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Property profile & analytics
OFF-MARKET
Estimated value
$14,410,000
Warehouses
9839 60th Ave Arvada, CO 80004-4947
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US13-2358751
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2019
Total area
76,500 SF
Lot
1.85 ac (80,428 SF)
APN
39-102-27-001
UPID
US13-2358751
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
-
CubeSmart Self Storage Storage Facility
-
Record Nations Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.47M
CAP Approach
CAP
$10.92M
Comparable Approach
Comparable
$12.60M
Blend (final)
Blend
$14.41M
Owner & transaction history
Lamar Owner LLC · 4 yrs held
Lamar Owner LLC
since 2022
Last sale
$18.6M
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
by Request
ML approach
$10,465,000
CAP Approach
CAP Return
Estimation
6%
$11,825,000
6.5%
$10,915,000
7%
$10,135,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$16,215,000
Current use
Blend value · Realmo final
$14.41M
Range $12.97M – $15.85M · ±10% · vs last sale $18.60M (Mar 14 2022)
Last sale anchor
$18.60M
Mar 14 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
$188 / 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
$286,050
Tax year 2023
Assessed value
$2,949,086
Assessed 2023
Previous assessed
$2,949,086
+0.0% YoY
Effective rate
9.70%
On assessed value
Assessed land
$280,493
Assessed improvement
$2,668,593
Land market value
$1,005,350
Improvement market value
$9,594,850
Total market value
$10,600,200
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2019
Heating
YES
Cooling
YES
Total area
76,500 SF
Lot
1.85 ac (80,428 SF)
APN
39-102-27-001
UPID
US13-2358751
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
WAREHOUSE, STORAGE Current
Est. value
$16.2M
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
2019
Heating
YES
Cooling
Yes
Lot
1.85 ac
Current owner
From public records · entity-resolved
Lamar Owner LLC
Entity
Mailing address
9839 W 60TH AVE, ARVADA, CO 80004-4947
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 9, 2024
—
Lamar Owner LLC
—
Deed
related
$148,000,000 · Breds V Mortgage Gs A LLC
Apr 25, 2022
—
Lamar Owner LLC
—
Deed
related
$245,000,000 · Jpmorgan Chase Bank NA
Mar 14, 2022
$18,600,000
Lamar Owner LLC
60th & Ralston LLC
Special Warranty Deed
—
Jul 20, 2021
—
60th & Ralston LLC
—
Deed
related
$8,250,000 · Firstbank
Feb 22, 2021
—
60th & Ralston LLC
—
Deed
related
$8,250,000 · Firstbank
Jul 24, 2006
—
Edstrom,david L & Joyce L
Edstrom D L & J Living Trust
Quit Claim Deed
related
—
Jul 24, 2006
$360,000
Erickson,rick & Deborah D
Edstrom,david L & Joyce L
Grant Deed
$288,000 · David L & Joyce L Edstrom
Jun 15, 2006
—
Edstrom,d L & J L Living Trust
Public Trustee Of Jefferson Cnty
Trustees Deed
related
—
Jan 26, 2006
$453,262
Edstrom,david L & Joyce L Trust
Public Trustee Of Jefferson Cnty
Trustees Deed
—
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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