Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,930,000
Residential income homes
1501 Albion St Denver, CO 80220-1028
Individually Owned
28-yr Hold
Free & Clear
Property ID
US13-0249768
Property profile
Verified
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Year built
1900
Construction
CONCRETE
Total area
13,350 SF
Lot
1.8 ac (78,300 SF)
Zoning code
C-MS-5
APN
01313-26-007-000
UPID
US13-0249768
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
-
Aamodt Jacquelyn Foster Care Service Social Service Agency
-
Michele J. Forstot, PSYD Physician Medical Clinic
-
Crystal Joy, PsyD Physician Medical Clinic
-
Melody M. Brown, LMFT Marriage Or Relationship Counselor
-
Dr. Rebecca Hea Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.12M
Comparable Approach
Comparable
$3.80M
Blend (final)
Blend
$2.93M
Owner & transaction history
Denver Children's Home Foundat · 28 yrs held
Denver Children's Home Foundat
since 1998
1 recorded transaction
Zoning & alternative use
C-MS-5 · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$4.3M
+21.0%
Commercial (general)
$4.3M
+20.7%
Retail stores
$4.3M
+19.9%
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%
$3,380,000
6.5%
$3,120,000
7%
$2,895,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$3,580,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$4,335,000
Change: +21% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,320,000
Change: +21% · Conversion: Moderate
RETAIL STORES
$4,295,000
Change: +20% · Conversion: Difficult
MEDICAL BUILDING
$4,055,000
Change: +13% · Conversion: Moderate
OFFICE BUILDING
$3,415,000
Change: -5% · Conversion: Moderate
Blend value · Realmo final
$2.93M
Range $2.64M – $3.22M · ±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
$219 / 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
Assessed value
$315,700
Assessed 2023
Previous assessed
$318,450
-0.9% YoY
Assessed land
$284,850
Assessed improvement
$30,850
Land market value
$4,306,500
Improvement market value
$460,500
Total market value
$4,767,000
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
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Status
Off-Market
Year built
1900
Construction
CONCRETE
Heating
HOT WATER
Stories
4
Units
30
Rooms
80
Bathrooms
0
Total area
13,350 SF
Lot
1.8 ac (78,300 SF)
Zoning code
C-MS-5
APN
01313-26-007-000
UPID
US13-0249768
Jurisdiction
DENVER
Zoning & alternative use
C-MS-5 · Denver, CO
Zoning C-MS-5 · permitted uses
C-MS-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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$3.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.3M
COMMERCIAL (GENERAL)
Est. value
$4.3M
RETAIL STORES
Est. value
$4.3M
MEDICAL BUILDING
Est. value
$4.1M
OFFICE BUILDING
Est. value
$3.4M
APARTMENT HOUSE (5+ UNITS) Current
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
RETAIL STORES
MEDICAL BUILDING
OFFICE 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
CONCRETE
Heating
HOT WATER
Stories
4
Units
30
Rooms
80
Bathrooms
0
Lot
1.8 ac
Current owner
From public records · entity-resolved
Denver Children's Home Foundat
Individual
Free & Clear · 28 yrs held
Mailing address
1501 ALBION ST, DENVER, CO 80220-1028
Ownership since
1998
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 5, 1998
—
Denver Children's Home Foundat
Denver Children's Home
Quit Claim Deed
related
—
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 1501 Albion St?
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.
