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Property profile & analytics
OFF-MARKET
Estimated value
$3,710,000
Distribution centers
9251 104th Ave Commerce City, CO 80640-8823
Entity Owned
1-yr Hold
Free & Clear
Property ID
US13-2787455
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1979
Total area
89,219 SF
Lot
11.79 ac (513,485 SF)
APN
R0075178
UPID
US13-2787455
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
$3.99M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.71M
Owner & transaction history
Liberty Energy Re Holdings LLC · 1 yrs held
Liberty Energy Re Holdings LLC
since 2025
Last sale
$3.5M
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 Commerce City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Commerce City 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
$3,845,000
ML approach
$3,985,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.71M
Range $3.34M – $4.08M · ±10% · vs last sale $3.50M (Jun 25 2021)
Last sale anchor
$3.50M
Jun 25 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
$42 / 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
$287,003
Tax year 2023
Assessed value
$2,627,510
Assessed 2023
Previous assessed
$2,948,560
-10.9% YoY
Effective rate
10.92%
On assessed value
Assessed land
$1,002,850
Assessed improvement
$1,624,660
Land market value
$3,594,451
Improvement market value
$5,823,149
Total market value
$9,417,600
Applied tax rate
327.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1979
Heating
SPACE
Stories
1
Total area
89,219 SF
Lot
11.79 ac (513,485 SF)
APN
R0075178
UPID
US13-2787455
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
Building & site characteristics
From public records
Year built
1979
Heating
SPACE
Stories
1
Lot
11.79 ac
Current owner
From public records · entity-resolved
Liberty Energy Re Holdings LLC
Entity
Free & Clear · 1 yrs held
Mailing address
950 17TH ST STE #2400, DENVER, CO 80202-2822
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 3, 2025
—
Liberty Energy Re Holdings LLC
Liberty Energy Services LLC
Deed
related
—
Jun 25, 2021
$3,500,000
Los Solar Acquisition LLC
Schlumberger Technology Corporation
Special Warranty Deed
—
Apr 17, 2008
$4,000,000
Schlumberger Technology Corp
Grand Mesa LLC
Grant Deed
—
Apr 11, 2008
$3,400,000
Omaha Woodmen Life Ins Society
Woodmen Of World Life Ins Society
Grant Deed
related
—
May 31, 2007
$3,430,400
Woodmen Of World Life Ins Society
Triumph Industrial LLC
Grant Deed
—
May 17, 2005
$4,129,100
Triumph Industrial LLC
9251 East 104th LLC
Grant Deed
—
Nov 20, 2002
$184,000
Nicole Ranieri
Johnson,harry F & Jody L
Grant Deed
$163,000 · Peerless Mortgage INC
Sep 11, 2001
—
8251 East 104th LLC
Wieland,doug
Quit Claim Deed
related
—
Sep 7, 2000
$2,860,000
9251 East 104th LLC
Btt LLC
Grant Deed
$3,600,000 · Union Colony Bank
—
—
John W Berekey
—
Deed Of Trust
related
$3,350,000 · Us Bank NA Nd
—
—
9251 East 104th LLC
—
Deed Of Trust
related
$350,000 · Us Bank NA
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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