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Property profile & analytics
OFF-MARKET
Estimated value
$5,955,000
Office Spaces
1660 17th St Ste 450 Denver, CO 80202-1254
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US13-1100481
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1962
Construction
WOOD
Total area
1,103 SF
Lot
0.01 ac (353 SF)
Zoning code
D-LD
APN
02331-12-058-058
UPID
US13-1100481
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
-
Brendan Gustafson, Kentwood Real Estate City Properties Real Estate Agency
-
Lisa Johnston Kane, Realtor at Kentwood Real Estate Real Estate Agency
-
Shook, Hardy & Bacon L.L.P. Law Firm
-
Charles Cavness Attorney Law Firm
-
Custom Made of Colorado, Inc. Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.63M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.96M
Owner & transaction history
Kirk Elliott Phd Private Advisors L · 3 yrs held
Kirk Elliott Phd Private Advisors L
since 2022
Last sale
$6.2M
6 recorded transactions
Zoning & alternative use
D-LD · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$5,785,000
ML approach
$5,630,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.96M
Range $5.36M – $6.55M · ±10% · vs last sale $6.20M (Nov 22 2022)
Last sale anchor
$6.20M
Nov 22 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
$5,399 / 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
$8,902
Tax year 2023
Assessed value
$114,890
Assessed 2023
Previous assessed
$143,610
-20.0% YoY
Effective rate
7.75%
On assessed value
Assessed land
$102,450
Assessed improvement
$12,440
Land market value
$397,200
Improvement market value
$44,600
Total market value
$441,800
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 Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1962
Construction
WOOD
Heating
HOT WATER
Cooling
CENTRAL
Stories
1
Units
2
Total area
1,103 SF
Lot
0.01 ac (353 SF)
Zoning code
D-LD
APN
02331-12-058-058
UPID
US13-1100481
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.
Building & site characteristics
From public records
Year built
1962
Construction
WOOD
Heating
HOT WATER
Cooling
Yes
Stories
1
Units
2
Lot
0.01 ac
Current owner
From public records · entity-resolved
Kirk Elliott Phd Private Advisors L
Individual
Mailing address
1660 17TH ST STE #400, DENVER, CO 80202-1282
Mailing matches property
Yes
Owner-occupied
Yes
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 22, 2022
$6,200,000
Kirk Elliott Phd Private Advisors L
1660 17th LLC
Special Warranty Deed
—
Apr 5, 2019
—
1660 17th LLC
—
Grant Deed
related
$1,686,653 · Great Wstrn Bk
Apr 4, 2012
—
1660 17th LLC
—
Deed Of Trust
related
$1,712,000 · Great Western Bank
Aug 2, 2007
$2,300,000
1660 17th LLC
Meyers Land & Cattle
Grant Deed
$1,840,000 · Guaranty Bank
—
—
1660 17th LLC
—
Deed Of Trust
related
$107,000 · Great Western Bank
—
—
1660 17th LLC
—
Deed Of Trust
related
$250,000 · First Community Bank
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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