Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6429 Miller St Arvada, CO 80004-2810

    • Office buildings
    • 7,734 SF
    • 0.85 lot acres
    OFF-MARKET
    Value Estimations
    $980,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-0075088
    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

    • Great Occasions / Nightclub / Music Venue
    • Warm Hearts ~ Warm Babies / Association / Organization
    • Dr. Alice A. Neumann, MD / Physician
    • Sound Electronic Service / (Bike/Boat/Book/etc) Store
    • Michelle Kropatsch / Physician

    Property Details for 6429 Miller St

    Year built
    1978
    Construction
    STEEL FRAME
    Lot size
    0.85 lot acres
    Property size
    7,734 SF
    Property type
    Office buildings
    APN
    39-044-21-021
    APU
    3904421021

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Arvada
    County
    Jefferson
    State
    Colorado
    Longitude
    -105.115
    Latitude
    39.8132
    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
    $9,501
    $87,746
    $10,211
    $97,957
    -
    $314,500
    $66,600
    $381,100

    Comparable in this City

    • Value Estimation
      $1,450,000
      6,504 SF

      11645 62nd Pl

      OFFICE BUILDING • 6,504 SF
      11645 62nd Pl, Arvada, CO 80004-4409
      View Details
    • Value Estimation
      $935,000
      5,778 SF

      5990 Kipling St

      OFFICE BUILDING • 5,778 SF
      5990 Kipling St, Arvada, CO 80004-4992
      View Details
    • Value Estimation
      $580,000
      3,709 SF

      9940 59th Pl

      OFFICE BUILDING • 3,709 SF
      9940 59th Pl, Arvada, CO 80004-5089
      View Details
    • Value Estimation by Request
      1,003 SF

      5801 Balsam Pl

      OFFICE BUILDING • 1,003 SF
      5801 Balsam Pl, Arvada, CO 80004-5531
      View Details
    • Value Estimation by Request
      1,390 SF

      5900 Ward Rd

      OFFICE BUILDING • 1,390 SF
      5900 Ward Rd, Arvada, CO 80004-3938
      View Details
    • Value Estimation
      $2,745,000
      3,125 SF

      12191 64th Ave

      OFFICE BUILDING • 3,125 SF
      12191 64th Ave, Arvada, CO 80004-4033
      View Details

    Similar Nearby for Sale

    • $1,350,000
      9,210 SF

      Arvada Medical/Office Building For Sale

      Fully leased medical/office building in Arvada, Colorado.
      12001 W 63Rd Pl, Arvada, CO 80004
      View Details
    • $3,100,000
      30,042 SF

      Arvada Office Building For Sale

      Office building with interior atrium and redevelopment potential in Arvada.
      12191 W 64Th Ave, Arvada, CO 80004
      View Details
    • $2,625,000
      4.00 Acres

      6640-6670 Simms St, Arvada, CO 80004

      Farms • 4.00 Acres
      6640 Simms St, Arvada, CO 80004
      View Details
    • $599,950
      1,762 SF

      Luxury Patio Home Facing Creek

      Move-in ready patio home with creek views and modern features.
      12341 W 58 Ct, Arvada, CO 80004
      View Details
    • $699,000

      Arvada Vacant Lot Opportunity

      0.95-acre vacant lot ideal for residential development.
      6285 Garrison St, Arvada, CO 80004
      View Details
    • Contact for pricing
      41,043 SF

      Arvada Retail Properties Sold

      Three retail properties in Arvada West Town Center.
      14455 West 64Th Ave, Arvada, CO 80004
      View Details

    Similar Nearby for Lease

    • $17 SF/Yr
      1,950 SF

      Arvada Office Space Available

      Two suites, 550-1400 sq ft, Jefferson County.
      5990 Kipling Pkwy, Arvada, CO 80004
      View Details
    • $17 SF/Yr
      24,451 SF

      Supreme Offices I: Prime Space Available

      Class A Office Suites, Multiple Sizes Available
      12191 64Th Ave, Arvada, CO 80004
      View Details
    • $15 SF/Yr
      1,400 SF

      Arvada Office Space for Lease

      Office suites available for lease in Arvada, Colorado.
      5990 Kipling St, Arvada, CO 80004
      View Details
    • $31 SF/Yr
      2,491 SF

      Turn-Key Medical/Dental Office Space

      Prime medical/dental office space in a sought-after location.
      6390 Gardenia St, Arvada, CO 80004
      View Details
    • $16 SF/Yr
      12,258 SF

      Arvada Executive Office Suites

      Prime Arvada Office Space Available
      9810 59Th Pl, Arvada, CO 80004
      View Details
    • $17 SF/Yr
      3,200 SF

      Arvada Office Space Available

      Office space for lease in a thriving Arvada location.
      11645 W 62Nd Pl, Arvada, CO 80004
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6429 Miller St
    Arvada, CO 80004-2810
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.