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Property profile & analytics
OFF-MARKET
Estimated value
$8,170,000
Office buildings
3501 Blake St Denver, CO 80205-4888
Entity Owned
Free & Clear
Property ID
US13-2150554
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2019
Construction
STEEL FRAME
Total area
39,936 SF
Lot
0.58 ac (25,427 SF)
Zoning code
C-MX-8
APN
02271-15-024-000
UPID
US13-2150554
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
-
3501 Blake Corporate Office
-
The Blake Denver Hair Salon
-
Thrive Collaborative Occupational Therapist Speech Pathologist
-
REVEL Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$9.60M
Comparable Approach
Comparable
$5.80M
Blend (final)
Blend
$8.17M
Owner & transaction history
BLAKE STREET MINE LLC
BLAKE STREET MINE LLC
Zoning & alternative use
C-MX-8 · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$13.0M
+6.3%
Commercial (general)
$12.9M
+6.0%
Retail stores
$12.8M
+5.3%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$10,405,000
6.5%
$9,600,000
7%
$8,915,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$12,195,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$12,960,000
Change: +6% · Conversion: Difficult
COMMERCIAL (GENERAL)
$12,925,000
Change: +6% · Conversion: Easy
RETAIL STORES
$12,845,000
Change: +5% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$12,175,000
Change: 0% · Conversion: Easy
Blend value · Realmo final
$8.17M
Range $7.35M – $8.99M · ±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
$205 / 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
$359,538
Tax year 2023
Assessed value
$4,412,270
Assessed 2023
Previous assessed
$3,567,010
+23.7% YoY
Effective rate
8.15%
On assessed value
Assessed land
$1,942,510
Assessed improvement
$2,469,760
Land market value
$6,992,400
Improvement market value
$8,852,200
Total market value
$15,844,600
Applied tax rate
474.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2019
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
3
Units
9
Total area
39,936 SF
Lot
0.58 ac (25,427 SF)
Zoning code
C-MX-8
APN
02271-15-024-000
UPID
US13-2150554
Jurisdiction
DENVER
Zoning & alternative use
C-MX-8 · Denver, CO
Zoning C-MX-8 · permitted uses
C-MX-8 · 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 Current
Est. value
$12.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$13.0M
COMMERCIAL (GENERAL)
Est. value
$12.9M
RETAIL STORES
Est. value
$12.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$12.2M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
2019
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
3
Units
9
Lot
0.58 ac
Current owner
From public records · entity-resolved
BLAKE STREET MINE LLC
Entity
Free & Clear · 0 yrs held
Mailing address
3501 BLAKE ST STE #210, DENVER, CO 80205-4889
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
No recorded transactions
No recorded transactions found for this property.
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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