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Property profile & analytics
OFF-MARKET
Estimated value
$2,675,000
Turn key restaurants
2201 32nd Ave Denver, CO 80211-5908
Individually Owned
3-yr Hold
Free & Clear
Property ID
US13-2766324
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1995
Construction
WOOD
Total area
5,124 SF
Lot
0.15 ac (6,538 SF)
Zoning code
U-MX-3
APN
02282-32-008-000
UPID
US13-2766324
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
-
Kevin S. Doan, DC Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.64M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.83M
Blend (final)
Blend
$2.68M
Owner & transaction history
2201 32nd And Vallejo Real Estate L · 3 yrs held
2201 32nd And Vallejo Real Estate L
since 2022
Last sale
$2.7M
3 recorded transactions
Zoning & alternative use
U-MX-3 · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.5M
+19.8%
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
$2,560,000
ML approach
$2,640,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$2,095,000
Current use
RETAIL STORES
$2,510,000
Change: +20% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,050,000
Change: -2% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,020,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$2.68M
Range $2.41M – $2.94M · ±10% · vs last sale $2.75M (Dec 16 2022)
Last sale anchor
$2.75M
Dec 16 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
$522 / 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
$32,573
Tax year 2023
Assessed value
$420,370
Assessed 2023
Previous assessed
$313,200
+34.2% YoY
Effective rate
7.75%
On assessed value
Assessed land
$247,000
Assessed improvement
$173,370
Land market value
$915,300
Improvement market value
$621,400
Total market value
$1,536,700
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1995
Construction
WOOD
Heating
HOT WATER
Cooling
CENTRAL
Stories
1
Units
5
Total area
5,124 SF
Lot
0.15 ac (6,538 SF)
Zoning code
U-MX-3
APN
02282-32-008-000
UPID
US13-2766324
Jurisdiction
DENVER
Zoning & alternative use
U-MX-3 · Denver, CO
Zoning U-MX-3 · permitted uses
U-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.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$2.1M
RETAIL STORES
Est. value
$2.5M
AUTO REPAIR, GARAGE
Est. value
$2.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.0M
RESTAURANT Current
RETAIL STORES
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
1995
Construction
WOOD
Heating
HOT WATER
Cooling
Yes
Stories
1
Units
5
Lot
0.15 ac
Current owner
From public records · entity-resolved
2201 32nd And Vallejo Real Estate L
Individual
Free & Clear · 3 yrs held
Mailing address
3418 VALLEJO ST, DENVER, CO 80211-3441
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2022
$2,745,000
2201 32nd And Vallejo Real Estate L
2201 W 32nd LLC
Special Warranty Deed
—
Oct 3, 2014
$1,030,000
2201 W 32nd LLC
Lara,veronica
Grant Deed
$830,000 · Veronica Lara
Jan 7, 2004
$237,000
Veronica Lara
Salud INC
Warranty Deed
$25,000 · Salud 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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