Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2450 University Blvd Denver, CO 80210-5480
    Back to Search
    Property profile & analytics

    2450 University Blvd, Denver, CO 80210-5480

    View on Map
    • Hotels
    • 244,326 SF
    • 1.72 lot acres
    Off-Market
    Property ID
    US13-1948965
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $24,500,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • 24 Fifty at University Park Apartments / Security Service / Construction Company
    • Perspire Sauna Studio / Gym & Fitness Center / Spa & Massage Center
    • 48-Hour Auto Hail Repair / Auto Repair Shop
    • Searchorb Marketing / Marketing & Advertising
    • Hilton Lock & Key / Locksmith

    Property Details for 2450 University Blvd

    Year built
    2015
    Construction
    CONCRETE
    Lot size
    1.72 lot acres
    Zone code
    G-RX-5
    Property type
    Hotels
    APN
    05253-08-028-000
    APU
    525308028000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 6, 2026 — Dwf Vi Atelier LLC — Deed · related —
    Oct 18, 2021 — Dwf Vi Atelier LLC — Deed · related $51.5M · Bsref Trs LLC
    Feb 13, 2018 — University Devs LLC — Grant Deed · related $87.5M · Cmtg Lender 10 LLC
    Jun 19, 2017 — University Devs LLC Public Svcs Co Of Co Quit Claim Deed · related —
    Aug 28, 2015 — University Devs LLC — Grant Deed · related $66M · Deutsche Bk Ag/ny Branch

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $31,335,000
      6.5%
      $28,925,000
      7%
      $26,860,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Denver
    State
    Colorado
    Longitude
    -104.959
    Latitude
    39.672
    CBSA code
    19740
    CBSA name
    DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $876,522
    $749,300
    $10,562,710
    $11,312,010
    -
    $7,875,000
    $109,062,900
    $116,937,900

    Comparable in this City

    • Value Estimation
      $2,240,000
      7,027 SF

      2323 Broadway

      MOTEL
      2323 Broadway, Denver, CO 80210-5006
      View Details
    • Value Estimation by Request
      2,968 SF

      1572 Broadway

      MOTEL
      1572 Broadway, Denver, CO 80210-2608
      View Details
    • Value Estimation
      $1,535,000
      275,000 SF

      2930 Warren Ave

      RECREATIONAL, ENTERTAINMENT
      2930 Warren Ave, Denver, CO 80210-4856
      View Details
    • Value Estimation
      $7,590,000
      163,111 SF

      1001 Yale Ave

      HIGH-RISE APARTMENTS
      1001 Yale Ave, Denver, CO 80210-5830
      View Details
    • Value Estimation by Request
      2,146 SF

      2335 York St

      OFFICE BUILDING
      2335 York St, Denver, CO 80210-5340
      View Details
    • Value Estimation by Request
      757 SF

      2500 York St

      RESIDENTIAL PARKING GARAGE
      2500 York St, Denver, CO 80210-5251
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      10,309 SF

      Denver Flex/Warehouse Building For Sale

      Well-maintained flex/warehouse building with office space and parking.
      1640 S Broadway, Denver, CO 80210
      View Details
    • $995,000

      Denver Office or Live/Work Space

      Office or live/work property in the Platt Park neighborhood.
      1868 S Pearl St, Denver, CO 80210
      View Details
    • Contact for pricing

      Denver Multifamily Investment Opportunity

      Turnkey, fully renovated 17-unit multifamily property near Denver University.
      2465 S Gaylord St, Denver, CO 80210
      View Details
    • $520,000
      0.14 Acres

      Rare Denver Double Lot Opportunity

      Double lot near DU campus with flexible building options.
      2501A S High St, Denver, CO 80210
      View Details
    • Contact for pricing
      1,752 SF

      Historic South Pearl Street Retail

      Retail property on historic South Pearl Street with parking.
      1455 S Pearl St, Denver, CO 80210
      View Details

    Similar Nearby for Lease

    • $17 SF/Yr
      217,247 SF

      Denver Midtown Office Space

      Prestigious Denver office building, 21 suites available.
      1120 Lincoln St, Denver, CO 80210
      View Details
    • Contact for pricing
      3,636 SF

      Retail Space For Lease

      Retail space available for lease.
      2033 Colorado Blvd, Denver, CO 80210
      View Details
    • Contact for pricing

      Retail/Restaurant Space in Luxury Building

      Retail and restaurant spaces available in luxury apartment building.
      2100 S University Blvd, Denver, CO 80210
      View Details
    • Contact for pricing
      2,088 SF

      Former Restaurant Space Available

      2,088 SF former fast-casual restaurant space for lease.
      1213 Evans Ave, Denver, CO 80210
      View Details
    • Contact for pricing
      7,034 SF

      Class A Office Space Available

      Turnkey office space with on-site management and secured parking.
      1212 Broadway, Denver, CO 80210
      View Details

    Property Visit Statistics

    • Visits by month
      7.8k
    • Visitors by month
      6.1k
    • Avg Time on site
      6 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2450 University Blvd
    Denver, CO 80210-5480
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2450 University Blvd, Denver, CO, 80210
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!