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Property profile & analytics
OFF-MARKET
Estimated value
$5,495,000
Distribution centers
5830 Downing St Denver, CO 80216-1259
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US13-0745729
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1985
Total area
15,000 SF
Lot
2.62 ac (114,171 SF)
APN
R0103750
UPID
US13-0745729
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
-
DWS Co Inc Hardware & Home Improvement Interior Design
-
Appliance Zone - Restaurant Equipment Home Appliance Store Hardware & Home Improvement
-
yetiweurks Artist Engineering Consultant
-
Elmendorf Geurts Art Studio
-
VS1 LLC Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.84M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.57M
Blend (final)
Blend
$5.50M
Owner & transaction history
Rop Lynnewood LLC · 4 yrs held
Rop Lynnewood LLC
since 2021
Last sale
$5.3M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$6.1M
+146.1%
Auto repair, garage
$6.0M
+141.0%
Neighborhood: shopping center
$4.9M
+95.3%
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
$5,540,000
ML approach
$5,840,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$6,135,000
Change: +146% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,010,000
Change: +141% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$4,870,000
Change: +95% · Conversion: Moderate
RETAIL STORES
$4,825,000
Change: +93% · Conversion: Moderate
MEDICAL BUILDING
$4,555,000
Change: +83% · Conversion: Difficult
OFFICE BUILDING
$3,840,000
Change: +54% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$3,635,000
Change: +46% · Conversion: Difficult
Blend value · Realmo final
$5.50M
Range $4.95M – $6.04M · ±10% · vs last sale $5.30M (Sep 1 2021)
Last sale anchor
$5.30M
Sep 1 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
$366 / 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
$130,633
Tax year 2023
Assessed value
$1,211,700
Assessed 2023
Previous assessed
$1,107,770
+9.4% YoY
Effective rate
10.78%
On assessed value
Assessed land
$286,700
Assessed improvement
$925,000
Land market value
$1,027,584
Improvement market value
$3,315,416
Total market value
$4,343,000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1985
Heating
SPACE
Buildings
3
Stories
1
Total area
15,000 SF
Lot
2.62 ac (114,171 SF)
APN
R0103750
UPID
US13-0745729
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
RESTAURANT
Est. value
$6.1M
AUTO REPAIR, GARAGE
Est. value
$6.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.9M
RETAIL STORES
Est. value
$4.8M
MEDICAL BUILDING
Est. value
$4.6M
OFFICE BUILDING
Est. value
$3.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.6M
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
MEDICAL BUILDING
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
1985
Heating
SPACE
Stories
1
Buildings
3
Lot
2.62 ac
Current owner
From public records · entity-resolved
Rop Lynnewood LLC
Entity
Mailing address
5092 LAVENDER TER, CHINO HILLS, CA 91709-4903
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 1, 2021
$5,300,000
Rop Lynnewood LLC
5830 Downing Street LLC
Special Warranty Deed
$344,500 · First Fidelity Bank
Apr 30, 2020
$3,250,000
5830 Downing Street LLC
Robert C Nickerson
Warranty Deed
$2,731,375 · Midfirst Bk
May 14, 2004
—
Adams County (co)
Nickerson,robert C & Renee E
Grant Deed
related
—
—
—
Robert C Nickerson
—
Deed Of Trust
related
$140,000 · Us Bank NA
—
—
Robert C Nickerson
—
Deed Of Trust
related
$100,735 · Valley Bank & Trust Co
—
—
Robert C Nickerson
—
Deed Of Trust
related
$931,772 · Valley Bank & Trust Co
—
—
Robert C Nickerson
—
Deed Of Trust
related
$555,117 · Valley Bank & Trust Co
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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