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Property profile & analytics
OFF-MARKET
Estimated value
$34,190,000
Parking lots & garages
1601 19th Ave, Denver, CO 80218-1216
Entity Owned
Free & Clear
Property ID
US13-0949065
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Year built
1990
Construction
CONCRETE
Total area
146,510 SF
Zoning code
H-1-A
APN
02355-00-023-000
UPID
US13-0949065
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 Endocrinology Physician
-
PS/L W. Medical Office's Suite 4000 Hospital
-
Cardiovascular Surgical Professionals Medical Clinic
-
Denver Clinic for Extremities at Risk at Presbyterian St. Luke's Medical Clinic
-
Womens & Children's Hospital: Kooienga Laura A MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$39.77M
Blend (final)
Blend
$34.19M
Owner & transaction history
COLUMBIAHEALTHONE LLC
COLUMBIAHEALTHONE LLC
Zoning & alternative use
H-1-A · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$53.9M
+26.7%
Neighborhood: shopping center
$47.6M
+11.8%
Commercial (general)
$47.4M
+11.5%
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
PARKING LOT
$42,535,000
Current use
APARTMENT HOUSE (5+ UNITS)
$53,905,000
Change: +27% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$47,550,000
Change: +12% · Conversion: Difficult
COMMERCIAL (GENERAL)
$47,420,000
Change: +11% · Conversion: Difficult
RETAIL STORES
$47,120,000
Change: +11% · Conversion: Difficult
MEDICAL BUILDING
$44,490,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$34.19M
Range $30.77M – $37.61M · ±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
$233 / 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
$178,697
Tax year 2023
Assessed value
$2,306,190
Assessed 2023
Previous assessed
$2,010,250
+14.7% YoY
Effective rate
7.75%
On assessed value
Assessed improvement
$2,306,190
Improvement market value
$8,295,900
Total market value
$8,295,900
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
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Status
Off-Market
Year built
1990
Construction
CONCRETE
Heating
NONE
Stories
3
Bathrooms
3
Total area
146,510 SF
Zoning code
H-1-A
APN
02355-00-023-000
UPID
US13-0949065
Jurisdiction
DENVER
Zoning & alternative use
H-1-A · Denver, CO
Zoning H-1-A · permitted uses
H-1-A · 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
PARKING LOT Current
Est. value
$42.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$53.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$47.6M
COMMERCIAL (GENERAL)
Est. value
$47.4M
RETAIL STORES
Est. value
$47.1M
MEDICAL BUILDING
Est. value
$44.5M
PARKING LOT Current
APARTMENT HOUSE (5+ UNITS)
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
RETAIL STORES
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
1990
Construction
CONCRETE
Heating
NONE
Stories
3
Bathrooms
3
Current owner
From public records · entity-resolved
COLUMBIAHEALTHONE LLC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 80610, INDIANAPOLIS, IN 46280-0610
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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