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Financial
Distress signals
Property profile

520 Cherokee St Denver, CO 80204

FOR SALE
Office buildings
Property ID
US13-0238455
6,401 SF 0.16 ac lot Built 1957
Last sale Sep 2022 · $1,350,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
520 Cherokee St, Denver, CO 80204 For Sale
$1,295,000 6,401 SF
520 Cherokee St, Denver, CO 80204
View Listing

Property summary

AI-generated overview

The property consists of two contiguous parcels totaling approximately 14,062 square feet in central Denver, located directly adjacent to the Denver Health main campus and within the broader influence area of the Burnham Yard redevelopment and the proposed Denver Broncos Stadium District. The parcels are zoned C-MX-8, which allows up to an 8-story mixed-use development and supports uses including multifamily, medical office, hospitality, and institutional-support uses. The site is positioned…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$23k
Tax billed · 2023
Assessed value$299k
Assessed land$246k
Assessed improvement$53k
Effective rate7.75%

Value estimate

· Oct 2026
$1.59M
$1.43M – $1.74M
AI approach$1.48M
CAP approach$1.54M
Submarket $/SF estimate$1.40M
NOI build-up
Gross scheduled income$144k
Vacancy & credit loss−$37k
Operating expenses−$27k
NOI · 6.16% cap applied$80k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$293/SF
ZIP average, outlier-cleaned · 47 recorded sales of this use type
Observed band · Q1–Q3$219 – $395
Qualifying comparables6

Cap rate analysis

How does the asset earn?
6.16%
$80k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-MX-8
The Mixed Use zone districts are intended to promote safe, active, and pedestrian-scaled, diverse areas through the use of building forms...
General categoryMIXED_USE
JurisdictionDENVER

Location intelligence

Which uses thrive at this corner?
Best fit: Daycare Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Daycare Center12.7
Watch Repair Shop9.2
Laundromat8.8

Location

520 Cherokee St Denver, CO 80204
County assessor Recorded deeds · 6 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1210 Santa Fe, Denver, CO 80204-3546 $335,000 Apr 2025 6,380 SF
419 Lipan, Denver, CO 80204-4904 $895,000 Nov 2024 6,468 SF
659 Santa Fe, Denver, CO 80204-4426 $1,800,000 Jul 2024 5,519 SF
1949 12th, Denver, CO 80204-3424 $1,130,000 Mar 2024 5,664 SF
973 Bannock, Denver, CO 80204 $500,000 May 2023 5,550 SF
500 Kalamath, Denver, CO 80204-5022 $1,475,000 Aug 2022 6,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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