Back to Search
Property profile & analytics
FOR LEASE
Warehouses
2105 10Th Ave Denver, CO 80204
Entity Owned
6-yr Hold
Free & Clear
Property ID
US13-0255969
For Lease
1 / 3
$8.50 SF/Yr
2105 10Th Ave, Denver, CO 80204
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1963
Construction
WOOD
Total area
18,585 SF
Lot
0.83 ac (36,166 SF)
Zoning code
I-B
APN
05043-38-005-000
UPID
US13-0255969
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
-
Dealernet Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$922k
Blend (final)
Blend
$775k
Owner & transaction history
North Tejon Red Rocks LLC · 6 yrs held
North Tejon Red Rocks LLC
since 2019
Last sale
$900,000
6 recorded transactions
Zoning & alternative use
I-B · 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
Blend value · Realmo final
$775k
Range $698k – $853k · ±10% · vs last sale $900k (Feb 2 2025)
Last sale anchor
$900k
Feb 2 2025
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
$42 / 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
$56,438
Tax year 2023
Assessed value
$728,360
Assessed 2023
Previous assessed
$688,110
+5.8% YoY
Effective rate
7.75%
On assessed value
Assessed land
$496,150
Assessed improvement
$232,210
Land market value
$1,808,300
Improvement market value
$832,300
Total market value
$2,640,600
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1963
Construction
WOOD
Heating
YES
Stories
1
Units
3
Total area
18,585 SF
Lot
0.83 ac (36,166 SF)
Zoning code
I-B
APN
05043-38-005-000
UPID
US13-0255969
Jurisdiction
DENVER
Zoning & alternative use
I-B · Denver, CO
Zoning I-B · permitted uses
I-B · 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
1963
Construction
WOOD
Heating
YES
Stories
1
Units
3
Lot
0.83 ac
Current owner
From public records · entity-resolved
North Tejon Red Rocks LLC
Entity
Free & Clear · 6 yrs held
Mailing address
6292 S POTOMAC WAY, CENTENNIAL, CO 80111-6636
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 18, 2019
—
North Tejon Red Rocks LLC
Red Rocks Cmnty Clg Foun
Quit Claim Deed
—
Jul 15, 2019
$747,118
Jps Building LLC
Krieger,lawrence
Grant Deed
—
Jul 15, 2019
—
Jps Building LLC
Schaefer,john
Grant Deed
—
Jun 24, 2019
—
John Schaefer
West 10th Investors LLC
Grant Deed
—
Jul 2, 2004
—
West 10th Investors LLC
Gilmar Investment Co Lllp
Grant Deed
related
—
Feb 24, 1999
$725,000
Gilmar Investment Company Ltd
Staab,william C
Grant Deed
$625,000 · Individual
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
