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Property profile & analytics
OFF-MARKET
Estimated value
$715,000
Garden apartment buildings
3854 Perry St Denver, CO 80212-1791
Entity Owned
~
Est. High Equity
Property ID
US13-2801746
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1957
Construction
WOOD
Total area
2,844 SF
Lot
0.22 ac (9,510 SF)
Zoning code
U-SU-B1
APN
02194-24-004-000
UPID
US13-2801746
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
by Request
CAP Approach
CAP
$665k
Comparable Approach
Comparable
$450k
Blend (final)
Blend
$715k
Owner & transaction history
1336 S Welch Circle LLC
1336 S Welch Circle LLC
since 2025
Last sale
$975,000
7 recorded transactions
Zoning & alternative use
U-SU-B1 · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.1M
+10.0%
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%
$720,000
6.5%
$665,000
7%
$615,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,035,000
Current use
AUTO REPAIR, GARAGE
$1,140,000
Change: +10% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$925,000
Change: -11% · Conversion: Difficult
COMMERCIAL (GENERAL)
$920,000
Change: -11% · Conversion: Moderate
RETAIL STORES
$915,000
Change: -12% · Conversion: Difficult
MEDICAL BUILDING
$865,000
Change: -17% · Conversion: Moderate
Blend value · Realmo final
$715k
Range $644k – $787k · ±10% · vs last sale $975k (Jul 31 2025)
Last sale anchor
$975k
Jul 31 2025
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
$251 / 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
$7,612
Tax year 2023
Assessed value
$98,240
Assessed 2023
Previous assessed
$57,490
+70.9% YoY
Effective rate
7.75%
On assessed value
Assessed land
$50,720
Assessed improvement
$47,520
Land market value
$812,000
Improvement market value
$709,300
Total market value
$1,521,300
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
1957
Construction
WOOD
Heating
FORCED AIR
Stories
1
Units
3
Rooms
10
Bathrooms
1
Total area
2,844 SF
Lot
0.22 ac (9,510 SF)
Zoning code
U-SU-B1
APN
02194-24-004-000
UPID
US13-2801746
Jurisdiction
DENVER
Zoning & alternative use
U-SU-B1 · Denver, CO
Zoning U-SU-B1 · permitted uses
U-SU-B1 · 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$925,000
COMMERCIAL (GENERAL)
Est. value
$920,000
RETAIL STORES
Est. value
$915,000
MEDICAL BUILDING
Est. value
$865,000
APARTMENT HOUSE (5+ UNITS) Current
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
1957
Construction
WOOD
Heating
FORCED AIR
Stories
1
Units
3
Rooms
10
Bathrooms
1
Lot
0.22 ac
Current owner
From public records · entity-resolved
1336 S Welch Circle LLC
Entity
Mailing address
11536 RIV RUN CT, COMMERCE CITY, CO 80640-9227
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 17, 2025
$975,000
1336 S Welch Circle LLC
The Ruddell Family Trust
Deed
related
—
Oct 31, 2025
$975,000
1336 S Welch Circle LLC
The Ruddell Family Trust
Warranty Deed
$637,000 · Firstbank
Oct 13, 2021
—
Ryan S Ruddell
Bradley W Peer
Quit Claim Deed
related
$501,600 · Sustain Mortgage LLC
Jan 15, 2021
—
Ruddell Family Trust
Kimberly N Ruddell
Quit Claim Deed
related
—
Apr 24, 2019
—
Kimberly N Ruddell
—
Deed
related
$79,200 · Zb NA
Dec 11, 2017
—
Kimberly N Ruddell
Peer,bradley W
Quit Claim Deed
related
$467,922 · American Nbrhd Mtg Accptnc
Apr 25, 2017
—
Ruddell Family Trust
Ruddell,ryan S & Kimberly
Quit Claim Deed
related
—
Dec 14, 2015
—
Ryan S Ruddell
Ryan S Ruddell
Intrafamily Transfer
related
$398,999 · American Neighborhood Mortgage Acce
Jun 11, 2006
$390,000
Ryan S Ruddell
Melody C Bell
Warranty Deed
$351,000 · Wachovia Mortgage Corp
—
—
Melody C Bell
—
Deed Of Trust
related
$25,000 · Wells Fargo Bank West NA
—
—
Ryan S Ruddell
—
Deed Of Trust
related
$367,000 · Ideal Home Loans
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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