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Property profile & analytics
OFF-MARKET
Estimated value
$815,000
Residential income homes
8800 Cir Dr Westminster, CO 80031-3511
Trust Owned
4-yr Hold
~
Est. High Equity
Property ID
US13-0445341
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1972
Construction
FRAME
Total area
3,748 SF
Lot
0.39 ac (16,988 SF)
APN
R0048478
UPID
US13-0445341
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
$840k
Comparable Approach
Comparable
$926k
Blend (final)
Blend
$815k
Owner & transaction history
88th And Circle Trusts · 4 yrs held
88th And Circle Trusts
since 2021
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.0M
+11.6%
Commercial (general)
$1.0M
+10.9%
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%
$910,000
6.5%
$840,000
7%
$780,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$935,000
Current use
OFFICE BUILDING
$1,040,000
Change: +12% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,035,000
Change: +11% · Conversion: Moderate
Blend value · Realmo final
$815k
Range $734k – $897k · ±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
$217 / 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
$7,473
Tax year 2023
Assessed value
$63,390
Assessed 2023
Previous assessed
$63,390
+0.0% YoY
Effective rate
11.79%
On assessed value
Assessed land
$6,820
Assessed improvement
$56,570
Land market value
$100,800
Improvement market value
$836,200
Total market value
$937,000
Applied tax rate
391.0000
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
1972
Construction
FRAME
Heating
HOT WATER
Stories
1
Units
4
Rooms
18
Bathrooms
4
Total area
3,748 SF
Lot
0.39 ac (16,988 SF)
APN
R0048478
UPID
US13-0445341
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$935,000
OFFICE BUILDING
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$1.0M
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
COMMERCIAL (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
1972
Construction
FRAME
Heating
HOT WATER
Stories
1
Units
4
Rooms
18
Bathrooms
4
Lot
0.39 ac
Current owner
From public records · entity-resolved
88th And Circle Trusts
Trust
Mailing address
PO BOX 785, HOMINY, OK 74035-0785
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2021
—
88th And Circle Trusts
Zachary Harsh
Warranty Deed
—
Sep 21, 2021
—
Zachary Danie Harsh
8800 Circle Drive Trust
Quit Claim Deed
related
$536,250 · Chicago Mortgage Solutions Corp
Feb 9, 2021
—
8800 Circle Drive Trusts
John Nguyen
Warranty Deed
—
Jan 29, 2016
—
8800 Circle Trust
Harsh,zachary D
Warranty Deed
—
Jul 1, 2009
$132,000
Zachary D Harsh
Long,jeanette L
Grant Deed
$259,218 · Plaza Home Mortgage INC
—
—
Eugene C Long
—
Deed Of Trust
related
$121,000 · Wells Fargo Home Mortgage 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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