Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,070,000
Garden apartment buildings
1500 Byers Pl Denver, CO 80223-1750
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US13-2747169
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1962
Construction
WOOD
Total area
6,632 SF
Lot
0.66 ac (28,700 SF)
Zoning code
E-MX-3A
APN
05094-07-003-000
UPID
US13-2747169
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
$766k
Blend (final)
Blend
$1.07M
Owner & transaction history
Bonnie & Long LLC · 8 yrs held
Bonnie & Long LLC
since 2018
5 recorded transactions
Zoning & alternative use
E-MX-3A · 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.07M
Range $963k – $1.18M · ±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
$161 / 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
$9,661
Tax year 2023
Assessed value
$124,680
Assessed 2023
Previous assessed
$120,360
+3.6% YoY
Effective rate
7.75%
On assessed value
Assessed land
$80,920
Assessed improvement
$43,760
Land market value
$1,262,800
Improvement market value
$653,200
Total market value
$1,916,000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1962
Construction
WOOD
Heating
HOT WATER
Stories
1
Units
10
Rooms
45
Bathrooms
1
Total area
6,632 SF
Lot
0.66 ac (28,700 SF)
Zoning code
E-MX-3A
APN
05094-07-003-000
UPID
US13-2747169
Jurisdiction
DENVER
Zoning & alternative use
E-MX-3A · Denver, CO
Zoning E-MX-3A · permitted uses
E-MX-3A · 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
1962
Construction
WOOD
Heating
HOT WATER
Stories
1
Units
10
Rooms
45
Bathrooms
1
Lot
0.66 ac
Current owner
From public records · entity-resolved
Bonnie & Long LLC
Entity
Mailing address
8035 DECATUR CT, WESTMINSTER, CO 80031-4166
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 5, 2018
—
Bonnie & Long LLC
Tran,tuan
Quit Claim Deed
related
—
Oct 6, 2015
$730,000
Tuan Tran
Nguyen,thanh C & Minh C H
Warranty Deed
—
Jan 5, 2005
$490,000
Thanh Cong Nguyen
Duc Van Bui
Warranty Deed
$294,000 · Washington Federal Savings
Sep 22, 1999
$429,000
Duc V Bui
Cristen,larry H
Grant Deed
$343,200 · Lasalle Bank Fsb
—
—
Thanh C|minh C H Nguyen
—
Deed Of Trust
related
$248,185 · Mountain View Bk/commerce
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 1500 Byers Pl?
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.