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Property profile & analytics
OFF-MARKET
Estimated value
$1,705,000
Retail space
5610 Lamar St Arvada, CO 80002-2624
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US13-0807564
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1974
Construction
STEEL FRAME
Total area
7,670 SF
Lot
0.59 ac (25,700 SF)
APN
39-123-09-001
UPID
US13-0807564
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
-
Flow Rite Plumbing and Drain Cleaning Plumbing Service General Contractor
-
Vectra Mechanical HVAC, Electrical and Plumbing Hardware & Home Improvement HVAC Service
-
Kenosha Auctions & Events Inc Trade Show Venue (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.64M
CAP Approach
CAP
$1.64M
Comparable Approach
Comparable
$1.87M
Blend (final)
Blend
$1.71M
Owner & transaction history
Boilermakerz LLC · 5 yrs held
Boilermakerz LLC
since 2021
Last sale
$1.1M
7 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
$1,690,000
ML approach
$1,640,000
CAP Approach
CAP Return
Estimation
6%
$1,770,000
6.5%
$1,635,000
7%
$1,515,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,640,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$1.71M
Range $1.53M – $1.88M · ±10% · vs last sale $1.06M (Apr 13 2021)
Last sale anchor
$1.06M
Apr 13 2021
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
$222 / 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
$23,582
Tax year 2023
Assessed value
$243,121
Assessed 2023
Previous assessed
$243,121
+0.0% YoY
Effective rate
9.70%
On assessed value
Assessed land
$89,629
Assessed improvement
$153,492
Land market value
$321,250
Improvement market value
$580,150
Total market value
$901,400
Applied tax rate
1,013.0000
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
1974
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Stories
3
Units
1
Total area
7,670 SF
Lot
0.59 ac (25,700 SF)
APN
39-123-09-001
UPID
US13-0807564
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
OFFICE BUILDING
Est. value
$2.6M
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
1974
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
3
Units
1
Lot
0.59 ac
Current owner
From public records · entity-resolved
Boilermakerz LLC
Entity
Mailing address
8863 W ILIFF LN, LAKEWOOD, CO 80227-3022
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 13, 2021
$1,060,000
Boilermakerz LLC
5610 Lamar LLC
Special Warranty Deed
$1,301,300 · Pacific Western National Bank
Nov 2, 2020
—
5610 Lamar LLC
—
Deed
related
$563,250 · Firstbank
Jul 27, 2020
$747,000
5610 Lamar LLC
Scb Properties LLC
Warranty Deed
—
May 19, 2020
—
Scb Properties LLC
Seacoast Cmrc Bk
Quit Claim Deed
related
—
May 15, 2020
—
Seacoast Cmrc Bk
Public Trustee Of Jefferson Cnty|feeaaobgtbits LLC
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Apr 28, 2020
$699,000
Feeaaobgtbits LLC
Public Trustee/ Jefferson Cnty
Certificate Of Purchase
$684,800
Jun 1, 2016
$500,000
Feeaaobgtbits LLC
Richard T Arnold
Special Warranty Deed
$684,800 · Seacoast Commerce Bank
Nov 18, 2014
$450,000
Richard T Arnold
Burnett,e James & Dorothy M
Grant Deed
$405,000 · E James & Dorothy M Burnett
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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