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Property profile & analytics
OFF-MARKET
Estimated value
$7,065,000
Showrooms
2400 104th Ave Denver, CO 80234-3599
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US13-0433808
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1974
Total area
11,520 SF
Lot
4.58 ac (199,505 SF)
APN
R0178251
UPID
US13-0433808
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
-
Electric Vehicle Charging Station Electric Vehicle Charging Station
-
Express Service Auto Repair Shop
-
Nissan Parts Auto Parts Store
-
Alpine Nissan of Denver Parts Department Auto Parts Store
-
Alpine Nissan of Denver Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.81M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.10M
Blend (final)
Blend
$7.07M
Owner & transaction history
Lhm Dni LLC · 4 yrs held
Lhm Dni LLC
since 2022
Last sale
$7.3M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.7M
+26.4%
Auto repair, garage
$4.6M
+23.8%
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
$6,815,000
ML approach
$6,810,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$4,710,000
Change: +26% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,615,000
Change: +24% · Conversion: Difficult
Blend value · Realmo final
$7.07M
Range $6.36M – $7.77M · ±10% · vs last sale $7.30M (Jan 5 2022)
Last sale anchor
$7.30M
Jan 5 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
$613 / 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
$181,827
Tax year 2023
Assessed value
$2,067,290
Assessed 2023
Previous assessed
$1,945,220
+6.3% YoY
Effective rate
8.80%
On assessed value
Assessed land
$584,440
Assessed improvement
$1,482,850
Land market value
$2,094,750
Improvement market value
$4,067,393
Total market value
$6,162,143
Applied tax rate
167.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1974
Heating
OTHER
Cooling
OTHER
Buildings
3
Stories
1
Total area
11,520 SF
Lot
4.58 ac (199,505 SF)
APN
R0178251
UPID
US13-0433808
Jurisdiction
ADAMS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$4.7M
AUTO REPAIR, GARAGE
Est. value
$4.6M
RESTAURANT
AUTO REPAIR, GARAGE
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
1974
Heating
OTHER
Cooling
Yes
Stories
1
Buildings
3
Lot
4.58 ac
Current owner
From public records · entity-resolved
Lhm Dni LLC
Entity
Mailing address
2905 PREMIERE PKWY STE #300, DULUTH, GA 30097-5240
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2025
—
Drawe Holdings LLC
—
Deed
related
$16,500,000 · Pnc Bank NA
Jan 5, 2022
$7,300,000
Lhm Dni LLC
Miller Family Real Estate LLC
Special Warranty Deed
—
Jun 29, 2021
—
Miller Family Real Estate LLC
—
Deed
related
$100,000 · Comerica Bank
Nov 6, 2017
—
Miller Fam R & E LLC
—
Grant Deed
related
$29,648,000 · Keybank USA
Jun 28, 2017
$8,298,000
Miller Fam R & E LLC
Ri/llc Acquisition Corp
Grant Deed
—
Jun 23, 2017
$8,298,000
Miller Fam R & E LLC
Ri/llc Acquisition Corp
Grant Deed
—
Apr 27, 2010
$2,400,000
Ri Of LLC Acquisition Corp
Ruston Florence K
Grant Deed
—
Apr 27, 2010
—
Ri Of LLC Acquisition Corp
Six Jays LLC
Quit Claim Deed
related
—
Jan 14, 2008
—
Florence K Ruston
Ruston,harry H
Quit Claim Deed
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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