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Property profile & analytics
OFF-MARKET
Estimated value
$2,650,000
Retail space
9806 60th Ave Arvada, CO 80004-4948
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US13-0218370
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1962
Construction
STEEL FRAME
Total area
12,073 SF
Lot
1.13 ac (49,357 SF)
APN
39-102-26-002
UPID
US13-0218370
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
-
Colorado Association of Real Estate Investors Financial Advisor
-
Sunshine Laundry Company (Bike/Boat/Book/etc) Store
-
HappyNest Laundry Service (Bike/Boat/Book/etc) Store
-
Amazon Hub Counter - Sunshine Cleaners Courier Service Postal Service
-
UPS Access Point location Courier Service Postal Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.40M
CAP Approach
CAP
$2.57M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.65M
Owner & transaction history
Roger P Loecher · 3 yrs held
Roger P Loecher
since 2022
Last sale
$2.6M
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 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
$3,315,000
ML approach
$3,395,000
CAP Approach
CAP Return
Estimation
6%
$2,785,000
6.5%
$2,570,000
7%
$2,385,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$4,200,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$2.65M
Range $2.39M – $2.92M · ±10% · vs last sale $2.59M (Sep 8 2022)
Last sale anchor
$2.59M
Sep 8 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
$219 / 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
$66,145
Tax year 2023
Assessed value
$681,932
Assessed 2023
Previous assessed
$681,932
+0.0% YoY
Effective rate
9.70%
On assessed value
Assessed land
$172,133
Assessed improvement
$509,799
Land market value
$616,963
Improvement market value
$1,857,237
Total market value
$2,474,200
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1962
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Stories
2
Units
7
Total area
12,073 SF
Lot
1.13 ac (49,357 SF)
APN
39-102-26-002
UPID
US13-0218370
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
INDUSTRIAL (GENERAL)
Est. value
$4.2M
INDUSTRIAL (GENERAL)
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
1962
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
2
Units
7
Lot
1.13 ac
Current owner
From public records · entity-resolved
Roger P Loecher
Individual
Mailing address
5500 W 44TH AVE, DENVER, CO 80212-7317
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
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 8, 2022
$2,585,000
Roger P Loecher
Shipmates Arvada LLC
Special Warranty Deed
$1,575,000 · Citywide Banks
Mar 9, 2021
—
Shipmates Arvada LLC
—
Deed
related
$1,575,000 · Citywide Banks
Mar 8, 2021
—
Shipmates Arvada LLC
Precision Investments LLC
Quit Claim Deed
related
—
Aug 31, 2018
—
Precision Investments LLC
—
Deed
related
$1,500,000 · Loev Family Ptshp Ltd
Feb 5, 2018
—
Precision Investments LLC
—
Deed
related
$275,000 · Robert Steinbach
Jul 11, 2016
—
Precision Invs
Van Driel,david M
Warranty Deed
—
Oct 22, 2009
—
David M Vandriel
—
Trustees Deed
related
—
Nov 20, 2008
—
David M Vandriel
—
Trustees Deed
related
—
Oct 19, 2005
—
David M Vandriel
—
Trustees Deed
related
$400,000 · Bank Of Denver
Apr 13, 2005
—
David M Vandriel
—
Trustees Deed
related
$50,000 · Bank Of Denver
—
—
David M Van Driel
—
Deed Of Trust
related
$400,000 · Precision Invs
—
—
Frederick L Norman
—
Deed Of Trust
related
$250,000 · Michael D & Darlene F Simmons
—
—
David M Van Driel
—
Deed Of Trust
related
—
—
—
Precision Investments LLC
—
Deed Of Trust
related
$275,000 · Robert Steinbach
—
—
Precision Investments LLC
—
Deed Of Trust
related
$420,000 · Brian L Morse
—
—
Precision Investments LLC
—
Deed Of Trust
related
$1,500,000 · Loev Family Ptshp Ltd
—
—
David M Vandriel
—
Deed Of Trust
related
$200,000 · Waterville Communications INC
—
—
David M Vandriel
—
Deed Of Trust
related
—
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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