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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5345 Newport St Commerce City, CO 80022-4320

    • Office buildings
    • 4,608 SF
    • 2.71 lot acres
    OFF-MARKET
    Value Estimations
    $1,495,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-1339555
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 5345 Newport St

    Year built
    1973
    Lot size
    2.71 lot acres
    Property size
    4,608 SF
    Property type
    Office buildings
    APN
    R0092375
    APU
    R0092375

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,200,000
      6.5%
      $1,110,000
      7%
      $1,030,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,845,000
      Market price range: $669k - $1.85M
      AI Estimate
      $1,533,000
      Market price range: $435k - $1.53M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,180,000
      Current use
      AUTO REPAIR, GARAGE
      $1,570,000
      Change: +33% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $1,495,000
      Change: +27% Conversion: Difficult
      RETAIL STORES
      $1,480,000
      Change: +26% Conversion: Moderate
      MEDICAL BUILDING
      $1,400,000
      Change: +19% Conversion: Easy
      COMMERCIAL (GENERAL)
      $1,080,000
      Change: -8% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Commerce City
    County
    Adams
    State
    Colorado
    Longitude
    -104.91
    Latitude
    39.7926
    CBSA code
    19740
    CBSA name
    DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $71,354
    $197,470
    $596,410
    $793,880
    -
    $707,784
    $2,137,656
    $2,845,440

    Comparable in this City

    • Value Estimation by Request
      1,336 SF

      7101 54th Pl

      OFFICE BUILDING • 1,336 SF
      7101 54th Pl, Commerce City, CO 80022-4807
      View Details
    • Value Estimation
      $2,005,000
      6,180 SF

      6120 58th Ave

      OFFICE BUILDING • 6,180 SF
      6120 58th Ave, Commerce City, CO 80022-3971
      View Details
    • Value Estimation by Request
      2,158 SF

      3803 64th Ave

      OFFICE BUILDING • 2,158 SF
      3803 64th Ave, Commerce City, CO 80022-2212
      View Details
    • Value Estimation
      $1,425,000
      4,386 SF

      18121 81st Ave

      OFFICE BUILDING • 4,386 SF
      18121 81st Ave, Commerce City, CO 80022-9552
      View Details
    • Value Estimation by Request
      1,125 SF

      5855 Quebec St

      OFFICE BUILDING • 1,125 SF
      5855 Quebec St, Commerce City, CO 80022-4143
      View Details
    • Value Estimation
      $9,140,000
      74,167 SF

      5455 Brighton Blvd

      OFFICE BUILDING • 74,167 SF
      5455 Brighton Blvd, Commerce City, CO 80022-3603
      View Details

    Similar Nearby for Sale

    • $520,000

      Commerce City Office Building Investment

      One-story office building with finished basement, ideal for investors.
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    • $4,159,223
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      Commerce City NNN Investment Opportunity

      NNN leased property in a high-density Denver trade area.
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    • $580,000
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      Renovated Office with Yard Space

      Renovated office space with yard on 0.34 AC lot.
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    • Contact for pricing

      8.7 Acres Industrial Land, Commerce City

      Prime Adams County industrial land for sale.
      8600 Valentia St, Commerce City, CO 80022
      View Details
    • $1,850,000
      7,903 SF

      Commerce City Retail Storefront

      7,903 SF freestanding retail building
      6071 72Nd Ave, Commerce City, CO 80022
      View Details
    • $375,000
      1,500 SF

      Commerce City Warehouse Condo - $375K

      Luxury Garage Condo, 1500 sq ft, Vacant
      9658 Havana St, Commerce City, CO 80022
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      32,500 SF

      Commerce City Warehouse/Office Space

      Single tenant office/warehouse available for rent in Commerce City.
      5850 E 58Th Ave, Commerce City, CO 80022
      View Details
    • $650 /Mo
      2,977 SF

      New Office Building For Rent

      Three office spaces available in new building near 104th Chambers.
      10250 Idalia St, Commerce City, CO 80022
      View Details
    • $12 SF/Yr
      3,013 SF

      Versatile Flex Space in Commerce

      Adaptable office/industrial space with gated storage in Commerce City.
      4920 Monaco St, Commerce City, CO 80022
      View Details
    • $650 /Mo

      Office Spaces For Rent

      Office spaces available with shared amenities in a convenient location.
      10250 Idalia St, Commerce City, CO 80022
      View Details
    • Contact for pricing
      101,120 SF

      18146 84Th Ave

      Distribution properties • 101,120 SF
      18146 84Th Ave, Commerce City, CO 80022
      View Details
    • $10 SF/Yr
      3,360 SF

      Commerce City Warehouse Space Available

      Industrial Warehouse, 3360 sq ft, I-1S Zoning
      4970 Monaco St, Commerce City, CO 80022
      View Details
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    5345 Newport St
    Commerce City, CO 80022-4320
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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