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Property profile & analytics
OFF-MARKET
Estimated value
$1,385,000
Warehouses
2550 2nd Ave 106 Denver, CO 80219-1656
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US13-1186979
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1968
Construction
STEEL FRAME
Total area
6,850 SF
Lot
0.32 ac (14,087 SF)
Zoning code
I-A
APN
05084-09-040-040
UPID
US13-1186979
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
-
Contact Sales Building Supply Hardware & Home Improvement
-
Grassroots California Fashion Accessories Store Hat Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.38M
CAP Approach
CAP
$1.09M
Comparable Approach
Comparable
$847k
Blend (final)
Blend
$1.39M
Owner & transaction history
Twin T LLC · 5 yrs held
Twin T LLC
since 2021
Last sale
$1.4M
3 recorded transactions
Zoning & alternative use
I-A · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.2M
+102.1%
Commercial (general)
$2.2M
+101.5%
Medical building
$2.1M
+89.0%
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
$1,360,000
ML approach
$1,375,000
CAP Approach
CAP Return
Estimation
6%
$1,180,000
6.5%
$1,090,000
7%
$1,010,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,100,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,225,000
Change: +102% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,215,000
Change: +102% · Conversion: Difficult
MEDICAL BUILDING
$2,080,000
Change: +89% · Conversion: Difficult
OFFICE BUILDING
$1,755,000
Change: +59% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,650,000
Change: +50% · Conversion: Difficult
Blend value · Realmo final
$1.39M
Range $1.25M – $1.52M · ±10% · vs last sale $1.40M (Jan 19 2021)
Last sale anchor
$1.40M
Jan 19 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
$202 / 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
$16,139
Tax year 2023
Assessed value
$208,280
Assessed 2023
Previous assessed
$198,650
+4.8% YoY
Effective rate
7.75%
On assessed value
Assessed land
$109,540
Assessed improvement
$98,740
Land market value
$422,600
Improvement market value
$353,900
Total market value
$776,500
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1968
Construction
STEEL FRAME
Heating
YES
Cooling
CENTRAL
Stories
1
Units
8
Total area
6,850 SF
Lot
0.32 ac (14,087 SF)
Zoning code
I-A
APN
05084-09-040-040
UPID
US13-1186979
Jurisdiction
DENVER
Zoning & alternative use
I-A · Denver, CO
Zoning I-A · permitted uses
I-A · 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
WAREHOUSE, STORAGE Current
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.2M
COMMERCIAL (GENERAL)
Est. value
$2.2M
MEDICAL BUILDING
Est. value
$2.1M
OFFICE BUILDING
Est. value
$1.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.7M
WAREHOUSE, STORAGE Current
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
MEDICAL BUILDING
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
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
1968
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
8
Lot
0.32 ac
Current owner
From public records · entity-resolved
Twin T LLC
Entity
Mailing address
210 SAINT PAUL ST APT #307, DENVER, CO 80206-5218
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 19, 2021
$1,400,000
Twin T LLC
Price Family Enterprise Lllp
Special Warranty Deed
$1,050,000 · Firstbank
Jul 30, 2013
$850,000
Price Family Ent Lllp
Bryant Street Center LLC
Grant Deed
—
—
—
Bryant Street Center LLC
—
Deed Of Trust
related
$150,000 · Summit Bank & Trust
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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