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Property profile & analytics
OFF-MARKET
Estimated value
$10,900,000
Auto shops
5055 72nd Ave Commerce City, CO 80022-1513
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US13-0601270
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1970
Total area
33,425 SF
Lot
6.21 ac (270,508 SF)
APN
R0077960
UPID
US13-0601270
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
$10.90M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$11.09M
Blend (final)
Blend
$10.90M
Owner & transaction history
4 Rivers Properties Commerce City I · 2 yrs held
4 Rivers Properties Commerce City I
since 2024
Last sale
$10.9M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$13.7M
+19.9%
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
$10,900,000
ML approach
$10,900,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$11,400,000
Current use
RESTAURANT
$13,670,000
Change: +20% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$10,850,000
Change: -5% · Conversion: Difficult
RETAIL STORES
$10,750,000
Change: -6% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$10,390,000
Change: -9% · Conversion: Difficult
MEDICAL BUILDING
$10,150,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$10.90M
Range $9.81M – $11.99M · ±10% · vs last sale $10.90M (Feb 21 2024)
Last sale anchor
$10.90M
Feb 21 2024
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
$326 / 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
$159,255
Tax year 2023
Assessed value
$1,771,860
Assessed 2023
Previous assessed
$1,250,670
+41.7% YoY
Effective rate
8.99%
On assessed value
Assessed land
$377,360
Assessed improvement
$1,394,500
Land market value
$1,352,540
Improvement market value
$4,998,210
Total market value
$6,350,750
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
1970
Heating
OTHER
Cooling
OTHER
Stories
1
Total area
33,425 SF
Lot
6.21 ac (270,508 SF)
APN
R0077960
UPID
US13-0601270
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
AUTO REPAIR, GARAGE Current
Est. value
$11.4M
RESTAURANT
Est. value
$13.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$10.9M
RETAIL STORES
Est. value
$10.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$10.4M
MEDICAL BUILDING
Est. value
$10.2M
AUTO REPAIR, GARAGE Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
1970
Heating
OTHER
Cooling
Yes
Stories
1
Lot
6.21 ac
Current owner
From public records · entity-resolved
4 Rivers Properties Commerce City I
Entity
Mailing address
1557 PROMONTORY CIR #110, GREELEY, CO 80634-9025
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 21, 2024
$10,900,000
4 Rivers Properties Commerce City I
Honnen Partners LLC
Special Warranty Deed
—
—
—
Honnen Partners LLC
—
Deed Of Trust
related
$9,000,000 · Us Bk
—
—
Honnen Partners LLC
—
Deed Of Trust
related
$672,000 · Us Bank NA
—
—
Honnen Partners LLC
—
Deed Of Trust
related
$672,000 · Us Bank NA
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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