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Property profile & analytics
OFF-MARKET
Estimated value
$715,000
Garden apartment buildings
3340 Glencoe St, Denver, CO 80207-2016
Individually Owned
2-yr Hold
Property ID
US13-0758487
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1961
Construction
WOOD
Total area
1,537 SF
Lot
0.14 ac (6,250 SF)
Zoning code
E-TU-B
APN
01301-13-012-000
UPID
US13-0758487
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
$715k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$715k
Owner & transaction history
Elizabeth Hernandez · 2 yrs held
Elizabeth Hernandez
since 2024
Last sale
$715,000
7 recorded transactions
Zoning & alternative use
E-TU-B · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$615,000
+68.6%
Neighborhood: shopping center
$500,000
+36.7%
Commercial (general)
$495,000
+36.3%
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
$715,000
ML approach
$715,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$615,000
Change: +69% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$500,000
Change: +37% · Conversion: Difficult
COMMERCIAL (GENERAL)
$495,000
Change: +36% · Conversion: Moderate
RETAIL STORES
$495,000
Change: +35% · Conversion: Difficult
MEDICAL BUILDING
$465,000
Change: +28% · Conversion: Moderate
Blend value · Realmo final
$715k
Range $644k – $787k · ±10% · vs last sale $715k (Jan 19 2024)
Last sale anchor
$715k
Jan 19 2024
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
$465 / 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
$2,874
Tax year 2023
Assessed value
$37,090
Assessed 2023
Previous assessed
$31,470
+17.9% YoY
Effective rate
7.75%
On assessed value
Assessed land
$8,870
Assessed improvement
$28,220
Land market value
$187,400
Improvement market value
$421,200
Total market value
$608,600
Applied tax rate
428.0000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1961
Construction
WOOD
Heating
FORCED AIR
Stories
1
Units
2
Rooms
8
Bathrooms
1
Total area
1,537 SF
Lot
0.14 ac (6,250 SF)
Zoning code
E-TU-B
APN
01301-13-012-000
UPID
US13-0758487
Jurisdiction
DENVER
Zoning & alternative use
E-TU-B · Denver, CO
Zoning E-TU-B · permitted uses
E-TU-B · 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
$615,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$500,000
COMMERCIAL (GENERAL)
Est. value
$495,000
RETAIL STORES
Est. value
$495,000
MEDICAL BUILDING
Est. value
$465,000
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
RETAIL STORES
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
1961
Construction
WOOD
Heating
FORCED AIR
Stories
1
Units
2
Rooms
8
Bathrooms
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Elizabeth Hernandez
Individual
Mailing address
3340 N GLENCOE ST, DENVER, CO 80207-2016
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Feb 6, 2025
—
Elizabeth Hernandez
—
Deed
related
$704,650 · United Wholesale Mortgage
Jan 19, 2024
$715,000
Elizabeth Hernandez
Anen LLC
Warranty Deed
—
May 1, 2023
—
Anen LLC
—
Deed
related
$127,350 · Denver Property Flip LLC
Oct 5, 2021
—
Anen LLC
Edward Paul Nicks
Special Warranty Deed
$357,500 · Finance Of America Commercial
Dec 9, 1998
—
Edward P Nicks
Nicks,edward P
Quit Claim Deed
related
$75,000 · American Loan Centers
—
—
Edward P Nicks
—
Deed Of Trust
related
$112,000 · Wells Fargo Home Mortgage INC
—
—
Edward P Nicks
—
Deed Of Trust
related
$133,250 · Chase Manhattan Mortgage Corp
—
—
Edward P Nicks
—
Deed Of Trust
related
$180,000 · Colorado Business Bank NA
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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