Property summary
This exceptional investment opportunity presents a 4,780 square foot, fee-simple storefront property located at 1316 E Evans Ave, Denver, CO 80210. The property, built in 2003 and renovated in 2022, sits on a 0.38-acre lot and boasts a 6.40% cap rate with a Net Operating Income (NOI) of $215,100. Currently 100% occupied by two tenants, High Ridge Cycle and GoodVets, under NNN leases, this multi-tenant building offers significant long-term stability and predictable cash flow. The asking price… is $3,360,000, translating to $702.93 per square foot. Benefiting from its prime location near the University of Denver and adjacent to a Safeway and Walgreens, the property enjoys high visibility and significant traffic volume exceeding 48,949 vehicles daily. The surrounding area demonstrates strong demographics, with over 22,000 residents and average household incomes exceeding $172,000 within a one-mile radius. This property offers a compelling combination of strong tenancy, excellent location, and attractive financial metrics, making it an ideal investment for those seeking secure cash flow and long-term appreciation. The property is being offered as-is, where-is. The building consists of one single-story structure with two units.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 3 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 18 properties nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 5,025 SF
- Lot area
- 0.38 ac
- Year built
- 2003
- Stories
- 1
- APN
- 05262-23-048-000
- Zoning
- U-MS-3
- Assessed value · 2023
- $924,690
- Annual tax · 2023
- $71,651
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
U-MS-3 Main Street 3 U-MS-5 Main Street 5 SE CTION 5.2.2 RESIDENTIAL DISTRICTS (U-SU-A, -A2, -B, -B2, -C -C2, -E, -H, U-TU-B, -B2, -C, U-RH-2.5, -3A) 5.2.2.1 General Purpose A. The intent of the Residential districts is…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
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- Alternative use
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