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Property profile & analytics
OFF-MARKET Estimated value $600,000
Retail space

1568 Broadway Denver, CO 80210-2608

2,235 SF 0.14 ac lot Built 1941
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US13-0630440
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1941
Construction WOOD
Total area 2,235 SF
Lot 0.14 ac (6,263 SF)
Zoning code U-MS-3
APN 05227-10-007-000
UPID US13-0630440
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
  • colorado medical cannabis Alternative Medicine Practice
  • Colorado Harvest Company (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$600k
CAP Approach CAP
$470k
Comparable Approach Comparable
$681k
Blend (final) Blend
$600k
Owner & transaction history
1568 South Broadway LLC · 2 yrs held
1568 South Broadway LLC
since 2024
Last sale
$600,000
4 recorded transactions
2024
$600,000
2005
$300,000
2005
Price N/A
1969
Price N/A
Zoning & alternative use
U-MS-3 · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

U-MS-3 Main Street 3 U-MS-5 Main Street 5 SE CTION 5.2.2 RESIDENTIAL DISTRICTS (U-SU-A, -A2, -B, -B2, -C -C2, -E, -H, U-TU-B, -B2, -C, U-RH-2.5, -3A) 5.2.2.1 General Purpose A. The intent of the Residential districts is to promote and protect residential neighborhoods within the character of the Urban Neighborhood Context. These regulations allow for some mu…

Zone name Urban Neighborhood Context Main Street 3
General category MIXED_USE
Zone area 286.90 ac
Source Denver Zoning Code
Top alternative use upside
Auto repair, garage $895,000 +55.1%
Neighborhood: shopping center $725,000 +25.7%
Commercial (general) $725,000 +25.4%
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