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Property profile & analytics
OFF-MARKET
Estimated value
$4,560,000
Strip malls
15470 Andrews Dr Denver, CO 80239-5738
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US13-0973404
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1999
Construction
WOOD
Total area
11,957 SF
Lot
2.01 ac (87,484 SF)
Zoning code
GTWY
APN
00203-01-006-000
UPID
US13-0973404
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
-
Zume Asian Cuisine Restaurant
-
Subway Take-out & Catering
-
Pizza Hut Take-out & Catering
-
Puebla’s Barbershop Barber Shop
-
Thom's Gateway Liquors (Bike/Boat/Book/etc) Store Wine and Liquor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.54M
CAP Approach
CAP
$2.92M
Comparable Approach
Comparable
$5.63M
Blend (final)
Blend
$4.56M
Owner & transaction history
Gateway Retail Dallakoti Investment · 4 yrs held
Gateway Retail Dallakoti Investment
since 2021
Last sale
$4.6M
2 recorded transactions
Zoning & alternative use
GTWY · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of this districts is to protect and enhance the contiguous Denver neighborhoods of Montbello and Green Valley Ranch, in accordance with the Denver comprehensive plan,
Zone name
Gateway
General category
UNKNOWN
Zone area
276.08 ac
Source
Realmo
Top alternative use upside
Warehouse, storage
$6.3M
+62.5%
Restaurant
$4.9M
+26.0%
Auto repair, garage
$4.8M
+23.4%
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
$4,500,000
ML approach
$4,540,000
CAP Approach
CAP Return
Estimation
6%
$3,160,000
6.5%
$2,915,000
7%
$2,710,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$3,880,000
Current use
WAREHOUSE, STORAGE
$6,305,000
Change: +62% · Conversion: Difficult
RESTAURANT
$4,890,000
Change: +26% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,790,000
Change: +23% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,870,000
Change: 0% · Conversion: Easy
RETAIL STORES
$3,845,000
Change: -1% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$3,715,000
Change: -4% · Conversion: Difficult
MEDICAL BUILDING
$3,630,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$4.56M
Range $4.10M – $5.02M · ±10% · vs last sale $4.60M (Nov 9 2021)
Last sale anchor
$4.60M
Nov 9 2021
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
$381 / 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
$87,377
Tax year 2023
Assessed value
$885,400
Assessed 2023
Previous assessed
$696,030
+27.2% YoY
Effective rate
9.87%
On assessed value
Assessed land
$357,760
Assessed improvement
$527,640
Land market value
$1,312,300
Improvement market value
$1,891,200
Total market value
$3,203,500
Applied tax rate
415.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1999
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
9
Total area
11,957 SF
Lot
2.01 ac (87,484 SF)
Zoning code
GTWY
APN
00203-01-006-000
UPID
US13-0973404
Jurisdiction
DENVER
Zoning & alternative use
GTWY · Denver, COZoning GTWY · permitted uses
GTWY · Denver, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of this districts is to protect and enhance the contiguous Denver neighborhoods of Montbello and Green Valley Ranch, in accordance with the Denver comprehensive plan,
Zone name
Gateway
General category
UNKNOWN
Zone area
276.08 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$3.9M
WAREHOUSE, STORAGE
Est. value
$6.3M
RESTAURANT
Est. value
$4.9M
AUTO REPAIR, GARAGE
Est. value
$4.8M
COMMERCIAL (GENERAL)
Est. value
$3.9M
RETAIL STORES
Est. value
$3.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.7M
MEDICAL BUILDING
Est. value
$3.6M
NEIGHBORHOOD: SHOPPING CENTER Current
WAREHOUSE, STORAGE
RESTAURANT
AUTO REPAIR, GARAGE
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
1999
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
9
Lot
2.01 ac
Current owner
From public records · entity-resolved
Gateway Retail Dallakoti Investment
Entity
Mailing address
2457 W SUNSET DR, LITTLETON, CO 80120-3950
Ownership since
2021
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
Nov 9, 2021
—
Gateway Retail Dallakoti Investment
Gateway Retail I LLC
Intrafamily Transfer
related
—
Jul 14, 2021
$4,600,000
Gateway Retail Dallakoti Investment
Gateway Retail I LLC
Special Warranty Deed
$3,220,000 · Firstbank
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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