Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$4,090,000
Hotels
15 11th Ave 19 Denver, CO 80203-2716
Entity Owned
27-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US13-0764058
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1904
Construction
WOOD
Total area
39,435 SF
Lot
0.47 ac (20,300 SF)
Zoning code
D-GT
APN
05033-15-006-000
UPID
US13-0764058
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
-
Here In Heaven Vintage Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.67M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.09M
Owner & transaction history
11th Avenue Properties LLC · 27 yrs held
11th Avenue Properties LLC
since 1999
7 recorded transactions
Zoning & alternative use
D-GT · 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%
$5,060,000
6.5%
$4,670,000
7%
$4,335,000
Blend value · Realmo final
$4.09M
Range $3.68M – $4.50M · ±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
$104 / 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
$142,555
Tax year 2023
Assessed value
$1,839,750
Assessed 2023
Previous assessed
$367,710
+400.3% YoY
Effective rate
7.75%
On assessed value
Assessed land
$1,307,060
Assessed improvement
$532,690
Land market value
$5,075,100
Improvement market value
$2,049,400
Total market value
$7,124,500
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1904
Construction
WOOD
Heating
HOT WATER
Cooling
EVAPORATIVE
Stories
1
Units
93
Bathrooms
4
Total area
39,435 SF
Lot
0.47 ac (20,300 SF)
Zoning code
D-GT
APN
05033-15-006-000
UPID
US13-0764058
Jurisdiction
DENVER
Zoning & alternative use
D-GT · Denver, CO
Zoning D-GT · permitted uses
D-GT · 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
1904
Construction
WOOD
Heating
HOT WATER
Cooling
Yes
Stories
1
Units
93
Bathrooms
4
Lot
0.47 ac
Current owner
From public records · entity-resolved
11th Avenue Properties LLC
Entity
Mailing address
1112 N BROADWAY, DENVER, CO 80203-2107
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1999
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 24, 2019
—
11th Ave Properties LLC
—
Grant Deed
related
$5,125,000 · Premier Members Cu
Aug 19, 2019
—
11th Avenue Properties LLC
—
Trustees Deed
related
$310,000 · Premier Members Cu
May 12, 1999
—
11th Avenue Properties LLC
Ilg,larry K & Jacqulyn M
Quit Claim Deed
related
—
—
—
11th Avenue Properties LLC
—
Deed Of Trust
related
$240,000 · Vectra Bank Colorado NA
—
—
Larry Ilg
—
Deed Of Trust
related
$100,000 · Tri State Bank
—
—
11th Avenue Properties LLC
—
Deed Of Trust
related
$250,000 · Guaranty Bank
—
—
Larry Ilg
—
Deed Of Trust
related
$450,000 · Tri State Bank
—
—
11th Avenue Properties LLC
—
Deed Of Trust
related
$300,000 · Vectra Bank Colorado NA
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 15 11th Ave, Unit 19?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
