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Property profile & analytics
OFF-MARKET
Estimated value
$12,360,000
Warehouses
9801 Dallas St Commerce City, CO 80640-8464
Entity Owned
6-yr Hold
Free & Clear
Property ID
US13-0995654
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1998
Total area
54,264 SF
Lot
29.37 ac (1,279,357 SF)
APN
R0114792
UPID
US13-0995654
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
$10.06M
CAP Approach
CAP
$8.63M
Comparable Approach
Comparable
$10.50M
Blend (final)
Blend
$12.36M
Owner & transaction history
Rlif Central 2 LLC · 6 yrs held
Rlif Central 2 LLC
since 2020
Last sale
$14.2M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$17.6M
+102.1%
Commercial (general)
$17.6M
+101.5%
Retail stores
$17.5M
+100.2%
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
$16,550,000
ML approach
$10,055,000
CAP Approach
CAP Return
Estimation
6%
$9,345,000
6.5%
$8,625,000
7%
$8,010,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$8,715,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$17,610,000
Change: +102% · Conversion: Moderate
COMMERCIAL (GENERAL)
$17,565,000
Change: +102% · Conversion: Difficult
RETAIL STORES
$17,450,000
Change: +100% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$16,870,000
Change: +94% · Conversion: Difficult
MEDICAL BUILDING
$16,475,000
Change: +89% · Conversion: Difficult
Blend value · Realmo final
$12.36M
Range $11.12M – $13.60M · ±10% · vs last sale $14.22M (May 4 2020)
Last sale anchor
$14.22M
May 4 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
$228 / 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
$252,144
Tax year 2023
Assessed value
$2,725,000
Assessed 2023
Previous assessed
$3,818,590
-28.6% YoY
Effective rate
9.25%
On assessed value
Assessed land
$2,213,750
Assessed improvement
$511,250
Land market value
$7,934,572
Improvement market value
$1,832,448
Total market value
$9,767,020
Applied tax rate
247.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1998
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Units
120
Total area
54,264 SF
Lot
29.37 ac (1,279,357 SF)
APN
R0114792
UPID
US13-0995654
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
$8.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$17.6M
COMMERCIAL (GENERAL)
Est. value
$17.6M
RETAIL STORES
Est. value
$17.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$16.9M
MEDICAL BUILDING
Est. value
$16.5M
WAREHOUSE, STORAGE Current
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
1998
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
120
Lot
29.37 ac
Current owner
From public records · entity-resolved
Rlif Central 2 LLC
Entity
Free & Clear · 6 yrs held
Mailing address
201 WW ST, ANNAPOLIS, MD 21401-4654
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
May 4, 2020
$14,218,365
Rlif Central 2 LLC
Spxpo Henderson LLC
Grant Deed
—
Apr 12, 2019
—
Spxpo Henderson LLC
—
Deed
related
$26,460,000 · Associated Bk
Mar 28, 2019
$11,036,400
Spxpo Henderson LLC
Xpo Logistics Freight INC
Grant Deed
related
—
Nov 30, 1998
$1,598,000
Con-way Transportation Svcs
Phelps-tointon INC
Grant Deed
—
—
—
Spxpo Henderson LLC
—
Deed Of Trust
related
$26,460,000 · Associated 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.
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