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Property profile & analytics
OFF-MARKET
Estimated value
$1,210,000
Office buildings
4045 Broadway Englewood, CO 80113-4694
Entity Owned
4-yr Hold
Free & Clear
Property ID
US13-0681290
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1964
Construction
CONCRETE BLOCKS
Total area
6,880 SF
Lot
0.29 ac (12,632 SF)
APN
2077-03-3-13-017
UPID
US13-0681290
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
$1.24M
Comparable Approach
Comparable
$1.35M
Blend (final)
Blend
$1.21M
Owner & transaction history
Elevation Investment Properties LLC · 4 yrs held
Elevation Investment Properties LLC
since 2022
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Englewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Englewood 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
$1,185,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,340,000
6.5%
$1,235,000
7%
$1,145,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,595,000
Current use
Blend value · Realmo final
$1.21M
Range $1.09M – $1.33M · ±10% · vs last sale $1.07M (Feb 4 2022)
Last sale anchor
$1.07M
Feb 4 2022
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
$176 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$22,515
Tax year 2021
Assessed value
$298,753
Assessed 2023
Previous assessed
$319,232
-6.4% YoY
Effective rate
7.54%
On assessed value
Land market value
$375,000
Improvement market value
$725,800
Total market value
$1,100,800
Applied tax rate
10.0000
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
1964
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
2
Bathrooms
6
Total area
6,880 SF
Lot
0.29 ac (12,632 SF)
APN
2077-03-3-13-017
UPID
US13-0681290
Jurisdiction
ARAPAHOE
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
$1.6M
OFFICE BUILDING Current
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
1964
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
2
Bathrooms
6
Lot
0.29 ac
Current owner
From public records · entity-resolved
Elevation Investment Properties LLC
Entity
Free & Clear · 4 yrs held
Mailing address
3835 E LONG AVE, CENTENNIAL, CO 80122-3526
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 14, 2022
—
Derek Marlin
—
Deed
related
$800,000 · Dennis Marlin Etal
Feb 4, 2022
$1,065,000
Elevation Investment Properties LLC
4045 Ltd Liability Co
Warranty Deed
—
Feb 4, 2022
—
Broadway Ret Collective LLC
Elevation Investment Properties LLC
Quit Claim Deed
related
—
May 1, 2017
—
4045 LLC
—
Deed
related
$160,000 · Great Wstrn Bk
Sep 5, 2008
—
Michael R Nash
Frome,g Kraig
Quit Claim Deed
related
—
—
—
4045 LLC
—
Loan Modification
related
$160,000 · Great Wstrn Bk
—
—
4045 Ltd Liabilty Co
—
Deed Of Trust
related
$10,000 · Bank Of Choice
—
—
4045 LLC
—
Deed Of Trust
related
$170,000 · Great Western Bank
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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