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Property profile & analytics
OFF-MARKET
Estimated value
$3,235,000
Garden apartment buildings
1275 Washington St Denver, CO 80203-2637
Entity Owned
~
Est. High Equity
Property ID
US13-0898094
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1930
Construction
WOOD
Total area
13,730 SF
Lot
0.26 ac (11,517 SF)
Zoning code
G-MS-5
APN
05031-12-018-000
UPID
US13-0898094
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
-
Gardenia Apartments Apartment Building
-
Bulkley Fic Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.21M
Comparable Approach
Comparable
$3.88M
Blend (final)
Blend
$3.24M
Owner & transaction history
G5 Capital 1437 Clayton Street LLC
G5 Capital 1437 Clayton Street LLC
since 2026
Last sale
$2.9M
4 recorded transactions
Zoning & alternative use
G-MS-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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,475,000
6.5%
$3,205,000
7%
$2,980,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$4,605,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$4,455,000
Change: -3% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,445,000
Change: -3% · Conversion: Moderate
RETAIL STORES
$4,415,000
Change: -4% · Conversion: Difficult
MEDICAL BUILDING
$4,170,000
Change: -9% · Conversion: Moderate
Blend value · Realmo final
$3.24M
Range $2.91M – $3.56M · ±10% · vs last sale $2.93M (Feb 19 2026)
Last sale anchor
$2.93M
Feb 19 2026
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
$236 / 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
$22,706
Tax year 2023
Assessed value
$293,030
Assessed 2023
Previous assessed
$240,450
+21.9% YoY
Effective rate
7.75%
On assessed value
Assessed land
$73,480
Assessed improvement
$219,550
Land market value
$1,151,700
Improvement market value
$3,276,800
Total market value
$4,428,500
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1930
Construction
WOOD
Heating
HOT WATER
Stories
2
Units
17
Rooms
52
Bathrooms
1
Total area
13,730 SF
Lot
0.26 ac (11,517 SF)
Zoning code
G-MS-5
APN
05031-12-018-000
UPID
US13-0898094
Jurisdiction
DENVER
Zoning & alternative use
G-MS-5 · Denver, CO
Zoning G-MS-5 · permitted uses
G-MS-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.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$4.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.5M
COMMERCIAL (GENERAL)
Est. value
$4.4M
RETAIL STORES
Est. value
$4.4M
MEDICAL BUILDING
Est. value
$4.2M
APARTMENT HOUSE (5+ UNITS) Current
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
1930
Construction
WOOD
Heating
HOT WATER
Stories
2
Units
17
Rooms
52
Bathrooms
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
G5 Capital 1437 Clayton Street LLC
Entity
Mailing address
PO BOX 597006, SAN FRANCISCO, CA 94159-7006
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 19, 2026
$2,925,000
G5 Capital 1437 Clayton Street LLC
Gardenia LLC
Special Warranty Deed
$1,989,000 · Amg National Trust Bank
Oct 19, 2011
—
Gardenia LLC
Bulkley Family LP
Quit Claim Deed
related
—
May 29, 1998
$600,000
LP Bulkley
Murray,robert W
Grant Deed
$450,000 · Southern Pacific Bank
—
—
Montana LLC
—
Deed Of Trust
related
$2,600,000 · Guaranty Bk
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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