Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2501 Sherman St Denver, CO 80210
    Property profile & analytics

    2501 Sherman St Denver, CO 80210

    View on Map
    • Commercial real estate
    • 0.10 lot acres
    Off-Market
    Property ID
    US13-0500470
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 2501 Sherman St

    Lot size
    0.10 lot acres
    Property type
    Commercial real estate
    APN
    5276-09-031

    Description

    This exceptional 0.1-acre commercial land parcel, located at 2501 S Sherman St, Denver, CO 80210 (APN 5276-09-031), presents a unique development opportunity. Zoned U-TU-B, this property offers unparalleled views of Harvard Gulch Park, a highly desirable location boasting nearby homes valued at close to $2 million. The vacant lot sits directly across the street from the park, providing breathtaking mountain and park vistas. The asking price is $500,000. This is an ideal site for a custom build, capitalizing on the exceptional location and stunning views. The property's convenient location in Denver County, Colorado, ensures easy access to amenities and transportation. Buyers will appreciate the potential for significant return on investment given the surrounding property values and the desirability of the neighborhood. This is a rare chance to acquire a prime piece of Denver real estate with exceptional views and development potential. Don't miss this opportunity to create a remarkable property in a highly sought-after area. Serious inquiries only.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Denver
    State
    Colorado
    Longitude
    -104.9854236
    Latitude
    39.6711435

    Comparable in this City

    • Contact for pricing

      South Broadway Land Opportunity

      0.83 acres of contiguous land for mixed-use development.
      1811-1859 S Broadway, Denver, CO 80210
      View Details
    • $2,200,000

      Land Available For Development

      1.3 acres of land with development potential in Denver.
      8300 E Iliff Ave, Denver, CO 80210
      View Details
    • Contact for pricing

      South Broadway Mixed-Use Development Land

      Prime mixed-use development opportunity in Denver's vibrant South Broadway.
      1811 Broadway, Denver, CO 80210
      View Details
    • $1,500,000

      Development Opportunity Near Denver University

      High-density zoned land near Denver University campus.
      2301 S High Ct, Denver, CO 80210
      View Details
    • $580,000
      6,250 SF

      Denver Land for Sale

      Land available in Denver, Colorado.
      2501 S High St, Denver, CO 80210
      View Details
    • Contact for pricing
      6,249 SF

      Land Near Evans Light Rail

      Land near Downtown Denver and Evans Light Rail Station.
      1845 S Broadway, Denver, CO 80210
      View Details

    Similar Nearby for Sale

    • $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

      South Broadway Mixed-Use Development Land

      Prime mixed-use development opportunity in Denver's vibrant South Broadway.
      1811 Broadway, Denver, CO 80210
      View Details
    • $1,500,000

      Development Opportunity Near Denver University

      High-density zoned land near Denver University campus.
      2301 S High Ct, Denver, CO 80210
      View Details
    • $580,000
      6,250 SF

      Denver Land for Sale

      Land available in Denver, Colorado.
      2501 S High St, Denver, CO 80210
      View Details
    • Contact for pricing
      6,249 SF

      Land Near Evans Light Rail

      Land near Downtown Denver and Evans Light Rail Station.
      1845 S Broadway, Denver, CO 80210
      View Details
    • Contact for pricing

      Denver Land Near Uptown

      Land near Uptown, Restaurant Row, and RiNo neighborhood.
      2205 Washington 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
    • $12,500 /Mo
      7,656 SF

      Former Restaurant Space Near Lightrail

      Restaurant space adjacent to apartments and near light rail station.
      14200 E Iliff Ave, Aurora, CO 80210
      View Details
    • Contact for pricing
      3,500 SF

      Industrial Space with Office

      3,500 SF industrial space with office and reception area.
      1450 W Evans Ave, Denver, CO 80210
      View Details
    • $20 SF/Yr
      7,125 SF

      7,125 SF of Versatile and Well-Appointed Office Space For Lease

      7,125 SF of Versatile and Well-Appointed Office Space For Lease
      1325 E 16th Ave, Denver, CO 80210
      View Details
    • Contact for pricing

      Conveniently Located Multi-Tenant Office Building

      Professional office building with balconies and views in central Denver.
      1776 S Jackson St, Denver, CO 80210
      View Details
    • Contact for pricing

      South Broadway Flex Space

      Creative warehouse space near South Broadway with all-inclusive lease terms.
      50 W Arizona Ave, Denver, CO 80210
      View Details
    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.
    2501 Sherman St
    Denver, CO 80210
    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
    2501 Sherman St, 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!