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Property profile & analytics
OFF-MARKET
Estimated value
$1,640,000
Medical Office Space
735 Xenon Ct Lakewood, CO 80228-2809
Entity Owned
3-yr Hold
Free & Clear
Property ID
US13-0600206
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2004
Construction
STEEL FRAME
Total area
13,302 SF
Lot
0.74 ac (32,327 SF)
APN
49-172-09-001
UPID
US13-0600206
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
$1.70M
CAP Approach
CAP
$2.71M
Comparable Approach
Comparable
$2.70M
Blend (final)
Blend
$1.64M
Owner & transaction history
Tfi Colorado LLC · 3 yrs held
Tfi Colorado LLC
since 2022
Last sale
$2.2M
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 Lakewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lakewood 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
$1,640,000
ML approach
$1,695,000
CAP Approach
CAP Return
Estimation
6%
$2,935,000
6.5%
$2,710,000
7%
$2,520,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,405,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$1.64M
Range $1.48M – $1.80M · ±10% · vs last sale $2.15M (Oct 19 2022)
Last sale anchor
$2.15M
Oct 19 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
$123 / 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
$50,902
Tax year 2023
Assessed value
$564,417
Assessed 2023
Previous assessed
$564,417
+0.0% YoY
Effective rate
9.02%
On assessed value
Assessed land
$112,741
Assessed improvement
$451,676
Land market value
$404,088
Improvement market value
$1,648,912
Total market value
$2,053,000
Applied tax rate
7,033.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2004
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Units
1
Total area
13,302 SF
Lot
0.74 ac (32,327 SF)
APN
49-172-09-001
UPID
US13-0600206
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
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$3.4M
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
2004
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Units
1
Lot
0.74 ac
Current owner
From public records · entity-resolved
Tfi Colorado LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1 MONTICELLO VLG DR, WEAVERVILLE, NC 28787-8104
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 19, 2022
$2,150,000
Tfi Colorado LLC
735 S Xenon LLC
Special Warranty Deed
—
Apr 8, 2020
—
B Meltel LLC
—
Deed
related
—
Apr 3, 2020
$2,250,000
735 S Xenon LLC
Lizzy West LLC
Special Warranty Deed
$1,687,500 · Citywide Banks
Feb 26, 2016
$2,080,000
Lizzy West LLC
West Alameda Drive LLC
Grant Deed
$1,365,000 · Bank Of The West
—
—
Summit Cos INC
—
Deed Of Trust
related
$360,000 · Vectra Bank Colorado NA
—
—
B Meltel LLC
—
Loan Modification
related
—
—
—
West Alameda Drive LLC
—
Deed Of Trust
related
$315,000 · Bank Of Choice 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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