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Property profile & analytics
OFF-MARKET
Turn key restaurants
2229 Blake St 104 Denver, CO 80205-3064
Entity Owned
12-yr Hold
Free & Clear
Property ID
US13-1191522
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2007
Construction
CONCRETE
Total area
4,425 SF
Lot
0.03 ac (1,167 SF)
Zoning code
R-MU-30
APN
02279-03-099-099
UPID
US13-1191522
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
-
Zi Lofts & Townhomes Condominium Complex
-
4Play Kitchen & Cocktails Restaurant
-
Hotel Diablo Hotel & Motel
-
Walker Burger Restaurant
-
Cassio Design Build, Inc. Marketing & Advertising (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Blake Street Retail LLC · 12 yrs held
Blake Street Retail LLC
since 2014
2 recorded transactions
Zoning & alternative use
R-MU-30 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$43,357
Tax year 2023
Assessed value
$559,540
Assessed 2023
Previous assessed
$531,280
+5.3% YoY
Effective rate
7.75%
On assessed value
Assessed land
$40,460
Assessed improvement
$519,080
Land market value
$175,000
Improvement market value
$1,860,500
Total market value
$2,035,500
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
2007
Construction
CONCRETE
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
7
Total area
4,425 SF
Lot
0.03 ac (1,167 SF)
Zoning code
R-MU-30
APN
02279-03-099-099
UPID
US13-1191522
Jurisdiction
DENVER
Zoning & alternative use
R-MU-30 · Denver, CO
Zoning R-MU-30 · permitted uses
R-MU-30 · 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
2007
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
7
Lot
0.03 ac
Current owner
From public records · entity-resolved
Blake Street Retail LLC
Entity
Free & Clear · 12 yrs held
Mailing address
5350 S ROSLYN ST STE #100, GREENWOOD VILLAGE, CO 80111-2109
Ownership since
2014
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, 2014
$1,718,657
Blake Street Retail LLC
2229 Blake Street LLC
Grant Deed
related
—
—
—
2229 Blake Street LLC
—
Deed Of Trust
related
$600,000 · Townsend Dev LLC
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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