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Property profile & analytics
OFF-MARKET
Estimated value
$5,400,000
Auto shops
2228 Colorado Blvd Denver, CO 80222-4914
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US13-0593992
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1963
Construction
STEEL FRAME
Total area
6,245 SF
Lot
0.43 ac (18,668 SF)
Zoning code
S-CC-5
APN
06302-15-023-000
UPID
US13-0593992
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
-
Gerber Collision & Glass Auto Repair Shop
-
Glass America Auto Repair Shop (Bike/Boat/Book/etc) Store
-
Beyond Advance Roofing Pros Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.18M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.40M
Owner & transaction history
B&r California LLC · 4 yrs held
B&r California LLC
since 2022
Last sale
$5.6M
7 recorded transactions
Zoning & alternative use
S-CC-5 · 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
$5,225,000
ML approach
$5,175,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.40M
Range $4.86M – $5.94M · ±10% · vs last sale $5.60M (Feb 22 2022)
Last sale anchor
$5.60M
Feb 22 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
$865 / 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
$30,046
Tax year 2023
Assessed value
$387,760
Assessed 2023
Previous assessed
$411,740
-5.8% YoY
Effective rate
7.75%
On assessed value
Assessed land
$387,480
Assessed improvement
$280
Land market value
$1,418,800
Improvement market value
$1,000
Total market value
$1,419,800
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1963
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Units
3
Total area
6,245 SF
Lot
0.43 ac (18,668 SF)
Zoning code
S-CC-5
APN
06302-15-023-000
UPID
US13-0593992
Jurisdiction
DENVER
Zoning & alternative use
S-CC-5 · Denver, CO
Zoning S-CC-5 · permitted uses
S-CC-5 · 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
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
3
Lot
0.43 ac
Current owner
From public records · entity-resolved
B&r California LLC
Entity
Mailing address
3828 W 24TH AVE, DENVER, CO 80211-4412
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
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 22, 2022
$5,600,000
B&r California LLC
2228 South Colorado Development LLC
Special Warranty Deed
—
Jan 18, 2017
$2,550,000
2228 South Colorado Dev LLC
Sampson Properties LLC
Grant Deed
$1,500,000 · Guaranty Bk
Apr 9, 2014
—
Millenson,steven A Trust
Millenson Steven A
Quit Claim Deed
related
—
Jul 2, 2010
—
Sampson Properties LLC
—
Trustees Deed
related
—
May 5, 2009
—
Sampson Properties LLC
—
Trustees Deed
related
$100,000 · Bank Of Denver
Jul 14, 2005
—
Sampson Properties LLC
Millenson,steven A
Quit Claim Deed
related
—
Nov 5, 1999
$206,200
Steven A Millenson
Millenson,ruth E
Grant Deed
related
$400,000 · Bank Of Denver
—
—
Sampson Properties LLC
—
Loan Modification
related
—
—
—
Steve A Millenson
—
Deed Of Trust
related
$52,030 · American General Finance INC
—
—
Sampson Properties LLC
—
Loan Modification
related
—
—
—
Sampson Properties LLC
—
Deed Of Trust
related
—
—
—
Sampson Properties LLC
—
Loan Modification
related
—
—
—
Sampson Properties LLC
—
Loan Modification
related
—
—
—
2228 South Colorado Dev LLC
—
Loan Modification
related
$1,500,000 · Independent Bk
—
—
Sampson Properties LLC
—
Deed Of Trust
related
—
—
—
Sampson Properties LLC
—
Loan Modification
related
$150,000 · Bank Of Denver
—
—
Sampson Properties LLC
—
Deed Of Trust
related
$400,000 · Bank Of Denver
—
—
Sampson Properties LLC
—
Deed Of Trust
related
$350,000 · Bank Of Denver
—
—
Sampson Properties LLC
—
Deed Of Trust
related
—
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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