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Property profile & analytics
OFF-MARKET
Estimated value
$780,000
Garden apartment buildings
1555 Tamarac St 1557 Denver, CO 80220-2036
Individually Owned
~
Est. High Equity
Property ID
US13-0241231
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1951
Construction
WOOD
Total area
3,480 SF
Lot
0.14 ac (6,230 SF)
Zoning code
E-RH-2.5
APN
01333-30-026-000
UPID
US13-0241231
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
$815k
Comparable Approach
Comparable
$759k
Blend (final)
Blend
$780k
Owner & transaction history
Susan Courtney Summers
Susan Courtney Summers
since 2026
Last sale
$775,000
7 recorded transactions
Zoning & alternative use
E-RH-2.5 · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.1M
+21.0%
Commercial (general)
$1.1M
+20.7%
Retail stores
$1.1M
+19.9%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$880,000
6.5%
$815,000
7%
$755,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$935,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,130,000
Change: +21% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,125,000
Change: +21% · Conversion: Moderate
RETAIL STORES
$1,120,000
Change: +20% · Conversion: Difficult
MEDICAL BUILDING
$1,055,000
Change: +13% · Conversion: Moderate
OFFICE BUILDING
$890,000
Change: -5% · Conversion: Moderate
Blend value · Realmo final
$780k
Range $702k – $858k · ±10% · vs last sale $775k (Jan 21 2026)
Last sale anchor
$775k
Jan 21 2026
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
$224 / 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
$3,868
Tax year 2023
Assessed value
$49,920
Assessed 2023
Previous assessed
$39,760
+25.6% YoY
Effective rate
7.75%
On assessed value
Assessed land
$13,000
Assessed improvement
$36,920
Land market value
$249,000
Improvement market value
$551,000
Total market value
$800,000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1951
Construction
WOOD
Heating
FORCED AIR
Stories
1
Units
4
Rooms
14
Bathrooms
1
Total area
3,480 SF
Lot
0.14 ac (6,230 SF)
Zoning code
E-RH-2.5
APN
01333-30-026-000
UPID
US13-0241231
Jurisdiction
DENVER
Zoning & alternative use
E-RH-2.5 · Denver, CO
Zoning E-RH-2.5 · permitted uses
E-RH-2.5 · 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$935,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.1M
RETAIL STORES
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.1M
OFFICE BUILDING
Est. value
$890,000
APARTMENT HOUSE (5+ UNITS) Current
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
RETAIL STORES
MEDICAL BUILDING
OFFICE 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
1951
Construction
WOOD
Heating
FORCED AIR
Stories
1
Units
4
Rooms
14
Bathrooms
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Susan Courtney Summers
Individual
Mailing address
2846 EMPORIA ST, DENVER, CO 80238-2906
Ownership since
2026
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
Jan 21, 2026
$775,000
Susan Courtney Summers
Brk Real Estate LLC
Special Warranty Deed
$581,250 · Union Home Mortgage Corp
Nov 12, 2020
—
Brk Real Estate LLC
—
Deed
related
$380,000 · Firstbank
Aug 28, 2014
—
Brk Real Estate LLC
Mckernan,michael T
Quit Claim Deed
related
$231,598 · Firstbank
Aug 31, 2011
$226,000
Michael T Mckernan
Germaine Fraley
Warranty Deed
$170,000 · First National Bank Of Santa Fe
Jun 10, 2002
$390,000
Germaine Fraley
Smith,anita M
Grant Deed
$312,000 · Washington Mutual Fsb
Jun 27, 2000
$320,000
Anita M Smith
Sevier,philip
Grant Deed
$299,250 · Mortgage Express
—
—
Germaine Fraley
—
Deed Of Trust
related
$310,000 · Washington Mutual Fsb
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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