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    Property profile & analytics

    366 Broadway Denver, CO 80203-3921

    • Drive through restaurants
    • 3,864 SF
    • 0.65 lot acres
    OFF-MARKET
    Value Estimations
    $470,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-0646844
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Dunkin' / Takeout Restaurant / Bagel Shop
    • KFC / Chicken Restaurant / Restaurant

    Property Details for 366 Broadway

    Year built
    2001
    Construction
    WOOD
    Lot size
    0.65 lot acres
    Property size
    3,864 SF
    Zone code
    G-MS-5
    Property type
    Drive through restaurants
    APN
    05101-08-036-000
    APU
    510108036000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $455,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $653,000
      Market price range: $126k - $654k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Denver
    State
    Colorado
    Longitude
    -104.987
    Latitude
    39.7221
    CBSA code
    19740
    CBSA name
    DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $59,477
    $703,390
    $64,200
    $767,590
    -
    $2,551,100
    $230,100
    $2,781,200

    Comparable in this City

    • Value Estimation
      $430,000
      3,922 SF

      505 Colfax Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,922 SF
      505 Colfax Ave, Denver, CO 80203-2017
      View Details
    • Value Estimation
      $405,000
      3,478 SF

      600 Sherman St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,478 SF
      600 Sherman St, Denver, CO 80203
      View Details
    • Value Estimation
      $2,020,000
      4,642 SF

      1085 Broadway

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,642 SF
      1085 Broadway, Denver, CO 80203-2707
      View Details
    • Value Estimation
      $1,010,000
      1,378 SF

      472 Broadway

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,378 SF
      472 Broadway, Denver, CO 80203-3404
      View Details
    • Value Estimation
      $360,000
      1,920 SF

      568 Washington St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,920 SF
      568 Washington St, Denver, CO 80203-3812
      View Details
    • Value Estimation
      $380,000
      2,254 SF

      1280 Grant St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,254 SF
      1280 Grant St, Denver, CO 80203-5405
      View Details

    Similar Nearby for Sale

    • $2,895,000
      5,985 SF

      1278 Pennsylvania St

      Individual retail properties • 5,985 SF
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    • $100,000

      Established Denver Café for Sale

      Turnkey coffee and boba café in a desirable Denver location.
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      Uptown Deeded Parking Space

      Private, secure parking space in Uptown, Denver. Investment opportunity.
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      Turnkey Nail Salon in Denver

      Fully equipped nail salon with parking in Capitol Hill/Highlands.
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    • $1,365,000
      1,378 SF

      Denver Retail Property For Sale

      Prime retail property in Denver with excellent street visibility.
      472 N Broadway, Denver, CO 80203
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    • $4,800,000
      14,295 SF

      New Retail/Office Space For Sale

      Newly constructed retail or office space with customization options.
      538 E 17Th Ave, Denver, CO 80203
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    Similar Nearby for Lease

    • $27 SF/Yr
      2,188 SF

      Prime Corner Lot Restaurant Space

      Restaurant/bar space on a highly trafficked corner lot.
      100-104 Broadway, Denver, CO 80203
      View Details
    • Contact for pricing
      4,000 SF

      Restaurant Space with Large Patio

      Fully built-out restaurant space with a large heated patio.
      444 E 19Th Ave, Denver, CO 80203
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    • $27 SF/Yr
      49,524 SF

      Prime Corner Lot Restaurant Space

      Restaurant/bar space available on a high-traffic corner lot.
      104 N Broadway, Denver, CO 80203
      View Details
    • $33 SF/Yr
      10,370 SF

      Retail Space in Capitol Hill/Uptown

      Retail spaces available in a mixed-use Denver property.
      1350 N Grant St, Denver, CO 80203
      View Details
    • Contact for pricing
      2,803 SF

      Retail Space on Broadway, Denver

      Retail property available for lease in Denver, Colorado.
      555 Broadway, Denver, CO 80203
      View Details
    • $2,830,000
      2,548 SF

      Retail Space in Uptown Denver

      Retail space with excellent visibility and patio in Uptown.
      1717 Washington St, Denver, CO 80203
      View Details
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    366 Broadway
    Denver, CO 80203-3921
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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