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Property profile & analytics
OFF-MARKET
Estimated value
$1,650,000
Assisted living facilities
1535 Park Ave Denver, CO 80218-1657
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US13-0769564
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1955
Construction
WOOD
Total area
32,433 SF
Lot
0.44 ac (19,200 SF)
Zoning code
C-MS-8
APN
02354-30-019-000
UPID
US13-0769564
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
-
Health Center at Franklin Park Nursing Home
-
Rehab Care Group Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.65M
Owner & transaction history
Baptist Hm Assn Of Rocky Mtns INC · 8 yrs held
Baptist Hm Assn Of Rocky Mtns INC
since 2017
7 recorded transactions
Zoning & alternative use
C-MS-8 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$51 / 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
$609,820
Assessed 2023
Previous assessed
$455,760
+33.8% YoY
Assessed land
$150,680
Assessed improvement
$459,140
Land market value
$2,304,000
Improvement market value
$6,852,800
Total market value
$9,156,800
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1955
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
4
Units
59
Rooms
11
Bathrooms
0
Total area
32,433 SF
Lot
0.44 ac (19,200 SF)
Zoning code
C-MS-8
APN
02354-30-019-000
UPID
US13-0769564
Jurisdiction
DENVER
Zoning & alternative use
C-MS-8 · Denver, CO
Zoning C-MS-8 · permitted uses
C-MS-8 · 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
1955
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
4
Units
59
Rooms
11
Bathrooms
0
Lot
0.44 ac
Current owner
From public records · entity-resolved
Baptist Hm Assn Of Rocky Mtns INC
Entity
Mailing address
4700 TABOR ST, WHEAT RIDGE, CO 80033-2172
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 15, 2017
—
Baptist Hm Assn Of Rocky Mtns INC
—
Deed
related
$61,785,000 · Us Bk
Dec 28, 2009
—
Baptist Hm Assn Of Rocky Mtns INC
—
Deed Of Trust
related
$38,765,000 · Colorado Health Facilities Aut
—
—
Baptist Hm Assn Of Rocky Mtns INC
—
Loan Modification
related
$48,565 · Us Bank NA
—
—
Baptist Hm Assn Of Rocky Mtns INC
—
Loan Modification
related
$126,750,000 · Us Bk National Assn (ce)
—
—
Baptist Hm Assn Of Rocky Mtns INC
—
Deed Of Trust
related
$38,765,000 · Colorado Health Facilities Aut
—
—
Baptist Hm Assn Of Rocky Mtns INC
—
Loan Modification
related
$6,835,000 · Us Bk
—
—
Baptist Hm Assn Of Rocky Mtns INC
—
Loan Modification
related
$61,785,000 · Us Bk
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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