Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$8,770,000
Warehouses
260 Rio Grande Blvd Denver, CO 80223-1414
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US13-0688325
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1951
Construction
WOOD
Total area
114,928 SF
Lot
2.76 ac (120,008 SF)
Zoning code
I-A
APN
05091-00-029-000
UPID
US13-0688325
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.77M
Owner & transaction history
1400 W 3rd Avenue Partners LLC · 12 yrs held
1400 W 3rd Avenue Partners LLC
since 2014
5 recorded transactions
Zoning & alternative use
I-A · 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
$76 / 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
$210,217
Tax year 2023
Assessed value
$2,712,970
Assessed 2023
Previous assessed
$2,491,710
+8.9% YoY
Effective rate
7.75%
On assessed value
Assessed land
$1,498,340
Assessed improvement
$1,214,630
Land market value
$5,400,400
Improvement market value
$4,353,500
Total market value
$9,753,900
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
1951
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Stories
2
Units
1
Total area
114,928 SF
Lot
2.76 ac (120,008 SF)
Zoning code
I-A
APN
05091-00-029-000
UPID
US13-0688325
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.
Building & site characteristics
From public records
Year built
1951
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Units
1
Lot
2.76 ac
Current owner
From public records · entity-resolved
1400 W 3rd Avenue Partners LLC
Entity
Mailing address
1440 BLAKE ST STE #320, DENVER, CO 80202-1489
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 11, 2021
—
1400 W 3rd Avenue Partners LLC
—
Deed
related
$4,750,000 · Ameritas Life Insurance Corp
May 2, 2014
$5,925,000
1400 W 3rd Avenue Partners LLC
Richard A Kimball Props LLC
Warranty Deed
$3,650,000 · American Equity Inv Life Ins
Jan 24, 2011
—
Richard A Kimball Props LLC
—
Deed Of Trust
related
$7,000,000 · Zions First National Bank
Jan 12, 2006
—
Richard A Kimball Props LLC
Boyd Investment
Warranty Deed
$6,607,000 · Zions First National Bank
—
—
Richard A Kimball Props LLC
—
Deed Of Trust
related
$4,000,000 · Zions First National Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 260 Rio Grande Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
