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Property profile & analytics
OFF-MARKET
Estimated value
$1,160,000
Retail space
5603 Yukon St Arvada, CO 80002-2486
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US13-1120986
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1960
Construction
STEEL FRAME
Total area
3,688 SF
Lot
0.14 ac (6,250 SF)
APN
39-113-24-014
UPID
US13-1120986
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
-
StudioStars Recording Studio
-
Arvada Urban Renewal Authority Urban Planning Department
-
Arvada Economic Development Association Social Service Agency
-
Denver Video Studios Film Production Television Studio
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.41M
CAP Approach
CAP
$785k
Comparable Approach
Comparable
$899k
Blend (final)
Blend
$1.16M
Owner & transaction history
Arvada Urban Renewal Authority · 4 yrs held
Arvada Urban Renewal Authority
since 2022
Last sale
$1.2M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.8M
+21.1%
Auto repair, garage
$1.8M
+20.6%
Neighborhood: shopping center
$1.7M
+14.6%
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
$1,505,000
ML approach
$1,410,000
CAP Approach
CAP Return
Estimation
6%
$850,000
6.5%
$785,000
7%
$730,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,485,000
Current use
COMMERCIAL (GENERAL)
$1,800,000
Change: +21% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,790,000
Change: +21% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,700,000
Change: +15% · Conversion: Moderate
OFFICE BUILDING
$1,270,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$1.16M
Range $1.04M – $1.28M · ±10% · vs last sale $1.18M (Mar 17 2022)
Last sale anchor
$1.18M
Mar 17 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
$315 / 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
Assessed value
$120,919
Assessed 2023
Previous assessed
$120,919
+0.0% YoY
Assessed land
$21,797
Assessed improvement
$99,122
Land market value
$78,125
Improvement market value
$355,275
Total market value
$433,400
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
Off-Market
Year built
1960
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Stories
2
Units
2
Total area
3,688 SF
Lot
0.14 ac (6,250 SF)
APN
39-113-24-014
UPID
US13-1120986
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
RETAIL STORES Current
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.3M
RETAIL STORES Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1960
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
2
Units
2
Lot
0.14 ac
Current owner
From public records · entity-resolved
Arvada Urban Renewal Authority
Entity
Mailing address
5601 OLDE WADSWORTH BLVD STE, ARVADA, CO 80002-2503
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 17, 2022
$1,175,000
Arvada Urban Renewal Authority
Yukon Street Studios LLC
Warranty Deed
—
Apr 9, 2013
$383,000
Yukon Street Studios LLC
Ashby,lester M & Ruth F
Warranty Deed
$191,500 · J P Morgan Chase Bank
Jul 24, 1998
$185,000
Lester M Ashby
Gorrell,lloyd W & Leona F
Grant Deed
$139,000 · First National Bank Arvada
—
—
Lester M Ashby
—
Deed Of Trust
related
$50,000 · First National Bank Arvada
—
—
Lester M Ashby
—
Deed Of Trust
related
$50,000 · Bank Of Choice
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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