Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    5641 Washington St Denver, CO 80216

    • Manufacturing properties
    • 20,285 SF
    • 1.44 lot acres
    For Lease
    View listing
    $15 SF/Yr
    Last Sale
    Jul 29, 2021
    $3,500,000
    Value Estimations
    $3,685,000
    Cap Rate Potential
    4.7%
    Manufacturing properties
    Location Intelligence
    Property ID
    US13-0985412
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Fastenal / Manufacturer / Wholesaler
    • Industrial Pipe Solutions inc / Business To Business Service

    Property Details for 5641 Washington St

    Year built
    1968
    Lot size
    1.44 lot acres
    Property size
    20,285 SF
    Property type
    Manufacturing properties
    APN
    R0103576
    APU
    R0103576

    Value 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

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $5,268,000
      Market price range: $2.67M - $5.86M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Adams
    State
    Colorado
    Longitude
    -104.979
    Latitude
    39.799
    CBSA code
    19740
    CBSA name
    DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $105,896
    $157,350
    $824,900
    $982,250
    -
    $563,976
    $2,956,624
    $3,520,600

    Comparable in this City

    • Value Estimation
      $755,000
      146,036 SF

      5201 Fox St

      MANUFACTURING (LIGHT) • 146,036 SF
      5201 Fox St, Denver, CO 80216-1603
      View Details
    • Value Estimation
      $510,000
      60,076 SF

      5905 42nd Ave

      FOOD PROCESSING • 60,076 SF
      5905 42nd Ave, Denver, CO 80216-4613
      View Details
    • Value Estimation
      $475,000
      15,640 SF

      201 58th Ave

      MANUFACTURING (LIGHT) • 15,640 SF
      201 58th Ave, Denver, CO 80216-1304
      View Details
    • Value Estimation
      $835,000
      187,719 SF

      1485 61st Ave

      MANUFACTURING (LIGHT) • 187,719 SF
      1485 61st Ave, Denver, CO 80216-1243
      View Details
    • Value Estimation
      $525,000
      101,883 SF

      4770 51st Ave

      FOOD PROCESSING • 101,883 SF
      4770 51st Ave, Denver, CO 80216-3112
      View Details
    • Value Estimation
      $655,000
      366,514 SF

      5990 Washington St

      MANUFACTURING (LIGHT) • 366,514 SF
      5990 Washington St, Denver, CO 80216-1349
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      16,858 SF

      Denver Industrial Property: 16,858 SF

      Prime Denver warehouse, ideal for distribution.
      4600 Monaco St, Denver, CO 80216
      View Details
    • $4,500,000
      29,255 SF

      Denver Warehouse with Fenced Yard

      29,255 SF warehouse with central access and flexible loading.
      5757 E 42Nd Ave, Denver, CO 80216
      View Details
    • $6,400,000
      33,194 SF

      State-of-the-Art Lab and Extraction

      Licensed lab and extraction facility with existing tenants and income.
      3215-3225 E 42Nd Ave, Denver, CO 80216
      View Details
    • $2,800,000
      24,304 SF

      Industrial Property with Fenced Storage

      Industrial property with fenced storage yard near I-70.
      3300 43Rd Ave, Denver, CO 80216
      View Details
    • $2,800,000
      9,000 SF

      Denver Industrial Property with Upgrades

      Heavy industrial property with secured yard and freeway access.
      881 E 57Th Ave, Denver, CO 80216
      View Details
    • Contact for pricing
      27,000 SF

      Denver Industrial Warehouse & Silos

      27,000 SF Warehouse, 75 Silos, I-70 Visibility
      4390 Madison St, Denver, CO 80216
      View Details

    Similar Nearby for Lease

    • $11 SF/Yr
      25,460 SF

      Denver Industrial Space for Lease

      Flex, Warehouse, Manufacturing Space Available
      4321 Broadway, Denver, CO 80216
      View Details
    • Contact for pricing

      Industrial Building with Storage Yard

      69,096 SF industrial building with a 22.7-acre storage yard.
      301 West 60Th Pl, Denver, CO 80216
      View Details
    • $9 SF/Yr
      13,211 SF

      Industrial Property with Excellent Access

      Well-kept industrial property with access to I-25.
      4275 Broadway, Denver, CO 80216
      View Details
    • $7 SF/Yr
      61,558 SF

      Denver Industrial Manufacturing Space

      61,558 SF Warehouse, Heavy Power
      4900 41St Ave, Denver, CO 80216
      View Details
    • $12 SF/Yr
      23,011 SF

      Industrial Warehouse with Yard For Rent

      23,011 SF warehouse with fenced yard, I-70 frontage.
      4751 Fox St, Denver, CO 80216
      View Details
    • $8 SF/Yr
      54,065 SF

      Denver Industrial Space for Lease

      Versatile warehouse space, multiple units available
      300 53Rd Pl, Denver, CO 80216
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5641 Washington St
    Denver, CO 80216
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.