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Property profile & analytics
OFF-MARKET
Estimated value
$990,000
Apartment buildings
1266 Lafayette St Denver, CO 80218-2323
Entity Owned
4-yr Hold
Property ID
US13-0260774
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1888
Total area
3,916 SF
Lot
0.11 ac (4,762 SF)
Zoning code
G-MU-3
APN
05022-20-005-000
UPID
US13-0260774
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$965k
CAP Approach
CAP
$915k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$990k
Owner & transaction history
Stse2 LLC · 4 yrs held
Stse2 LLC
since 2022
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
G-MU-3 · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.6M
+8.9%
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
$980,000
ML approach
$965,000
CAP Approach
CAP Return
Estimation
6%
$990,000
6.5%
$915,000
7%
$850,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,440,000
Current use
AUTO REPAIR, GARAGE
$1,570,000
Change: +9% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,270,000
Change: -12% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,265,000
Change: -12% · Conversion: Moderate
RETAIL STORES
$1,260,000
Change: -13% · Conversion: Difficult
MEDICAL BUILDING
$1,190,000
Change: -17% · Conversion: Moderate
Blend value · Realmo final
$990k
Range $891k – $1.09M · ±10% · vs last sale $1.05M (Apr 15 2022)
Last sale anchor
$1.05M
Apr 15 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
$253 / 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
$8,337
Tax year 2023
Assessed value
$107,590
Assessed 2023
Previous assessed
$127,210
-15.4% YoY
Effective rate
7.75%
On assessed value
Assessed land
$22,130
Assessed improvement
$85,460
Land market value
$385,300
Improvement market value
$1,275,500
Total market value
$1,660,800
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1888
Heating
FORCED AIR
Buildings
2
Stories
3
Units
8
Rooms
16
Bathrooms
8
Total area
3,916 SF
Lot
0.11 ac (4,762 SF)
Zoning code
G-MU-3
APN
05022-20-005-000
UPID
US13-0260774
Jurisdiction
DENVER
Zoning & alternative use
G-MU-3 · Denver, CO
Zoning G-MU-3 · permitted uses
G-MU-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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.3M
RETAIL STORES
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.2M
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
RETAIL STORES
MEDICAL 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
1888
Heating
FORCED AIR
Stories
3
Buildings
2
Units
8
Rooms
16
Bathrooms
8
Lot
0.11 ac
Current owner
From public records · entity-resolved
Stse2 LLC
Entity
Mailing address
2647 CURTIS ST, DENVER, CO 80205-2633
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 15, 2022
—
Stse2 LLC
Stse LLC
Quit Claim Deed
related
$1,210,000 · Cbre Capital Markets INC
Sep 16, 2019
—
Stse LLC
—
Deed
related
$1,140,000 · Bank Of Denver
Jul 16, 2019
—
Stse LLC
Clayton Apt Invtrs LLC
Quit Claim Deed
related
—
Nov 2, 2017
$1,050,000
Clayton Apartment Investor LLC
Vr Real Estate LLP
Warranty Deed
$1,100,000 · Alpine Bank
Sep 14, 2017
—
Vr Real Estate LLP
Reed Larry N Trust
Grant Deed
—
Jan 16, 2008
—
Reed Larry N & Ramona L Trust
Reed,larry N & Ramona L
Quit Claim Deed
related
—
Feb 6, 2002
$348,500
Larry Reed
Mancino,lee
Grant Deed
$261,375 · Firstbank Of Aurora
—
—
Stse LLC
—
Deed Of Trust
related
$1,140,000 · Bank Of Denver
—
—
Larry Reed
—
Deed Of Trust
related
$175,900 · Firstbank NA
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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