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Property profile & analytics
FOR SALE
Medical Office Space

1750 Race St Denver, CO 80206

3,174 SF 0.14 ac lot Built 1970
Individually Owned 25-yr Hold ~ Est. High Equity
Property ID
US13-2698228
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1970
Construction WOOD
Total area 3,174 SF
Lot 0.14 ac (6,250 SF)
Zoning code G-RO-3
APN 02355-16-034-000
UPID US13-2698228
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
  • Dan Lumian MD Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$645k
Comparable Approach Comparable
$402k
Blend (final) Blend
$640k
Owner & transaction history
Daniel R Lumian · 25 yrs held
Daniel R Lumian
since 2000
1 recorded transaction
2000
$275,000
Zoning & alternative use
G-RO-3 · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

G-RO-3 Residential Office 3 G-RO-5 Residential Office 5 G-MX-3 Mixed Use 3 G-RX-3 Residential Mixed Use 3 G-RX-5 Residential Mixed Use 5 G-MS-3 Main Street 3 G-MS-5 Main Street 5 SE CTION 6.2.2 RESIDENTIAL DISTRICTS (G-RH-3, G-MU-3 TO -20, G-RO-3, G-RO-5) 6.2.2.1 General Purpose A. The intent of the Residential districts is to promote and protect higher dens…

Zone name General Urban Neighborhood Context Residential Office 3
General category MIXED_USE
Zone area 140.88 ac
Source Denver Zoning Code
Top alternative use upside
Neighborhood: shopping center $1.0M +6.9%
Commercial (general) $1.0M +6.6%
Retail stores $1.0M +5.9%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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