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Property profile & analytics
OFF-MARKET
Estimated value
$1,945,000
Individual retail properties
1849 Curtis St 4B Denver, CO 80202-1959
Entity Owned
2-yr Hold
Free & Clear
Property ID
US13-1122709
Property profile
Verified
Property type
Individual retail properties
Use group
GYM, HEALTH SPA
Year built
1997
Construction
STEEL FRAME
Total area
8,275 SF
Lot
0.02 ac (749 SF)
Zoning code
D-C
APN
02345-10-066-066
UPID
US13-1122709
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
-
The Athletic Club Gym & Fitness Center
-
PetHotels.com - Denver Dog Boarding ( Cat & Dog Friendly Hotels) Kennel & Boarding Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.82M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.95M
Owner & transaction history
The Athletic Club 1849 LLC · 2 yrs held
The Athletic Club 1849 LLC
since 2023
Last sale
$2.1M
7 recorded transactions
Zoning & alternative use
D-C · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.4M
+586.8%
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
$1,755,000
ML approach
$1,820,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,385,000
Change: +587% · Conversion: Difficult
Blend value · Realmo final
$1.95M
Range $1.75M – $2.14M · ±10% · vs last sale $2.10M (Oct 3 2023)
Last sale anchor
$2.10M
Oct 3 2023
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
$235 / 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
$32,888
Tax year 2023
Assessed value
$424,440
Assessed 2023
Previous assessed
$332,310
+27.7% YoY
Effective rate
7.75%
On assessed value
Assessed land
$54,490
Assessed improvement
$369,950
Land market value
$225,300
Improvement market value
$1,326,000
Total market value
$1,551,300
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
Individual retail properties
Use group
GYM, HEALTH SPA
Status
Off-Market
Year built
1997
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
CENTRAL
Stories
3
Units
7
Total area
8,275 SF
Lot
0.02 ac (749 SF)
Zoning code
D-C
APN
02345-10-066-066
UPID
US13-1122709
Jurisdiction
DENVER
Zoning & alternative use
D-C · Denver, CO
Zoning D-C · permitted uses
D-C · 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
RETAIL STORES
Est. value
$1.4M
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
1997
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
Yes
Stories
3
Units
7
Lot
0.02 ac
Current owner
From public records · entity-resolved
The Athletic Club 1849 LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1621 GLN OAKS DR, WEST DES MOINES, IA 50266-6632
Ownership since
2023
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
Oct 3, 2023
$2,100,000
The Athletic Club 1849 LLC
Store Master Funding I LLC
Special Warranty Deed
—
Aug 27, 2018
—
Xhr Denver Curtis LLC
Pearlmark Denver Hotel LLC
Grant Deed
—
Mar 5, 2015
—
Pearlmark Denver Spa LLC
Store Master Funding I LLC
Quit Claim Deed
related
—
Dec 27, 2010
$2,000,000
Tw Mezz Denver Spa LLC
Deco Property LLC
Grant Deed
—
Jun 16, 2010
—
Deco Property LLC
Chief Deputy Public Te Of Denver
Trustees Deed
related
—
May 24, 2010
$22,000,000
Cjs Athletic Club LLC
Deputy Public Te Of Denver Cnty
Certificate Of Purchase
$95,000,000
—
—
Pearlmark Denver Hotel LLC|pearlmark Denver Spa Ll
—
Loan Modification
related
$51,000,000 · Deutsche Bk Tr C 2014-fl1 (ce)
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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