Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1316-1368 26Th St Denver, CO 80205

    View on Map
    Loading data...
    Loading data...
    Loading data...
    Pending
    Contact for pricing

    23-unit apartment building in the walkable RiNo district.

    Property size:
    24,805 SF
    Lot size:
    0.17 Acres

    Property Features for 1316-1368 26Th St

    General Information

    Standard status
    Pending
    Size
    24,805 SF
    Lot size
    0.17 Acres

    Building Details

    Year built
    2005

    We can help!

    Listing Contact
    Matthew Lewallen
    Matthew Lewallen
    Source: Exitrealty

    Listing Agency: Northpeak Commercial Advisors Listing Agent: Matthew Lewallen

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    RiNo District Apartment Building

    Brunetti Lofts is a 23-unit apartment building constructed in 2005. The property includes 19 three-bedroom units, 3 two-bedroom units, and 1 one-bedroom unit. There is a current Land Use Restriction Agreement (LURA) on the property that expires in July 2046. Additionally, there exists a rent use covenant through the Colorado Department of Local Affairs for 2 three-bedroom units that runs until 2050. The property was developed as part of a larger development where this parcel was designated for affordable housing. The building features secure entry, a lounge with a common area, and an elevator providing access to all floors. Residents have access to a secure playground on the south side of the building. Select apartments have access to 8 balconies and 7 balconettes. Parking includes 21 uncovered spaces and 2 covered handicap accessible spaces. Additional revenue is generated through an AT&T cell tower lease. Located in the RiNo district, the property is walkable to restaurants, shopping, and art galleries. The property contains 24,805 square feet.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Pharmacy Law Firm Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Arapahoe
    State
    Colorado
    Longitude
    -104.98578
    Latitude
    39.758627

    Nearby Similar for Sale

    • New
      $915,000
      0.17 Acres

      Denver Redevelopment Opportunity

      Prime Denver location, ideal for redevelopment or renovation.
      1632 York St, Denver, CO 80206
      View Details
    • $350,000
      0.02 Acres

      Versatile Warehouse/Storage Unit in Denver

      Spacious warehouse/storage unit with flex space and mezzanine.
      560 Ames St, Denver, CO 80226
      View Details
    • $605,000
      2,774 SF

      Denver Redevelopment/Renovation Opportunity

      Commercial property suitable for redevelopment or renovation in Denver County.
      1454 Tamarac St, Denver, CO 80220
      View Details
    • $950,000
      3,420 SF

      Classic Dutch Colonial Office Building

      Updated Dutch Colonial mansion-turned-office in downtown Denver.
      1718 N Gaylord St, Denver, CO 80206
      View Details
    • $695,000

      Stand-Alone Office Building For Sale

      Stand-alone office building with ample parking and excellent location.
      7510 Sherman St, Denver, CO 80221
      View Details
    • $959,000

      Renovated Restaurant and Tavern Space

      Stylish, move-in-ready restaurant/tavern near Denver's Highland and Berkeley neighborhoods.
      5686 Pecos St, Denver, CO 80221
      View Details
    • $440,000
      1,491 SF

      Modern Office Suite with City Views

      1,491 SF office suite in Denver's Central Business District.
      1800 Glenarm Pl, Denver, CO 80202
      View Details
    • $899,000

      Denver Office Building For Sale

      6,339 SF office building in Denver's Cap Hill neighborhood.
      851 N Clarkson St, Denver, CO 80218
      View Details
    • $999,990
      Pending

      Denver Commercial Building with Upgrades

      Commercial building featuring new roof, HVAC, parking, and interior upgrades.
      704 S Monaco Street Pkwy, Denver, CO 80224
      View Details
    • $350,000

      Spacious Warehouse/Storage Unit For Sale

      Versatile warehouse/storage unit with flex space, mezzanine, and secure access.
      560 Ames St, Denver, CO 80226
      View Details
    • $395,000

      Denver Office Condo For Sale

      Office condo in South Denver location, suitable for various businesses.
      8751 E Hampden Ave, Denver, CO 80231
      View Details
    • $425,000

      Denver Mixed-Use Building For Sale

      Versatile 1,429 SF building in Denver's commercial district.
      144 W 11Th Ave, Denver, CO 80204
      View Details

    FAQs

    What type of property is this?
    Apartment building - 23-unit apartment building in the walkable RiNo district.
    Where is this apartment building located?
    The property is located at 1316-1368 26Th St Denver, CO.
    What are key features of this property?
    This property features: - Prime location in the highly desirable RiNo district, offering exceptional walkability to restaurants, shopping, and art galleries.; - Features a majority of large 3-bedroom units (19 units) ideal for families, plus 3 - 2Bd units and 1 - 1Bd unit.; - Generates revenue from 21 parking stalls and an AT&T cell tower lease.
    (303) 962-9555
    Request Owner's contact information
    1316-1368 26Th St Denver, CO 80205
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1316-1368 26Th St
    Denver, CO 80205
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1316-1368 26Th St Denver, CO 80205
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Matthew Lewallen
    Matthew Lewallen
    (303) 962-9555 (303) 210-1623 (720) 738-1949
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!