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Financial
Distress signals
Property profile

1518 Wazee St Denver, CO 80202

OFF-MARKET
Commercial real estate
Property ID
US13-1235472
4,088 SF 0.08 ac lot Built 1950
Last sale Jan 2007 · $1,800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 19-yr Hold Held for 19 years. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$9k
Tax billed · 2023
Assessed value$120k
Assessed land$37k
Assessed improvement$83k
Effective rate7.75%

Value estimate

· Oct 2026
$470k
$423k – $517k
AI approach$295k

Realmo valuation models over county records and 21 qualifying comparable sales.

Recently sold

What actually traded nearby?
$324/SF
Submarket average, outlier-cleaned · 319 recorded sales of this use type
Observed band · Q1–Q3$130 – $617
Qualifying comparables21

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
D-LD
Divisi ON 8 .4 LOWER DOWNTOWN DISTRICT (D-LD) s e cti O N 8.4.1 l O W er DO WN t OWN D istrict 8.4.1.1 General The provisions of this Div...
General categoryCOMMERCIAL
JurisdictionDENVER

Location intelligence

Which uses thrive at this corner?
Best fit: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat9.8
Watch Repair Shop8.1
Laundry Service6.3

Location

1518 Wazee St Denver, CO 80202-1312
County assessor Recorded deeds · 4 transfers 21 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 6 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1001 17th St, Denver, CO 80202-2427 $17,500,000 Feb 2025 25,047 SF
1424 Tremont, Denver, CO 80202 $3,531,250 Apr 2024 15,625 SF
1411 Ct, Denver, CO 80202 $510,000 May 2021 7,500 SF
1540 Cleveland, Denver, CO 80202-5105 $405,000 Apr 2021 6,250 SF
1766 Blake, Denver, CO 80202-1226 $1,395,000 Mar 2020 1,010 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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