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Property profile & analytics
OFF-MARKET
Estimated value
$3,175,000
Retail space
1024 Cherokee St Denver, CO 80204-4039
Individually Owned
Free & Clear
Property ID
US13-0273003
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1966
Construction
WOOD
Total area
15,670 SF
Lot
0.17 ac (7,380 SF)
Zoning code
D-GT
APN
05037-03-099-000
UPID
US13-0273003
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Core Interactive Film Production Television Studio
-
Clotheory Industrial Manufacturer Production Facility
-
Decorative Stamped Concrete Denver Construction Company General Contractor
-
Saridea Inspired Engineering Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.30M
Comparable Approach
Comparable
$3.91M
Blend (final)
Blend
$3.18M
Owner & transaction history
Carl C Hartman
Carl C Hartman
since 2025
Last sale
$3.2M
6 recorded transactions
Zoning & alternative use
D-GT · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$5.1M
+1.4%
Commercial (general)
$5.1M
+1.1%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Denver submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Denver submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,575,000
6.5%
$3,300,000
7%
$3,065,000
Alternative Use
Use
Estimation
RETAIL STORES
$5,015,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$5,085,000
Change: +1% · Conversion: Moderate
COMMERCIAL (GENERAL)
$5,070,000
Change: +1% · Conversion: Easy
MEDICAL BUILDING
$4,760,000
Change: -5% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$4,685,000
Change: -7% · Conversion: Difficult
OFFICE BUILDING
$4,595,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$3.18M
Range $2.86M – $3.49M · ±10% · vs last sale $3.20M (May 19 2025)
Last sale anchor
$3.20M
May 19 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$203 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$67,869
Tax year 2023
Assessed value
$875,890
Assessed 2023
Previous assessed
$787,350
+11.2% YoY
Effective rate
7.75%
On assessed value
Assessed land
$557,860
Assessed improvement
$318,030
Land market value
$2,029,500
Improvement market value
$1,139,900
Total market value
$3,169,400
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1966
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Units
6
Total area
15,670 SF
Lot
0.17 ac (7,380 SF)
Zoning code
D-GT
APN
05037-03-099-000
UPID
US13-0273003
Jurisdiction
DENVER
Zoning & alternative use
D-GT · Denver, CO
Zoning D-GT · permitted uses
D-GT · Denver, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Denver. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$5.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.1M
COMMERCIAL (GENERAL)
Est. value
$5.1M
MEDICAL BUILDING
Est. value
$4.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.7M
OFFICE BUILDING
Est. value
$4.6M
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1966
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
6
Lot
0.17 ac
Current owner
From public records · entity-resolved
Carl C Hartman
Individual
Free & Clear · 0 yrs held
Mailing address
1024 CHEROKEE ST, DENVER, CO 80204-4039
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2025
—
Carl C Hartman
Carl C Hartman 2014 Revocable Trust
Quitclaim Deed
related
—
Aug 19, 2025
$3,200,000
Carl C Hartman 2014 Revocable Trust
Goat LLC
Special Warranty Deed
—
Aug 14, 2025
—
Goat Lic
Unifactor LLC
Quitclaim Deed
related
—
Apr 17, 2023
$4,200,000
Unifactor LLC
Tls Real Estate LLC
Special Warranty Deed
$3,570,000 · Harvest Small Business Finance LLC
Dec 23, 2020
—
Tls Real Estate LLC
—
Deed
related
$575,023 · Crown Laurie J 65 Trust (pt)
—
—
Tls Real Estate LLC
—
Deed Of Trust
related
$575,023 · Crown Laurie J 65 Trust (pt)
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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