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Property profile & analytics
OFF-MARKET
Estimated value
$86,485,000
Office buildings
1585 Wynkoop St Denver, CO 80202-1129
Entity Owned
19-yr Hold
Free & Clear
Property ID
US13-1072824
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2006
Construction
CONCRETE
Total area
303,752 SF
Lot
1.26 ac (54,965 SF)
Zoning code
D-LD
APN
02332-09-014-000
UPID
US13-1072824
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
-
FedEx ShipSite Courier Service Postal Service
-
Office Depot Tech Services Tech Support Center IT Consulting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$74.79M
Blend (final)
Blend
$86.49M
Owner & transaction history
Denver Epa Oc LLC · 19 yrs held
Denver Epa Oc LLC
since 2007
6 recorded transactions
Zoning & alternative use
D-LD · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$124.2M
+9.2%
Auto repair, garage
$121.7M
+7.0%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$113,750,000
Current use
RESTAURANT
$124,225,000
Change: +9% · Conversion: Moderate
AUTO REPAIR, GARAGE
$121,660,000
Change: +7% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$98,585,000
Change: -13% · Conversion: Difficult
COMMERCIAL (GENERAL)
$98,315,000
Change: -14% · Conversion: Easy
RETAIL STORES
$97,685,000
Change: -14% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$94,425,000
Change: -17% · Conversion: Easy
MEDICAL BUILDING
$92,235,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$86.49M
Range $77.84M – $95.13M · ±10%
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
$285 / 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
$2,817,689
Tax year 2023
Assessed value
$36,363,850
Assessed 2023
Previous assessed
$38,770,910
-6.2% YoY
Effective rate
7.75%
On assessed value
Assessed land
$4,975,570
Assessed improvement
$31,388,280
Land market value
$17,863,600
Improvement market value
$112,502,800
Total market value
$130,366,400
Applied tax rate
320.0000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
2006
Construction
CONCRETE
Heating
FORCED AIR
Cooling
CENTRAL
Stories
9
Units
6
Total area
303,752 SF
Lot
1.26 ac (54,965 SF)
Zoning code
D-LD
APN
02332-09-014-000
UPID
US13-1072824
Jurisdiction
DENVER
Zoning & alternative use
D-LD · Denver, CO
Zoning D-LD · permitted uses
D-LD · 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
$113.8M
RESTAURANT
Est. value
$124.2M
AUTO REPAIR, GARAGE
Est. value
$121.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$98.6M
COMMERCIAL (GENERAL)
Est. value
$98.3M
RETAIL STORES
Est. value
$97.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$94.4M
MEDICAL BUILDING
Est. value
$92.2M
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
2006
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
9
Units
6
Lot
1.26 ac
Current owner
From public records · entity-resolved
Denver Epa Oc LLC
Entity
Free & Clear · 19 yrs held
Mailing address
PO BOX 847, CARLSBAD, CA 92018-0847
Ownership since
2007
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
Jan 30, 2019
—
Denver Epa Oc LLC
—
Deed
related
$68,500,000 · Miscellaneous Ins Co
Mar 10, 2017
—
Denver Epa Oc LLC
—
Deed
related
$284,000,000 · * Other Institutional Lenders
Apr 19, 2007
—
Denver Epa Oc LLC
Denver Epa LLC
Warranty Deed
—
—
—
Denver Epa Oc LLC
—
Deed Of Trust
related
$68,500,000 · Miscellaneous Ins Co
—
—
Denver Epa Oc LLC
—
Loan Modification
related
$284,000,000 · Us Bank NA #2007-ldp11 (ce)
—
—
Denver Epa Oc LLC
—
Loan Modification
related
$284,000,000 · * Other Institutional Lenders
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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