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    Property profile & analytics

    5940 59th Ave Arvada, CO 80003-5669

    • Warehouses
    • 3,364 SF
    • 1.39 lot acres
    OFF-MARKET
    Value Estimation
    $670,000
    Location Intelligence
    Property ID
    US13-1152771
    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

    • Brother's Fence Company / Fence Contractor
    • H&S Property Maintenance / Asphalt Contractor
    • ALC Property Maintenance / Property Maintenance
    • Diamond Excavating, Inc. / Excavating Contractor

    Property Details for 5940 59th Ave

    Year built
    1999
    Construction
    STEEL FRAME
    Lot size
    1.39 lot acres
    Property size
    3,364 SF
    Property type
    Warehouses
    APN
    39-124-02-002
    APU
    3912402002

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $750,000

    • CAP approach

      CAP return
      Estimation
      6%
      $685,000
      6.5%
      $620,000
      7%
      $665,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $565,000
      Geo Method
      $660,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $575,000
      Retail
      $745,000
      Mixed-Use
      $695,000
      Hospitality
      $670,000
      Educational
      $640,000
      Residential Income
      $665,000
      Energy
      $570,000
      Income-Based Land
      $560,000
      Food Service
      $560,000

    Location Insight

    • Map
    • Local Demand
    City
    Arvada
    County
    Jefferson
    State
    Colorado
    Longitude
    -105.061
    Latitude
    39.803
    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
    $48,557
    $84,746
    $415,863
    $500,609
    -
    $303,750
    $1,520,550
    $1,824,300

    Comparable in this City

    • Value Estimation
      $4,825,000
      2,700 SF

      5965 Sheridan Blvd

      MINI-WAREHOUSE, STORAGE • 2,700 SF
      5965 Sheridan Blvd, Arvada, CO 80003-5718
      View Details
    • Value Estimation by Request
      1,984 SF

      5903 Lamar St

      WAREHOUSE, STORAGE • 1,984 SF
      5903 Lamar St, Arvada, CO 80003-5618
      View Details
    • Value Estimation by Request
      8,000 SF

      6611 58th Pl

      WAREHOUSE, STORAGE • 8,000 SF
      6611 58th Pl, Arvada, CO 80003-5501
      View Details
    • Value Estimation
      $1,040,000
      27,005 SF

      6727 58th Pl

      WAREHOUSE, STORAGE • 27,005 SF
      6727 58th Pl, Arvada, CO 80003-5503
      View Details
    • Value Estimation
      $1,090,000
      26,765 SF

      6715 58th Pl

      WAREHOUSE, STORAGE • 26,765 SF
      6715 58th Pl, Arvada, CO 80003-5503
      View Details
    • Value Estimation by Request
      7,650 SF

      6535 Sheridan Blvd

      MINI-WAREHOUSE, STORAGE • 7,650 SF
      6535 Sheridan Blvd, Arvada, CO 80003-4750
      View Details

    Similar Nearby for Sale

    • $6,999,999
      30,708 SF

      Arvada Industrial Investment

      High-yield, fully occupied warehouse.
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    • $6,799,000
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      Renovated Industrial Asset For Sale

      Fully renovated, 100% occupied industrial asset with long-term leases.
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      Arvada Heavy Industrial Opportunity

      Versatile industrial building with flexible layout and desirable zoning.
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    • $305,000
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      Light-Filled Townhome with Community Amenities

      Inviting townhome near garden, pool, and tennis courts.
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      27,521 SF

      King Soopers Anchored Retail Space

      Retail space within King Square Shopping Center, Denver MSA.
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      Arvada Commercial Property - 1.7 Acres

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    Similar Nearby for Lease

    • $6,500 /Mo
      5,000 SF

      Arvada Warehouse Space Available

      Industrial park location with easy metro access and ample parking.
      6709-6719 W 58Th Pl, Arvada, CO 80003
      View Details
    • Contact for pricing
      4,681 SF

      West Denver Warehouse Unit

      Warehouse with secured yard area and new office finish.
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      View Details
    • $16 SF/Yr
      24,000 SF

      Arvada Warehouse with Fenced Yard

      Warehouse, office, and fenced yard space available for lease.
      5920 Lamar St, Arvada, CO 80003
      View Details
    • $13 SF/Yr
      3,800 SF

      Arvada Industrial Space Available

      Industrial property in Arvada available for rent January 1st.
      5880 W 59Th Ave, Arvada, CO 80003
      View Details
    • Contact for pricing
      13,500 SF

      Former Walgreens for Lease

      Former Walgreens for Lease
      6395 Sheridan Blvd, Arvada, CO 80003
      View Details
    • Contact for pricing
      3,547 SF

      Arvada Neighborhood Shopping Center Space

      Retail space available in Arvada's Northridge Shopping Center.
      7785 Wadsworth Blvd, Arvada, CO 80003
      View Details
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    Arvada, CO 80003-5669
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    Realmo Value Estimation

    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.

    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.

    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
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