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Property profile & analytics
OFF-MARKET
Estimated value
$2,215,000
Distribution centers
5950 Sheridan Blvd Arvada, CO 80003-6923
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US13-0748851
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1969
Total area
17,200 SF
Lot
1.23 ac (53,579 SF)
APN
R0102964
UPID
US13-0748851
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
$3.06M
CAP Approach
CAP
$2.62M
Comparable Approach
Comparable
$1.85M
Blend (final)
Blend
$2.22M
Owner & transaction history
Sheridan Station 5950 LLC · 6 yrs held
Sheridan Station 5950 LLC
since 2020
Last sale
$2.2M
4 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 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
$3,055,000
CAP Approach
CAP Return
Estimation
6%
$2,830,000
6.5%
$2,615,000
7%
$2,425,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,605,000
Current use
Blend value · Realmo final
$2.22M
Range $1.99M – $2.44M · ±10% · vs last sale $2.20M (Feb 25 2020)
Last sale anchor
$2.20M
Feb 25 2020
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
$129 / 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
$72,811
Tax year 2023
Assessed value
$590,280
Assessed 2023
Previous assessed
$571,730
+3.2% YoY
Effective rate
12.33%
On assessed value
Assessed land
$104,640
Assessed improvement
$485,640
Land market value
$375,052
Improvement market value
$1,740,648
Total market value
$2,115,700
Applied tax rate
535.0000
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
1969
Heating
SPACE
Stories
1
Units
11
Total area
17,200 SF
Lot
1.23 ac (53,579 SF)
APN
R0102964
UPID
US13-0748851
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
WAREHOUSE, STORAGE Current
Est. value
$2.6M
WAREHOUSE, STORAGE Current
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
1969
Heating
SPACE
Stories
1
Units
11
Lot
1.23 ac
Current owner
From public records · entity-resolved
Sheridan Station 5950 LLC
Entity
Mailing address
10835 RAINRIBBON RD, HIGHLANDS RANCH, CO 80126-5659
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 27, 2026
—
5972 Sheridan Blvd LLC
—
Deed
related
$1,700,000 · Central Trust Bank
Feb 25, 2020
$2,200,000
Sheridan Station 5950 LLC
Ringsby Terminals INC
Grant Deed
$1,430,000 · Bellco Cu
Mar 24, 2016
—
Italinvest LLC
Delpiccolo,luciano & Mario
Quit Claim Deed
related
—
Mar 24, 2016
$1,240,000
Ringsby Terminals INC
Italinvest LLC
Warranty Deed
—
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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