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Property profile & analytics
OFF-MARKET
Estimated value
$690,000
Residential income homes
8991 45th Pl Wheat Ridge, CO 80033-3040
Entity Owned
6-yr Hold
Property ID
US13-0832885
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1961
Construction
STEEL FRAME
Total area
2,944 SF
Lot
0.21 ac (9,240 SF)
APN
39-221-12-009
UPID
US13-0832885
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
$770k
CAP Approach
CAP
$755k
Comparable Approach
Comparable
$723k
Blend (final)
Blend
$690k
Owner & transaction history
Pfp 2 LLC · 6 yrs held
Pfp 2 LLC
since 2020
Last sale
$610,000
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$955,000
+7.0%
Commercial (general)
$955,000
+6.7%
Medical building
$895,000
+0.1%
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 Wheat Ridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wheat Ridge 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
$675,000
ML approach
$770,000
CAP Approach
CAP Return
Estimation
6%
$815,000
6.5%
$755,000
7%
$700,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$895,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$955,000
Change: +7% · Conversion: Difficult
COMMERCIAL (GENERAL)
$955,000
Change: +7% · Conversion: Moderate
MEDICAL BUILDING
$895,000
Change: +0% · Conversion: Moderate
Blend value · Realmo final
$690k
Range $621k – $759k · ±10% · vs last sale $610k (Jul 1 2020)
Last sale anchor
$610k
Jul 1 2020
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
$234 / 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
$4,390
Tax year 2023
Assessed value
$47,353
Assessed 2023
Previous assessed
$47,353
+0.0% YoY
Effective rate
9.27%
On assessed value
Assessed land
$12,382
Assessed improvement
$34,971
Land market value
$184,800
Improvement market value
$576,960
Total market value
$761,760
Applied tax rate
3,160.0000
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
1961
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
3
Units
4
Rooms
4
Total area
2,944 SF
Lot
0.21 ac (9,240 SF)
APN
39-221-12-009
UPID
US13-0832885
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
$895,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$955,000
COMMERCIAL (GENERAL)
Est. value
$955,000
MEDICAL BUILDING
Est. value
$895,000
APARTMENT HOUSE (5+ UNITS) Current
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
MEDICAL BUILDING
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
1961
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
3
Units
4
Rooms
4
Lot
0.21 ac
Current owner
From public records · entity-resolved
Pfp 2 LLC
Entity
Mailing address
14245 WRIGHT WAY, BROOMFIELD, CO 80023-9531
Ownership since
2020
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
Jul 1, 2020
$610,000
Pfp 2 LLC
Nancy J Sinha
Grant Deed
$487,064 · Firstbank
May 21, 2020
—
Nancy J Sinha
Amar E Sinha
Quit Claim Deed
related
—
Nov 19, 2019
—
Amar E Sinha
Nancy J Sinha
Quit Claim Deed
related
—
—
—
Ashwini K Sinha
—
Deed Of Trust
related
$218,700 · National City Mortgage Co
—
—
Ashwini K Sinha
—
Deed Of Trust
related
$213,600 · National City Mortgage 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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