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Property profile & analytics
OFF-MARKET
Estimated value
$1,115,000
Retail space
135 Broadway, Denver, CO 80209-1754
Entity Owned
4-yr Hold
Free & Clear
Property ID
US13-0731469
Property summary
AI-generated overview
This exceptional 780-square-foot retail space at 135 N Broadway in Denver County offers a prime opportunity for businesses seeking high visibility and foot traffic. Located in a vibrant area, this single-tenant property is surrounded by popular bars, restaurants, boutiques, and thrift stores, creating a dynamic and bustling environment ideal for attracting customers. The space is zoned U-MS-5, providing flexibility for a variety of retail uses. The asking price is $30 per square foot annually, making it an attractive investment for entrepreneurs and established businesses alike. This property boasts excellent exposure on a major Denver thoroughfare, ensuring significant visibility for your business. The property's convenient location within a thriving retail corridor offers unparalleled access to a large and diverse customer base. With its ideal size and location, this space is perfect for boutiques, specialty shops, or small businesses looking to establish a strong presence in a high-demand area. The APN is 5102-33-010. Don't miss this chance to secure a thriving retail location in the heart of Denver.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1952
Construction
WOOD
Total area
7,293 SF
Lot
0.25 ac (10,854 SF)
Zoning code
U-MS-3
APN
05103-21-013-000
UPID
US13-0731469
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
-
Pot Dispensary (Bike/Boat/Book/etc) Store
-
Broadway Partnership/MDLDC Charitable Organization Social Service Agency
-
Three Rivers Dispensary Denver (Bike/Boat/Book/etc) Store
-
topshelf rso (Bike/Boat/Book/etc) Store
-
The Digging Pit Clothing Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.54M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.12M
Owner & transaction history
Nine Lives Lllp · 4 yrs held
Nine Lives Lllp
since 2022
1 recorded transaction
Zoning & alternative use
U-MS-3 · 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%
$1,665,000
6.5%
$1,535,000
7%
$1,425,000
Blend value · Realmo final
$1.12M
Range $1.00M – $1.23M · ±10%
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
$153 / 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
$35,074
Tax year 2023
Assessed value
$452,650
Assessed 2023
Previous assessed
$348,000
+30.1% YoY
Effective rate
7.75%
On assessed value
Assessed land
$339,880
Assessed improvement
$112,770
Land market value
$1,248,200
Improvement market value
$404,200
Total market value
$1,652,400
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1952
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Stories
1
Units
2
Total area
7,293 SF
Lot
0.25 ac (10,854 SF)
Zoning code
U-MS-3
APN
05103-21-013-000
UPID
US13-0731469
Jurisdiction
DENVER
Zoning & alternative use
U-MS-3 · Denver, CO
Zoning U-MS-3 · permitted uses
U-MS-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.
Building & site characteristics
From public records
Year built
1952
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
2
Lot
0.25 ac
Current owner
From public records · entity-resolved
Nine Lives Lllp
Entity
Free & Clear · 4 yrs held
Mailing address
8300 FAIRMOUNT DR UNIT SS101, DENVER, CO 80247-6535
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 4, 2022
—
Nine Lives Lllp
Nine Lives Ltd
Quit Claim Deed
related
—
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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