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Property profile & analytics
OFF-MARKET
Estimated value
$1,435,000
Apartment buildings
1444 Clarkson St Denver, CO 80218-1895
Individually Owned
~
Est. High Equity
Property ID
US13-0845183
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1900
Construction
WOOD
Total area
7,039 SF
Lot
0.21 ac (9,278 SF)
Zoning code
G-MU-5
APN
05022-08-006-000
UPID
US13-0845183
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
$1.65M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.44M
Owner & transaction history
Wayne Kramer
Wayne Kramer
since 2025
7 recorded transactions
Zoning & alternative use
G-MU-5 · 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%
$1,780,000
6.5%
$1,645,000
7%
$1,525,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,285,000
Change: -12% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,280,000
Change: -12% · Conversion: Moderate
RETAIL STORES
$2,265,000
Change: -13% · Conversion: Difficult
MEDICAL BUILDING
$2,135,000
Change: -17% · Conversion: Moderate
Blend value · Realmo final
$1.44M
Range $1.29M – $1.58M · ±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
$204 / 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
$18,264
Tax year 2023
Assessed value
$235,710
Assessed 2023
Previous assessed
$191,460
+23.1% YoY
Effective rate
7.75%
On assessed value
Assessed land
$37,560
Assessed improvement
$198,150
Land market value
$615,600
Improvement market value
$2,957,400
Total market value
$3,573,000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1900
Construction
WOOD
Heating
HOT WATER
Cooling
CENTRAL
Buildings
2
Stories
3
Units
10
Rooms
40
Bathrooms
6
Total area
7,039 SF
Lot
0.21 ac (9,278 SF)
Zoning code
G-MU-5
APN
05022-08-006-000
UPID
US13-0845183
Jurisdiction
DENVER
Zoning & alternative use
G-MU-5 · Denver, CO
Zoning G-MU-5 · permitted uses
G-MU-5 · 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.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.3M
COMMERCIAL (GENERAL)
Est. value
$2.3M
RETAIL STORES
Est. value
$2.3M
MEDICAL BUILDING
Est. value
$2.1M
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
RETAIL STORES
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
1900
Construction
WOOD
Heating
HOT WATER
Cooling
Yes
Stories
3
Buildings
2
Units
10
Rooms
40
Bathrooms
6
Lot
0.21 ac
Current owner
From public records · entity-resolved
Wayne Kramer
Individual
Mailing address
1788 S BROADWAY, DENVER, CO 80210-3102
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 8, 2025
—
Wayne Kramer
1450 Clarkson LLC
Bargain & Sale Deed
—
Jan 28, 2022
—
1450 Clarkson LLC
—
Deed
related
$1,775,000 · Luther Burbank Savings
Aug 8, 2016
—
1450 Clarkson LLC
—
Deed
related
$1,650,000 · Pennymac
May 27, 2008
$675,000
1450 Clarkson LLC
Perspective Properties LLC
Warranty Deed
$642,750 · Firstbank Of Arvada
Jan 31, 2005
—
Icon Exchange LLC
Westside Prop Investments Co I
Quit Claim Deed
related
—
Jan 31, 2005
$850,000
Perspective Properties LLC
Icon Exchange LLC
Warranty Deed
$637,500 · Washington Mutual Fsb
Apr 8, 2002
$740,000
Westside Property Investment
Douglas,william & Vivienne
Grant Deed
$555,000 · Bank Of Denver
—
—
1450 Clarkson LLC
—
Deed Of Trust
related
$740,000 · Firstbank NA
—
—
1450 Clarkson LLC
—
Deed Of Trust
related
$1,650,000 · Pennymac
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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