Back to Search
Property profile & analytics
OFF-MARKET
Strip malls
1661 Central St Denver, CO 80211-3956
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US13-2677052
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2010
Construction
CONCRETE
Total area
79,754 SF
Lot
0.7 ac (30,400 SF)
Zoning code
C-MX-5
APN
02283-16-102-000
UPID
US13-2677052
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
-
Metropolis Coffee Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
1661 Central Operator LLC · 4 yrs held
1661 Central Operator LLC
since 2021
Last sale
$34.0M
3 recorded transactions
Zoning & alternative use
C-MX-5 · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
C-MX-5: Urban Center Neighbor- hood, allows commer- cial and residential uses with a maximum height of 5 stories. 2.3.1.3 Design Standards The Design Standards Division establishes the intent of all applicable design standards, allowed building forms by zone district, building form standards and any exceptions or alternatives. A summary table provides an ove…
Zone name
Urban Center Neighborhood Context Mixed Use 5
General category
MIXED_USE
Zone area
635.39 ac
Source
Denver Zoning Code
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$243,619
Tax year 2023
Assessed value
$3,144,040
Assessed 2023
Previous assessed
$2,676,150
+17.5% YoY
Effective rate
7.75%
On assessed value
Assessed land
$435,770
Assessed improvement
$2,708,270
Land market value
$5,472,000
Improvement market value
$29,541,600
Total market value
$35,013,600
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2010
Construction
CONCRETE
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Units
56
Total area
79,754 SF
Lot
0.7 ac (30,400 SF)
Zoning code
C-MX-5
APN
02283-16-102-000
UPID
US13-2677052
Jurisdiction
DENVER
Zoning & alternative use
C-MX-5 · Denver, COZoning C-MX-5 · permitted uses
C-MX-5 · Denver, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
C-MX-5: Urban Center Neighbor- hood, allows commer- cial and residential uses with a maximum height of 5 stories. 2.3.1.3 Design Standards The Design Standards Division establishes the intent of all applicable design standards, allowed building forms by zone district, building form standards and any exceptions or alternatives. A summary table provides an overview for easy reference. Each building form has a set of illustrations and a table of standards to ensure clarity in interpretation. 2.3-2 |
Zone name
Urban Center Neighborhood Context Mixed Use 5
General category
MIXED_USE
Zone area
635.39 ac
Source
Denver Zoning Code
Building & site characteristics
From public records
Year built
2010
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
56
Lot
0.7 ac
Current owner
From public records · entity-resolved
1661 Central Operator LLC
Entity
Mailing address
1391 BRICKYARD RD UNIT A, GOLDEN, CO 80403-8210
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 3, 2021
$34,000,000
1661 Central Operator LLC
Central Street Development LLC
Special Warranty Deed
$26,805 · Prime Finance Short Duration Holdin
Nov 2, 2012
—
Central Street Dev LLC
—
Deed Of Trust
related
$12,000,000 · Guaranty Bank
—
—
Central Street Dev LLC
—
Loan Modification
related
$10,508,841 · Independent Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1661 Central St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
