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Property profile & analytics
OFF-MARKET
Estimated value
$2,815,000
Strip malls
2986 Speer Blvd Denver, CO 80211-4253
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US13-0984502
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2005
Construction
WOOD
Total area
14,086 SF
Lot
1.29 ac (56,296 SF)
Zoning code
B-4
APN
02294-11-017-000
UPID
US13-0984502
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
-
Chase Bank Bank Loan Service
-
Chase ATM Atm
-
AutoZone Auto Parts Auto Parts Store
-
Chase Mortgage Loan Service Bank
-
Amazon Locker - Galleon Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.18M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.82M
Owner & transaction history
Autozone Parts LLC · 1 yrs held
Autozone Parts LLC
since 2025
7 recorded transactions
Zoning & alternative use
B-4 · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district promotes multiple commercial uses like banking and financial services, food sales or market etc
Zone name
Business District
General category
COMMERCIAL
Zone area
477.13 ac
Source
Realmo
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,445,000
6.5%
$3,180,000
7%
$2,950,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$4,570,000
Current use
COMMERCIAL (GENERAL)
$4,560,000
Change: 0% · Conversion: Easy
MEDICAL BUILDING
$4,275,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$2.82M
Range $2.53M – $3.10M · ±10%
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
$200 / 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
$153,319
Tax year 2023
Assessed value
$1,978,670
Assessed 2023
Previous assessed
$1,493,150
+32.5% YoY
Effective rate
7.75%
On assessed value
Assessed land
$1,326,700
Assessed improvement
$651,970
Land market value
$4,785,200
Improvement market value
$2,336,800
Total market value
$7,122,000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2005
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Units
5
Total area
14,086 SF
Lot
1.29 ac (56,296 SF)
Zoning code
B-4
APN
02294-11-017-000
UPID
US13-0984502
Jurisdiction
DENVER
Zoning & alternative use
B-4 · Denver, COZoning B-4 · permitted uses
B-4 · Denver, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district promotes multiple commercial uses like banking and financial services, food sales or market etc
Zone name
Business District
General category
COMMERCIAL
Zone area
477.13 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$4.6M
COMMERCIAL (GENERAL)
Est. value
$4.6M
MEDICAL BUILDING
Est. value
$4.3M
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2005
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
5
Lot
1.29 ac
Current owner
From public records · entity-resolved
Autozone Parts LLC
Entity
Mailing address
888 LIMESTONE DR, ERIE, CO 80516-6018
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 28, 2025
—
Autozone Parts LLC
Ab Re Holdings LLC
Deed
—
Dec 23, 2021
$7,405,100
Ab Re Holdings LLC
Lohi Plaza LLC
Special Warranty Deed
$4,813,304 · Wells Fargo Bank NA
Nov 22, 2016
—
Lohi Plaza LLC
—
Deed
related
$4,140,000 · Bellco Cu
Jun 13, 2014
$5,913,300
Lohi Plaza LLC
Marvis Partners LLC
Warranty Deed
$4,300,000 · Bellco Cu
Dec 23, 2005
—
Marvis Partners LLC
Federal Shops LLC
Trustees Deed
$3,300,000 · California Bank & Trust
Apr 26, 2005
—
Federal Shops LLC
—
Trustees Deed
related
$3,946,750 · Guaranty Bank
Jul 2, 2004
—
Eckerd Corp
Centres Speer LLC
Grant Deed
related
—
Mar 12, 2004
—
Helen M Hickisch
Sweeney,kathleen A
Quit Claim Deed
related
—
Feb 11, 1999
—
Anne Mohrman Estate
Sweeney,margaret
Quit Claim Deed
related
—
—
—
Marvis Partners LLC
—
Deed Of Trust
related
$4,000,000 · Wachovia Bank NA
—
—
Lohi Plaza LLC
—
Deed Of Trust
related
$4,140,000 · Bellco Cu
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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