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Property profile & analytics
OFF-MARKET
Estimated value
$2,075,000
Distribution centers
5981 Marion Dr Denver, CO 80216-1219
Individually Owned
24-yr Hold
~
Est. High Equity
Property ID
US13-0356284
Property summary
AI-generated overview
This exceptional 13,992-square-foot warehouse, located at 5981 Marion Drive in Golden, Colorado, presents a compelling investment opportunity. Priced at $2,500,000, this property boasts a desirable I-2 zoning designation and sits on a 0.77-acre lot. The warehouse features a 14-foot ceiling height, providing ample vertical space for storage and operations. Access is enhanced by seven drive-in doors of varying sizes: three 10'x10', two 12'x10', and two 14'x12'. The property benefits from robust power infrastructure, including 100KBA and 1500 AMPS, with electrical upgrades completed in 2007. Outdoor storage is permitted, adding to the property's versatility. Strategically located in an unincorporated Adams County enterprise zone and Colorado Opportunity Zone, this warehouse enjoys the advantages of improved infrastructure, including a recently widened four-lane road for enhanced accessibility. Loading access is conveniently available on three sides of the building. This property is offered as a NNN lease. The price per square foot is $178.67.
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1979
Total area
13,992 SF
Lot
0.77 ac (33,541 SF)
APN
R0103756
UPID
US13-0356284
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
-
Dyno-Pro Inc Auto Repair Shop Vehicle Inspection Center
-
Pocono Imaging Services Surveyor Service Establishment
-
Dc-racingengines Auto Parts Store
-
Colorado Imaging Services Construction Company
-
Johnson Printing Marketing & Advertising Advertising Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.23M
Comparable Approach
Comparable
$2.38M
Blend (final)
Blend
$2.08M
Owner & transaction history
Graphics Mountain · 24 yrs held
Graphics Mountain
since 2002
Last sale
$1.9M
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$3.4M
+45.9%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,410,000
6.5%
$2,225,000
7%
$2,065,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,325,000
Current use
APARTMENT HOUSE (5+ UNITS)
$3,395,000
Change: +46% · Conversion: Difficult
Blend value · Realmo final
$2.08M
Range $1.87M – $2.28M · ±10% · vs last sale $1.85M (Jun 3 2025)
Last sale anchor
$1.85M
Jun 3 2025
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
$148 / 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
$65,392
Tax year 2023
Assessed value
$606,550
Assessed 2023
Previous assessed
$429,170
+41.3% YoY
Effective rate
10.78%
On assessed value
Assessed land
$60,570
Assessed improvement
$545,980
Land market value
$217,100
Improvement market value
$1,956,900
Total market value
$2,174,000
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
1979
Heating
SPACE
Stories
1
Total area
13,992 SF
Lot
0.77 ac (33,541 SF)
APN
R0103756
UPID
US13-0356284
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
$2.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.4M
WAREHOUSE, STORAGE Current
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
1979
Heating
SPACE
Stories
1
Lot
0.77 ac
Current owner
From public records · entity-resolved
Graphics Mountain
Individual
Mailing address
12017 W 75TH LN, ARVADA, CO 80005-5308
Ownership since
2002
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 16, 2002
$750,000
Graphics Mountain
5981 Marion LLC
Grant Deed
$385,000 · Guaranty Bank & Trust Co
—
—
Kevin E Wright
—
Deed Of Trust
related
$40,000 · Guaranty Bank
—
—
Kevin E Wright
—
Deed Of Trust
related
$317,000 · Front Range Regional Econ Dev
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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