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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Office Spaces
209 Kalamath St 9 Denver, CO 80223-1348
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US13-2732432
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1951
Construction
STEEL FRAME
Total area
783 SF
Lot
0 ac (2 SF)
Zoning code
I-MX-3
APN
05091-20-030-030
UPID
US13-2732432
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
-
W Studio (Bike/Boat/Book/etc) Store Photography Service
-
photospace Photography Service (Bike/Boat/Book/etc) Store
-
Lozow & Lozow Law Firm
-
Benjy Dobrin Acting Studios Training Center
-
Chronos Interactive Inc Marketing & Advertising (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$500k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$555k
Owner & transaction history
Mkw 9 LLC · 4 yrs held
Mkw 9 LLC
since 2022
Last sale
$580,000
5 recorded transactions
Zoning & alternative use
I-MX-3 · 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
$570,000
ML approach
$500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$555k
Range $500k – $611k · ±10% · vs last sale $580k (Feb 9 2022)
Last sale anchor
$580k
Feb 9 2022
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
$709 / 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
$6,513
Tax year 2023
Assessed value
$84,050
Assessed 2023
Previous assessed
$88,350
-4.9% YoY
Effective rate
7.75%
On assessed value
Assessed land
$18,950
Assessed improvement
$65,100
Land market value
$225,400
Improvement market value
$508,200
Total market value
$733,600
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1951
Construction
STEEL FRAME
Heating
YES
Buildings
2
Stories
1
Units
1
Rooms
4
Bathrooms
1
Total area
783 SF
Lot
0 ac (2 SF)
Zoning code
I-MX-3
APN
05091-20-030-030
UPID
US13-2732432
Jurisdiction
DENVER
Zoning & alternative use
I-MX-3 · Denver, CO
Zoning I-MX-3 · permitted uses
I-MX-3 · 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.
Building & site characteristics
From public records
Year built
1951
Construction
STEEL FRAME
Heating
YES
Stories
1
Buildings
2
Units
1
Rooms
4
Bathrooms
1
Lot
0 ac
Current owner
From public records · entity-resolved
Mkw 9 LLC
Entity
Mailing address
5413 S CHESTER CT, GREENWOOD VILLAGE, CO 80111-3577
Ownership since
2022
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
Feb 9, 2022
$580,000
Mkw 9 LLC
Pnc Bank National Association
Special Warranty Deed
$435,000 · First American State Bank
Oct 23, 2020
$655,000
Bbva USA
Birds Nest Holdings LLC
Grant Deed
—
Jun 16, 2015
$428,000
Birds Nest Holdings LLC
Roger A Jackson
Special Warranty Deed
$655,000 · Compass Bank
Feb 12, 2009
$323,000
Roger A Jackson
209 Kalamath Group LLC
Warranty Deed
—
Dec 2, 2008
—
209 Kalamath Group LLC
—
Trustees Deed
related
$406,000 · Summit Bank & Trust
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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