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Property profile & analytics
OFF-MARKET
Estimated value
$12,765,000
Office buildings
650 12th St Golden, CO 80401
Individually Owned
7-yr Hold
Free & Clear
Property ID
US13-0782139
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2001
Construction
STEEL FRAME
Total area
68,681 SF
Lot
1.62 ac (70,654 SF)
APN
30-273-10-027
UPID
US13-0782139
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
$16.52M
Comparable Approach
Comparable
$8.55M
Blend (final)
Blend
$12.77M
Owner & transaction history
Colorado St Board Of Land Comm · 7 yrs held
Colorado St Board Of Land Comm
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 Golden submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Golden 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%
$17,890,000
6.5%
$16,515,000
7%
$15,335,000
Blend value · Realmo final
$12.77M
Range $11.49M – $14.04M · ±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
$186 / 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
Assessed value
$3,830,168
Assessed 2023
Previous assessed
$3,830,168
+0.0% YoY
Assessed land
$788,499
Assessed improvement
$3,041,669
Land market value
$2,826,160
Improvement market value
$10,902,040
Total market value
$13,728,200
Applied tax rate
5,030.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2001
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Buildings
2
Stories
4
Total area
68,681 SF
Lot
1.62 ac (70,654 SF)
APN
30-273-10-027
UPID
US13-0782139
Jurisdiction
JEFFERSON
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
2001
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
4
Buildings
2
Lot
1.62 ac
Current owner
From public records · entity-resolved
Colorado St Board Of Land Comm
Individual
Free & Clear · 7 yrs held
Mailing address
1127 N SHERMAN ST STE #300, DENVER, CO 80203-2398
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
28 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2019
—
Colorado St Board Of Land Comm
Karlin Golden LLC
Grant Deed
related
—
Feb 17, 2011
—
Karlin Golden LLC
Cordes,edward B
Grant Deed
—
Mar 22, 2005
$637,600
Hiller-clear Creek Square LLC
Dbsi Clear Creek Square LLC
Grant Deed
—
Mar 22, 2005
$469,100
Groen-clear Creek Square LLC
Dbsi Clear Creek Square LLC
Grant Deed
—
Mar 16, 2005
$340,000
Wheeler-clear Creek Square LLC
Dbsi Clear Creek Square LLC
Grant Deed
—
Mar 14, 2005
—
Roberts-clear Creek Square LLC
Dbsi Clear Creek Square LLC
Grant Deed
—
Mar 2, 2005
—
Sislin-clear Creek Square LLC
Dbsi Clear Creek Square LLC
Grant Deed
—
Feb 25, 2005
$1,062,600
Stromfeld-clear Creek Sq LLC
Dbsi Clear Creek Square LLC
Grant Deed
—
Feb 25, 2005
$425,000
Hildebrand-clear Creek Sq LLC
Dbsi Clear Creek Square LLC
Grant Deed
—
Feb 25, 2005
—
Sgl Family Partners Ltd
Golden Opportunity Funds LLC
Quit Claim Deed
related
—
Feb 25, 2005
$535,600
Neal-clear Creek Square LLC
Dbsi Clear Creek Square LLC
Grant Deed
—
Feb 25, 2005
$418,700
Lilly-clear Creek Square LLC
Dbsi Clear Creek Square LLC
Grant Deed
—
Feb 25, 2005
$769,600
Doyle-clear Creek Square LLC
Dbsi Clear Creek Square LLC
Grant Deed
—
Feb 25, 2005
$552,600
Nilon-clear Creek Square LLC
Dbsi Clear Creek Square LLC
Grant Deed
—
Feb 25, 2005
$422,300
Saumure-clear Creek Square LLC
Dbsi Clear Creek Square LLC
Grant Deed
—
Feb 25, 2005
$175,300
Hsy-clear Creek Square LLC
Dbsi Clear Creek Square LLC
Grant Deed
—
Feb 25, 2005
$416,600
Reighley-clear Creek Sq LLC
Dbsi Clear Creek Square LLC
Grant Deed
—
Feb 25, 2005
$11,600,000
Dbsi Clear Creek Square LLC
Golden Opportunity Funds LLC
Special Warranty Deed
$7,500,000 · Gmac Commercial Mortgage Bank
Feb 25, 2005
$798,700
Shelton-clear Creek Square LLC
Dbsi Clear Creek Square LLC
Grant Deed
—
Feb 25, 2005
$1,275,100
Thompson-clear Creek Sq LLC
Dbsi Clear Creek Square LLC
Grant Deed
—
Feb 25, 2005
$765,100
Schwindler-clear Creek Sq LLC
Dbsi Clear Creek Square LLC
Grant Deed
—
Feb 25, 2005
$403,800
Blecker-clear Creek Square LLC
Dbsi Clear Creek Square LLC
Grant Deed
—
Feb 25, 2005
$337,800
Hurt-clear Creek Square LLC
Dbsi Clear Creek Square LLC
Grant Deed
—
Feb 25, 2005
$573,800
Owens-clear Creek Square LLC
Dbsi Clear Creek Square LLC
Grant Deed
—
Feb 25, 2005
$460,400
Stukenholtz-clear Creek Sq LLC
Dbsi Clear Creek Square LLC
Grant Deed
—
Feb 25, 2005
$393,200
Elpaso-clear Creek Square LLC
Dbsi Clear Creek Square LLC
Grant Deed
—
—
—
Karlin Golden LLC
—
Deed Of Trust
related
$8,800,000 · J P Morgan Chase Bank
—
—
Karlin Golden LLC
—
Deed Of Trust
related
$6,525,000 · Gmac Com'l Mtg Secs I #2005-c1
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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