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Property profile & analytics
OFF-MARKET
Warehouses
1221 Pecos St Denver, CO 80204-3426
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US13-2782556
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1964
Construction
STEEL FRAME
Total area
9,000 SF
Lot
0.35 ac (15,062 SF)
Zoning code
I-MX-5
APN
05042-18-015-000
UPID
US13-2782556
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
-
Capoeira Denver Training Center Sports School
-
Wolf & Goat Tattoo Tattoo & Piercing Shop
-
Capră - Bodyweight Training Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Evergreen Property Development LLC · 1 yrs held
Evergreen Property Development LLC
since 2025
Last sale
$3.0M
5 recorded transactions
Zoning & alternative use
I-MX-5 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$30,298
Tax year 2023
Assessed value
$391,010
Assessed 2023
Previous assessed
$366,390
+6.7% YoY
Effective rate
7.75%
On assessed value
Assessed land
$222,750
Assessed improvement
$168,260
Land market value
$828,400
Improvement market value
$603,100
Total market value
$1,431,500
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1964
Construction
STEEL FRAME
Heating
YES
Stories
1
Units
4
Total area
9,000 SF
Lot
0.35 ac (15,062 SF)
Zoning code
I-MX-5
APN
05042-18-015-000
UPID
US13-2782556
Jurisdiction
DENVER
Zoning & alternative use
I-MX-5 · Denver, CO
Zoning I-MX-5 · permitted uses
I-MX-5 · 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
1964
Construction
STEEL FRAME
Heating
YES
Stories
1
Units
4
Lot
0.35 ac
Current owner
From public records · entity-resolved
Evergreen Property Development LLC
Entity
Mailing address
1600 KEARNEY ST, DENVER, CO 80220-1545
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2025
$3,000,000
Evergreen Property Development LLC
Urban Holdings LLC
Special Warranty Deed
—
Jan 21, 2004
$485,000
Urban Holdings LLC
Asas Co
Grant Deed
related
$505,000 · Compass Bank
Sep 5, 2001
$359,600
Asas Co
Builders Service Bureau INC
Grant Deed
$185,000 · Union Bank & Trust
—
—
Asas Co
—
Deed Of Trust
related
$185,000 · Union Bank & Trust
—
—
Builders Service Bureau INC
—
Deed Of Trust
related
$150,000 · David E
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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