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Property profile & analytics
OFF-MARKET
Estimated value
$620,000
Office buildings
155 Kalamath St Denver, CO 80223-1436
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US13-2055168
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2013
Construction
STEEL FRAME
Total area
1,498 SF
Lot
0.06 ac (2,478 SF)
Zoning code
I-MX-3
APN
05091-26-028-000
UPID
US13-2055168
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
-
Audio Video by Design, LLC Electronics & Wireless Store Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$675k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$574k
Blend (final)
Blend
$620k
Owner & transaction history
Six Walls Inverness LLC · 1 yrs held
Six Walls Inverness LLC
since 2025
Last sale
$610,000
7 recorded transactions
Zoning & alternative use
I-MX-3 · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$600,000
+36.1%
Neighborhood: shopping center
$485,000
+10.2%
Commercial (general)
$485,000
+9.9%
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
$640,000
ML approach
$675,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$440,000
Current use
AUTO REPAIR, GARAGE
$600,000
Change: +36% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$485,000
Change: +10% · Conversion: Difficult
COMMERCIAL (GENERAL)
$485,000
Change: +10% · Conversion: Easy
RETAIL STORES
$480,000
Change: +9% · Conversion: Moderate
MEDICAL BUILDING
$455,000
Change: +3% · Conversion: Easy
Blend value · Realmo final
$620k
Range $558k – $682k · ±10% · vs last sale $610k (Oct 26 2021)
Last sale anchor
$610k
Oct 26 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
$414 / 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
$12,083
Tax year 2023
Assessed value
$155,940
Assessed 2023
Previous assessed
$166,260
-6.2% YoY
Effective rate
7.75%
On assessed value
Assessed land
$36,580
Assessed improvement
$119,360
Land market value
$161,100
Improvement market value
$427,800
Total market value
$588,900
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
Status
Off-Market
Year built
2013
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Units
3
Total area
1,498 SF
Lot
0.06 ac (2,478 SF)
Zoning code
I-MX-3
APN
05091-26-028-000
UPID
US13-2055168
Jurisdiction
DENVER
Zoning & alternative use
I-MX-3 · Denver, CO
Zoning I-MX-3 · permitted uses
I-MX-3 · 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
$440,000
AUTO REPAIR, GARAGE
Est. value
$600,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$485,000
COMMERCIAL (GENERAL)
Est. value
$485,000
RETAIL STORES
Est. value
$480,000
MEDICAL BUILDING
Est. value
$455,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
RETAIL STORES
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
2013
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
3
Lot
0.06 ac
Current owner
From public records · entity-resolved
Six Walls Inverness LLC
Entity
Mailing address
PO BOX 936, DENVER, CO 80201-0936
Ownership since
2025
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
Jul 17, 2025
$680,000
Six Walls Inverness LLC
Lewis Properties LLC
Special Warranty Deed
$380,000 · Lewis Properties LLC
Mar 15, 2022
—
Lewis Properties LLC
Brett H Lewis Oil Properties LLC
Correction Deed
related
—
Oct 26, 2021
—
Lewis Properties LLC
Brett H Lewis Oil Properties LLC
Quit Claim Deed
related
—
Jul 3, 2018
—
Bolt Factory Lofts Owners Assn
209 Kalamath Group LLC
Warranty Deed
related
—
Apr 27, 2018
$610,000
Brett H Lewis Oil Prop LLC
Ridgewood Co LLC
Grant Deed
—
Jan 11, 2016
—
Ridgewood Co LLC
155 Kalamath Street LLC
Grant Deed
—
Dec 26, 2013
$299,000
155 Kalamath LLC
209 Kalamath Group LLC
Warranty Deed
$224,250 · 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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