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Thornton 80241
12851 Grant Dr
$405,000
● Land - Off Market

12851 Grant Dr

Thornton, CO 80241
bedrooms
Studio
bathrooms
0 Bath
$3,003
Est. Monthly

About This Property

1.12 Acres graded level topography pad site located on North West (NW) 120th & Grant Dr is for SALE / for LEASE. Utilities are located @ the adjacent street. PD zone. It's permitted uses as retail, drive-thru restaurant, car wash & many. This lot is part of the new Rolling Hills Planned Development, close to I 25, with strong area growth and population.Per SitesUSA, Demographics:Population : 8,924+ (1 mile); 118,618+ (3 miles), 279,127+ (5 miles)Average Households Income: $92,626 (1 mile) ; $102,243 (3 miles) ; $103,204 (5 miles)Daytime Employees 5,688 (1 mile); 32,889 (3 miles) ; $63,981 ( 5 miles)Per COStar, Traffic count @ 128th Ave & Grant Dr: 15K+ vehicle/ day ; Washington & 128th Ave: 19+ vehicle/ day ; Washington & 130th: 11K+ vehicle/ day
Unit Size
-
Days on Market
-
Land Size
1.12 acres
Price per sqft
-
Property Type
Land
Property Taxes
$793
HOA Dues
-
Year Built
-

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (IRES MLS #1000528)

Price History

Date / Event Date Event Price
Apr 11, 2025 Sold
Premium
Sold
Dec 13, 2024 Price Decreased $450,000
↓ $145K (24.4%)
Price Decreased
Dec 10, 2023 Listed $595,000
Listed
Nov 12, 2020 Sold
Premium
Sold
Sep 6, 2006 Sold
Premium
Sold

Property Highlights

With View

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 194

    Dimensions

  • Lot Size Square Feet: 48,739
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: ROLLING HILLS
  • Land Acres: 0000001119
  • Standard Land Use Code: 8002
  • County Land Use Code: 0200
  • Legal Description 1: SUB:ROLLING HILLS SUBDIVISION FILING NO 6 LOT:3

Neighborhood

  • School District Name: Northglenn-Thornton School District 12
  • School Tax School District: SD 12
  • Census Tract: 008526

Geography

  • Account Number: R0170350
  • Parcel: R0170350
  • Lot: 3
  • Meridian: SEC 27 QTR 4 TWN 01S RNG 68W
  • Latitude: 39.9295
  • Longitude: -104.982

    Address

  • Full Address: 12851 Grant Dr
  • Address - House Number: 12851
  • Address - Street Name: Grant
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Thornton
  • Carrier Code: C096
  • 4-Digit Zip Code: 2431
  • Zip Code: 80241

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $951,324
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 18-180

    Market Valuation

  • Market Total Value: $297,794
  • Market Land Value: $297,794

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $83,080
  • Assessed Land Value: $83,080

    Sales

  • Current Sale Contract Date: Nov 10, 2020
  • Current Sale Recording Date: Nov 12, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 2020000117406
  • Previous Sale Recording Date: Sep 06, 2006
  • Previous Sale Contract Date: Aug 31, 2006
  • Previous Sale Amount: $285,945
  • Previous Sale Document Type: 68
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Thornton

Stats & Trends

Median Asking:

$518,950

Sale Price/ft²

$268

Below Asking

0.02%

Average Days on Market

49

Average Home Size

1971 ft²

Average Home Age

25.6 years

Currently For Sale

743 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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IRES

Listed by: Andy Young,
Last Updated: 2 years ago
Data Source: IRES MLS, MLS# 1000528
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Compensation information displayed on listing details is only applicable to other participants and subscribers of the source MLS.

Frequently Asked Questions

When was property at 12851 Grant Drive built and last sold?
The property at 12851 Grant Drive was built in and last sold on Nov 10, 2020 for $305,000.
How much is this home worth?
The estimated value of the home located at 12851 Grant Drive is $454,500.
What are some comparable homes to 12851 Grant Drive?
There are currently no comparable homes to 12851 Grant Drive.
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