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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Office buildings
9602 Ralston Rd Arvada, CO 80004-5017
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US13-0910845
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1960
Construction
STEEL FRAME
Total area
1,260 SF
Lot
0.45 ac (19,689 SF)
APN
39-103-00-008
UPID
US13-0910845
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
Current use
Occupant on record · Public records
-
CO Vape & Supply Distribution Center Logistics Company
-
Sultans Smokes & Vapes (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$685k
Blend (final)
Blend
$600k
Owner & transaction history
Hawke Management Corp · 4 yrs held
Hawke Management Corp
since 2021
Last sale
$550,000
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$615,000
+27.0%
Auto repair, garage
$610,000
+26.4%
Neighborhood: shopping center
$580,000
+20.1%
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 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$485,000
Current use
COMMERCIAL (GENERAL)
$615,000
Change: +27% · Conversion: Easy
AUTO REPAIR, GARAGE
$610,000
Change: +26% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$580,000
Change: +20% · Conversion: Difficult
RETAIL STORES
$505,000
Change: +5% · Conversion: Moderate
Blend value · Realmo final
$600k
Range $540k – $660k · ±10% · vs last sale $550k (Nov 17 2021)
Last sale anchor
$550k
Nov 17 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
$476 / 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
$13,764
Tax year 2023
Assessed value
$141,899
Assessed 2023
Previous assessed
$141,899
+0.0% YoY
Effective rate
9.70%
On assessed value
Assessed land
$129,091
Assessed improvement
$12,808
Land market value
$462,692
Improvement market value
$75,908
Total market value
$538,600
Applied tax rate
1,093.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1960
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
2
Units
1
Total area
1,260 SF
Lot
0.45 ac (19,689 SF)
APN
39-103-00-008
UPID
US13-0910845
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
OFFICE BUILDING Current
Est. value
$485,000
COMMERCIAL (GENERAL)
Est. value
$615,000
AUTO REPAIR, GARAGE
Est. value
$610,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$580,000
RETAIL STORES
Est. value
$505,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1960
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
2
Units
1
Lot
0.45 ac
Current owner
From public records · entity-resolved
Hawke Management Corp
Entity
Mailing address
7746 LEBRUN CT, LONE TREE, CO 80124-9768
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2021
$550,000
Hawke Management Corp
Raisin Cane LLC
Special Warranty Deed
$146,373 · Raisin Cane LLC
Sep 22, 2016
$500,000
Raisin Cane LLC
One Thirteen INC
Warranty Deed
$460,400 · Us Bank NA
Oct 15, 2012
$180,000
One Thirteen INC
Ronald E Durns
Warranty Deed
$97,500 · Firstbank
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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