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Property profile & analytics
OFF-MARKET
Estimated value
$6,500,000
Office buildings
3910 Teller St Denver, CO 80235
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US13-1255183
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1982
Construction
STEEL FRAME
Total area
34,304 SF
Lot
6.11 ac (266,332 SF)
APN
59-024-01-013
UPID
US13-1255183
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
$6.50M
CAP Approach
CAP
$8.25M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.50M
Owner & transaction history
The Denver Christian Schools · 1 yrs held
The Denver Christian Schools
since 2024
Last sale
$6.5M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$10.7M
+21.5%
Medical building
$10.4M
+18.7%
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
$6,500,000
ML approach
$6,500,000
CAP Approach
CAP Return
Estimation
6%
$8,935,000
6.5%
$8,250,000
7%
$7,660,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$8,780,000
Current use
APARTMENT HOUSE (5+ UNITS)
$10,665,000
Change: +21% · Conversion: Easy
MEDICAL BUILDING
$10,415,000
Change: +19% · Conversion: Easy
Blend value · Realmo final
$6.50M
Range $5.85M – $7.15M · ±10% · vs last sale $6.50M (Dec 18 2024)
Last sale anchor
$6.50M
Dec 18 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
$189 / 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
$91,171
Tax year 2023
Assessed value
$1,010,928
Assessed 2023
Previous assessed
$1,010,928
+0.0% YoY
Effective rate
9.02%
On assessed value
Assessed land
$631,606
Assessed improvement
$379,322
Land market value
$2,263,822
Improvement market value
$1,389,578
Total market value
$3,653,400
Applied tax rate
7,022.0000
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
1982
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Stories
2
Total area
34,304 SF
Lot
6.11 ac (266,332 SF)
APN
59-024-01-013
UPID
US13-1255183
Jurisdiction
JEFFERSON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$8.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$10.7M
MEDICAL BUILDING
Est. value
$10.4M
OFFICE BUILDING Current
APARTMENT HOUSE (5+ UNITS)
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
1982
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
2
Lot
6.11 ac
Current owner
From public records · entity-resolved
The Denver Christian Schools
Individual
Mailing address
3900 S TELLER ST, LAKEWOOD, CO 80235-2213
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 18, 2024
$6,500,000
The Denver Christian Schools
Shoshone Building Partnership
Special Warranty Deed
$4,500,000 · Anb Bank
May 18, 2020
—
Addenbrooke Classical Academy
—
Deed
related
—
May 8, 2020
—
Addenbrooke Classical Academy
—
Deed
related
$25,285,000 · Umb Bk
Feb 20, 2019
$500,000
Addenbrooke Classical Academy
Shoshone Building Ptshp
Grant Deed
—
Dec 4, 2018
—
Shoshone Building Partnership
—
Deed
related
$2,885,013 · Zb NA
Nov 2, 2018
—
Shoshone Building Partnership
—
Deed
related
$2,885,013 · Zb NA
Apr 17, 2017
—
Shoshone Building Partnership
—
Deed
related
$3,000,000 · Colorado Business Bank
Nov 15, 2016
—
Shoshone Building Partnership
—
Deed
related
$10,000,000 · Colorado Business Bank
Sep 15, 2016
$11,500,000
Addenbrooke Classical Academy
Lex Lakewood Parcel LP
Grant Deed
$18,045,000 · Colorado Educational & Cultura
—
—
Shoshone Building Ptshp
—
Deed Of Trust
related
$3,725,000 · Commerce Bk
—
—
Addenbrooke Classical Academy
—
Deed Of Trust
related
$25,285,000 · Umb Bk
—
—
Addenbrooke Classical Academy
—
Loan Modification
related
—
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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