Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,400,000
Office buildings
320 Santa Fe Dr Denver, CO 80223-1132
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US13-0266132
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1983
Construction
WOOD
Total area
2,695 SF
Lot
0.06 ac (2,697 SF)
Zoning code
U-MS-3
APN
05091-11-011-000
UPID
US13-0266132
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
-
MFG Studios Film Production Television Studio
-
Guerilla Capturing Film Production Television Studio
-
Kelty Construction Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.36M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.03M
Blend (final)
Blend
$1.40M
Owner & transaction history
Third Block LLC · 2 yrs held
Third Block LLC
since 2023
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
U-MS-3 · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.1M
+36.1%
Neighborhood: shopping center
$875,000
+10.2%
Commercial (general)
$870,000
+9.9%
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
$1,340,000
ML approach
$1,360,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,080,000
Change: +36% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$875,000
Change: +10% · Conversion: Difficult
COMMERCIAL (GENERAL)
$870,000
Change: +10% · Conversion: Easy
RETAIL STORES
$865,000
Change: +9% · Conversion: Moderate
Blend value · Realmo final
$1.40M
Range $1.26M – $1.54M · ±10% · vs last sale $1.45M (Sep 20 2023)
Last sale anchor
$1.45M
Sep 20 2023
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
$519 / 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
$17,767
Tax year 2023
Assessed value
$229,290
Assessed 2023
Previous assessed
$225,440
+1.7% YoY
Effective rate
7.75%
On assessed value
Assessed land
$37,690
Assessed improvement
$191,600
Land market value
$256,200
Improvement market value
$954,500
Total market value
$1,210,700
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 buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1983
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Units
7
Total area
2,695 SF
Lot
0.06 ac (2,697 SF)
Zoning code
U-MS-3
APN
05091-11-011-000
UPID
US13-0266132
Jurisdiction
DENVER
Zoning & alternative use
U-MS-3 · Denver, CO
Zoning U-MS-3 · permitted uses
U-MS-3 · 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
AUTO REPAIR, GARAGE
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$875,000
COMMERCIAL (GENERAL)
Est. value
$870,000
RETAIL STORES
Est. value
$865,000
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
RETAIL STORES
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
1983
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
7
Lot
0.06 ac
Current owner
From public records · entity-resolved
Third Block LLC
Entity
Mailing address
4563 W 69TH AVE, WESTMINSTER, CO 80030-5701
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 20, 2023
$1,450,000
Third Block LLC
Linda Anne Petrie Bunch
Special Warranty Deed
$1,480,500 · Us Bank NA
Sep 30, 2019
$844,539
Linda A P Bunch
Highland Properties 2019 LLC
Grant Deed
—
Apr 5, 2019
$1,300,000
Bunch Linda A P
Jhk LLC
Grant Deed
$778,479 · Linda A P Bunch
Jun 13, 2017
—
Jhk LLC
—
Deed
related
$460,000 · Umb Bk
Aug 1, 2016
—
Jhk LLC
—
Deed
related
$324,000 · Umb Bk
Dec 22, 2010
$173,000
Jhk LLC
Dennis W Mauler
Warranty Deed
$138,400 · Umb Bank Colorado
—
—
Jhk LLC
—
Loan Modification
related
$324,000 · Umb Bk
—
—
Jhk LLC
—
Loan Modification
related
$460,000 · Umb Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 320 Santa Fe Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
