+135.6%
Restaurant
$11.2M
+109.1%
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 Westminster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Westminster 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
$11,275,000
ML approach
$8,385,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$15,520,000
Change: +191% · Conversion: Difficult
COMMERCIAL (GENERAL)
$12,575,000
Change: +136% · Conversion: Difficult
RESTAURANT
$11,160,000
Change: +109% · Conversion: Difficult
AUTO REPAIR, GARAGE
$11,055,000
Change: +107% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$9,370,000
Change: +76% · Conversion: Difficult
Blend value · Realmo final
$11.16M
Range $10.04M – $12.27M · ±10% · vs last sale $12.48M (Nov 8 2022)
Last sale anchor
$12.48M
Nov 8 2022
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
$131 / 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
$285,708
Tax year 2023
Assessed value
$2,814,300
Assessed 2023
Previous assessed
$2,402,210
+17.2% YoY
Effective rate
10.15%
On assessed value
Assessed land
$304,120
Assessed improvement
$2,510,180
Land market value
$1,090,045
Improvement market value
$8,997,055
Total market value
$10,087,100
Applied tax rate
729.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1997
Heating
HEAT PUMP
Stories
4
Units
94
Rooms
94
Total area
84,912 SF
Lot
3.13 ac (136,256 SF)
APN
R0170481
UPID
US13-1193166
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
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$15.5M
COMMERCIAL (GENERAL)
Est. value
$12.6M
RESTAURANT
Est. value
$11.2M
AUTO REPAIR, GARAGE
Est. value
$11.1M
INDUSTRIAL (GENERAL)
Est. value
$9.4M
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
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
1997
Heating
HEAT PUMP
Stories
4
Units
94
Rooms
94
Lot
3.13 ac
Current owner
From public records · entity-resolved
Adams Hospitality LLC
Entity
Mailing address
1785 STATE HWY 26TH STE #400, GRAPEVINE, TX 76051-2217
Mailing matches property
Yes
Owner-occupied
Yes
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 12, 2024
—
Adams Hospitality LLC
Supreme Bright Colorado X LLC
Special Warranty Deed
$8,925,000 · Adams Bank & Trust
Nov 8, 2022
$12,480,000
Supreme Bright Colorado X LLC
R I Heritage Inn Of Westminster LP
Special Warranty Deed
$59,510,000 · Bright Colorado X LLC
Jul 2, 2015
$6,000,000
Hc Denver LLC
Hhp-westminster LLC
Grant Deed
$43,500,000 · Nxt Cap
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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