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    Property profile & analytics

    9604 Ralston Rd Arvada, CO 80004-5017

    • Turn key restaurants
    • 4,932 SF
    • 0.82 lot acres
    OFF-MARKET
    Last Sale
    Nov 13, 2023
    $1,492,500
    Value Estimations
    $1,785,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-0287600
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Master Key System / Emergency Locksmith Service / Car Repair And Maintenance

    Property Details for 9604 Ralston Rd

    Year built
    1972
    Construction
    STEEL FRAME
    Lot size
    0.82 lot acres
    Property size
    4,932 SF
    Property type
    Turn key restaurants
    APN
    39-103-06-007
    APU
    3910306007

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,805,000
      ML approach
      $1,780,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,343,000
      Market price range: $1.13M - $3.39M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Arvada
    County
    Jefferson
    State
    Colorado
    Longitude
    -105.106
    Latitude
    39.8039
    CBSA code
    19740
    CBSA name
    DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $34,231
    $125,037
    $227,870
    $352,907
    -
    $448,163
    $846,737
    $1,294,900

    Comparable in this City

    • Value Estimation
      $480,000
      3,299 SF

      10290 Ralston Rd

      RESTAURANT • 3,299 SF
      10290 Ralston Rd, Arvada, CO 80004-4961
      View Details
    • Value Estimation
      $640,000
      2,400 SF

      6156 Simms St

      RESTAURANT • 2,400 SF
      6156 Simms St, Arvada, CO 80004-4473
      View Details
    • Value Estimation
      $660,000
      5,230 SF

      12325 64th Ave

      RESTAURANT • 5,230 SF
      12325 64th Ave, Arvada, CO 80004-4015
      View Details
    • Value Estimation
      $500,000
      2,512 SF

      12391 64th Ave

      RESTAURANT • 2,512 SF
      12391 64th Ave, Arvada, CO 80004-4015
      View Details
    • Value Estimation
      $810,000
      7,201 SF

      6408 Yank Ct Ste A

      RESTAURANT • 7,201 SF
      6408 Yank Ct Ste A, Arvada, CO 80004-2284
      View Details
    • Value Estimation
      $705,000
      3,429 SF

      12550 64th Ave

      RESTAURANT • 3,429 SF
      12550 64th Ave, Arvada, CO 80004-3804
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      41,043 SF

      Arvada Retail Properties Sold

      Three retail properties in Arvada West Town Center.
      14455 West 64Th Ave, Arvada, CO 80004
      View Details
    • $745,000
      16,596 SF

      Arvada Car Wash - Turnkey Opportunity

      High-Traffic, Fully Equipped Car Wash
      10355 62Nd Pl, Arvada, CO 80004
      View Details
    • $2,625,000
      4.00 Acres

      6640-6670 Simms St, Arvada, CO 80004

      Farms • 4.00 Acres
      6640 Simms St, Arvada, CO 80004
      View Details
    • $599,950
      1,762 SF

      Luxury Patio Home Facing Creek

      Move-in ready patio home with creek views and modern features.
      12341 W 58 Ct, Arvada, CO 80004
      View Details
    • $3,810,000
      15,880 SF

      Arvada Apartment Building For Sale

      Apartment building in Arvada, Colorado available for purchase.
      7635 West 60Th Ave, Arvada, CO 80004
      View Details
    • $920,000
      5,296 SF

      Arvada Apartment Building Sold

      Eight-unit apartment building in Arvada, Colorado, recently sold.
      5542 Newland Way, Arvada, CO 80004
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,038 SF

      Retail Space in Ralston Plaza

      Retail space available in Arvada's Ralston Plaza shopping center.
      6472-6490 Ward Rd, Arvada, CO 80004
      View Details
    • $17 SF/Yr
      900 SF

      Arvada Retail Space: 900 SF Storefront

      Prime Arvada location, 900 sq ft retail space.
      9812 60Th Ave, Arvada, CO 80004
      View Details
    • $20 SF/Yr
      3,000 SF

      Arvada Retail/Flex Space Available

      3,000 SF retail/flex space in Arvada for lease.
      9806-9868 Ralston Rd, Arvada, CO 80004
      View Details
    • Contact for pricing
      2,300 SF

      Retail Space Near King Soopers

      Retail space available across from new King Soopers center.
      9075 Howell St, Arvada, CO 80004
      View Details
    • $16 SF/Yr
      12,258 SF

      Arvada Executive Office Suites

      Prime Arvada Office Space Available
      9810 59Th Pl, Arvada, CO 80004
      View Details
    • Contact for pricing
      2,500 SF

      Retail Space in Ralston Plaza

      Retail space available in Ralston Plaza at 64th and Ward.
      12345-12371 W 64Th Ave, Arvada, CO 80004
      View Details
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    9604 Ralston Rd
    Arvada, CO 80004-5017
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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