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Property profile & analytics
OFF-MARKET
Estimated value
$1,560,000
Retail space
3425 Oleander Ct Denver, CO 80224-2906
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US13-2811979
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1972
Construction
STEEL FRAME
Total area
13,048 SF
Lot
0.43 ac (18,700 SF)
Zoning code
B-3
APN
06324-00-093-000
UPID
US13-2811979
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
-
Nature Thai Therapy LLC Alternative Medicine Practice Spa & Massage Center
-
Prana Family Team Real Estate Agency
-
Okinawa Dojo by Karate Bros Sports School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.56M
Owner & transaction history
Oleander Square LLC · 8 yrs held
Oleander Square LLC
since 2018
7 recorded transactions
Zoning & alternative use
B-3 · 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
459.83 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$120 / 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
$28,481
Tax year 2023
Assessed value
$367,560
Assessed 2023
Previous assessed
$353,050
+4.1% YoY
Effective rate
7.75%
On assessed value
Assessed land
$148,150
Assessed improvement
$219,410
Land market value
$561,000
Improvement market value
$786,400
Total market value
$1,347,400
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1972
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Units
2
Total area
13,048 SF
Lot
0.43 ac (18,700 SF)
Zoning code
B-3
APN
06324-00-093-000
UPID
US13-2811979
Jurisdiction
DENVER
Zoning & alternative use
B-3 · Denver, COZoning B-3 · permitted uses
B-3 · 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
459.83 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1972
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
2
Lot
0.43 ac
Current owner
From public records · entity-resolved
Oleander Square LLC
Entity
Mailing address
3425 S OLEANDER CT, DENVER, CO 80224-2906
Ownership since
2018
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
Feb 1, 2018
$802,000
Oleander Square LLC
Carlson,d H
Grant Deed
$792,400 · Bank Of The West
Apr 19, 2017
—
D H Carlson
—
Deed
related
$500,000 · Redstone Bk
Mar 8, 2017
$620,000
D H Carlson
Deputy Public Te Of Denver Cnty|lind,stacy D
Trustees Deed
related
—
Feb 27, 2017
$550,100
Stacy D Lind
Deputy Public Te Of Denver Cnty
Certificate Of Purchase
$659,097
Jul 22, 2005
$850,000
Stacy D Lind
Tsai,peiyee C & Gene G
Warranty Deed
$680,000 · Horizons Banks NA
Feb 4, 2005
—
Gene G Tsai
Tsai,gene G & Peiyee C
Quit Claim Deed
related
—
May 25, 2000
$490,000
Gene G Tsai
Chang,chi Y & Chuan C
Grant Deed
$367,500 · Vectra Bank Colorado NA
—
—
Stacy D Lind
—
Deed Of Trust
related
$510,000 · Pacific Continental Bank
—
—
Stacy D Lind
—
Deed Of Trust
related
$659,097 · Firstbank Arapahoe
—
—
D H Carlson
—
Deed Of Trust
related
$500,000 · Redstone 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.
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