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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1550 Colorado Blvd Denver, CO 80222-3700

    • Strip malls
    • 55,370 SF
    • 2.49 lot acres
    OFF-MARKET
    Value Estimations
    $9,755,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-0751489
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Saigon Terrace / Vietnamese Restaurant
    • Little Anita's New Mexican Foods / Southwestern Restaurant (Us) / Restaurant
    • EZ Shoe Repair / Shoe Repair Shop
    • Dardano's Shoes - Denver / Shoe Repair Shop / Shoe Shining Service
    • SleepBlvd. 100% GOLS Certified Organic latex Mattress / Mattress Store

    Property Details for 1550 Colorado Blvd

    Year built
    1990
    Construction
    WOOD
    Lot size
    2.49 lot acres
    Property size
    55,370 SF
    Zone code
    B-4
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    06193-00-162-000
    APU
    619300162000

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $13,535,000
      6.5%
      $12,495,000
      7%
      $11,600,000

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $14,825,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Denver
    State
    Colorado
    Longitude
    -104.94
    Latitude
    39.6883
    CBSA code
    19740
    CBSA name
    DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $290,891
    $2,866,220
    $887,890
    $3,754,110
    -
    $10,303,200
    $3,182,400
    $13,485,600

    Comparable in this City

    • Value Estimation
      $12,165,000
      62,507 SF

      1547 Colorado Blvd

      SHOPPING CENTER, STRIP CENTER • 62,507 SF
      1547 Colorado Blvd, Denver, CO 80222-3704
      View Details
    • Value Estimation
      $2,190,000
      13,820 SF

      2160 Holly St

      SHOPPING CENTER, STRIP CENTER • 13,820 SF
      2160 Holly St, Denver, CO 80222-5608
      View Details
    • Value Estimation
      $2,580,000
      16,000 SF

      1430 Colorado Blvd

      SHOPPING CENTER, STRIP CENTER • 16,000 SF
      1430 Colorado Blvd, Denver, CO 80222-3656
      View Details
    • Value Estimation
      $6,350,000
      32,195 SF

      1396 Colorado Blvd

      SHOPPING CENTER, STRIP CENTER • 32,195 SF
      1396 Colorado Blvd, Denver, CO 80222
      View Details
    • Value Estimation
      $10,100,000
      68,486 SF

      2555 Colorado Blvd

      SHOPPING CENTER, STRIP CENTER • 68,486 SF
      2555 Colorado Blvd, Denver, CO 80222-5950
      View Details
    • Value Estimation
      $2,355,000
      14,687 SF

      4697 Evans Ave

      SHOPPING CENTER, STRIP CENTER • 14,687 SF
      4697 Evans Ave, Denver, CO 80222-5136
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      52.95 Acres

      Commerce City Mixed-Use Land

      Prime 53-acre retail development site near DIA.
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      Colorado Blvd Versatile Building For Sale

      1,727 SF building suitable for retail, office, or residential use.
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      21,908 SF

      Colorado Blvd Retail Opportunity

      Retail space with frontage and pylon signage on Colorado Blvd.
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    • $699,000

      Denver Land Development Opportunity

      Prime lot in Denver neighborhood, ready for new construction.
      4675 E Iliff Ave, Denver, CO 80222
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    • $2,130,000
      5,456 SF

      Aurora Multifamily Investment Opportunity

      Two Aurora buildings near Anschutz Medical Campus, ideal for investors.
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      Denver Specialty Property For Sale

      Specialty property available for purchase in Denver, Colorado.
      2396 S Linden Ct, Denver, CO 80222
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    Similar Nearby for Lease

    • Contact for pricing
      850 SF

      Retail Space in Denver Center

      Retail space for lease in redeveloped shopping center.
      5000-5082 Hampden Ave, Denver, CO 80222
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space in Denver Center

      Retail space for lease in redeveloped shopping center.
      4992-4994 E Hampden Ave, Denver, CO 80222
      View Details
    • $12 SF/Yr
      37,396 SF

      Denver Flex Space - Jasmine St.

      Modern Denver flex space, renovated 2022.
      2175 Jasmine St, Denver, CO 80222
      View Details
    • Contact for pricing
      2,600 SF

      Restaurant Space with Drive-Thru

      Restaurant spaces available with drive-thru and patio options.
      6363 E Hampden Ave, Denver, CO 80222
      View Details
    • Contact for pricing
      1 SF

      Denver Ghost Kitchen - 250 SF

      Prime Denver location, fully equipped commercial kitchen, ideal for startups.
      2171 Grape St, Denver, CO 80222
      View Details
    • Contact for pricing
      1,880 SF

      Restaurant Space with Drive-Thru

      Restaurant spaces available with drive-thru and patio.
      6345 E Hampden Ave, Denver, CO 80222
      View Details

    Property Visit Statistics

    • Visits by month
      13.4k
    • Visitors by month
      10.4k
    • Avg Time on site
      27 min
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    1550 Colorado Blvd
    Denver, CO 80222-3700
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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