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Property profile & analytics
OFF-MARKET
Estimated value
$775,000
Commercial land
1401 Parker Rd Denver, CO 80231-2706
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US13-0059707
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.95 ac (41,382 SF)
APN
1973-21-1-02-009
UPID
US13-0059707
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$775k
Owner & transaction history
Arapahoe Library District · 3 yrs held
Arapahoe Library District
since 2023
Last sale
$775,000
7 recorded transactions
Zoning & alternative use
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
$645,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$775k
Range $698k – $853k · ±10% · vs last sale $775k (Jun 21 2023)
Last sale anchor
$775k
Jun 21 2023
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
—
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 2021Property tax & assessments
Tax year 2021
Tax billed
$8,377
Tax year 2021
Assessed value
$120,074
Assessed 2023
Previous assessed
$99,846
+20.3% YoY
Effective rate
6.98%
On assessed value
Land market value
$430,373
Total market value
$430,373
Applied tax rate
408.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
0.95 ac (41,382 SF)
APN
1973-21-1-02-009
UPID
US13-0059707
Jurisdiction
ARAPAHOE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
0.95 ac
Current owner
From public records · entity-resolved
Arapahoe Library District
Individual
Mailing address
12855 E ADAM AIRCRAFT CIR, ENGLEWOOD, CO 80112-4550
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 21, 2023
$775,000
Arapahoe Library District
Erna Arustamyan
Special Warranty Deed
—
Jun 21, 2016
$335,000
Erna Arustamyan
Bachayev,ruben
Warranty Deed
—
Jan 3, 2013
$80,000
Ruben Bachayev
Platte Vly Bk
Grant Deed
—
Mar 2, 2010
$121,263
Interlace Dev LLC
Public Trustee Of Arapahoe Cnty
Certificate Of Purchase
$100,320
Jul 7, 2008
—
Interlace Dev LLC
—
Trustees Deed
related
$50,355 · Bank Of Wyoming
Apr 29, 2005
$305,000
Interlace Dev LLC
1401 Parker LLC
Warranty Deed
—
Aug 29, 2003
—
1401 Paker LLC
Braski,robert J
Quit Claim Deed
related
—
—
—
Interlace Dev LLC
—
Deed Of Trust
related
$100,320 · Bank Of Wyoming
—
—
Interlace Development LLC
—
Deed Of Trust
related
$309,005 · Bank Of Wyoming
—
—
Interlace Dev LLC
—
Deed Of Trust
related
$80,369 · Bank Of Wyoming
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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