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Property profile & analytics
OFF-MARKET
Estimated value
$690,000
Garden apartment buildings
2071 Lincoln St Denver, CO 80210-4011
Individually Owned
18-yr Hold
Property ID
US13-0218016
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1955
Construction
WOOD
Total area
3,256 SF
Lot
0.23 ac (10,100 SF)
Zoning code
U-RH-2.5
APN
05271-11-008-000
UPID
US13-0218016
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$760k
Comparable Approach
Comparable
$436k
Blend (final)
Blend
$690k
Owner & transaction history
George P Psyllas · 18 yrs held
George P Psyllas
since 2007
7 recorded transactions
Zoning & alternative use
U-RH-2.5 · 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%
$825,000
6.5%
$760,000
7%
$705,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,055,000
Change: -15% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,055,000
Change: -16% · Conversion: Moderate
Blend value · Realmo final
$690k
Range $621k – $759k · ±10%
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
$212 / 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
$7,572
Tax year 2023
Assessed value
$97,720
Assessed 2023
Previous assessed
$60,490
+61.5% YoY
Effective rate
7.75%
On assessed value
Assessed land
$40,640
Assessed improvement
$57,080
Land market value
$661,600
Improvement market value
$852,000
Total market value
$1,513,600
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1955
Construction
WOOD
Heating
FORCED AIR
Stories
2
Units
4
Rooms
16
Bathrooms
1
Total area
3,256 SF
Lot
0.23 ac (10,100 SF)
Zoning code
U-RH-2.5
APN
05271-11-008-000
UPID
US13-0218016
Jurisdiction
DENVER
Zoning & alternative use
U-RH-2.5 · Denver, CO
Zoning U-RH-2.5 · permitted uses
U-RH-2.5 · 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
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
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
1955
Construction
WOOD
Heating
FORCED AIR
Stories
2
Units
4
Rooms
16
Bathrooms
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
George P Psyllas
Individual
Mailing address
356 S GLENCOE ST, DENVER, CO 80246-1415
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2021
—
George P Psyllas
—
Deed
related
$188,000 · Financial Funding Solutions INC
Oct 31, 2007
$390,000
George P Psyllas
Cdc Mtg Cap Trust 2003-he4
Grant Deed
$312,000 · Countrywide Bank
Oct 13, 2006
—
Cdc Mortgage Cap Trust 2003-he4
Public Trustee Of Denver County
Trustees Deed
related
—
Jul 25, 2006
$358,763
Cdc Mortgage Cap Trust 2003-he4
Public Trustee Of Denver County
Trustees Deed
related
—
Aug 14, 2003
$425,000
Chris Robinson
Viets,christopher W
Grant Deed
$340,000 · Cit Group Consumer Finance INC
Jul 25, 2002
$420,000
Christopher W Viets
Edna E Mckinney Estate
Grant Deed
$336,000 · Indymac Bank Fsb
—
—
George P Psyllas
—
Deed Of Trust
related
$296,000 · Green Tree Servicing LLC
—
—
Chris Robinson
—
Deed Of Trust
related
$64,280 · Countrywide Home Loans INC
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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