New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,815,000
Distribution centers
9640 Havana St, Commerce City, CO 80640-8447
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US13-1235531
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2020
Total area
19,499 SF
Lot
1.48 ac (64,469 SF)
APN
R0115415
UPID
US13-1235531
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
$2.63M
CAP Approach
CAP
$3.10M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.82M
Owner & transaction history
Gabriel Meraz Sanchez · 4 yrs held
Gabriel Meraz Sanchez
since 2022
Last sale
$2.9M
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
$2,600,000
ML approach
$2,625,000
CAP Approach
CAP Return
Estimation
6%
$3,360,000
6.5%
$3,100,000
7%
$2,880,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,130,000
Current use
Blend value · Realmo final
$2.82M
Range $2.53M – $3.10M · ±10% · vs last sale $2.88M (Apr 1 2022)
Last sale anchor
$2.88M
Apr 1 2022
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
$144 / 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
$73,016
Tax year 2023
Assessed value
$1,063,800
Assessed 2023
Previous assessed
$904,770
+17.6% YoY
Effective rate
6.86%
On assessed value
Assessed land
$98,910
Assessed improvement
$964,890
Land market value
$354,525
Improvement market value
$2,522,976
Total market value
$2,877,501
Applied tax rate
248.0000
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
2020
Heating
SPACE
Stories
1
Total area
19,499 SF
Lot
1.48 ac (64,469 SF)
APN
R0115415
UPID
US13-1235531
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
WAREHOUSE, STORAGE Current
Est. value
$3.1M
WAREHOUSE, STORAGE Current
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
2020
Heating
SPACE
Stories
1
Lot
1.48 ac
Current owner
From public records · entity-resolved
Gabriel Meraz Sanchez
Individual
Mailing address
PO BOX 86, LAFAYETTE, CO 80026-0086
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2022
—
Gabriel Meraz Sanchez
Gabriel Meraz Sanchez
Intrafamily Transfer
related
$4,000,000 · Wells Fargo Bank NA
May 13, 2021
$2,877,500
Havana Crest LLC
Brian Whiting
Special Warranty Deed
$2,610,000 · Jpmorgan Chase Bank NA
Oct 23, 2018
—
Brian Whiting
—
Trustees Deed
related
$1,633,089 · Colorado Busn Bk
Oct 26, 2016
—
Brian Whiting
Millman Elaine R
Grant Deed
—
Aug 5, 2011
$130,000
Elaine R Millman
Nac Ps Of Trust
Grant Deed
—
Oct 19, 2005
—
M2 LLC
Public Trustee Of Adams County
Trustees Deed
related
—
Nov 17, 2004
—
Mtn View Properties LLC
Spanier,allen B
Quit Claim Deed
related
—
—
—
Brian Whiting
—
Deed Of Trust
related
$1,633,089 · Colorado Busn Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 9640 Havana St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
