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Property profile & analytics
OFF-MARKET
Estimated value
$1,300,000
Retail space
5870 Wadsworth Blvd Arvada, CO 80003-5422
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US13-0198393
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1949
Construction
STEEL FRAME
Total area
3,200 SF
Lot
0.3 ac (13,110 SF)
APN
39-114-06-001
UPID
US13-0198393
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.77M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.78M
Blend (final)
Blend
$1.30M
Owner & transaction history
5870 Wadsworth LLC · 4 yrs held
5870 Wadsworth LLC
since 2021
Last sale
$1.2M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.6M
+21.1%
Auto repair, garage
$1.6M
+20.6%
Neighborhood: shopping center
$1.5M
+14.6%
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
by Request
ML approach
$1,765,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,290,000
Current use
COMMERCIAL (GENERAL)
$1,560,000
Change: +21% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,555,000
Change: +21% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,475,000
Change: +15% · Conversion: Moderate
OFFICE BUILDING
$1,230,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$1.30M
Range $1.17M – $1.43M · ±10% · vs last sale $1.20M (Jul 26 2021)
Last sale anchor
$1.20M
Jul 26 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
$406 / 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
$28,188
Tax year 2023
Assessed value
$290,606
Assessed 2023
Previous assessed
$290,606
+0.0% YoY
Effective rate
9.70%
On assessed value
Assessed land
$45,721
Assessed improvement
$244,885
Land market value
$163,875
Improvement market value
$907,725
Total market value
$1,071,600
Applied tax rate
1,037.0000
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
1949
Construction
STEEL FRAME
Heating
SPACE
Buildings
2
Stories
2
Total area
3,200 SF
Lot
0.3 ac (13,110 SF)
APN
39-114-06-001
UPID
US13-0198393
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
RETAIL STORES Current
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.2M
RETAIL STORES Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1949
Construction
STEEL FRAME
Heating
SPACE
Stories
2
Buildings
2
Lot
0.3 ac
Current owner
From public records · entity-resolved
5870 Wadsworth LLC
Entity
Mailing address
W, BOXFORD, MA 01885
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 26, 2021
$1,200,000
5870 Wadsworth LLC
Morrison Center LLC
Special Warranty Deed
$1,080,000 · Frederick Glore
Jul 26, 2021
—
5870 Wadsworth LLC
Morrison Center LLC
Quit Claim Deed
related
—
Jan 10, 2020
$865,000
Morrison Center LLC
Edward J Wehner & Bradley T Parkhil
Special Warranty Deed
$519,000 · Alpine Bank
Jan 10, 2020
—
Parkhill,b T Living Trust
Bradley Parkhill
Quit Claim Deed
related
—
May 19, 2010
—
Parkhill Bradleye T Living Trust
Parkhill,bradley
Quit Claim Deed
related
—
Jan 5, 2000
$228,800
Bradley Parkhill
Harold E Dobbs Estate
Grant Deed
$169,000 · First National Bank Arvada
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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