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Property profile & analytics
OFF-MARKET
Estimated value
$3,625,000
Retail space
5191 112th Ave Westminster, CO 80031-2177
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US13-1256116
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2008
Total area
8,926 SF
Lot
1.39 ac (60,548 SF)
APN
R0177280
UPID
US13-1256116
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
-
Potter's Touch Training Center Vocational School
-
The Lash Stand Hair Salon
-
Professional Holiday Light Installer Home Decor Store Party Supply Store
-
EyeSight Eyecare Sunglasses Store Eye Care Center
-
Jamie Brotherton Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.63M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.34M
Blend (final)
Blend
$3.63M
Owner & transaction history
Ban1 5191 112th LLC · 1 yrs held
Ban1 5191 112th LLC
since 2024
Last sale
$3.6M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.8M
+17.5%
Restaurant
$3.3M
+3.2%
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
$3,625,000
ML approach
$3,625,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$3,240,000
Current use
AUTO REPAIR, GARAGE
$3,805,000
Change: +17% · Conversion: Difficult
RESTAURANT
$3,345,000
Change: +3% · Conversion: Easy
Blend value · Realmo final
$3.63M
Range $3.26M – $3.99M · ±10% · vs last sale $3.63M (Dec 17 2024)
Last sale anchor
$3.63M
Dec 17 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
$406 / 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
$62,598
Tax year 2023
Assessed value
$595,550
Assessed 2023
Previous assessed
$805,690
-26.1% YoY
Effective rate
10.51%
On assessed value
Assessed land
$225,250
Assessed improvement
$370,300
Land market value
$807,347
Improvement market value
$1,327,253
Total market value
$2,134,600
Applied tax rate
158.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2008
Heating
YES
Cooling
YES
Stories
1
Total area
8,926 SF
Lot
1.39 ac (60,548 SF)
APN
R0177280
UPID
US13-1256116
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
RETAIL STORES Current
Est. value
$3.2M
AUTO REPAIR, GARAGE
Est. value
$3.8M
RESTAURANT
Est. value
$3.3M
RETAIL STORES Current
AUTO REPAIR, GARAGE
RESTAURANT
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
2008
Heating
YES
Cooling
Yes
Stories
1
Lot
1.39 ac
Current owner
From public records · entity-resolved
Ban1 5191 112th LLC
Entity
Mailing address
88 INVERNESS CIR E UNIT A207, ENGLEWOOD, CO 80112-5521
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
Dec 17, 2024
$3,625,500
Ban1 5191 112th LLC
Scenic Ridge LLC
Special Warranty Deed
$2,331,225 · Credit Union Of Denver
Jul 2, 2015
—
Scenic Ridge LLC
112th & Sheridan Dev LLC
Grant Deed
related
$1,400,000 · Kgs-alpha R/e Cap Markets
—
—
112th & Sheridan Dev LLC
—
Deed Of Trust
related
$1,065,000 · Guaranty Bank
—
—
112th & Sheridan Dev LLC
—
Deed Of Trust
related
$100,000 · Guaranty Bank
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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