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Property profile & analytics
OFF-MARKET
Office buildings
2850 Welton St Denver, CO 80205-3020
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US13-0249338
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1927
Construction
WOOD
Total area
1,484 SF
Lot
0.07 ac (3,140 SF)
Zoning code
C-MX-5
APN
02264-09-004-000
UPID
US13-0249338
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
-
Welton WorkSpace Coworking & Hybrid Office
-
Barking Otter Renovation LLC Construction Company General Contractor
-
The Color of Cannabis Training Center Tutoring Service
-
Jenkins Krol Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
2850 Welton Street LLC · 7 yrs held
2850 Welton Street LLC
since 2018
7 recorded transactions
Zoning & alternative use
C-MX-5 · 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
—
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
$10,022
Tax year 2023
Assessed value
$114,560
Assessed 2023
Previous assessed
$95,900
+19.5% YoY
Effective rate
8.75%
On assessed value
Assessed land
$114,280
Assessed improvement
$280
Land market value
$439,600
Improvement market value
$1,000
Total market value
$440,600
Applied tax rate
475.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1927
Construction
WOOD
Heating
FORCED AIR
Stories
1
Units
1
Rooms
6
Bathrooms
1
Total area
1,484 SF
Lot
0.07 ac (3,140 SF)
Zoning code
C-MX-5
APN
02264-09-004-000
UPID
US13-0249338
Jurisdiction
DENVER
Zoning & alternative use
C-MX-5 · Denver, CO
Zoning C-MX-5 · permitted uses
C-MX-5 · 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
1927
Construction
WOOD
Heating
FORCED AIR
Stories
1
Units
1
Rooms
6
Bathrooms
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
2850 Welton Street LLC
Entity
Mailing address
PO BOX 3053, DENVER, CO 80201-3053
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 14, 2018
$829,100
2850 Welton Street LLC
Welton Street House LLC
Warranty Deed
—
Oct 12, 2016
—
Welton Street House LLC
Saint Bernard Properties LLC
Quit Claim Deed
related
—
Aug 25, 2014
—
Saint Bernard Properties LLC
Welton Street House LLC
Quit Claim Deed
related
—
Sep 4, 2013
$198,950
Saint Bernard Properties LLC
Kelly,clare K
Warranty Deed
$150,000 · Steele Street State Bank
Sep 1, 1999
$125,000
Clare K Kelly
Beierle,monty E
Grant Deed
$101,221 · Key Bank NA
—
—
Clare K Kelly
—
Deed Of Trust
related
$60,000 · Denver City (co)
—
—
Clare K Kelly
—
Deed Of Trust
related
$94,500 · Wells Fargo Home Mortgage INC
—
—
Clare K Kelly
—
Deed Of Trust
related
$60,000 · City & County Denver
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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