Entity Owned Property summary
AI-generated overview
The property is a fee-simple retail building configured for a single-tenant coffee retail use, historically operated by Starbucks, located in Lakewood, Colorado. It has a total area of approximately 2,015 square feet and was leased under a net-lease structure (NN), indicating that operating-cost responsibilities were largely allocated to the tenant with minimal landlord obligations. The lease was structured with scheduled rental increases of 7.5% every five years during the initial term and at the start of each extension option period. The tenancy included an initial lease term with an estimated 10 years remaining at the time of the listing, plus four additional extension options, each described as five-year options.
Property profile
Verified
Property type
Other commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1968
Construction
WOOD FRAME
Total area
2,162 SF
Lot
0.61 ac (26,659 SF)
APN
49-032-00-069
UPID
US13-0287650
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Theater & Performing Art Venue
-
Charitable Organization Social Service Agency
-
Car Dealership
-
City Government Office
-
Theater & Performing Art Venue
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$570k
CAP Approach
CAP
$470k
Comparable Approach
Comparable
$673k
Blend (final)
Blend
$635k
Owner & transaction history
since 2025
Last sale
$600,000
7 recorded transactions
Zoning & alternative use
Top alternative use upside
Auto repair, garage
$865,000
+23.8%
Neighborhood: shopping center
$700,000
+0.3%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 7 comparables with addresses
4 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$635k
Value range
$572k – $699k
±10% around blend
Estimated value / SF
$294 / SF
Confidence
High
7 county-verified comps
Property data
88
Market benchmarks
67
Comparable evidence
70
$572k
blend $635k
$699k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
2,162 SF
Lot area
0.61 ac
Year built
1968
Stories
2
APN
49-032-00-069
Assessed value
$186,955
Annual tax
$16,861
3
Income approach: direct capitalization
Partial preview
Income approach indication
$470k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$510k
@ 6.5% CAP return
$470k
@ 7% CAP return
$435k
4
Sales comparison
Partial preview
Sales approach indication
$1.22M
Weighted, 7 comps · high confidence
Evidence
7 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
4.5 mi away · 2,307 SF
13.3 mi away · 1,817 SF
15.0 mi away · 2,365 SF
18.7 mi away · 1,970 SF
21.1 mi away · 2,250 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$635k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 319 sales
$324
-9%
County 97 sales
$876
-66%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $294/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Auto Repair, Garage
Gross theoretical uplift
+24%
vs current-use indication
Neighborhood: Shopping Center
Commercial (general) · current use
Medical Building
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 7 sales
Market rates by use type
PDF export
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Overview
Implied cap rate
4.80%
Implied, in-place cap rate for this other commercial real estate
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 4.80%
9.0%
NOI (est.)
$42k *
Last sale · Oct 2023
$600k
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$875k
Move the market yield to see immediate price impact.
Value / SF
$405
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
4.30%4.80%5.30%
$38k
$879k
$788k
$713k
$42k
$977k
$875k
$792k
$46k
$1.07M
$963k
$872k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
7 found
High confidence · county-verified
Closest comparable
$1.80M
1.9 mi · Dec 2025 · $708/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$16,861
Tax year 2023
Assessed value
$186,955
Assessed 2023
Previous assessed
$186,955
+0.0% YoY
Effective rate
9.02%
On assessed value
Assessed land
$174,790
Assessed improvement
$12,165
Land market value
$626,487
Improvement market value
$73,602
Total market value
$700,089
Applied tax rate
7,814.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1968
Construction
WOOD FRAME
Heating
FORCED AIR
Stories
2
Total area
2,162 SF
Lot
0.61 ac (26,659 SF)
APN
49-032-00-069
UPID
US13-0287650
Jurisdiction
JEFFERSON
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1968
Construction
WOOD FRAME
Heating
FORCED AIR
Stories
2
Lot
0.61 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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