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Property profile & analytics
FOR SALE
Warehouses
5355 E 39Th Ave Denver, CO 80207
Entity Owned
26-yr Hold
~
Est. High Equity
Property ID
US13-0233576
For Sale
1 / 2
$2,950,000
5355 E 39Th Ave, Denver, CO 80207
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1981
Construction
STEEL FRAME
Total area
17,819 SF
Lot
0.88 ac (38,274 SF)
Zoning code
I-A
APN
01194-00-079-000
UPID
US13-0233576
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
-
Century Tire (Bike/Boat/Book/etc) Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.84M
Comparable Approach
Comparable
$2.61M
Blend (final)
Blend
$2.03M
Owner & transaction history
Bierbeke Co LLC · 26 yrs held
Bierbeke Co LLC
since 2000
Last sale
$2.1M
7 recorded transactions
Zoning & alternative use
I-A · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Denver submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Denver 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%
$3,070,000
6.5%
$2,835,000
7%
$2,630,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,530,000
Current use
Blend value · Realmo final
$2.03M
Range $1.83M – $2.23M · ±10% · vs last sale $2.05M (Apr 8 2025)
Last sale anchor
$2.05M
Apr 8 2025
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
$114 / 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
$60,376
Tax year 2023
Assessed value
$779,190
Assessed 2023
Effective rate
7.75%
On assessed value
Assessed land
$151,800
Assessed improvement
$627,390
Land market value
$574,100
Improvement market value
$2,248,700
Total market value
$2,822,800
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Sale
Year built
1981
Construction
STEEL FRAME
Heating
YES
Cooling
CENTRAL
Stories
1
Units
1
Total area
17,819 SF
Lot
0.88 ac (38,274 SF)
Zoning code
I-A
APN
01194-00-079-000
UPID
US13-0233576
Jurisdiction
DENVER
Zoning & alternative use
I-A · Denver, CO
Zoning I-A · permitted uses
I-A · Denver, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Denver. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.5M
WAREHOUSE, STORAGE Current
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
1981
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.88 ac
Current owner
From public records · entity-resolved
Bierbeke Co LLC
Entity
Mailing address
5355 E 39TH AVE, DENVER, CO 80207-1133
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2000
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 11, 2010
—
Bierbeke Co LLC
—
Trustees Deed
related
$250,000 · Firstbank Of Lakewood
Jul 6, 2009
—
Bierbeke Co LLC
—
Trustees Deed
related
$250,000 · Firstbank/lakewood
May 26, 2000
$625,000
Bierbeke Co LLC
John-phillips INC
Grant Deed
$557,887 · First National Bank Arvada
Jan 21, 1999
—
John-phillips Building INC
—
Deed Of Trust
related
$1,420,700 · Heller Financial
—
—
Bierbeke Co LLC
—
Loan Modification
related
$250,000 · Firstbank
—
—
Bierbeke Co LLC
—
Deed Of Trust
related
$250,000 · Firstbank NA
—
—
Bierbeke Co LLC
—
Deed Of Trust
related
$250,000 · Firstbank NA
—
—
Bierbeke Co LLC
—
Loan Modification
related
$250,000 · Firstbank
—
—
Bierbeke Co LLC
—
Loan Modification
related
$250,000 · Firstbank 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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