Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,570,000
Manufacturing properties
5641 Washington St Denver, CO 80216-1306
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US13-0985412
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1968
Total area
20,285 SF
Lot
1.44 ac (62,726 SF)
APN
R0103576
UPID
US13-0985412
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
-
Fastenal Building Supply General Contractor
-
Industrial Pipe Solutions inc Business To Business Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.62M
CAP Approach
CAP
$2.65M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.57M
Owner & transaction history
5641 N Washington LLC · 4 yrs held
5641 N Washington LLC
since 2021
Last sale
$3.5M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$5.2M
+39.8%
Apartment house (5+ units)
$4.9M
+32.5%
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 Denver submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Denver 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
$3,660,000
ML approach
$3,615,000
CAP Approach
CAP Return
Estimation
6%
$2,870,000
6.5%
$2,650,000
7%
$2,460,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,715,000
Current use
OFFICE BUILDING
$5,190,000
Change: +40% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$4,920,000
Change: +32% · Conversion: Difficult
Blend value · Realmo final
$3.57M
Range $3.21M – $3.93M · ±10% · vs last sale $3.50M (Jul 29 2021)
Last sale anchor
$3.50M
Jul 29 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
$176 / 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
$105,896
Tax year 2023
Assessed value
$982,250
Assessed 2023
Previous assessed
$683,850
+43.6% YoY
Effective rate
10.78%
On assessed value
Assessed land
$157,350
Assessed improvement
$824,900
Land market value
$563,976
Improvement market value
$2,956,624
Total market value
$3,520,600
Applied tax rate
85.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1968
Heating
OTHER
Cooling
OTHER
Stories
1
Total area
20,285 SF
Lot
1.44 ac (62,726 SF)
APN
R0103576
UPID
US13-0985412
Jurisdiction
ADAMS
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
INDUSTRIAL (GENERAL) Current
Est. value
$3.7M
OFFICE BUILDING
Est. value
$5.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.9M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
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
1968
Heating
OTHER
Cooling
Yes
Stories
1
Lot
1.44 ac
Current owner
From public records · entity-resolved
5641 N Washington LLC
Entity
Mailing address
PO BOX 4995, ENGLEWOOD, CO 80155-4995
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 29, 2021
$3,500,000
5641 N Washington LLC
Bnc Services LLC
Special Warranty Deed
$2,147,000 · Redstone Bank
Dec 22, 2015
$1,750,000
Bnc Services LLC
Meier & Frank Merchandise Co INC
Special Warranty Deed
$1,630,000 · Compass Bank
—
—
Meier & Frank Merchandise Co
—
Deed Of Trust
related
$267,713 · Community First National Bank
—
—
Meier & Frank Merchandise Co I
—
Deed Of Trust
related
$232,953 · Citywide Banks
—
—
Meier & Frank Merchandise Co I
—
Deed Of Trust
related
$150,000 · Citywide Banks
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5641 Washington St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
