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Property profile & analytics
OFF-MARKET
Estimated value
$925,000
Retail space
6490 72nd Pl Commerce City, CO 80022-1703
Individually Owned
7-yr Hold
Free & Clear
Property ID
US13-2529807
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1952
Total area
6,657 SF
Lot
0.36 ac (15,551 SF)
APN
R0079902
UPID
US13-2529807
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$925k
Owner & transaction history
Joel D Martinez · 7 yrs held
Joel D Martinez
since 2019
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$139 / 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
$19,961
Tax year 2023
Assessed value
$222,090
Assessed 2023
Previous assessed
$178,530
+24.4% YoY
Effective rate
8.99%
On assessed value
Assessed land
$28,210
Assessed improvement
$193,880
Land market value
$101,101
Improvement market value
$694,899
Total market value
$796,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1952
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
6,657 SF
Lot
0.36 ac (15,551 SF)
APN
R0079902
UPID
US13-2529807
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
Building & site characteristics
From public records
Year built
1952
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.36 ac
Current owner
From public records · entity-resolved
Joel D Martinez
Individual
Free & Clear · 7 yrs held
Mailing address
7240 MONACO ST, COMMERCE CITY, CO 80022-1721
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 17, 2019
—
Joel D Martinez
Martinez,joel D
Quit Claim Deed
related
—
May 31, 2019
—
Joel D Martinez
—
Deed
related
$390,000 · Firstbank
Apr 3, 2014
$540,000
Joel D Martinez
Derby Duo LLC
Warranty Deed
$490,000 · Derby Duo LLC
Nov 15, 2010
$227,000
Derby Duo LLC
Valley Bk & Trust
Grant Deed
$186,336 · Valley Bank & Trust Co
Aug 5, 2008
$264,121
Valley Bank & Trust
Gonzalez,alejandro D
Deed In Lieu Of Foreclosure
related
—
Feb 28, 2000
—
Magnolia Enterprises LLC
Magnolia Enterprises LLC
Quit Claim Deed
related
—
—
—
Joel D Martinez
—
Deed Of Trust
related
$390,000 · Firstbank
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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