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Property profile & analytics
OFF-MARKET
Estimated value
$585,000
Self service car washes
5555 Colfax Ave Denver, CO 80220-1411
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US13-0384273
Property profile
Verified
Property type
Self service car washes
Use group
CAR WASH - SELF-SERVE
Year built
1980
Construction
WOOD
Total area
3,165 SF
Lot
0.37 ac (16,120 SF)
Zoning code
U-MS-3
APN
01314-28-012-000
UPID
US13-0384273
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
-
Scrubbles Car Wash Car Wash
-
Heavy Metal Powder Coating Powder Coating Service
-
Good Vibes Colorado Clothing Store Fashion Accessories Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$355k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$818k
Blend (final)
Blend
$585k
Owner & transaction history
Sparkles Car Wash LLC · 7 yrs held
Sparkles Car Wash LLC
since 2019
2 recorded transactions
Zoning & alternative use
U-MS-3 · 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
$355,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$585k
Range $527k – $644k · ±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
$185 / 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
$29,618
Tax year 2023
Assessed value
$382,230
Assessed 2023
Previous assessed
$210,660
+81.4% YoY
Effective rate
7.75%
On assessed value
Assessed land
$261,480
Assessed improvement
$120,750
Land market value
$967,200
Improvement market value
$432,800
Total market value
$1,400,000
Applied tax rate
470.0000
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
Self service car washes
Use group
CAR WASH - SELF-SERVE
Status
Off-Market
Year built
1980
Construction
WOOD
Heating
NONE
Stories
1
Total area
3,165 SF
Lot
0.37 ac (16,120 SF)
Zoning code
U-MS-3
APN
01314-28-012-000
UPID
US13-0384273
Jurisdiction
DENVER
Zoning & alternative use
U-MS-3 · Denver, CO
Zoning U-MS-3 · permitted uses
U-MS-3 · 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.
Building & site characteristics
From public records
Year built
1980
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.37 ac
Current owner
From public records · entity-resolved
Sparkles Car Wash LLC
Entity
Mailing address
2830 HANOVER ST, DENVER, CO 80238-3483
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 24, 2019
$1,281,500
Sparkles Car Wash LLC
Hpcw2 LLC
Special Warranty Deed
$896,000 · Citywide Banks
Dec 31, 2009
$490,000
Hpcw2 LLC
Miller,elna M
Warranty Deed
—
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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