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Property profile & analytics
OFF-MARKET Estimated value $600,000
Retail space

3000 Alameda Ave Denver, CO 80219-2002

2,847 SF 0.57 ac lot Built 1984
Individually Owned 24-yr Hold ~ Est. High Equity
Property ID
US13-1267211
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1984
Construction WOOD
Total area 2,847 SF
Lot 0.57 ac (24,736 SF)
Zoning code E-MX-3
APN 05172-01-031-000
UPID US13-1267211
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
  • Bungalow Liquors (Bike/Boat/Book/etc) Store Wine and Liquor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$380k
CAP Approach CAP
$635k
Comparable Approach Comparable
$469k
Blend (final) Blend
$600k
Owner & transaction history
Louis K Chang · 24 yrs held
Louis K Chang
since 2001
2 recorded transactions
2001
$665,000
1969
Price N/A
Zoning & alternative use
E-MX-3 · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

E-MX-3 Mixed Use 3 E-MX-3A Mixed Use 3A E-RX-3 Residential Mixed Use 3 E-RX-5 Residential Mixed Use 5 E-MS-2 Main Street 2 E-MS-2x Main Street 2x E-MS-3 Main Street 3 E-MS-5 Main Street 5 SE CTION 4.2.2 RESIDENTIAL DISTRICTS (E-SU-A, -B, -D, -DX, -G, E-TU-B, -C, E-RH-2.5, E-MU-2.5) 4.2.2.1 General Purpose A. The intent of the Residential districts is to prom…

Zone name Urban Edge Neighborhood Context Mixed Use 3
General category MIXED_USE
Zone area 295.69 ac
Source Denver Zoning Code
Top alternative use upside
Neighborhood: shopping center $925,000 +35.2%
Commercial (general) $920,000 +34.8%
Medical building $865,000 +26.5%
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