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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Auto shops
1200 Bannock St Denver, CO 80223-3202
Individually Owned
23-yr Hold
~
Est. High Equity
Property ID
US13-1269007
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1954
Construction
WOOD
Total area
6,576 SF
Lot
0.28 ac (12,144 SF)
Zoning code
I-A
APN
05223-07-001-000
UPID
US13-1269007
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
-
186 Lighting Design Group Consultant
-
OV Consulting Consultant
-
Hilltop Technology Consulting IT Consulting Firm (Bike/Boat/Book/etc) Store
-
S- wings Auto Repair Shop
-
R DESIGN Landscape Architects Landscaping (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$350k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$665k
Blend (final)
Blend
$510k
Owner & transaction history
Michael R Hynes · 23 yrs held
Michael R Hynes
since 2002
6 recorded transactions
Zoning & alternative use
I-A · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$350,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$510k
Range $459k – $561k · ±10%
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
$78 / 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
$20,050
Tax year 2023
Assessed value
$258,750
Assessed 2023
Previous assessed
$254,910
+1.5% YoY
Effective rate
7.75%
On assessed value
Assessed land
$110,210
Assessed improvement
$148,540
Land market value
$425,000
Improvement market value
$532,400
Total market value
$957,400
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1954
Construction
WOOD
Heating
YES
Stories
1
Units
4
Total area
6,576 SF
Lot
0.28 ac (12,144 SF)
Zoning code
I-A
APN
05223-07-001-000
UPID
US13-1269007
Jurisdiction
DENVER
Zoning & alternative use
I-A · Denver, CO
Zoning I-A · permitted uses
I-A · 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.
Building & site characteristics
From public records
Year built
1954
Construction
WOOD
Heating
YES
Stories
1
Units
4
Lot
0.28 ac
Current owner
From public records · entity-resolved
Michael R Hynes
Individual
Mailing address
496 W CALEY CIR, LITTLETON, CO 80120-3467
Ownership since
2002
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
Feb 20, 2019
—
Agnes Hynes
—
Deed
related
$375,000 · Citywide Banks
May 19, 2017
—
Michael R Hynes
—
Deed
related
$350,000 · Weinberg Servicing LLC
Nov 20, 2002
$410,000
Michael R Hynes
Wing,joseph V
Grant Deed
$286,605 · Joseph V Wing
—
—
Joseph V Wing
—
Deed Of Trust
related
$20,000 · Norwest Bank Colorado
—
—
Joseph V Wing
—
Deed Of Trust
related
$175,436 · Wells Fargo Bank West NA
—
—
Michael R Hynes
—
Deed Of Trust
related
$350,000 · Weinberg Servicing LLC
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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