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Property profile & analytics
OFF-MARKET Estimated value $670,000
Retail space

2870 Colorado Blvd 2878 Denver, CO 80207

3,541 SF 0.17 ac lot Built 1942
Individually Owned 20-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US13-0034351
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1942
Construction WOOD
Total area 3,541 SF
Lot 0.17 ac (7,480 SF)
Zoning code U-MS-3
APN 01303-24-021-000
UPID US13-0034351
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
  • Walgreens Photo (Bike/Boat/Book/etc) Store
  • Walgreens Pharmacy Pharmacy
  • higi Physician
  • David J. Craig, RPh Pharmacy
  • Michael L. Moore, RPH Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$745k
Comparable Approach Comparable
by Request
Blend (final) Blend
$670k
Owner & transaction history
Ahmed Sherif · 20 yrs held
Ahmed Sherif
since 2006
5 recorded transactions
2006
$260,000
2004
Price N/A
1969
Price N/A
1969
Price N/A
1969
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
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