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    6990 Hwy 85 Commerce City, CO 80022
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    6990 Hwy 85 Commerce City, CO 80022

    View on Map
    • Retail space
    • 9,160 SF
    • 2.30 lot acres
    Off-Market
    Property ID
    US13-2355055
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $1,690,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 6990 Hwy 85

    Year built
    1971
    Lot size
    2.30 lot acres
    Property size
    9,160 SF
    Property type
    Retail space
    APN
    R0089681
    APU
    R0089681

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,090,000
      6.5%
      $1,930,000
      7%
      $1,790,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,145,000
      Market price range: $507k - $1.83M

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $2,780,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Commerce City
    County
    Adams
    State
    Colorado
    Longitude
    -104.929
    Latitude
    39.8232
    CBSA code
    19740
    CBSA name
    DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $43,658
    $117,320
    $368,420
    $485,740
    -
    $420,512
    $1,320,488
    $1,741,000

    Comparable in this City

    • Value Estimation by Request
      1,350 SF

      7787 Brighton Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,350 SF
      7787 Brighton Rd, Commerce City, CO 80022-1507
      View Details
    • Value Estimation by Request
      820 SF

      5403 Quebec St

      RETAIL STORES (PERSONAL SERVICES) • 820 SF
      5403 Quebec St, Commerce City, CO 80022-4838
      View Details
    • Value Estimation by Request
      2,076 SF

      8200 Rosemary St

      RETAIL STORES (PERSONAL SERVICES) • 2,076 SF
      8200 Rosemary St, Commerce City, CO 80022-4912
      View Details
    • Value Estimation
      $1,705,000
      10,052 SF

      4810 Pontiac St

      RETAIL STORES (PERSONAL SERVICES) • 10,052 SF
      4810 Pontiac St, Commerce City, CO 80022-4708
      View Details
    • Value Estimation
      $725,000
      4,600 SF

      7255 72nd Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,600 SF
      7255 72nd Ave, Commerce City, CO 80022-2256
      View Details
    • Value Estimation
      $895,000
      6,435 SF

      6454 72nd Pl

      RETAIL STORES (PERSONAL SERVICES) • 6,435 SF
      6454 72nd Pl, Commerce City, CO 80022-1703
      View Details

    Similar Nearby for Sale

    • $950,000

      Retail Building on 1.04 Acres

      Retail building in Commerce City, Northeast Submarket, on 1.04 acres.
      7576 Highway 2, Commerce City, CO 80022
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    • $2,440,000

      Retail Building in Commerce City

      4,720 SF retail building in the Northeast Submarket.
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    • $1,649,000
      15,312 SF

      Commerce City Commercial Property For Sale

      15,312 SF building on 0.69 acres with highway frontage.
      6350 E 72Nd Pl, Commerce City, CO 80022
      View Details
    • Contact for pricing
      7,225 SF

      Retail Space For Sale

      Retail space available for purchase.
      18364 E 104Th Ave, Commerce City, CO 80022
      View Details
    • $1,850,000
      7,903 SF

      Retail Property in Commerce City

      Retail property with established tenant, ideal for investors/owner-users.
      5983 E 72Nd Ave, Commerce City, CO 80022
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,339 SF

      Retail Space in Reunion

      1,339 SF retail space available in Reunion trade area.
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      View Details
    • Contact for pricing
      2,336 SF

      Restaurant/Retail Space in Denver, CO

      1,876 SF restaurant/retail space available for lease.
      4882 S Newport St, Denver, CO 80022
      View Details
    • Contact for pricing
      1,965 SF

      Retail Space in Community Center

      Retail spaces available in a high-traffic community center.
      6025 Parkway Dr, Commerce City, CO 80022
      View Details
    • Contact for pricing
      2,808 SF

      Retail Space on Vasquez Boulevard

      Retail space with excellent access and visibility available for rent.
      5984 Dahlia St, Commerce City, CO 80022
      View Details
    • $34 SF/Yr
      2,142 SF

      New Retail Space with Patio

      Modern retail space with patio in North Range Town Center.
      15550 E 103Rd Pl, Commerce City, CO 80022
      View Details
    • Contact for pricing
      2,238 SF

      Retail Space Near Major Highways

      Retail spaces with quick access to highways and DIA.
      10430 Chambers Rd, Commerce City, CO 80022
      View Details
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    6990 Hwy 85
    Commerce City, CO 80022
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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