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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Residential income homes
7280 74th Ave Commerce City, CO 80022-1608
Individually Owned
24-yr Hold
Property ID
US13-0365029
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1944
Construction
FRAME
Total area
2,236 SF
Lot
0.22 ac (9,583 SF)
APN
R0079816
UPID
US13-0365029
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
$570k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$505k
Owner & transaction history
Jose L Flores · 24 yrs held
Jose L Flores
since 2001
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$765,000
+9.7%
Neighborhood: shopping center
$725,000
+4.4%
Retail stores
$720,000
+3.5%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$620,000
6.5%
$570,000
7%
$530,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$695,000
Current use
AUTO REPAIR, GARAGE
$765,000
Change: +10% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$725,000
Change: +4% · Conversion: Difficult
RETAIL STORES
$720,000
Change: +3% · Conversion: Difficult
MEDICAL BUILDING
$680,000
Change: -2% · Conversion: Moderate
OFFICE BUILDING
$570,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$505k
Range $455k – $556k · ±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
$226 / 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
$5,119
Tax year 2023
Assessed value
$57,500
Assessed 2023
Previous assessed
$57,500
+0.0% YoY
Effective rate
8.90%
On assessed value
Assessed land
$3,890
Assessed improvement
$53,610
Land market value
$57,474
Improvement market value
$792,526
Total market value
$850,000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1944
Construction
FRAME
Heating
RADIANT
Stories
1
Units
4
Rooms
12
Bathrooms
4
Total area
2,236 SF
Lot
0.22 ac (9,583 SF)
APN
R0079816
UPID
US13-0365029
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$695,000
AUTO REPAIR, GARAGE
Est. value
$765,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$725,000
RETAIL STORES
Est. value
$720,000
MEDICAL BUILDING
Est. value
$680,000
OFFICE BUILDING
Est. value
$570,000
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1944
Construction
FRAME
Heating
RADIANT
Stories
1
Units
4
Rooms
12
Bathrooms
4
Lot
0.22 ac
Current owner
From public records · entity-resolved
Jose L Flores
Individual
Mailing address
15601 E 52ND AVE, DENVER, CO 80239-5621
Ownership since
2001
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2001
$195,000
Jose L Flores
Monroe,jeffrey W & Donna
Grant Deed
$156,000 · Greenpoint Mortgage Funding
Mar 29, 2000
$182,000
Jeffrey W Monroe
Valdez,ruben L & Mary N
Grant Deed
$163,800 · Mortgage Planning & Lending Sp
—
—
Jose L Flores
—
Deed Of Trust
related
$143,500 · Bank Of America
—
—
Jose L Flores
—
Deed Of Trust
related
$164,500 · America's Wholesale Lender
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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