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Property profile & analytics
OFF-MARKET
Estimated value
$675,000
Auto shops
6872 Hwy 2nd 2 Commerce City, CO 80022-2408
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US13-0084080
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1951
Total area
1,943 SF
Lot
0.5 ac (21,780 SF)
APN
R0089808
UPID
US13-0084080
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
$690k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$855k
Blend (final)
Blend
$675k
Owner & transaction history
6872 Hwy 2 LLC · 5 yrs held
6872 Hwy 2 LLC
since 2021
Last sale
$649,750
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
$715,000
ML approach
$690,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$665,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$630,000
Change: -5% · Conversion: Difficult
RETAIL STORES
$625,000
Change: -6% · Conversion: Difficult
MEDICAL BUILDING
$590,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$675k
Range $608k – $743k · ±10% · vs last sale $650k (Jul 1 2021)
Last sale anchor
$650k
Jul 1 2021
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
$347 / 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
$14,594
Tax year 2023
Assessed value
$162,370
Assessed 2023
Previous assessed
$143,300
+13.3% YoY
Effective rate
8.99%
On assessed value
Assessed land
$36,780
Assessed improvement
$125,590
Land market value
$131,826
Improvement market value
$450,144
Total market value
$581,970
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1951
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
1,943 SF
Lot
0.5 ac (21,780 SF)
APN
R0089808
UPID
US13-0084080
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
AUTO REPAIR, GARAGE Current
Est. value
$665,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$630,000
RETAIL STORES
Est. value
$625,000
MEDICAL BUILDING
Est. value
$590,000
AUTO REPAIR, GARAGE Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
MEDICAL BUILDING
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
1951
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
0.5 ac
Current owner
From public records · entity-resolved
6872 Hwy 2 LLC
Entity
Mailing address
5232 BOSTON ST, DENVER, CO 80238-3927
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 9, 2023
—
6872 Hwy 2 LLC
—
Deed
related
$650,000 · Timberline Bank
Jul 1, 2021
$649,750
6872 Hwy 2 LLC
Matthew W Fehr
Warranty Deed
$50,000 · Marty Morris
Mar 2, 2016
$450,000
Matthew W Fehr
Jd Auto II LLC
Grant Deed
—
Aug 1, 2014
$365,000
Jd Auto II LLC
Tamarack Properties INC
Special Warranty Deed
$318,750 · First National Bank
Oct 24, 2011
$320,000
Tamarack Properties INC
First Natl Bk
Grant Deed
$224,000 · First National Bank
Sep 16, 2011
—
Natl Bk First
Public Trustee Of Adams County
Trustees Deed
related
—
Aug 30, 2011
$330,000
14517 Larch LLC
Public Trustee Of Adams County
Certificate Of Purchase
$390,000
Jan 9, 2009
$560,000
14517 Larch LLC
Atd Investments LLC
Warranty Deed
$390,000 · First National Bank
Mar 24, 2006
—
Atd Investments LLC
Cordova & Cordova
Grant Deed
$1,030,000 · Guaranty Bank
Sep 13, 2000
$115,000
Cordova
Arnold,mark V & Matthew R
Grant Deed
$133,624 · Firstier Bank NA
—
—
Matthew R Arnold
—
Deed Of Trust
related
$36,198 · Key Bank NA
—
—
Cordova
—
Deed Of Trust
related
$960,000 · First National Bank Arvada
—
—
Cordova
—
Deed Of Trust
related
$177,401 · First National Bank Arvada
—
—
Cardova & Cordova Partnership
—
Deed Of Trust
related
$124,000 · Community First National Bank
—
—
Cordova & Cordova Partnership
—
Deed Of Trust
related
$600,000 · First National Bank Arvada
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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