Duplex Home with Smart
For Sale
$550,000
5282 Columbine Ln, Denver, CO 80221
Built in 2024, the residence combines efficient appliances, modern finishes, and a two-level?
Property Size1,509 SF
Days on Market67
Property Features for 5282 Columbine Ln
General Information
Standard status
Active
Size
1,509 SF
Total Parking Spaces
2
Property subtype
Duplex
Units
Unit Mix
1 x 3BR/2.5BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$9,800
Building Details
Building Size
1,509 SF
Year Built
2024
Listing Agency:
REDT LLC
(303) 549-5054
Listed By:
Sammantha Drake
(303) 549-5054
Source:
Corken
Added: Jun 24
Changed: Aug 28
Last Checked: Aug 29 at 4:17PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REDT LLC
Investment Insights
Based on property information with market context.
Constructed in 2024, this duplex residence pairs contemporary interior finishes with energy-conscious features. The open layout includes three bedrooms and two and one-half baths, with the primary bedroom offering a private ensuite bath. An oversized two-car garage provides dedicated parking and storage.
Interior details include quartz kitchen countertops, soft-close cabinetry, stainless appliances, and integrated smart-home technology. Energy Star appliances support the home's efficiency-focused design, while the property is positioned in a quieter suburban setting within the Denver metro area and offers access to downtown Denver.
Interior details include quartz kitchen countertops, soft-close cabinetry, stainless appliances, and integrated smart-home technology. Energy Star appliances support the home's efficiency-focused design, while the property is positioned in a quieter suburban setting within the Denver metro area and offers access to downtown Denver.
Key Highlights
- 2024 construction
- 3 bedrooms and 2.5 baths, including a primary ensuite
- Oversized 2‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$25,078
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.56%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$501,560
$501.6K
Cap Rate 7%
$358,257
$358.3K
Cap Rate 9%
$278,644
$278.6K
Market Conditions
NOI Build-Up for 1,509 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$38.0K $25.20/SF
− Vacancy
−$2.2K −$1.46/SF
EGI
$35.8K $23.74/SF
− OpEx
−$10.7K −$7.12/SF
NOI
$25.1K $16.62/SF
Area
Denver, CO
Vacancy
5.79%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$501,560
Cap Rate 7%
$358,257
Cap Rate 9%
$278,644
Alternative Uses
Best Use
Multifamily LT 5
$358.3K
$313.5K – $418.0K
NOI $25,078 @ 7.0% cap · market cap 4.56%
Second Best
Apartment 5plus
$327.3K
$286.4K – $381.9K
NOI $22,912 @ 7.0% cap · market cap 4.17%
Theoretical Best
Office A
$480.4K
$420.3K – $560.4K
NOI $33,626 @ 7.0% cap · market cap 6.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
434
Businesses Nearby
Explore this area
Business Placement
Demographics for 80221, CO
42,224
Population
15,165
Households
2.8
Avg Household Size
34
Median Age
28%
College-Educated
84%
High-School Grad
9.1 sq mi
ZIP Area
4,640
Density / Sq Mi
$84,425
Median Household Income
$42,720
Median Earnings
$1,642
Median Rent
$449,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Built in 2024, the residence combines efficient appliances, modern finishes, and a two-level?
Where is this duplex located?
The property is located at 5282 Columbine Ln Denver, CO.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 2024 construction; 3 bedrooms and 2.5 baths, including a primary ensuite; Oversized 2‑car garage
