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Property profile & analytics
OFF-MARKET
Estimated value
$19,845,000
Office buildings
1547 Blake St Denver, CO 80202
Entity Owned
21-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US13-0109884
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2007
Construction
CONCRETE
Total area
72,049 SF
Lot
0.43 ac (18,750 SF)
Zoning code
D-LD
APN
02331-14-052-000
UPID
US13-0109884
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
$17.33M
Comparable Approach
Comparable
$17.66M
Blend (final)
Blend
$19.85M
Owner & transaction history
Urban-1547 Blake Street LLC
Urban-1547 Blake Street LLC
2 recorded transactions
Zoning & alternative use
D-LD · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$29.5M
+9.2%
Auto repair, garage
$28.9M
+7.0%
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%
$18,765,000
6.5%
$17,325,000
7%
$16,085,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$26,980,000
Current use
RESTAURANT
$29,465,000
Change: +9% · Conversion: Moderate
AUTO REPAIR, GARAGE
$28,860,000
Change: +7% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$23,385,000
Change: -13% · Conversion: Difficult
COMMERCIAL (GENERAL)
$23,320,000
Change: -14% · Conversion: Easy
RETAIL STORES
$23,170,000
Change: -14% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$22,395,000
Change: -17% · Conversion: Easy
MEDICAL BUILDING
$21,880,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$19.85M
Range $17.86M – $21.83M · ±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
$275 / 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
$665,485
Tax year 2023
Assessed value
$8,588,460
Assessed 2023
Previous assessed
$8,950,180
-4.0% YoY
Effective rate
7.75%
On assessed value
Assessed land
$875,730
Assessed improvement
$7,712,730
Land market value
$3,168,800
Improvement market value
$27,644,200
Total market value
$30,813,000
Applied tax rate
320.0000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
2007
Construction
CONCRETE
Heating
FORCED AIR
Cooling
CENTRAL
Stories
4
Units
7
Total area
72,049 SF
Lot
0.43 ac (18,750 SF)
Zoning code
D-LD
APN
02331-14-052-000
UPID
US13-0109884
Jurisdiction
DENVER
Zoning & alternative use
D-LD · Denver, CO
Zoning D-LD · permitted uses
D-LD · 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
OFFICE BUILDING Current
Est. value
$27.0M
RESTAURANT
Est. value
$29.5M
AUTO REPAIR, GARAGE
Est. value
$28.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$23.4M
COMMERCIAL (GENERAL)
Est. value
$23.3M
RETAIL STORES
Est. value
$23.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$22.4M
MEDICAL BUILDING
Est. value
$21.9M
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
MEDICAL 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
2007
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
4
Units
7
Lot
0.43 ac
Current owner
From public records · entity-resolved
Urban-1547 Blake Street LLC
Entity
Mailing address
1530 16TH ST STE #350, DENVER, CO 80202-1371
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
—
—
Urban-1547 Blake Street LLC
—
Deed Of Trust
related
$37,675,000 · Compass Bank
—
—
Urban-1530 16th Street LLC
—
Deed Of Trust
related
$46,498,942 · Compass Bank
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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