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Property profile & analytics
OFF-MARKET
Estimated value
$1,065,000
Medical Office Space
4120 Federal Blvd Denver, CO 80211-1638
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US13-0693618
Property summary
AI-generated overview
This prime Denver, Colorado development site, located at 4120 Federal Boulevard, 80211, is offered for sale at $1,450,000. The property is zoned to allow for a variety of uses, making it an ideal investment opportunity. A 9-12 unit townhome concept plan is currently under city review. The site allows for construction up to three stories, with the possibility of a fourth story under affordable housing development guidelines. Its convenient location offers close proximity to major transportation arteries, including I-70 and 6th Avenue, providing easy access to the rest of the Denver metro area. This exceptional parcel presents a unique chance to develop a high-demand residential project in a thriving Denver neighborhood. The property is being sold by the owner. The latitude and longitude coordinates are 39.77338552, -105.02517156 respectively. This is a residential land parcel in Denver County, Colorado.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1952
Construction
WOOD
Total area
5,302 SF
Lot
0.28 ac (12,375 SF)
Zoning code
U-SU-C1
APN
02204-18-026-000
UPID
US13-0693618
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
-
Dr. Robert C. Springs, MD Pediatrician Physician
-
Christopher Stephanie E Physician
-
Federal Healthcare Medical Clinic
-
Corina Lohrman Physician
-
Dr. Tana R. Smith, MD Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.05M
CAP Approach
CAP
$1.08M
Comparable Approach
Comparable
$1.44M
Blend (final)
Blend
$1.07M
Owner & transaction history
4120 Federal LLC · 4 yrs held
4120 Federal LLC
since 2021
Last sale
$1.1M
3 recorded transactions
Zoning & alternative use
U-SU-C1 · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.7M
+6.9%
Commercial (general)
$1.7M
+6.6%
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
$1,050,000
ML approach
$1,050,000
CAP Approach
CAP Return
Estimation
6%
$1,170,000
6.5%
$1,080,000
7%
$1,005,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,610,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,720,000
Change: +7% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,715,000
Change: +7% · Conversion: Easy
OFFICE BUILDING
$1,355,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$1.07M
Range $959k – $1.17M · ±10% · vs last sale $1.08M (Aug 30 2021)
Last sale anchor
$1.08M
Aug 30 2021
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
$201 / 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
$23,327
Tax year 2023
Assessed value
$301,050
Assessed 2023
Previous assessed
$268,250
+12.2% YoY
Effective rate
7.75%
On assessed value
Assessed land
$109,400
Assessed improvement
$191,650
Land market value
$422,100
Improvement market value
$686,900
Total market value
$1,109,000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1952
Construction
WOOD
Heating
FORCED AIR
Stories
2
Units
2
Bathrooms
1
Total area
5,302 SF
Lot
0.28 ac (12,375 SF)
Zoning code
U-SU-C1
APN
02204-18-026-000
UPID
US13-0693618
Jurisdiction
DENVER
Zoning & alternative use
U-SU-C1 · Denver, CO
Zoning U-SU-C1 · permitted uses
U-SU-C1 · 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
MEDICAL BUILDING Current
Est. value
$1.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.7M
COMMERCIAL (GENERAL)
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.4M
MEDICAL BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
OFFICE 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
1952
Construction
WOOD
Heating
FORCED AIR
Stories
2
Units
2
Bathrooms
1
Lot
0.28 ac
Current owner
From public records · entity-resolved
4120 Federal LLC
Entity
Mailing address
1949 WADSWORTH BLVD STE #101, LAKEWOOD, CO 80214-5249
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 15, 2025
—
4120 Federal LLC
—
Deed
related
$665,151 · Firstbank
Aug 30, 2021
$1,075,000
4120 Federal LLC
4120 Federal Boulevard Trust
Warranty Deed
$806,250 · Firstbank
Mar 14, 2012
—
4120 Federal Boulevard Trust
Sinha,krishna K
Warranty Deed
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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