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Property profile & analytics
FOR LEASE
Retail space
5601 Olde Wadsworth Blvd Arvada, CO 80002
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US13-0876074
For Lease
$23 SF/Yr
5601 Olde Wadsworth Blvd, Arvada, CO 80002
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2006
Construction
STEEL FRAME
Total area
4,913 SF
Lot
0.12 ac (5,400 SF)
APN
39-113-26-012
UPID
US13-0876074
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
-
Edison Electricians of Arvada Electrical Service General Contractor
-
Jeremy Raskin Real Estate Agency
-
Nick Hamar, JPAR Modern Real Estate Real Estate Agency
-
Irina Bloshenko Real Estate Agency
-
NexMetro Communities CO Housing Development
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$735k
CAP Approach
CAP
$1.05M
Comparable Approach
Comparable
$1.17M
Blend (final)
Blend
$985k
Owner & transaction history
Highland Properties 3815 LLC · 10 yrs held
Highland Properties 3815 LLC
since 2015
4 recorded transactions
Zoning & alternative use
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 Arvada submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arvada 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
$735,000
CAP Approach
CAP Return
Estimation
6%
$1,135,000
6.5%
$1,045,000
7%
$970,000
Blend value · Realmo final
$985k
Range $887k – $1.08M · ±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
$200 / 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
$58,090
Tax year 2023
Assessed value
$550,638
Assessed 2023
Previous assessed
$550,638
+0.0% YoY
Effective rate
10.55%
On assessed value
Assessed land
$17,948
Assessed improvement
$532,690
Land market value
$64,328
Improvement market value
$1,939,284
Total market value
$2,003,612
Applied tax rate
1,209.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
2006
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Buildings
2
Stories
2
Total area
4,913 SF
Lot
0.12 ac (5,400 SF)
APN
39-113-26-012
UPID
US13-0876074
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
Building & site characteristics
From public records
Year built
2006
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
2
Buildings
2
Lot
0.12 ac
Current owner
From public records · entity-resolved
Highland Properties 3815 LLC
Entity
Mailing address
1888 N SHERMAN ST STE #500, DENVER, CO 80203-6000
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 4, 2015
$1,980,000
Highland Properties 3815 LLC
Reno Place Partners LLC
Grant Deed
$5,850,000 · Guaranty Bk
Aug 21, 2006
—
Reno Place Partners LLC
Arvada Urban Renewal Authority
Grant Deed
related
—
Aug 20, 2001
$325,000
Renewal Authority Arvada Urban
Arvadas Silicon Village LP
Grant Deed
related
—
Apr 3, 1998
$275,000
Arvadas Silicon Vllg LLP
Krenek,james D & Ethel M
Grant Deed
$250,000 · Individual
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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