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Property profile & analytics
OFF-MARKET
Estimated value
$765,000
Residential income homes
5430 3rd Pl Lakewood, CO 80226-1964
Individually Owned
5-yr Hold
Property ID
US13-2793599
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1961
Construction
STEEL FRAME
Total area
2,988 SF
Lot
0.18 ac (7,840 SF)
APN
49-121-00-059
UPID
US13-2793599
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
$630k
CAP Approach
CAP
$765k
Comparable Approach
Comparable
$784k
Blend (final)
Blend
$765k
Owner & transaction history
Clinton Ross · 5 yrs held
Clinton Ross
since 2020
Last sale
$755,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.2M
+28.9%
Neighborhood: shopping center
$970,000
+4.4%
Retail stores
$960,000
+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
$620,000
ML approach
$630,000
CAP Approach
CAP Return
Estimation
6%
$830,000
6.5%
$765,000
7%
$710,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$930,000
Current use
AUTO REPAIR, GARAGE
$1,195,000
Change: +29% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$970,000
Change: +4% · Conversion: Difficult
RETAIL STORES
$960,000
Change: +3% · Conversion: Difficult
MEDICAL BUILDING
$905,000
Change: -2% · Conversion: Moderate
Blend value · Realmo final
$765k
Range $689k – $842k · ±10% · vs last sale $755k (Dec 30 2020)
Last sale anchor
$755k
Dec 30 2020
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
$256 / 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
$4,602
Tax year 2023
Assessed value
$47,353
Assessed 2023
Previous assessed
$47,353
+0.0% YoY
Effective rate
9.72%
On assessed value
Assessed land
$10,506
Assessed improvement
$36,847
Land market value
$156,800
Improvement market value
$604,960
Total market value
$761,760
Applied tax rate
7,005.0000
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
1961
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
3
Units
4
Rooms
4
Total area
2,988 SF
Lot
0.18 ac (7,840 SF)
APN
49-121-00-059
UPID
US13-2793599
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
$930,000
AUTO REPAIR, GARAGE
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$970,000
RETAIL STORES
Est. value
$960,000
MEDICAL BUILDING
Est. value
$905,000
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
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
1961
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
3
Units
4
Rooms
4
Lot
0.18 ac
Current owner
From public records · entity-resolved
Clinton Ross
Individual
Mailing address
5430 W 3RD PL, LAKEWOOD, CO 80226-1964
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
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
Dec 30, 2020
$755,000
Clinton Ross
5430 W 3rd Trust
Warranty Deed
$772,365 · Fairway Independent Mortgage Corp
Apr 10, 2018
—
5430 W 3rd Trust
Woche,michael
Quit Claim Deed
related
—
Sep 11, 2017
$552,000
Michael Woche
Singh International LLC
Warranty Deed
$414,000 · Franklin American Mortgage Co
Oct 20, 2015
$420,000
Singh International LLC
5340 LLC
Grant Deed
$336,000 · Firstbank
May 13, 2015
$340,000
5340 LLC
Maresh Jeffery L & Paula J
Grant Deed
$272,000 · Firstbank
Jun 27, 2012
—
Jeffery L Maresh
Maresh Ventures Unit 1 LLC
Quit Claim Deed
related
—
Nov 26, 2003
$309,000
Maresh Ventures 1 LLC
Nuncio,richard & Irma
Grant Deed
$247,200 · Washington Mutual Fsb
May 4, 2000
$255,000
Richard Nuncio
Sheets,dorothy L
Grant Deed
$204,000 · Principal Residential Mtg
—
—
Richard Nuncio
—
Deed Of Trust
related
$216,000 · Principal Residential Mtg
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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