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Property profile & analytics
FOR LEASE
Warehouses
6880 E 56Th Ave, Commerce City, CO 80022
Entity Owned
3-yr Hold
Free & Clear
Property ID
US13-2746402
For Lease
1 / 2
$16 SF/Yr
6880 E 56Th Ave, Commerce City, CO 80022
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1969
Total area
10,416 SF
Lot
7.23 ac (314,939 SF)
APN
R0092257
UPID
US13-2746402
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
$4.11M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.23M
Owner & transaction history
Inland Truck Parts Company · 3 yrs held
Inland Truck Parts Company
since 2022
Last sale
$4.4M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.3M
+150.3%
Auto repair, garage
$3.6M
+108.8%
Neighborhood: shopping center
$3.4M
+98.6%
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
$3,985,000
ML approach
$4,105,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$4,260,000
Change: +150% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,555,000
Change: +109% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$3,380,000
Change: +99% · Conversion: Moderate
RETAIL STORES
$3,350,000
Change: +97% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$3,240,000
Change: +90% · Conversion: Difficult
MEDICAL BUILDING
$3,165,000
Change: +86% · Conversion: Difficult
OFFICE BUILDING
$2,665,000
Change: +57% · Conversion: Difficult
Blend value · Realmo final
$4.23M
Range $3.80M – $4.65M · ±10% · vs last sale $4.41M (Aug 26 2022)
Last sale anchor
$4.41M
Aug 26 2022
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
$406 / 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
$48,617
Tax year 2023
Assessed value
$540,910
Assessed 2023
Previous assessed
$714,440
-24.3% YoY
Effective rate
8.99%
On assessed value
Assessed land
$351,440
Assessed improvement
$189,470
Land market value
$1,259,630
Improvement market value
$679,090
Total market value
$1,938,720
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1969
Heating
OTHER
Cooling
OTHER
Stories
1
Units
21
Total area
10,416 SF
Lot
7.23 ac (314,939 SF)
APN
R0092257
UPID
US13-2746402
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
RESTAURANT
Est. value
$4.3M
AUTO REPAIR, GARAGE
Est. value
$3.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.4M
RETAIL STORES
Est. value
$3.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.2M
MEDICAL BUILDING
Est. value
$3.2M
OFFICE BUILDING
Est. value
$2.7M
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
OFFICE 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
1969
Heating
OTHER
Cooling
Yes
Stories
1
Units
21
Lot
7.23 ac
Current owner
From public records · entity-resolved
Inland Truck Parts Company
Entity
Free & Clear · 3 yrs held
Mailing address
7015 COLLEGE BLVD STE #650, OVERLAND PARK, KS 66211-1543
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 26, 2022
$4,409,143
Inland Truck Parts Company
Brown Aden Commerce City LLC
Special Warranty Deed
—
Oct 17, 2016
—
Brown Transfer Co LLC
—
Deed
related
—
Jan 12, 2007
$1,200,000
Brown-aden Commerce City LLC
Oak Creek Ranch LLC
Warranty Deed
—
Oct 23, 2001
—
Lawrence D Crouse
K P Enterprises INC
Grant Deed
related
—
—
—
Brown Transfer Co LLC
—
Deed Of Trust
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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