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Property profile & analytics
OFF-MARKET
Estimated value
$27,250,000
Residential income homes
525 Saulsbury St Lakewood, CO 80226-3451
Entity Owned
6-yr Hold
Property ID
US13-0439386
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
2014
Total area
128,738 SF
Lot
1.54 ac (67,126 SF)
APN
49-141-14-009
UPID
US13-0439386
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
by Request
CAP Approach
CAP
$32.92M
Comparable Approach
Comparable
$20.51M
Blend (final)
Blend
$27.25M
Owner & transaction history
Ta Trifecta Belmar LLC · 6 yrs held
Ta Trifecta Belmar LLC
since 2019
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$41.8M
+4.4%
Retail stores
$41.4M
+3.5%
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 Lakewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lakewood 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$35,660,000
6.5%
$32,915,000
7%
$30,565,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$40,020,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$41,785,000
Change: +4% · Conversion: Difficult
RETAIL STORES
$41,400,000
Change: +3% · Conversion: Difficult
MEDICAL BUILDING
$39,090,000
Change: -2% · Conversion: Moderate
Blend value · Realmo final
$27.25M
Range $24.53M – $29.98M · ±10%
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
$212 / 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
$423,057
Tax year 2023
Assessed value
$3,578,135
Assessed 2023
Previous assessed
$3,578,135
+0.0% YoY
Effective rate
11.82%
On assessed value
Assessed land
$89,949
Assessed improvement
$3,488,186
Land market value
$1,342,520
Improvement market value
$52,117,480
Total market value
$53,460,000
Applied tax rate
7,118.0000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
2014
Heating
YES
Cooling
YES
Units
1
Rooms
91
Total area
128,738 SF
Lot
1.54 ac (67,126 SF)
APN
49-141-14-009
UPID
US13-0439386
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$40.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$41.8M
RETAIL STORES
Est. value
$41.4M
MEDICAL BUILDING
Est. value
$39.1M
APARTMENT HOUSE (5+ UNITS) Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
2014
Heating
YES
Cooling
Yes
Units
1
Rooms
91
Lot
1.54 ac
Current owner
From public records · entity-resolved
Ta Trifecta Belmar LLC
Entity
Mailing address
28 STATE ST, BOSTON, MA 02109-1775
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2019
$70,600,000
Ta Trifecta Belmar LLC
Cpf Trifecta LLC
Grant Deed
—
Apr 8, 2016
$58,125,000
Cpf Trifecta LLC
Belmar Investors LP
Grant Deed
—
Dec 19, 2013
$4,400,000
Belmar Investors LP
Sra Land Asset LLC
Grant Deed
$29,000,000 · Bank Of The Ozarks
Nov 20, 2008
—
Sra Land Asset LLC
Sra Asset LLC
Quit Claim Deed
related
—
Dec 19, 2006
—
Sra Asset LLC
Southeast Residl Assocs LLC
Grant Deed
related
$39,000,000 · Gfp-belmar LLC
—
—
Sra Land Asset LLC
—
Deed Of Trust
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.
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