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Property profile & analytics
FOR LEASE
Drive through restaurants
5650 N Washington St Denver, CO 80216
Individually Owned
24-yr Hold
~
Est. High Equity
Property ID
US13-0320419
For Lease
1 / 2
Contact for pricing
5650 N Washington St, Denver, CO 80216
View Listing →
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1988
Total area
3,120 SF
Lot
2.31 ac (100,624 SF)
APN
R0103767
UPID
US13-0320419
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
-
Milagro Denture Inc Dental Office
-
Auto Paint Supply Hardware & Home Improvement Building Supply
-
Neon Land Signs (Bike/Boat/Book/etc) Store Printing Service
-
Dirty Dill Brewery & Distillery Bar & Pub
-
Daedalus Design Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Business Park Prope Washington · 24 yrs held
Business Park Prope Washington
since 2001
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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$115,160
Tax year 2023
Assessed value
$1,068,180
Assessed 2023
Previous assessed
$668,960
+59.7% YoY
Effective rate
10.78%
On assessed value
Assessed land
$252,990
Assessed improvement
$815,190
Land market value
$906,786
Improvement market value
$2,921,814
Total market value
$3,828,600
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
For Lease
Year built
1988
Heating
OTHER
Cooling
OTHER
Buildings
4
Stories
1
Total area
3,120 SF
Lot
2.31 ac (100,624 SF)
APN
R0103767
UPID
US13-0320419
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
Building & site characteristics
From public records
Year built
1988
Heating
OTHER
Cooling
Yes
Stories
1
Buildings
4
Lot
2.31 ac
Current owner
From public records · entity-resolved
Business Park Prope Washington
Individual
Mailing address
2871 N SPEER BLVD, DENVER, CO 80211-4226
Ownership since
2001
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 7, 2020
—
Washington Business Park Prop
—
Deed
related
$1,994,620 · Centennial Lndg
May 6, 2019
—
Washington Busn Pk Prop LLC
—
Deed
related
$801,000 · Tbk Bk Ssb
Feb 22, 2019
—
Washington Busn Pk Prop LLC
—
Deed
related
$750,000 · Tbk Bk Ssb
Mar 22, 2018
—
Washington Busn Pk Prop LLC
—
Deed
related
$1,250,000 · Tbk Bk Ssb
Nov 19, 2001
$956,500
Business Park Prope Washington
Superior Investments X INC
Grant Deed
$1,100,000 · North American Savings Bank
—
—
Washington Busn Pk Prop LLC
—
Loan Modification
related
$801,000 · Tbk Bk Ssb
—
—
Washington Busn Pk Prop LLC
—
Deed Of Trust
related
$750,000 · Tbk Bk Ssb
—
—
Washington Busn Park Prop LLC
—
Deed Of Trust
related
$37,381 · Guaranty Bank
—
—
Washington Busn Park Prop LLC
—
Loan Modification
related
$1,393,918 · Guaranty Bank
—
—
Washington Busn Park Prop LLC
—
Deed Of Trust
related
$1,500,000 · Centennial Bank Of The West
—
—
Washington Business Park Prop
—
Deed Of Trust
related
$1,994,620 · Centennial Lndg
—
—
Washington Business Park Ctr
—
Deed Of Trust
related
$1,150,000 · Community First National Bank
—
—
Washington Busn Pk Prop LLC
—
Deed Of Trust
related
$1,250,000 · Tbk Bk Ssb
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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