Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1280 17th Ave Denver, CO 80218-1582

    • High-rise multifamily apartments
    • 190,867 SF
    • 0.98 lot acres
    OFF-MARKET
    Value Estimations
    $37,360,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-1356716
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Discover Yoga | Private Yoga Lessons / Gym & Fitness Center
    • NEXA - FERM TEAM / Loan Service / Bank
    • Park 17 / Apartment Complex
    • Discover Yoga Online / Gym & Fitness Center

    Property Details for 1280 17th Ave

    Year built
    2017
    Construction
    CONCRETE
    Lot size
    0.98 lot acres
    Property size
    190,867 SF
    Zone code
    C-MS-8
    Property type
    High-rise multifamily apartments
    APN
    02354-17-031-031
    APU
    235417031031

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $48,300,000
      6.5%
      $44,585,000
      7%
      $41,400,000

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $61,950,000
      COMMERCIAL (GENERAL)
      $61,780,000
      RETAIL STORES
      $61,385,000
      MEDICAL BUILDING
      $57,955,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Denver
    State
    Colorado
    Longitude
    -104.971
    Latitude
    39.7428
    CBSA code
    19740
    CBSA name
    DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $498,196
    $340,980
    $6,088,520
    $6,429,500
    -
    $5,144,200
    $90,873,500
    $96,017,700

    Comparable in this City

    • Value Estimation
      $2,730,000
      73,113 SF

      1710 Williams St

      HIGH-RISE APARTMENTS • 73,113 SF
      1710 Williams St, Denver, CO 80218-1723
      View Details
    • Value Estimation
      $6,855,000
      21,116 SF

      950 Lafayette St

      HIGH-RISE APARTMENTS • 21,116 SF
      950 Lafayette St, Denver, CO 80218-3162
      View Details
    • Value Estimation
      $4,965,000
      31,059 SF

      1430 Humboldt St

      HIGH-RISE APARTMENTS • 31,059 SF
      1430 Humboldt St, Denver, CO 80218-2373
      View Details
    • Value Estimation
      $1,990,000
      13,008 SF

      1555 Humboldt St

      HIGH-RISE APARTMENTS • 13,008 SF
      1555 Humboldt St, Denver, CO 80218-1682
      View Details
    • Value Estimation
      $2,770,000
      16,772 SF

      1145 Ogden St

      HIGH-RISE APARTMENTS • 16,772 SF
      1145 Ogden St, Denver, CO 80218-2815
      View Details
    • Value Estimation
      $10,120,000
      35,336 SF

      1075 Corona St

      HIGH-RISE APARTMENTS • 35,336 SF
      1075 Corona St, Denver, CO 80218-2977
      View Details

    Similar Nearby for Sale

    • $2,612,500
      8,180 SF

      Vintage Apartment Building Investment Opportunity

      Denver apartment building with value-add potential in a prime location.
      1521 North Humboldt St, Denver, CO 80218
      View Details
    • $550,000
      1,195 SF

      Luxury Condo with Private Terrace

      Two-story condo with private terrace in vibrant City Park West.
      1601 Park Ave, Denver, CO 80218
      View Details
    • $639,000
      873 SF

      City Park West Condo with Balcony

      Modern 2-bedroom condo with balcony in Denver's City Park.
      1601 Park Ave, Denver, CO 80218
      View Details
    • $4,850,000
      10,207 SF

      Denver Multifamily Investment Opportunity

      Renovated 18-unit apartment building near Cheesman Park.
      1224 E 13Th Ave, Denver, CO 80218
      View Details
    • $2,100,000
      5,286 SF

      Cheesman Park Multifamily Investment Property

      Modernized 8-unit building in Cheesman Park with strong rental income.
      1266 Lafayette St, Denver, CO 80218
      View Details
    • $625,000
      1,151 SF

      Modern Condo in City Park West

      Stylish 2 bed, 2 bath condo near Denver's best attractions.
      1601 Park Ave, Denver, CO 80218
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,488 SF

      Freestanding Building in Arts District

      Well-located retail building in Santa Fe Arts District for rent.
      925 8Th Ave, Denver, CO 80218
      View Details
    • Contact for pricing
      41,737 SF

      Capitol Hill Retail Opportunity

      Free-standing building in densely populated residential area.
      1105 9Th Ave, Denver, CO 80218
      View Details
    • Contact for pricing
      3,000 SF

      Brighton Warehouse Space Available

      3,000 SF warehouse space for lease in Brighton, CO.
      895 N 5Th Ave, Brighton, CO 80218
      View Details
    • Contact for pricing
      2,037 SF

      Restaurant with Drive-Thru Opportunity

      Restaurant space with drive-thru in a dense, urban neighborhood.
      3200 Downing St, Denver, CO 80218
      View Details
    • Contact for pricing
      2,100 SF

      Retail Space Former 7-Eleven

      2,100 SF retail building on a corner lot.
      1645 E 17Th Ave, Denver, CO 80218
      View Details
    • Contact for pricing
      2,530 SF

      Retail Space Available For Rent

      Retail spaces with patio options available for lease.
      1010 W Colfax Ave, Denver, CO 80218
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1280 17th Ave
    Denver, CO 80218-1582
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.