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Property profile & analytics
OFF-MARKET
Estimated value
$1,370,000
Strip malls
2175 Evans Ave Denver, CO 80223-3816
Entity Owned
8-yr Hold
Free & Clear
Property ID
US13-2252808
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1978
Construction
WOOD
Total area
12,000 SF
Lot
0.61 ac (26,625 SF)
Zoning code
S-CC-3
APN
05282-12-026-000
UPID
US13-2252808
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.37M
Owner & transaction history
Rdl Property LLC · 8 yrs held
Rdl Property LLC
since 2018
3 recorded transactions
Zoning & alternative use
S-CC-3 · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ti Unit 12 E-CC-3x Commercial Corridor 3x U-RH-2.5 Row House 2.5 S-MU-20 Multi Unit 20 E-CC-3 Commercial Corridor 3 U-RH-3A Row House 3A S-CC-3x Commercial Corridor 3x E-MX-2x Mixed Use 2x U-RX-3 Residential Mixed Use 3 S-CC-3 Commercial Corridor 3 E-MX-2A Mixed Use 2A U-RX-5 Residential Mixed Use 5 S-CC-5x Commercial Corridor 5x E-MX-2 Mixed Use 2 U-MX-2x M…
Zone name
Suburban Neighborhood Context Commercial Corridor 3
General category
COMMERCIAL
Zone area
84.79 ac
Source
Denver Zoning Code
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$114 / 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
$30,158
Tax year 2023
Assessed value
$389,200
Assessed 2023
Previous assessed
$404,080
-3.7% YoY
Effective rate
7.75%
On assessed value
Assessed land
$177,330
Assessed improvement
$211,870
Land market value
$665,600
Improvement market value
$759,400
Total market value
$1,425,000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1978
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Stories
1
Units
8
Total area
12,000 SF
Lot
0.61 ac (26,625 SF)
Zoning code
S-CC-3
APN
05282-12-026-000
UPID
US13-2252808
Jurisdiction
DENVER
Zoning & alternative use
S-CC-3 · Denver, COZoning S-CC-3 · permitted uses
S-CC-3 · Denver, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ti Unit 12 E-CC-3x Commercial Corridor 3x U-RH-2.5 Row House 2.5 S-MU-20 Multi Unit 20 E-CC-3 Commercial Corridor 3 U-RH-3A Row House 3A S-CC-3x Commercial Corridor 3x E-MX-2x Mixed Use 2x U-RX-3 Residential Mixed Use 3 S-CC-3 Commercial Corridor 3 E-MX-2A Mixed Use 2A U-RX-5 Residential Mixed Use 5 S-CC-5x Commercial Corridor 5x E-MX-2 Mixed Use 2 U-MX-2x Mixed Use 2x S-CC-5 Commercial Corridor 5 E-MX-3A Mixed Use 3A U-MX-2 Mixed Use 2 S-MX-
Zone name
Suburban Neighborhood Context Commercial Corridor 3
General category
COMMERCIAL
Zone area
84.79 ac
Source
Denver Zoning Code
Building & site characteristics
From public records
Year built
1978
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
8
Lot
0.61 ac
Current owner
From public records · entity-resolved
Rdl Property LLC
Entity
Free & Clear · 8 yrs held
Mailing address
9383 DESERT WILLOW TRL, HIGHLANDS RANCH, CO 80129-5791
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 26, 2018
—
Rdl Property LLC
Rdl Property LLC
Quit Claim Deed
related
—
Nov 8, 2016
—
Rdl Property LLC
—
Deed
related
$150,000 · Bank Of The West
—
—
Rdl Property LLC
—
Deed Of Trust
related
$150,000 · Bank Of The West
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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