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Property profile & analytics
OFF-MARKET
Estimated value
$2,760,000
Turn key restaurants
1919 Blake St Denver, CO 80202-1229
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US13-0979273
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1973
Construction
WOOD
Total area
5,760 SF
Lot
0.12 ac (5,198 SF)
Zoning code
D-LD
APN
02279-13-018-000
UPID
US13-0979273
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 Cabin Tap House Bar & Pub Nightclub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.27M
Blend (final)
Blend
$2.76M
Owner & transaction history
R And R LLC · 1 yrs held
R And R LLC
since 2024
Last sale
$3.0M
5 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$2,355,000
Current use
AUTO REPAIR, GARAGE
$2,305,000
Change: -2% · Conversion: Difficult
OFFICE BUILDING
$2,155,000
Change: -8% · Conversion: Moderate
Blend value · Realmo final
$2.76M
Range $2.48M – $3.04M · ±10% · vs last sale $3.00M (Sep 13 2024)
Last sale anchor
$3.00M
Sep 13 2024
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
$479 / 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
$38,704
Tax year 2023
Assessed value
$499,490
Assessed 2023
Previous assessed
$527,890
-5.4% YoY
Effective rate
7.75%
On assessed value
Assessed land
$499,210
Assessed improvement
$280
Land market value
$1,819,300
Improvement market value
$1,000
Total market value
$1,820,300
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1973
Construction
WOOD
Heating
HOT WATER
Cooling
EVAPORATIVE
Stories
1
Units
3
Total area
5,760 SF
Lot
0.12 ac (5,198 SF)
Zoning code
D-LD
APN
02279-13-018-000
UPID
US13-0979273
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.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$2.4M
AUTO REPAIR, GARAGE
Est. value
$2.3M
OFFICE BUILDING
Est. value
$2.2M
RESTAURANT Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1973
Construction
WOOD
Heating
HOT WATER
Cooling
Yes
Stories
1
Units
3
Lot
0.12 ac
Current owner
From public records · entity-resolved
R And R LLC
Entity
Mailing address
7030 E 46TH AVE DR UNIT F, DENVER, CO 80216-3469
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 13, 2024
$3,000,000
R And R LLC
Mile High On Blake St LLC
Special Warranty Deed
$2,400,000 · Midfirst Bank
Feb 21, 2023
$2,500,000
R And R LLC
1919 Blake Street LLC
Re-recorded Document
related
—
Jan 18, 2023
$2,940,000
Mile High On Blake St LLC
R And R LLC
Special Warranty Deed
—
Jan 19, 2022
$2,500,000
R And R LLC
1919 Blake Street LLC
Warranty Deed
$175,000 · Midfirst Bank
Jul 7, 2021
$2,500,000
1919 Blake Street LLC
Blake Street Park LLC
Special Warranty Deed
$3,333 · Blake Street Park LLC
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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