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Property profile & analytics
FOR SALE
Retail space
5605 Sheridan Blvd Arvada, CO 80002
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US13-2716754
For Sale
1 / 3
$3,350,000
5605 Sheridan Blvd, Arvada, CO 80002
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1957
Construction
STEEL FRAME
Total area
1,705 SF
Lot
0.33 ac (14,549 SF)
APN
39-124-05-030
UPID
US13-2716754
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
-
DLM Landscape Supply Garden Center Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$915k
Blend (final)
Blend
$1.38M
Owner & transaction history
Dlm Land Partners LLC · 5 yrs held
Dlm Land Partners LLC
since 2020
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$830,000
+21.1%
Auto repair, garage
$825,000
+20.6%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$830,000
Change: +21% · Conversion: Easy
AUTO REPAIR, GARAGE
$825,000
Change: +21% · Conversion: Difficult
Blend value · Realmo final
$1.38M
Range $1.24M – $1.51M · ±10% · vs last sale $1.70M (Aug 12 2020)
Last sale anchor
$1.70M
Aug 12 2020
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
$806 / 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
$13,789
Tax year 2023
Assessed value
$144,804
Assessed 2023
Previous assessed
$144,804
+0.0% YoY
Effective rate
9.52%
On assessed value
Assessed land
$50,740
Assessed improvement
$94,064
Land market value
$181,863
Improvement market value
$367,147
Total market value
$549,010
Applied tax rate
4,412.0000
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 Sale
Year built
1957
Construction
STEEL FRAME
Heating
SPACE
Stories
2
Units
1
Total area
1,705 SF
Lot
0.33 ac (14,549 SF)
APN
39-124-05-030
UPID
US13-2716754
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
COMMERCIAL (GENERAL)
Est. value
$830,000
AUTO REPAIR, GARAGE
Est. value
$825,000
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1957
Construction
STEEL FRAME
Heating
SPACE
Stories
2
Units
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
Dlm Land Partners LLC
Entity
Mailing address
9696 W 71ST PL, ARVADA, CO 80004-1673
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 12, 2020
$1,700,000
Dlm Land Partners LLC
Jcc Arvada LLC
Grant Deed
$1,240,000 · Jcc Arvada LLC
Feb 15, 2019
—
Jcc Arvada LLC
Cook,jon C
Quit Claim Deed
related
$675,000 · First American St Bk
Aug 6, 2018
—
Jcc Arvada LLC
—
Deed
related
$636,000 · Lawrence Family Ents LLC
Apr 24, 2013
—
Jcc Arvada LLC
Ns 2010 LLC
Quit Claim Deed
related
$1,100,000 · Woodmen World
Nov 12, 2010
—
Ns2010 LLC
Cook,jon C
Quit Claim Deed
related
—
Mar 13, 2006
$500,000
Jon C Cook
Heck,rick R & Nancy L
Warranty Deed
$500,000 · Private Lender
Mar 1, 2006
$500,000
Jon C Cook
Heck,rick R & Nancy L
Grant Deed
—
—
—
Rick R Heck
—
Deed Of Trust
related
$600,000 · Valley Bank & Trust Co
—
—
Jon C Cook
—
Deed Of Trust
related
$886,000 · Heartland Bank
—
—
Jon C Cook
—
Deed Of Trust
related
$6,200,000 · Heartland Bank
—
—
Rick R Heck
—
Deed Of Trust
related
$150,000 · Valley Bank & Trust Co
—
—
Rick R Heck
—
Deed Of Trust
related
$350,000 · North Valley Bank
—
—
Jon C Cook
—
Deed Of Trust
related
$525,000 · Bank Of Choice
—
—
Ns 2012 LLC
—
Deed Of Trust
related
$2,605,000 · Lawrence & Lawrence LLC
—
—
Jcc Arvada LLC
—
Deed Of Trust
related
$636,000 · Lawrence Family Ents LLC
—
—
Rick R Heck
—
Deed Of Trust
related
$219,638 · North Valley Bank
—
—
Jon C Cook
—
Deed Of Trust
related
$650,000 · Heartland Bank
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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