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Property profile & analytics
OFF-MARKET
Estimated value
$10,665,000
Medical Office Space
2535 Downing St 1 Denver, CO 80210-5847
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US13-1319900
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1992
Construction
CONCRETE
Total area
100,539 SF
Zoning code
CMP
APN
05264-00-033-000
UPID
US13-1319900
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
-
AdventHealth Porter Medical Clinic
-
Colorado Comprehensive Spine Institute Medical Clinic
-
Peak Aesthetics Medical Clinic Skin Care Clinic
-
Mandeep Bhamra Physician
-
Johnson, Derek R, Md Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.67M
Owner & transaction history
Sp III Denver-porter LLC · 6 yrs held
Sp III Denver-porter LLC
since 2019
2 recorded transactions
Zoning & alternative use
CMP · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$106 / 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
$215,981
Tax year 2023
Assessed value
$2,787,350
Assessed 2023
Previous assessed
$2,742,100
+1.7% YoY
Effective rate
7.75%
On assessed value
Assessed improvement
$2,787,350
Improvement market value
$10,020,500
Total market value
$10,020,500
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1992
Construction
CONCRETE
Heating
FORCED AIR
Cooling
CENTRAL
Stories
6
Units
2
Total area
100,539 SF
Zoning code
CMP
APN
05264-00-033-000
UPID
US13-1319900
Jurisdiction
DENVER
Zoning & alternative use
CMP · Denver, CO
Zoning CMP · permitted uses
CMP · 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.
Building & site characteristics
From public records
Year built
1992
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
6
Units
2
Current owner
From public records · entity-resolved
Sp III Denver-porter LLC
Entity
Mailing address
3310 W END AVE STE #700, NASHVILLE, TN 37203-1097
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 18, 2019
—
Sp III Denver-porter LLC
—
Loan Modification
related
$24,682,000 · Fifth Third Bk
—
—
Sp III Denver-porter LLC
—
Deed Of Trust
related
$20,882,000 · Mb Fin'l Bk
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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