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Property profile & analytics
OFF-MARKET
Estimated value
$1,215,000
Office Spaces
2900 Welton St Ste 200 Denver, CO 80205-3010
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US13-1178888
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1975
Construction
WOOD
Total area
10,989 SF
Lot
0.16 ac (6,878 SF)
Zoning code
C-MX-5
APN
02264-03-038-038
UPID
US13-1178888
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
$1.26M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$996k
Blend (final)
Blend
$1.22M
Owner & transaction history
Welton Realty LLC · 3 yrs held
Welton Realty LLC
since 2022
Last sale
$1.4M
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
Method
Estimation
Statistic approach
$1,035,000
ML approach
$1,255,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.22M
Range $1.09M – $1.34M · ±10% · vs last sale $1.40M (Sep 16 2022)
Last sale anchor
$1.40M
Sep 16 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$111 / 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
$19,446
Tax year 2023
Assessed value
$758,120
Assessed 2023
Previous assessed
$756,880
+0.2% YoY
Effective rate
2.57%
On assessed value
Assessed land
$260,360
Assessed improvement
$497,760
Land market value
$963,200
Improvement market value
$1,784,100
Total market value
$2,747,300
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 Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1975
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
5
Total area
10,989 SF
Lot
0.16 ac (6,878 SF)
Zoning code
C-MX-5
APN
02264-03-038-038
UPID
US13-1178888
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
1975
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
5
Lot
0.16 ac
Current owner
From public records · entity-resolved
Welton Realty LLC
Entity
Mailing address
2900 WELTON ST STE #250, DENVER, CO 80205-3010
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 16, 2022
$1,400,000
Welton Realty LLC
Kuvo LLC
Special Warranty Deed
$2,723,302 · First Citizens Bank & Trust Co
Oct 31, 2018
—
Cmc Qalicb LLC
School District No1 In The Cit
Grant Deed
related
—
Jul 21, 2014
—
Kuvo LLC
Broadcasting Network INC
Grant Deed
—
Jul 1, 2014
—
Rocky Mtn Public Broadcasting
Kuvo Of Denver Educational Broadc
Grant Deed
—
Jun 6, 2007
—
Kuvo Of Denver Educational Broadc
Five Pts Media Center Holdings
Grant Deed
related
—
—
—
Rockmountain Publc Media INC
—
Deed Of Trust
related
$3,400,000 · Miscellaneous Govt Agcy
—
—
Rocky Mtn Public Media INC
—
Deed Of Trust
related
$3,400,000 · Miscellaneous Govt Agcy
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.
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