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Property profile & analytics
OFF-MARKET
Estimated value
$775,000
Retail space
5602 Nevada St Littleton, CO 80120-1116
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US13-0754326
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1942
Construction
STEEL FRAME
Total area
3,115 SF
Lot
0.14 ac (5,950 SF)
APN
2077-17-4-05-001
UPID
US13-0754326
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
-
Five Wellbeing Spa Alternative Medicine Practice Spa & Massage Center
-
Connect Knowledge Network IT Consulting Firm (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$865k
Comparable Approach
Comparable
$1.03M
Blend (final)
Blend
$775k
Owner & transaction history
Wellbeing Strategies LLC · 3 yrs held
Wellbeing Strategies LLC
since 2022
Last sale
$645,000
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.1M
+59.3%
Medical building
$925,000
+36.7%
Warehouse, storage
$830,000
+22.8%
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 Littleton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Littleton 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
$685,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$940,000
6.5%
$865,000
7%
$805,000
Alternative Use
Use
Estimation
RETAIL STORES
$675,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,080,000
Change: +59% · Conversion: Moderate
MEDICAL BUILDING
$925,000
Change: +37% · Conversion: Difficult
WAREHOUSE, STORAGE
$830,000
Change: +23% · Conversion: Difficult
OFFICE BUILDING
$745,000
Change: +10% · Conversion: Easy
Blend value · Realmo final
$775k
Range $698k – $853k · ±10% · vs last sale $645k (Aug 1 2022)
Last sale anchor
$645k
Aug 1 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
$249 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$31,137
Tax year 2021
Assessed value
$267,282
Assessed 2023
Previous assessed
$316,390
-15.5% YoY
Effective rate
11.65%
On assessed value
Land market value
$267,750
Improvement market value
$720,250
Total market value
$988,000
Applied tax rate
900.0000
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
Off-Market
Year built
1942
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Buildings
5
Stories
2
Bathrooms
4
Total area
3,115 SF
Lot
0.14 ac (5,950 SF)
APN
2077-17-4-05-001
UPID
US13-0754326
Jurisdiction
ARAPAHOE
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
RETAIL STORES Current
Est. value
$675,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$925,000
WAREHOUSE, STORAGE
Est. value
$830,000
OFFICE BUILDING
Est. value
$745,000
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
WAREHOUSE, STORAGE
OFFICE 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
1942
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
2
Buildings
5
Bathrooms
4
Lot
0.14 ac
Current owner
From public records · entity-resolved
Wellbeing Strategies LLC
Entity
Mailing address
2433 W LONG CIR, LITTLETON, CO 80120-4321
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2022
—
Wellbeing Strategies LLC
Slingshot Properties LLC
Quit Claim Deed
related
—
Apr 23, 2014
$645,000
Slingshot Properties LLC
Nevada Street Office Suites Ll
Grant Deed
$631,210 · Betsy Abrams
—
—
Nevada Street Office
—
Deed Of Trust
related
$160,000 · Colorado Business Bank NA
—
—
Nevada Street Office Suites
—
Deed Of Trust
related
$380,000 · First National Bank Colorado
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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