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Property profile & analytics
OFF-MARKET
Estimated value
$3,375,000
Medical Office Space
1625 Marion St Denver, CO 80218-1791
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US13-0903578
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1994
Construction
WOOD
Total area
7,590 SF
Lot
0.5 ac (21,887 SF)
Zoning code
G-RO-3
APN
02354-18-044-000
UPID
US13-0903578
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
-
Deborah Chen-Becker Pediatrician Medical Clinic
-
Dr. Jay A. Markson, MD Pediatrician Medical Clinic
-
Dr. Mary E. Maguire, MD Pediatrician Medical Clinic
-
Dr. Mary R. Zavadil, MD Pediatrician Medical Clinic
-
Dr. Erin J. Ambardekar, MD Pediatrician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.34M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.88M
Blend (final)
Blend
$3.38M
Owner & transaction history
1625 Marion St LLC · 3 yrs held
1625 Marion St LLC
since 2022
Last sale
$3.6M
7 recorded transactions
Zoning & alternative use
G-RO-3 · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.1M
+34.7%
Auto repair, garage
$3.0M
+31.9%
Apartment house (5+ units)
$2.8M
+21.2%
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
$3,390,000
ML approach
$3,340,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,305,000
Current use
RESTAURANT
$3,105,000
Change: +35% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,040,000
Change: +32% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,795,000
Change: +21% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$2,465,000
Change: +7% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,455,000
Change: +7% · Conversion: Easy
RETAIL STORES
$2,440,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$3.38M
Range $3.04M – $3.71M · ±10% · vs last sale $3.63M (Aug 24 2022)
Last sale anchor
$3.63M
Aug 24 2022
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
$445 / 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
$46,690
Tax year 2023
Assessed value
$602,560
Assessed 2023
Previous assessed
$761,950
-20.9% YoY
Effective rate
7.75%
On assessed value
Assessed land
$602,280
Assessed improvement
$280
Land market value
$2,188,700
Improvement market value
$1,000
Total market value
$2,189,700
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1994
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
4
Total area
7,590 SF
Lot
0.5 ac (21,887 SF)
Zoning code
G-RO-3
APN
02354-18-044-000
UPID
US13-0903578
Jurisdiction
DENVER
Zoning & alternative use
G-RO-3 · Denver, CO
Zoning G-RO-3 · permitted uses
G-RO-3 · 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
MEDICAL BUILDING Current
Est. value
$2.3M
RESTAURANT
Est. value
$3.1M
AUTO REPAIR, GARAGE
Est. value
$3.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.5M
COMMERCIAL (GENERAL)
Est. value
$2.5M
RETAIL STORES
Est. value
$2.4M
MEDICAL BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
RETAIL STORES
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
1994
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
4
Lot
0.5 ac
Current owner
From public records · entity-resolved
1625 Marion St LLC
Entity
Mailing address
PO BOX 102412, DENVER, CO 80250-2412
Ownership since
2022
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
Apr 15, 2025
—
1625 Marion St LLC
—
Deed
related
$11,900,000 · Indicate Capital Reit LLC
Aug 24, 2022
$3,631,146
1625 Marion St LLC
Nma Renovations LLC
Warranty Deed
$400,000 · Redt Capital Partners LLC
Jan 6, 2022
$2,600,000
Nma Renovations LLC
1625 Marion LLC
Special Warranty Deed
$2,900,000 · Pine Financial Group INC
Feb 24, 2020
—
1625 Marion LLC
—
Deed
related
—
Feb 4, 2015
$1,350,000
1625 Marion LLC
Community Child Health Foundation
Special Warranty Deed
$1,080,000 · Umb Bank NA
Jun 7, 2001
—
Health Foundation
Childrens Medical Center Prope
Grant Deed
related
—
—
—
1625 Marion LLC
—
Loan Modification
related
—
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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