Property profile

1291 Pearl St Denver, CO 80203

OFF-MARKET
Office buildings
Property ID
US13-0938773
2,400 SF 0.22 ac lot Built 1969
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

The property is located in Denver’s Capitol Hill neighborhood on the hard corner of 13th Avenue and Pearl St. It includes on-site parking and has the potential for redevelopment up to 5 stories. The site contains approximately 2,400 square feet of space and is suitable for office use.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1969
Construction WOOD
Total area 2,400 SF
Lot 0.22 ac (9,375 SF)
Zoning code G-MS-5
APN 05031-13-022-000
UPID US13-0938773

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Food Market Restaurant
  • (Bike/Boat/Book/etc) Store Bakery

Location

1291 Pearl St Denver, CO 80203-2516
Denver metro Census 2704 DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$405k
CAP Approach CAP
$575k
Comparable Approach Comparable
by Request
Blend (final) Blend
$405k

Owner & transaction history

since 2017
7 recorded transactions
2020
Price N/A
2019
Price N/A
2018
Price N/A
2017
$850,000
2008
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

G-MS-5 · Denver, CO
Zoning description

G-MS-5 Main Street 5 SE CTION 6.2.2 RESIDENTIAL DISTRICTS (G-RH-3, G-MU-3 TO -20, G-RO-3, G-RO-5) 6.2.2.1 General Purpose A. The intent of the Residential districts is to promote and protect higher density residential ne…

General category MIXED_USE
Top alternative use upside
Neighborhood: shopping center $780,000 +26.8%
Commercial (general) $775,000 +26.5%
Retail stores $770,000 +25.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1291 Pearl St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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