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Property profile & analytics
FOR SALE
Office buildings
2245 Curtis St Denver, CO 80205
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US13-0251482
For Sale
1 / 49
$2,850,000
2245 Curtis St, Denver, CO 80205
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1962
Construction
STEEL FRAME
Total area
11,287 SF
Lot
0.22 ac (9,401 SF)
Zoning code
D-AS-12+
APN
02342-24-025-000
UPID
US13-0251482
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
-
The General Store Department Store Grocery & Convenience Store
-
Path21 Architecture Architect
-
Apprentice of Peace Youth Organization Child Welfare Organization Charitable Organization
-
Kaufman Hagan Real Estate Agency
-
Kaufman Hagan Commercial Real Estate Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.07M
CAP Approach
CAP
$2.72M
Comparable Approach
Comparable
$2.83M
Blend (final)
Blend
$2.76M
Owner & transaction history
2245 Curtis Street LLC · 4 yrs held
2245 Curtis Street LLC
since 2022
Last sale
$2.7M
7 recorded transactions
Zoning & alternative use
D-AS-12+ · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$4.5M
+31.2%
Neighborhood: shopping center
$3.7M
+6.3%
Commercial (general)
$3.7M
+6.0%
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
$3,210,000
ML approach
$3,065,000
CAP Approach
CAP Return
Estimation
6%
$2,940,000
6.5%
$2,715,000
7%
$2,520,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,445,000
Current use
AUTO REPAIR, GARAGE
$4,520,000
Change: +31% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,665,000
Change: +6% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,655,000
Change: +6% · Conversion: Easy
RETAIL STORES
$3,630,000
Change: +5% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$3,440,000
Change: 0% · Conversion: Easy
Blend value · Realmo final
$2.76M
Range $2.48M – $3.03M · ±10% · vs last sale $2.74M (Jan 6 2022)
Last sale anchor
$2.74M
Jan 6 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
$244 / 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
$53,782
Tax year 2023
Assessed value
$694,090
Assessed 2023
Previous assessed
$577,600
+20.2% YoY
Effective rate
7.75%
On assessed value
Assessed land
$647,360
Assessed improvement
$46,730
Land market value
$2,350,300
Improvement market value
$167,500
Total market value
$2,517,800
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
For Sale
Year built
1962
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
CENTRAL
Stories
1
Units
2
Total area
11,287 SF
Lot
0.22 ac (9,401 SF)
Zoning code
D-AS-12+
APN
02342-24-025-000
UPID
US13-0251482
Jurisdiction
DENVER
Zoning & alternative use
D-AS-12+ · Denver, CO
Zoning D-AS-12+ · permitted uses
D-AS-12+ · 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
$3.4M
AUTO REPAIR, GARAGE
Est. value
$4.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.7M
COMMERCIAL (GENERAL)
Est. value
$3.7M
RETAIL STORES
Est. value
$3.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.4M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
RETAIL STORES
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
1962
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
Yes
Stories
1
Units
2
Lot
0.22 ac
Current owner
From public records · entity-resolved
2245 Curtis Street LLC
Entity
Mailing address
2245 CURTIS ST STE #100, DENVER, CO 80205-2661
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2022
—
2245 Curts Street LLC
—
Deed
related
$415,000 · Firstbank
Jan 6, 2022
—
2245 Curtis Street LLC
Amen Corner LLC
Quit Claim Deed
related
—
Dec 2, 2021
$2,737,500
Amen Corner LLC
Curtis Street Partners LLC
Warranty Deed
$2,170,000 · Firstbank
Dec 27, 2018
—
Curtis Street Partners LLC
—
Deed
related
$1,430,000 · Bank Of The West
May 20, 2014
$800,000
Curtis Street Partners LLC
2245 Curtis LLC
Special Warranty Deed
$1,247,000 · Colorado Business Bank
Apr 30, 2008
—
Mark W Neu
Neu,mark W & Donna L
Quit Claim Deed
—
Jan 10, 2001
$442,500
Mark W Neu
Blecker LLC
Grant Deed
$325,000 · Metropolitan Mortgage Co
—
—
Curtis Street Partners LLC
—
Deed Of Trust
related
$1,430,000 · 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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