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Property profile & analytics
FOR SALE
Residential income homes
8656 W 62Nd Pl Arvada, CO 80004
Individually Owned
5-yr Hold
Property ID
US13-0634014
For Sale
1 / 2
$610,000
8656 W 62Nd Pl, Arvada, CO 80004
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Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1971
Construction
STEEL FRAME
Total area
4,464 SF
Lot
0.38 ac (16,403 SF)
APN
39-101-07-007
UPID
US13-0634014
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
$1.25M
CAP Approach
CAP
$885k
Comparable Approach
Comparable
$1.38M
Blend (final)
Blend
$1.02M
Owner & transaction history
Lexie L Torres · 5 yrs held
Lexie L Torres
since 2021
Last sale
$860,000
5 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 Arvada submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arvada 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
$1,370,000
ML approach
$1,250,000
CAP Approach
CAP Return
Estimation
6%
$960,000
6.5%
$885,000
7%
$820,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,330,000
Current use
Blend value · Realmo final
$1.02M
Range $918k – $1.12M · ±10% · vs last sale $860k (Jun 1 2021)
Last sale anchor
$860k
Jun 1 2021
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
$228 / 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
$5,884
Tax year 2023
Assessed value
$60,667
Assessed 2023
Previous assessed
$60,667
+0.0% YoY
Effective rate
9.70%
On assessed value
Assessed land
$21,980
Assessed improvement
$38,687
Land market value
$328,060
Improvement market value
$632,420
Total market value
$960,480
Applied tax rate
1,013.0000
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
For Sale
Year built
1971
Construction
STEEL FRAME
Heating
HOT WATER
Stories
3
Units
4
Rooms
3
Total area
4,464 SF
Lot
0.38 ac (16,403 SF)
APN
39-101-07-007
UPID
US13-0634014
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.3M
APARTMENT HOUSE (5+ UNITS) Current
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
1971
Construction
STEEL FRAME
Heating
HOT WATER
Stories
3
Units
4
Rooms
3
Lot
0.38 ac
Current owner
From public records · entity-resolved
Lexie L Torres
Individual
Mailing address
9845 E 146TH PL, BRIGHTON, CO 80602-5729
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 1, 2021
—
Lexie L Torres
Lexie L Torres
Intrafamily Transfer
related
$642,300 · Chicago Mortgage Solutions Corp
Jun 18, 2019
$860,000
Lexie L Torres
Nishant K Ruiehta
Warranty Deed
$645,000 · On Q Financial INC
Aug 9, 2017
$610,000
Nishant K Mehta
Eric Van Deman
Warranty Deed
$457,500 · First National Bank
Sep 13, 2013
$465,000
Eric Van Deman
Kenneth E Foelske
Warranty Deed
$348,750 · Cherry Creek Mortgage Co INC
Sep 12, 2013
$465,000
Eric Van Deman
Kenneth E Foelske
Warranty Deed
$348,750 · Cherry Creek Mortgage Co INC
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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