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Property profile & analytics
OFF-MARKET Estimated value $2,040,000
Retail space

2848 Colorado Blvd Denver, CO 80207-3016

6,446 SF 0.41 ac lot Built 1941
Entity Owned 4-yr Hold Free & Clear
Property ID
US13-2768974
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1941
Construction WOOD
Total area 6,446 SF
Lot 0.41 ac (17,800 SF)
Zoning code U-MS-3
APN 01303-24-004-000
UPID US13-2768974
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
  • AFC Urgent Care Denver City Park Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.96M
CAP Approach CAP
$1.36M
Comparable Approach Comparable
$2.30M
Blend (final) Blend
$2.04M
Owner & transaction history
Kerman Investments LLC · 4 yrs held
Kerman Investments LLC
since 2022
Last sale
$2.1M
7 recorded transactions
2022
$2.1M
2014
$1.1M
2006
$1.3M
2005
$525,000
2004
$450,000
2003
Price N/A
2001
Price N/A
Zoning & alternative use
U-MS-3 · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

U-MS-3 Main Street 3 U-MS-5 Main Street 5 SE CTION 5.2.2 RESIDENTIAL DISTRICTS (U-SU-A, -A2, -B, -B2, -C -C2, -E, -H, U-TU-B, -B2, -C, U-RH-2.5, -3A) 5.2.2.1 General Purpose A. The intent of the Residential districts is to promote and protect residential neighborhoods within the character of the Urban Neighborhood Context. These regulations allow for some mu…

Zone name Urban Neighborhood Context Main Street 3
General category MIXED_USE
Zone area 286.90 ac
Source Denver Zoning Code
Top alternative use upside
Restaurant $2.6M +27.2%
Auto repair, garage $2.6M +24.5%
Neighborhood: shopping center $2.1M +0.9%
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