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    Property profile & analytics

    7578 Sheridan Blvd Westminster, CO 80003-6214

    • Medical Office Space
    • 4,100 SF
    • 0.53 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-0366426
    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.

    Current Use by Public Records

    • Medical Office Space

    Property Details for 7578 Sheridan Blvd

    Year built
    1973
    Lot size
    0.53 lot acres
    Property size
    4,100 SF
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    R0155916
    APU
    R0155916

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Westminster
    County
    Adams
    State
    Colorado
    Longitude
    -105.052
    Latitude
    39.8339
    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
    $18,292
    $57,370
    $122,810
    $180,180
    -
    $205,614
    $440,186
    $645,800

    Comparable in this City

    • Value Estimation
      $880,000
      4,422 SF

      7025 Sheridan Blvd

      MEDICAL BUILDING • 4,422 SF
      7025 Sheridan Blvd, Arvada, CO 80003-3813
      View Details
    • Value Estimation
      $1,825,000
      12,372 SF

      7502 80th Ave

      MEDICAL BUILDING • 12,372 SF
      7502 80th Ave, Arvada, CO 80003-2147
      View Details
    • Value Estimation
      $685,000
      3,142 SF

      7991 Vance Dr Ste A

      MEDICAL BUILDING • 3,142 SF
      7991 Vance Dr Ste A, Arvada, CO 80003-2148
      View Details
    • Value Estimation
      $725,000
      5,161 SF

      7768 Vance Dr

      MEDICAL BUILDING • 5,161 SF
      7768 Vance Dr, Arvada, CO 80003-2153
      View Details
    • Value Estimation
      $1,775,000
      14,116 SF

      8721 Wadsworth Blvd

      MEDICAL BUILDING • 14,116 SF
      8721 Wadsworth Blvd, Arvada, CO 80003-0929
      View Details
    • Value Estimation
      $6,200,000
      38,486 SF

      7701 Sheridan Blvd

      MEDICAL BUILDING • 38,486 SF
      7701 Sheridan Blvd, Westminster, CO 80003-2605
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Arvada Medical Office For Sale

      Medical office space available for purchase in Arvada, Colorado.
      7991 Vance Dr, Arvada, CO 80003
      View Details
    • $1,500,000

      Medical Office with Parking

      Single tenant medical office in Northwest Denver with parking.
      6303 Wadsworth Bypass St, Arvada, CO 80003
      View Details
    • $1,400,000
      Pending

      Arvada Church and Office Space

      Church with meeting areas, classrooms, offices, and kitchen.
      6774 W 66Th Ave, Arvada, CO 80003
      View Details
    • $425,000

      Arvada Land with Mountain Views

      Undeveloped 0.7-acre lot with views, suitable for residential construction.
      7402 W 76Th Ave, Arvada, CO 80003
      View Details
    • $3,975,000

      Former Walgreens in Arvada, Colorado

      High-profile retail building on a prominent corner with drive-through.
      6395 Sheridan Blvd, Arvada, CO 80003
      View Details
    • $6,999,999
      30,708 SF

      Arvada Industrial Investment

      High-yield, fully occupied warehouse.
      5550 60Th Ave, Arvada, CO 80003
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,519 SF

      Arvada Office Space Available

      Office space for rent with convenient access and amenities.
      7502 W 80Th Ave, Arvada, CO 80003
      View Details
    • $16 SF/Yr
      1,025 SF

      Arvada Office Space Available

      Office space available for rent in Arvada, Colorado.
      8120 Sheridan Blvd, Arvada, CO 80003
      View Details
    • Contact for pricing
      15,000 SF

      Westminster Pad Site: Prime Location

      High-visibility land, drive-thru potential.
      8787 Sheridan Blvd, Westminster, CO 80003
      View Details
    • $3 SF/Yr
      1,584 SF

      Redevelopment Land for Ground Lease or Sale

      Land • 1,584 SF
      5190 65Th Ave, Arvada, CO 80003
      View Details
    • Contact for pricing
      24,000 SF

      Arvada Warehouse with Fenced Yard

      Warehouse, office, and fenced yard space available for lease.
      5920 Lamar St, Arvada, CO 80003
      View Details
    • Contact for pricing

      Retail Space in Growing Area

      Highly visible shopping center in a rapidly growing Denver area.
      8025 Sheridan Blvd, Arvada, CO 80003
      View Details
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    Westminster, CO 80003-6214
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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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