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Property profile & analytics
OFF-MARKET
Estimated value
$825,000
Garden apartment buildings
3090 Decatur St Denver, CO 80236-2709
Individually Owned
~
Est. High Equity
Property ID
US13-0962254
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1940
Construction
WOOD
Total area
4,600 SF
Lot
1.37 ac (59,500 SF)
Zoning code
S-SU-F1
APN
05321-13-034-000
UPID
US13-0962254
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
by Request
CAP Approach
CAP
$1.08M
Comparable Approach
Comparable
$533k
Blend (final)
Blend
$825k
Owner & transaction history
Daniel J Ridgeway
Daniel J Ridgeway
7 recorded transactions
Zoning & alternative use
S-SU-F1 · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,165,000
6.5%
$1,075,000
7%
$1,000,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,175,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$825k
Range $743k – $908k · ±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
$179 / 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
$6,191
Tax year 2023
Assessed value
$86,600
Assessed 2023
Previous assessed
$55,270
+56.7% YoY
Effective rate
7.15%
On assessed value
Assessed land
$41,190
Assessed improvement
$45,410
Land market value
$669,800
Improvement market value
$677,800
Total market value
$1,347,600
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1940
Construction
WOOD
Heating
FORCED AIR
Stories
2
Units
4
Rooms
16
Bathrooms
1
Total area
4,600 SF
Lot
1.37 ac (59,500 SF)
Zoning code
S-SU-F1
APN
05321-13-034-000
UPID
US13-0962254
Jurisdiction
DENVER
Zoning & alternative use
S-SU-F1 · Denver, CO
Zoning S-SU-F1 · permitted uses
S-SU-F1 · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$1.2M
OFFICE 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
1940
Construction
WOOD
Heating
FORCED AIR
Stories
2
Units
4
Rooms
16
Bathrooms
1
Lot
1.37 ac
Current owner
From public records · entity-resolved
Daniel J Ridgeway
Individual
Mailing address
3090 S DECATUR ST, DENVER, CO 80236-2709
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
—
—
Daniel J Ridgeway
—
Deed Of Trust
related
$20,000 · Diakonia Cu
—
—
Daniel J Ridgeway
—
Deed Of Trust
related
$200,000 · Diakonia Cu
—
—
Daniel J Ridgeway
—
Deed Of Trust
related
$10,000 · Fred A JR Pollack
—
—
Daniel J Ridgeway
—
Deed Of Trust
related
$252,500 · Phh Mortgage Services Corp
—
—
Daniel J Ridgeway
—
Deed Of Trust
related
$120,000 · Diakonia Cu
—
—
Daniel J Ridgeway
—
Deed Of Trust
related
$165,381 · Diakonia Cu
—
—
Daniel J Ridgeway
—
Deed Of Trust
related
$297,958 · Phh Us Mortgage
—
—
Daniel J Ridgeway
—
Deed Of Trust
related
$200,000 · Usaa Fsb
—
—
Daniel J Ridgeway
—
Deed Of Trust
related
$140,000 · Diakonia Cu
—
—
Daniel J Ridgeway
—
Deed Of Trust
related
$301,568 · Phh Us Mortgage
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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