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Property profile & analytics
FOR SALE
Apartment buildings
252 N Lincoln St Denver, CO 80203
Entity Owned
5-yr Hold
Property ID
US13-2546295
For Sale
1 / 16
$1,195,000
252 N Lincoln St, Denver, CO 80203
View Listing →
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1895
Total area
1,840 SF
Lot
0.13 ac (5,750 SF)
Zoning code
G-MU-5
APN
05101-18-005-000
UPID
US13-2546295
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
-
Kingston & Sons Electrician's Services Electrical Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$640k
CAP Approach
CAP
$430k
Comparable Approach
Comparable
$692k
Blend (final)
Blend
$670k
Owner & transaction history
Rcg 252 Lincoln LLC · 5 yrs held
Rcg 252 Lincoln LLC
since 2021
Last sale
$675,000
7 recorded transactions
Zoning & alternative use
G-MU-5 · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$735,000
+19.5%
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
$660,000
ML approach
$640,000
CAP Approach
CAP Return
Estimation
6%
$465,000
6.5%
$430,000
7%
$400,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$615,000
Current use
AUTO REPAIR, GARAGE
$735,000
Change: +19% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$595,000
Change: -3% · Conversion: Difficult
COMMERCIAL (GENERAL)
$595,000
Change: -3% · Conversion: Moderate
RETAIL STORES
$590,000
Change: -4% · Conversion: Difficult
MEDICAL BUILDING
$560,000
Change: -9% · Conversion: Moderate
Blend value · Realmo final
$670k
Range $603k – $737k · ±10% · vs last sale $675k (Jan 5 2021)
Last sale anchor
$675k
Jan 5 2021
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
$364 / 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
$4,056
Tax year 2023
Assessed value
$52,340
Assessed 2023
Previous assessed
$45,900
+14.0% YoY
Effective rate
7.75%
On assessed value
Assessed land
$34,830
Assessed improvement
$17,510
Land market value
$574,800
Improvement market value
$261,300
Total market value
$836,100
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
For Sale
Year built
1895
Heating
FORCED AIR
Buildings
2
Stories
2
Units
5
Rooms
10
Bathrooms
5
Total area
1,840 SF
Lot
0.13 ac (5,750 SF)
Zoning code
G-MU-5
APN
05101-18-005-000
UPID
US13-2546295
Jurisdiction
DENVER
Zoning & alternative use
G-MU-5 · Denver, CO
Zoning G-MU-5 · permitted uses
G-MU-5 · 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$615,000
AUTO REPAIR, GARAGE
Est. value
$735,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$595,000
COMMERCIAL (GENERAL)
Est. value
$595,000
RETAIL STORES
Est. value
$590,000
MEDICAL BUILDING
Est. value
$560,000
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
RETAIL STORES
MEDICAL BUILDING
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
1895
Heating
FORCED AIR
Stories
2
Buildings
2
Units
5
Rooms
10
Bathrooms
5
Lot
0.13 ac
Current owner
From public records · entity-resolved
Rcg 252 Lincoln LLC
Entity
Mailing address
17 IVALOO ST STE #100, SOMERVILLE, MA 02143-3658
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 6, 2022
—
Rcg 252 Lincoln LLC
—
Deed
related
$500,000 · Rockland Trust Co
Jan 5, 2021
$675,000
Rcg 252 Lincoln LLC
Jmi Real Estate LLC
Grant Deed
—
Aug 24, 2017
$560,000
Jmi Real Estate LLC
Lincoln Robin Project LLC
Grant Deed
$382,780 · Firstbank
Feb 18, 2014
—
252 Lincoln LLC
Williams,cooper
Quit Claim Deed
related
—
Feb 18, 2014
$405,000
Lincoln Robin Project LLC
252 Lincoln LLC
Warranty Deed
—
Jun 19, 2012
$317,500
Cooper Williams
Palmer,debra J
Warranty Deed
$238,125 · Guaranty Bank
Feb 12, 2008
—
Debra J Palmer
Colorado Hsng Inv Mtg Co LLC
Grant Deed
—
Dec 26, 2007
—
Colorado Hsng Inv Mtg Co LLC
Palmer,debra J
Grant Deed
—
Dec 26, 2007
$213,300
Debra J Palmer
JR/ga Golden Properties LLC
Warranty Deed
$264,331 · Colorado Housing Investment Mtg Co
Oct 12, 2000
—
JR/ga Golden Properties LLC
Golden,jerold R & Grace A
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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