Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    180 Madison St Denver, CO 80206-5402

    • High-rise multifamily apartments
    • 0.73 lot acres
    OFF-MARKET
    Value Estimations
    $245,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-1678994
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Modera Cherry Creek / Apartment Complex / Apartment Building

    Property Details for 180 Madison St

    Year built
    2021
    Construction
    WOOD
    Lot size
    0.73 lot acres
    Zone code
    C-MX-5
    Property type
    High-rise multifamily apartments
    APN
    05121-28-038-000
    APU
    512128038000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $245,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Denver
    State
    Colorado
    Longitude
    -104.946
    Latitude
    39.719
    CBSA code
    19740
    CBSA name
    DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $329,840
    $684,510
    $3,572,260
    $4,256,770
    -
    $10,271,600
    $53,317,300
    $63,588,900

    Comparable in this City

    • Value Estimation
      $520,000
      139,772 SF

      255 Saint Paul St

      HIGH-RISE APARTMENTS • 139,772 SF
      255 Saint Paul St, Denver, CO 80206-5100
      View Details
    • Value Estimation
      $305,000
      183,313 SF

      100 Steele St

      HIGH-RISE APARTMENTS • 183,313 SF
      100 Steele St, Denver, CO 80206-5249
      View Details
    • Value Estimation
      $7,885,000
      86,416 SF

      1330 Gaylord St

      HIGH-RISE APARTMENTS • 86,416 SF
      1330 Gaylord St, Denver, CO 80206-2117
      View Details
    • Value Estimation
      $6,080,000
      77,112 SF

      1663 Steele St

      HIGH-RISE APARTMENTS • 77,112 SF
      1663 Steele St, Denver, CO 80206-1727
      View Details
    • Value Estimation
      $585,000
      23,244 SF

      1250 Colorado Blvd

      HIGH-RISE APARTMENTS • 23,244 SF
      1250 Colorado Blvd, Denver, CO 80206-3656
      View Details
    • Value Estimation
      $650,000
      22,466 SF

      1402 Race St

      HIGH-RISE APARTMENTS • 22,466 SF
      1402 Race St, Denver, CO 80206-2019
      View Details

    Similar Nearby for Sale

    • $4,200,000

      Luxury Residences in Cherry Creek

      Luxury residences with personalized service in Denver's sought-after Cherry Creek.
      185 Steele St, Denver, CO 80206
      View Details
    • $5,850,000

      Luxury Residences in Cherry Creek

      Luxury residences with personalized concierge and world-class amenities.
      185 Steele St, Denver, CO 80206
      View Details
    • $1,400,000
      3,212 SF

      Updated Multifamily Investment Property

      Charming, updated 7-unit building in Central Denver's Cheesman Park.
      1234 York St, Denver, CO 80206
      View Details
    • $1,140,000
      2,754 SF

      Denver Multifamily Investment Opportunity

      Six-unit apartment building in Denver's Congress Park submarket.
      1483 Milwaukee St, Denver, CO 80206
      View Details
    • $1,275,000
      4,338 SF

      Denver Cheesman Park Apartment Building

      Six-unit apartment building in Cheesman Park neighborhood with upside potential.
      1355 Vine St, Denver, CO 80206
      View Details
    • $1,146,000

      Uptown Denver Multifamily Opportunity

      Historic Uptown property with multi-unit residential or boutique office potential.
      1735 Gaylord St, Denver, CO 80206
      View Details

    Similar Nearby for Lease

    • $25 SF/Yr
      29,212 SF

      Cherry Creek Office Space for Lease

      1,917 sq ft, prime Cherry Creek location
      250 Steele St, Denver, CO 80206
      View Details
    • Contact for pricing
      1,656 SF

      Colfax Central Retail Space Available

      Prime Colfax retail space, 1656 sq ft.
      2209 Colfax Ave, Denver, CO 80206
      View Details
    • $58 SF/Yr
      50,745 SF

      Versatile Commercial Space on 1st

      Prime Denver location, customizable space for retail, dining, or office.
      2955 E 1St Ave, Denver, CO 80206
      View Details
    • Contact for pricing
      815 SF

      Retail Space in Cherry Creek

      Charming retail space in Denver's Cherry Creek neighborhood.
      2375 E 1St Ave, Denver, CO 80206
      View Details
    • Contact for pricing
      1,656 SF

      Retail Space on Colfax Avenue

      Former sandwich shop with cooler and freezer in place.
      2205-2211 Colfax Ave, Denver, CO 80206
      View Details
    • Contact for pricing
      4,200 SF

      Denver Office Space with Atrium

      Office space in Cherry Creek with modern amenities and parking.
      155 S Madison St, Denver, CO 80206
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    180 Madison St
    Denver, CO 80206-5402
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.