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Property profile & analytics
OFF-MARKET
Estimated value
$970,000
Distribution centers
6455 56th Ave Commerce City, CO 80022-3924
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US13-0034529
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1987
Total area
7,500 SF
Lot
1.03 ac (44,867 SF)
APN
R0091926
UPID
US13-0034529
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
by Request
CAP Approach
CAP
$1.19M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$970k
Owner & transaction history
Ten O Nine LLC · 10 yrs held
Ten O Nine LLC
since 2016
7 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 Commerce City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Commerce City 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%
$1,290,000
6.5%
$1,190,000
7%
$1,105,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,225,000
Current use
Blend value · Realmo final
$970k
Range $873k – $1.07M · ±10%
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
$56,394
Tax year 2023
Assessed value
$627,450
Assessed 2023
Previous assessed
$504,740
+24.3% YoY
Effective rate
8.99%
On assessed value
Assessed land
$75,330
Assessed improvement
$552,120
Land market value
$270,000
Improvement market value
$1,978,900
Total market value
$2,248,900
Applied tax rate
250.0000
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
1987
Heating
SPACE
Buildings
2
Stories
1
Total area
7,500 SF
Lot
1.03 ac (44,867 SF)
APN
R0091926
UPID
US13-0034529
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
$1.2M
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
1987
Heating
SPACE
Stories
1
Buildings
2
Lot
1.03 ac
Current owner
From public records · entity-resolved
Ten O Nine LLC
Entity
Mailing address
5271 RED PASS LN, CASTLE ROCK, CO 80108-7788
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 3, 2024
—
Ten O Nine LLC
—
Deed
related
$2,640,000 · Umb Bank NA
May 3, 2016
$1,820,000
Ten O Nine LLC
56 Monaco LLC
Special Warranty Deed
$1,456,000 · Umb Bank NA
Mar 28, 2014
$1,160,000
56 Monaco LLC
6455 E 56th Ave LLC
Special Warranty Deed
$580,000 · Commerce Bank
Sep 2, 2005
—
6455 E 56th Ave LLC
Jlw Investment LLC
Quit Claim Deed
related
—
Apr 29, 2005
$900,000
Jlw Investment LLC
P & J Trujillo Lllp
Grant Deed
—
Jun 7, 2004
—
Denman Nina A Trust
Denman,nina A
Quit Claim Deed
related
—
Nov 17, 2000
—
P LLP
Trujillo,jerry E & Peggy L
Quit Claim Deed
related
—
—
—
56 Monaco LLC
—
Deed Of Trust
related
$481,000 · Colorado Lndg Source
—
—
Jlw Investment LLC
—
Deed Of Trust
related
$250,000 · Citywide Banks
—
—
Jlw Investment LLC
—
Deed Of Trust
related
$595,000 · Firstbank Of Denver NA
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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