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Financial
Distress signals
Property profile

1538 Wazee St Denver, CO 80202

OFF-MARKET
Retail space
Property ID
US13-0921762
9,375 SF 0.07 ac lot Built 1886
Last sale Jan 2024 · $2,600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 3,125-square-foot traditional office space at 1538 Wazee Street, #200, in Denver, Colorado, offers a unique blend of historic charm and modern functionality. Located in Denver County, zip code 80202, this single-tenant space is situated in a building totaling 6,250 square feet, originally constructed in 1886 and extensively renovated in 2017. The property boasts beautiful exposed brick and glass partitions, creating a creative and inspiring work environment. Its prime…

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?
$48k
Tax billed · 2023
Assessed value$613k
Assessed land$275k
Assessed improvement$338k
Effective rate7.75%

Value estimate

· Oct 2026
$2.60M
$2.34M – $2.86M
AI approach$2.60M
CAP approach$1.98M
Submarket $/SF estimate$2.38M

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

Recently sold

What actually traded nearby?
$322/SF
Submarket average, outlier-cleaned · 470 recorded sales of this use type
Observed band · Q1–Q3$182 – $469
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
D-LD
Divisi ON 8 .4 LOWER DOWNTOWN DISTRICT (D-LD) s e cti O N 8.4.1 l O W er DO WN t OWN D istrict 8.4.1.1 General The provisions of this Div...
General categoryCOMMERCIAL
JurisdictionDENVER

Location intelligence

Which uses thrive at this corner?
Best fit: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat9.8
Watch Repair Shop8.1
Laundry Service6.3

Location

1538 Wazee St Denver, CO 80202-1361
County assessor Recorded deeds · 8 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1849 Curtis St, Denver, CO 80202-1959 $2,100,000 Oct 2023 8,275 SF
1800 Welton, Denver, CO 80202-2193 $4,700,000 Dec 2022 3,293 SF
1510 Wazee St, Denver, CO 80202-5935 $1,000,750 Jun 2020 4,580 SF
1488 Wazee St, Denver, CO 80202-5948 $3,000,000 Jan 2020 11,700 SF
1516 Wazee St Ste, Denver, CO 80202-1576 $2,250,000 Jun 2019 3,682 SF
1937 Market, Denver, CO 80202-1419 $2,100,000 Feb 2019 5,783 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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