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Financial
Distress signals
Property profile

2390 S Kalamath St Denver, CO 80223

FOR LEASE
Other warehouses
Property ID
US13-1044121
12,000 SF 0.43 ac lot Built 1973
Last sale Dec 2025 · $2,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a flex space commercial suite within a larger industrial/commercial real estate setting, located at 2390 S Kalamath St in Denver, Colorado. The space is identified as unit “EF,” indicating a defined suite configuration rather than an entire building. Because the listing provides limited physical details, specific suite dimensions, interior layout, and any building amenities are not specified and would need to be confirmed from the building’s management; likewise, any access and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$41k
Tax billed · 2023
Assessed value$533k
Assessed land$96k
Assessed improvement$437k
Effective rate7.75%

Value estimate

· Oct 2026
$320k
$288k – $352k
CAP approach$1.91M
Submarket $/SF estimate$1.88M
NOI build-up
Gross scheduled income$158k
Vacancy & credit loss−$13k
Operating expenses−$44k
NOI · 566,227.78% cap applied$102k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$160/SF
ZIP average, outlier-cleaned · 137 recorded sales of this use type
Observed band · Q1–Q3$115 – $209
Qualifying comparables7

Cap rate analysis

How does the asset earn?
566,227.78%
$102k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
I-A
B. I-A Light Industrial District This district is intended to be an employment area containing offices, business and light industrial use...
General categoryMIXED_USE
JurisdictionDENVER

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm24.2
Dental Office23.1
Realty agency19.8

Location

2390 S Kalamath St Denver, CO 80223
County assessor Recorded deeds · 3 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1201 Custer, Denver, CO 80223-2318 $1,400,000 Feb 2026 8,432 SF
1001 Ctr, Denver, CO 80223-2309 $705,000 Jan 2026 11,979 SF
2318 Delaware, Denver, CO 80223-4321 $1,325,000 Jan 2026 9,170 SF
1298 Alameda, Denver, CO 80223-2039 $2,595,000 Aug 2025 12,148 SF
1339 Cedar, Denver, CO 80223-1729 $3,550,000 Oct 2024 17,155 SF
455 Wesley, Denver, CO 80223-4328 $1,800,000 Oct 2024 9,990 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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