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Property profile & analytics
OFF-MARKET
Estimated value
$6,585,000
Manufacturing properties
1221 56th Ave Denver, CO 80216-1536
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US13-2837664
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1981
Total area
30,800 SF
Lot
4.03 ac (175,547 SF)
APN
R0103762
UPID
US13-2837664
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
-
Tribus Services (Olameter) Warehouse & Storage
-
Englert, Inc. Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.58M
CAP Approach
CAP
$4.03M
Comparable Approach
Comparable
$6.18M
Blend (final)
Blend
$6.59M
Owner & transaction history
Sfg Ise Denver 56 LLC · 4 yrs held
Sfg Ise Denver 56 LLC
since 2022
Last sale
$6.9M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$10.0M
+77.3%
Retail stores
$9.9M
+75.7%
Medical building
$9.4M
+65.9%
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
$6,310,000
ML approach
$6,575,000
CAP Approach
CAP Return
Estimation
6%
$4,360,000
6.5%
$4,025,000
7%
$3,735,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$5,635,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$9,995,000
Change: +77% · Conversion: Difficult
RETAIL STORES
$9,905,000
Change: +76% · Conversion: Moderate
MEDICAL BUILDING
$9,350,000
Change: +66% · Conversion: Difficult
OFFICE BUILDING
$7,880,000
Change: +40% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$7,470,000
Change: +32% · Conversion: Difficult
Blend value · Realmo final
$6.59M
Range $5.93M – $7.24M · ±10% · vs last sale $6.93M (May 5 2022)
Last sale anchor
$6.93M
May 5 2022
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
$214 / 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
$124,149
Tax year 2023
Assessed value
$1,151,550
Assessed 2023
Previous assessed
$1,042,450
+10.5% YoY
Effective rate
10.78%
On assessed value
Assessed land
$235,100
Assessed improvement
$916,450
Land market value
$842,640
Improvement market value
$3,284,760
Total market value
$4,127,400
Applied tax rate
85.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1981
Heating
SPACE
Buildings
2
Stories
1
Total area
30,800 SF
Lot
4.03 ac (175,547 SF)
APN
R0103762
UPID
US13-2837664
Jurisdiction
ADAMS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$5.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$10.0M
RETAIL STORES
Est. value
$9.9M
MEDICAL BUILDING
Est. value
$9.4M
OFFICE BUILDING
Est. value
$7.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$7.5M
INDUSTRIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
MEDICAL BUILDING
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
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
1981
Heating
SPACE
Stories
1
Buildings
2
Lot
4.03 ac
Current owner
From public records · entity-resolved
Sfg Ise Denver 56 LLC
Entity
Mailing address
3280 PEACHTREE RD NE STE #2770, ATLANTA, GA 30305-0021
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 5, 2022
$6,930,000
Sfg Ise Denver 56 LLC
Allstar Holdings LLC
Special Warranty Deed
$500,000,000 · Bawag Psk Bank
Nov 4, 2013
$1,250,000
Allstar Holdings LLC
The Englert Limited Partnership
Special Warranty Deed
$965,000 · Us Bank NA
Mar 17, 2004
$1,300,000
LP Englert
Habco LP
Grant Deed
—
Mar 8, 1999
—
Habco Limited Partnership
F D Haberl & Co Partnership
Grant Deed
related
—
—
—
Englert
—
Deed Of Trust
related
$17,750 · Fleet Capital Corp
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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