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Property profile & analytics
OFF-MARKET
Estimated value
$2,805,000
Office buildings
8120 Sheridan Blvd Westminster, CO 80003-6104
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US13-0870216
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1981
Total area
15,840 SF
Lot
2.02 ac (87,991 SF)
APN
R0063127
UPID
US13-0870216
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
Current use
Occupant on record · Public records
-
Courageous Counseling Colorado, PLLC Counselor Mental Health Service
-
Gifted Development Center Charitable Organization Social Service Agency
-
David Goodfield Wholistic Health Office Physician Alternative Medicine Practice
-
Rock Solid Technologies Inc IT Consulting Firm Tech Support Center
-
Farmer Environmental Group, LLC Environmental Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.82M
Comparable Approach
Comparable
$1.82M
Blend (final)
Blend
$2.81M
Owner & transaction history
8120 Sheridan LLC · 15 yrs held
8120 Sheridan LLC
since 2011
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 Westminster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Westminster 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%
$4,135,000
6.5%
$3,820,000
7%
$3,545,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$4,405,000
Current use
COMMERCIAL (GENERAL)
$4,375,000
Change: -1% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$3,945,000
Change: -10% · Conversion: Easy
INDUSTRIAL (GENERAL)
$3,585,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$2.81M
Range $2.52M – $3.09M · ±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
$177 / 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
$77,528
Tax year 2023
Assessed value
$763,670
Assessed 2023
Previous assessed
$921,660
-17.1% YoY
Effective rate
10.15%
On assessed value
Assessed land
$123,030
Assessed improvement
$640,640
Land market value
$440,955
Improvement market value
$2,296,196
Total market value
$2,737,151
Applied tax rate
555.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1981
Heating
OTHER
Cooling
OTHER
Buildings
3
Stories
2
Total area
15,840 SF
Lot
2.02 ac (87,991 SF)
APN
R0063127
UPID
US13-0870216
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
OFFICE BUILDING Current
Est. value
$4.4M
COMMERCIAL (GENERAL)
Est. value
$4.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.9M
INDUSTRIAL (GENERAL)
Est. value
$3.6M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
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
1981
Heating
OTHER
Cooling
Yes
Stories
2
Buildings
3
Lot
2.02 ac
Current owner
From public records · entity-resolved
8120 Sheridan LLC
Entity
Mailing address
8471 TPKE DR STE #222, WESTMINSTER, CO 80031-7027
Ownership since
2011
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 15, 2018
—
8120 Sheridan LLC
—
Deed
related
$1,300,000 · Miscellaneous Ins Co
Jul 24, 2014
—
8120 Sheridan LLC
—
Grant Deed
related
$2,150,000 · First Nat'l Bk/denver
May 17, 2011
$1,200,000
8120 Sheridan LLC
Sheridan Investors LLC
Warranty Deed
related
$1,050,000 · Mile High Bank NA
Mar 2, 2004
—
Sheridan Investors LLC
—
Deed Of Trust
related
$2,000,000 · Horizon Bank
Sep 14, 1998
$2,750,000
Sheridan Investors LLC
Hosp,brian A & Kimberly K
Grant Deed
$2,062,500 · Commercial Federal Bank
—
—
8120 Sheridan LLC
—
Loan Modification
related
$1,128,302 · Mile High Bank NA
—
—
8120 Sheridan LLC
—
Deed Of Trust
related
$1,300,000 · Miscellaneous Ins Co
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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