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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Residential income homes
8671 62nd Ave Arvada, CO 80004-3209
Entity Owned
6-yr Hold
Absentee Owner
Property ID
US13-0363909
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1971
Construction
STEEL FRAME
Total area
3,798 SF
Lot
0.11 ac (4,745 SF)
APN
39-101-07-020
UPID
US13-0363909
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
$750k
Comparable Approach
Comparable
$404k
Blend (final)
Blend
$650k
Owner & transaction history
West 62nd Avenue LLC · 6 yrs held
West 62nd Avenue LLC
since 2019
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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$815,000
6.5%
$750,000
7%
$700,000
Blend value · Realmo final
$650k
Range $585k – $715k · ±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
$171 / 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
$4,593
Tax year 2023
Assessed value
$47,353
Assessed 2023
Previous assessed
$47,353
+0.0% YoY
Effective rate
9.70%
On assessed value
Assessed land
$6,358
Assessed improvement
$40,995
Land market value
$94,900
Improvement market value
$666,860
Total market value
$761,760
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
Off-Market
Year built
1971
Construction
STEEL FRAME
Heating
HOT WATER
Stories
3
Units
4
Rooms
4
Total area
3,798 SF
Lot
0.11 ac (4,745 SF)
APN
39-101-07-020
UPID
US13-0363909
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
Building & site characteristics
From public records
Year built
1971
Construction
STEEL FRAME
Heating
HOT WATER
Stories
3
Units
4
Rooms
4
Lot
0.11 ac
Current owner
From public records · entity-resolved
West 62nd Avenue LLC
Entity
Mailing address
12650 W 64TH AVEE172, ARVADA, CO 80004-3893
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 30, 2020
—
West 62nd Avenue LLC
—
Deed Of Trust
related
$185,000 · Fd Lndg LLC
Oct 17, 2019
—
West 62nd Avenue LLC
Mitchell J Conrad
Quit Claim Deed
related
$500,500 · Athas Cap
Dec 3, 2001
$297,000
Mitchell J Conrad
Halstead,robert L
Grant Deed
$252,450 · First National Bank Arizona
Apr 9, 1999
$208,200
Robert L Halstead
Realty Management 6 LLC
Grant Deed
$166,550 · Austin Mortgage INC
—
—
Mitchell J Conrad
—
Deed Of Trust
related
$265,000 · Mortgage Planning & Lending Sp
—
—
Mitchell J Conrad
—
Deed Of Trust
related
$265,000 · Greenlight Loans
—
—
Mitchell J Conrad
—
Deed Of Trust
related
$60,500 · Westerra Cu
—
—
Mitchell Conrad
—
Deed Of Trust
related
$266,000 · Mortgage Planning & Lending Sp
—
—
Mitchell J Conrad
—
Deed Of Trust
related
$90,300 · Greenpoint Mortgage Funding
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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