Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2746 2nd Ave Denver, CO 80219-1606

    • Garden apartment buildings
    • 1,728 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-0930538
    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.

    Current Use by Public Records

    • Garden apartment buildings

    Property Details for 2746 2nd Ave

    Year built
    1967
    Construction
    WOOD
    Lot size
    0.15 lot acres
    Property size
    1,728 SF
    Zone code
    E-RH-2.5
    Property type
    Garden apartment buildings
    APN
    05084-06-006-000
    APU
    508406006000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Denver
    State
    Colorado
    Longitude
    -105.022
    Latitude
    39.72
    CBSA code
    19740
    CBSA name
    DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,962
    $4,940
    $33,290
    $38,230
    -
    $128,800
    $496,800
    $625,600

    Comparable in this City

    • Value Estimation by Request
      2,023 SF

      3491 Exposition Ave

      GARDEN APT, COURT APT (5+ UNITS) • 2,023 SF
      3491 Exposition Ave, Denver, CO 80219-6608
      View Details
    • Value Estimation by Request
      1,544 SF

      333 Irving St

      GARDEN APT, COURT APT (5+ UNITS) • 1,544 SF
      333 Irving St, Denver, CO 80219-1427
      View Details
    • Value Estimation
      $20,090,000
      86,806 SF

      4325 Morrison Rd, Unit 4331

      GARDEN APT, COURT APT (5+ UNITS) • 86,806 SF
      4325 Morrison Rd, Denver, CO 80219
      View Details
    • Value Estimation by Request
      3,310 SF

      4306 Nevada Pl

      GARDEN APT, COURT APT (5+ UNITS) • 3,310 SF
      4306 Nevada Pl, Denver, CO 80219-2408
      View Details
    • Value Estimation by Request
      1,843 SF

      225 Knox Ct

      GARDEN APT, COURT APT (5+ UNITS) • 1,843 SF
      225 Knox Ct, Denver, CO 80219-1474
      View Details
    • Value Estimation by Request
      2,020 SF

      3631 Ohio Ave

      GARDEN APT, COURT APT (5+ UNITS) • 2,020 SF
      3631 Ohio Ave, Denver, CO 80219-3307
      View Details

    Similar Nearby for Sale

    • $1,525,000
      6,420 SF

      Denver Multifamily Investment Opportunity

      Nine-unit apartment building in Denver's Westwood submarket.
      4439 West Nevada Pl, Denver, CO 80219
      View Details
    • $1,150,000
      4,031 SF

      Renovated Apartments Near Barnum Park

      Charming, renovated apartment building near Barnum Park with updated units.
      303 Hooker St, Denver, CO 80219
      View Details
    • $1,000,000
      4,031 SF

      Lakewood Apartment Building Sold

      7-unit apartment building in Lakewood has been sold.
      303 Hooker St, Denver, CO 80219
      View Details
    • $2,100,560
      12,253 SF

      Denver Multifamily Property Sold

      18-unit multifamily property in Denver, Colorado. 12,253 square feet.
      1860 S Grove St, Denver, CO 80219
      View Details
    • $300,000

      Income-Producing Multi-Unit Investment Opportunity

      Investment opportunity in an income-producing multi-unit property.
      326 S Alcott St, Denver, CO 80219
      View Details
    • $825,000
      7,960 SF

      Denver Multifamily Property Sold

      Five-unit residential property in Denver, Colorado.
      3126 W Arizona Ave, Denver, CO 80219
      View Details

    Similar Nearby for Lease

    • $1,325 /Mo
      715 SF

      Athmar Park Apartment For Rent

      Two-bedroom apartment near restaurants, shopping, I-25, and parks.
      1080 S Eliot St, Denver, CO 80219
      View Details
    • Contact for pricing
      9,436 SF

      Cherry Creek North Retail Space

      Retail space in Denver's premier retail destination.
      2780 E 2Nd Ave, Denver, CO 80219
      View Details
    • $318 /Mo
      1,176 SF

      Denver Office Suite - Federal Blvd.

      Prime Denver Office: 1176 sq ft, move-in ready.
      633 Federal Blvd, Denver, CO 80219
      View Details
    • $18 SF/Yr
      5,428 SF

      Refurbished Office Space For Rent

      Centrally located, refurbished office space with a large conference room.
      300 Bryant St, Denver, CO 80219
      View Details
    • Contact for pricing
      7,800 SF

      Retail Space Near Whole Foods

      New retail space available in Central Park, Denver.
      3999 W Center Ave, Denver, CO 80219
      View Details
    • Contact for pricing
      12,911 SF

      Retail Space on Federal Blvd

      Retail space with high visibility and foot traffic.
      1320-1340 S Federal Blvd, Denver, CO 80219
      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.
    2746 2nd Ave
    Denver, CO 80219-1606
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.