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Property profile & analytics
OFF-MARKET
Estimated value
$935,000
Office buildings
2175 Platte Riv Dr Denver, CO 80223-4015
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US13-2680642
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1983
Construction
WOOD
Total area
3,657 SF
Lot
0.19 ac (8,236 SF)
Zoning code
I-A
APN
05281-13-025-000
UPID
US13-2680642
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
-
DOT Hydro Testing Government
-
Reality Background Checks LLC Social Service Agency Charitable Organization
-
Fire & Safety of Denver, Inc. Production Facility Building Supply
-
DOT Incorporated Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$990k
CAP Approach
CAP
$880k
Comparable Approach
Comparable
$1.01M
Blend (final)
Blend
$935k
Owner & transaction history
Stout Street Venture LLC · 4 yrs held
Stout Street Venture LLC
since 2022
Last sale
$865,000
2 recorded transactions
Zoning & alternative use
I-A · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.5M
+36.1%
Neighborhood: shopping center
$1.2M
+10.2%
Commercial (general)
$1.2M
+9.9%
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
$1,015,000
ML approach
$990,000
CAP Approach
CAP Return
Estimation
6%
$955,000
6.5%
$880,000
7%
$815,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,075,000
Current use
AUTO REPAIR, GARAGE
$1,465,000
Change: +36% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,185,000
Change: +10% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,185,000
Change: +10% · Conversion: Easy
RETAIL STORES
$1,175,000
Change: +9% · Conversion: Moderate
MEDICAL BUILDING
$1,110,000
Change: +3% · Conversion: Easy
Blend value · Realmo final
$935k
Range $842k – $1.03M · ±10% · vs last sale $865k (May 19 2022)
Last sale anchor
$865k
May 19 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
$256 / 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
$16,814
Tax year 2023
Assessed value
$217,000
Assessed 2023
Previous assessed
$197,660
+9.8% YoY
Effective rate
7.75%
On assessed value
Assessed land
$37,580
Assessed improvement
$179,420
Land market value
$164,700
Improvement market value
$643,100
Total market value
$807,800
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 buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1983
Construction
WOOD
Heating
HOT WATER
Cooling
CENTRAL
Stories
1
Units
3
Total area
3,657 SF
Lot
0.19 ac (8,236 SF)
Zoning code
I-A
APN
05281-13-025-000
UPID
US13-2680642
Jurisdiction
DENVER
Zoning & alternative use
I-A · Denver, CO
Zoning I-A · permitted uses
I-A · 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
OFFICE BUILDING Current
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.2M
RETAIL STORES
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.1M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
RETAIL STORES
MEDICAL 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
1983
Construction
WOOD
Heating
HOT WATER
Cooling
Yes
Stories
1
Units
3
Lot
0.19 ac
Current owner
From public records · entity-resolved
Stout Street Venture LLC
Entity
Mailing address
2175 S PLATTE RIV DR, DENVER, CO 80223-4015
Mailing matches property
Yes
Owner-occupied
Yes
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 19, 2022
$865,000
Stout Street Venture LLC
Exceptional Mountain Properties LLC
Special Warranty Deed
$492,735 · Anb Bank
Jul 26, 2006
$385,000
Exceptional Mountain Props LLC
Jones,gary D
Warranty Deed
$327,250 · Gary D Jones
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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