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Property profile & analytics
OFF-MARKET
Estimated value
$6,840,000
Auto shops
5590 55th Ave Commerce City, CO 80022-3833
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US13-0056490
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1981
Total area
19,280 SF
Lot
5.42 ac (236,226 SF)
APN
R0175483
UPID
US13-0056490
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
$7.04M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.77M
Blend (final)
Blend
$6.84M
Owner & transaction history
5590 East Partners LLC · 3 yrs held
5590 East Partners LLC
since 2022
Last sale
$7.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$7.9M
+19.9%
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 Commerce City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Commerce City 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
$6,325,000
ML approach
$7,035,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$6,575,000
Current use
RESTAURANT
$7,885,000
Change: +20% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$6,260,000
Change: -5% · Conversion: Difficult
RETAIL STORES
$6,200,000
Change: -6% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$5,995,000
Change: -9% · Conversion: Difficult
MEDICAL BUILDING
$5,855,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$6.84M
Range $6.16M – $7.52M · ±10% · vs last sale $7.00M (Nov 23 2022)
Last sale anchor
$7.00M
Nov 23 2022
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
$355 / 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
$68,409
Tax year 2023
Assessed value
$761,110
Assessed 2023
Previous assessed
$761,110
+0.0% YoY
Effective rate
8.99%
On assessed value
Assessed land
$329,560
Assessed improvement
$431,550
Land market value
$1,181,210
Improvement market value
$1,546,790
Total market value
$2,728,000
Applied tax rate
250.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1981
Heating
SPACE
Buildings
2
Stories
1
Total area
19,280 SF
Lot
5.42 ac (236,226 SF)
APN
R0175483
UPID
US13-0056490
Jurisdiction
ADAMS
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
AUTO REPAIR, GARAGE Current
Est. value
$6.6M
RESTAURANT
Est. value
$7.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.3M
RETAIL STORES
Est. value
$6.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.0M
MEDICAL BUILDING
Est. value
$5.9M
AUTO REPAIR, GARAGE Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
1981
Heating
SPACE
Stories
1
Buildings
2
Lot
5.42 ac
Current owner
From public records · entity-resolved
5590 East Partners LLC
Entity
Mailing address
414 S 16TH ST STE #100, PHILADELPHIA, PA 19146-1989
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 3, 2023
—
5590 East Partners LLC
—
Deed
related
$3,000,000 · Truist Bank
Nov 23, 2022
$7,000,000
5590 East Partners LLC
Richard Konn
Special Warranty Deed
$175,000 · Bellco Cu
May 17, 2022
—
Richard Konn
Direct Mcr Properties LLC
Quit Claim Deed
related
—
Sep 29, 2004
$1,475,000
Direct Mcr Properties LLC
Bfi Waste Systems Of North Americ
Grant Deed
$775,000 · Wells Fargo Bank
Jul 16, 1998
$900,000
Bfi Waste Systems
Panling Associates
Grant Deed
—
—
—
Direct Mcr Properties LLC
—
Deed Of Trust
related
$1,134,441 · Guaranty Bank
—
—
Direct Mcr Properties LLC
—
Deed Of Trust
related
$639,000 · Front Range Regular Economic
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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