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Property profile & analytics
FOR SALE
Warehouses
1260 Santa Fe Dr Denver, CO 80223
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US13-2290936
For Sale
1 / 2
$1,025,000
1260 Santa Fe Dr, Denver, CO 80223
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1962
Construction
WOOD
Total area
4,099 SF
Lot
0.11 ac (4,686 SF)
Zoning code
E-CC-3
APN
05223-05-026-000
UPID
US13-2290936
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
-
Spectrum Auto Studio Car Wash
-
BLVCKMARKET MOTORSPORTZ Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$670k
CAP Approach
CAP
$650k
Comparable Approach
Comparable
$564k
Blend (final)
Blend
$685k
Owner & transaction history
Ruedy & Stites Advertising Co · 5 yrs held
Ruedy & Stites Advertising Co
since 2020
Last sale
$695,000
3 recorded transactions
Zoning & alternative use
E-CC-3 · 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
$705,000
ML approach
$670,000
CAP Approach
CAP Return
Estimation
6%
$705,000
6.5%
$650,000
7%
$605,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$655,000
Current use
Blend value · Realmo final
$685k
Range $617k – $754k · ±10% · vs last sale $695k (Sep 8 2020)
Last sale anchor
$695k
Sep 8 2020
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
$167 / 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
$12,361
Tax year 2023
Assessed value
$159,530
Assessed 2023
Previous assessed
$143,110
+11.5% YoY
Effective rate
7.75%
On assessed value
Assessed land
$76,610
Assessed improvement
$82,920
Land market value
$304,600
Improvement market value
$297,200
Total market value
$601,800
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
For Sale
Year built
1962
Construction
WOOD
Heating
YES
Stories
1
Units
2
Total area
4,099 SF
Lot
0.11 ac (4,686 SF)
Zoning code
E-CC-3
APN
05223-05-026-000
UPID
US13-2290936
Jurisdiction
DENVER
Zoning & alternative use
E-CC-3 · Denver, CO
Zoning E-CC-3 · permitted uses
E-CC-3 · 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
WAREHOUSE, STORAGE Current
Est. value
$655,000
WAREHOUSE, STORAGE Current
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
1962
Construction
WOOD
Heating
YES
Stories
1
Units
2
Lot
0.11 ac
Current owner
From public records · entity-resolved
Ruedy & Stites Advertising Co
Entity
Mailing address
3255 S BIRCH ST, DENVER, CO 80222-7208
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 10, 2024
—
Ruedy & Stites Advertising Co A Co
—
Deed
related
$630,000 · State Of Colorado
Apr 29, 2021
—
Ruedy & Stites Advertising Company
—
Deed
related
$572,000 · Key Bank NA
Sep 8, 2020
$695,000
Ruedy & Stites Advertising Co
Ringsby Terminals INC
Grant Deed
$590,750 · Ringsby Terminals INC
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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