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Property profile & analytics
OFF-MARKET
Estimated value
$12,225,000
Hotels
15500 40th Ave Denver, CO 80239-5701
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US13-0415802
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1982
Total area
170,145 SF
Lot
7.67 ac (334,105 SF)
APN
R0083907
UPID
US13-0415802
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
-
Denver Card Shows (Bike/Boat/Book/etc) Store
-
Susie Pryor Grocery & Convenience Store Food Market
-
Encore IT Consulting Firm Tech Support Center
-
Rocky Mountain Homeschool Conference Charitable Organization Social Service Agency
-
EXXXOTICA Expo Denver Business Service Center Conference Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.23M
Owner & transaction history
Pool IV Finance LLC · 10 yrs held
Pool IV Finance LLC
since 2015
6 recorded transactions
Zoning & alternative use
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
$72 / 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
$243,173
Tax year 2023
Assessed value
$2,430,590
Assessed 2023
Previous assessed
$2,665,500
-8.8% YoY
Effective rate
10.00%
On assessed value
Assessed land
$1,135,910
Assessed improvement
$1,294,680
Land market value
$4,071,368
Improvement market value
$3,598,337
Total market value
$7,669,705
Applied tax rate
360.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1982
Heating
YES
Cooling
YES
Stories
2
Units
255
Rooms
255
Total area
170,145 SF
Lot
7.67 ac (334,105 SF)
APN
R0083907
UPID
US13-0415802
Jurisdiction
ADAMS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1982
Heating
YES
Cooling
Yes
Stories
2
Units
255
Rooms
255
Lot
7.67 ac
Current owner
From public records · entity-resolved
Pool IV Finance LLC
Entity
Mailing address
12735 MORRIS RD EXT STE #400, ALPHARETTA, GA 30004-8904
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 7, 2017
—
Pool IV Finance LLC
—
Grant Deed
related
$600,000,000 · Goldman Sachs Mtg
Oct 5, 2015
—
Pool IV Finance LLC
Atrium Finance IV LP
Grant Deed
related
$585,000,000 · Jp Morgan Chase Bk
Oct 20, 2005
—
Atrium Finance IV
John Q Hammons Hotels
Grant Deed
related
—
Dec 2, 1994
$11,636,000
John Q Hammons Hotes Two
Hammons,john Q & Juanita K
Warranty Deed
related
—
—
—
Finance Atrium IV
—
Deed Of Trust
related
—
—
—
Finance Atrium IV
—
Loan Modification
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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