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Property profile & analytics
OFF-MARKET
Estimated value
$2,665,000
Office buildings
1400 64th Ave Denver, CO 80221-2430
Entity Owned
21-yr Hold
Free & Clear
Property ID
US13-0041546
Property summary
AI-generated overview
This exceptional investment opportunity presents a substantial warehouse property ideally situated in Denver, Colorado. The property encompasses two parcels, 1400 and 1402 E 64th Ave, totaling 10,502 square feet on a 0.86-acre lot. Built in phases between 1962, 1983, and 1990, the warehouse is zoned I-2 within Adams County and features a convenient Denver, CO 80229 address. The property's assessed parcel numbers are 0182511201021, 0182511201020, and 0182511201019. This owner-user investment is priced at $2,250,000. Note that the square footage is an estimate and may be subject to minor variations. The property's strategic location and substantial size make it an attractive proposition for a variety of industrial uses. This is a rare chance to acquire a well-positioned warehouse in a thriving Denver market. Serious inquiries are encouraged to explore this compelling investment opportunity further. The property is offered for sale as an owner-user investment.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1977
Total area
13,440 SF
Lot
13.47 ac (586,666 SF)
APN
R0153542
UPID
US13-0041546
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
-
Art Haus Productions (Bike/Boat/Book/etc) Store Photography Service
-
Navajo Express Trucking Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.23M
Comparable Approach
Comparable
$2.91M
Blend (final)
Blend
$2.67M
Owner & transaction history
Digby Family Lllp · 21 yrs held
Digby Family Lllp
since 2005
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$4.4M
+26.8%
Commercial (general)
$4.4M
+26.5%
Retail stores
$4.3M
+25.7%
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%
$3,500,000
6.5%
$3,230,000
7%
$3,000,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,440,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$4,360,000
Change: +27% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,350,000
Change: +26% · Conversion: Easy
RETAIL STORES
$4,320,000
Change: +26% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$4,180,000
Change: +21% · Conversion: Easy
MEDICAL BUILDING
$4,080,000
Change: +19% · Conversion: Easy
Blend value · Realmo final
$2.67M
Range $2.40M – $2.93M · ±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
$198 / 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
$139,191
Tax year 2023
Assessed value
$1,300,490
Assessed 2023
Previous assessed
$1,785,400
-27.2% YoY
Effective rate
10.70%
On assessed value
Assessed land
$465,800
Assessed improvement
$834,690
Land market value
$1,669,520
Improvement market value
$2,991,700
Total market value
$4,661,220
Applied tax rate
38.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1977
Heating
OTHER
Cooling
OTHER
Buildings
3
Stories
2
Total area
13,440 SF
Lot
13.47 ac (586,666 SF)
APN
R0153542
UPID
US13-0041546
Jurisdiction
ADAMS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$3.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.4M
COMMERCIAL (GENERAL)
Est. value
$4.4M
RETAIL STORES
Est. value
$4.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.2M
MEDICAL BUILDING
Est. value
$4.1M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
1977
Heating
OTHER
Cooling
Yes
Stories
2
Buildings
3
Lot
13.47 ac
Current owner
From public records · entity-resolved
Digby Family Lllp
Entity
Free & Clear · 21 yrs held
Mailing address
1400 W 64TH AVE, DENVER, CO 80221-2430
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 30, 2005
$3,677,300
Digby Family Lllp
Nes Exchange Cl LLC
Grant Deed
—
Oct 13, 2004
$2,750,000
Nes Exchange Cl LLC
Lafarge West INC
Grant Deed
$1,000,000 · Wells Fargo Bank
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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