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Property profile & analytics
OFF-MARKET Estimated value $525,000
Banks

1617 Colfax Ave Denver, CO 80218-2506

5,881 SF 0.65 ac lot Built 2007
Individually Owned 21-yr Hold Free & Clear
Property ID
US13-0414961
Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 2007
Construction WOOD
Total area 5,881 SF
Lot 0.65 ac (28,218 SF)
Zoning code C-MS-8
APN 02355-36-028-000
UPID US13-0414961
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
  • FirstBank Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$525k
Owner & transaction history
Firstbank Of Denver · 21 yrs held
Firstbank Of Denver
since 2005
6 recorded transactions
2005
Price N/A
2004
Price N/A
2004
$1.2M
2004
$2.7M
2004
$1.6M
2000
$1.4M
Zoning & alternative use
C-MS-8 · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

C-MS-8 Main Street 8 C-MS-12 Main Street 12 C-CCN-3 C-CCN-4 C-CCN-5 C-CCN-7 C-CCN-8 C-CCN-12 Cherry Creek North 3 Cherry Creek North 4 Cherry Creek North 5 Cherry Creek North 7 Cherry Creek North 8 Cherry Creek North 12 SE CTION 7.2.2 MIXED USE DISTRICTS (C-MX-3, -5, -8, -12, -16, -20) 7.2.2.1 General Purpose A. The Mixed Use zone districts are intended to p…

Zone name Urban Center Neighborhood Context Main Street 8
General category MIXED_USE
Zone area 123.28 ac
Source Denver Zoning Code
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