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Property profile & analytics
OFF-MARKET
Estimated value
$1,255,000
Retail space
422 Broadway Denver, CO 80203-3404
Individually Owned
~
Est. High Equity
Property ID
US13-0867607
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1970
Construction
WOOD
Total area
8,723 SF
Lot
0.29 ac (12,500 SF)
Zoning code
C-MS-8
APN
05101-07-020-000
UPID
US13-0867607
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
-
Kristin Vergo Counseling, LLC Marriage Or Relationship Counselor
-
Megan Rogers, Integrative Psychotherapy + Wellness Coaching Counselor Psychotherapist
-
Continental Divide Management Property Management Company
-
Holly Nicole Healing Training Center Tutoring Service
-
Raven Readings & Coaching, LLC Spiritual Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.26M
Owner & transaction history
Laleh Khalil
Laleh Khalil
since 2025
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
C-MS-8 · Denver, CO
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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$144 / 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
$39,871
Tax year 2023
Assessed value
$514,560
Assessed 2023
Previous assessed
$415,510
+23.8% YoY
Effective rate
7.75%
On assessed value
Assessed land
$305,510
Assessed improvement
$209,050
Land market value
$1,125,000
Improvement market value
$749,300
Total market value
$1,874,300
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1970
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Stories
2
Total area
8,723 SF
Lot
0.29 ac (12,500 SF)
Zoning code
C-MS-8
APN
05101-07-020-000
UPID
US13-0867607
Jurisdiction
DENVER
Zoning & alternative use
C-MS-8 · Denver, CO
Zoning C-MS-8 · permitted uses
C-MS-8 · 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.
Building & site characteristics
From public records
Year built
1970
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Lot
0.29 ac
Current owner
From public records · entity-resolved
Laleh Khalil
Individual
Mailing address
5200 S UNIVERSITY BLVD, GREENWOOD VILLAGE, CO 80121-1605
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
Sep 9, 2025
$1,175,000
Laleh Khalil
The Robert C And Ellen J Gilmour Tr
Warranty Deed
—
Feb 26, 2021
—
Laleh Trust
Khalil A Laleh
Intrafamily Transfer
related
—
Oct 25, 2019
—
Laleh Khalil
—
Deed
related
$946,000 · Corefirst Bk&tr
Oct 9, 2015
—
Laleh Khalil
420 Broadway INC
Quit Claim Deed
related
$700,000 · Solera National Bank
May 13, 2014
—
420 Broadway INC
Laleh,khalil A
Quit Claim Deed
related
—
Jan 8, 2014
—
Khalil A Laleh
—
Trustees Deed
related
$47,500 · Kissinger & Fellman PC
Jun 3, 2011
—
Laleh Khalil
—
Trustees Deed
related
$50,000 · Offen Petroleum INC
Mar 11, 2007
—
Khalil A Laleh
Laleh,sandra J
Quit Claim Deed
$600,000 · Firstbank Of Denver NA
Dec 4, 2006
—
Khalil A Laleh
Laleh,sandy J
Quit Claim Deed
—
—
—
Laleh Khalil
—
Deed Of Trust
related
$946,000 · Corefirst Bk&tr
—
—
Khalil Laleh
—
Deed Of Trust
related
$22,500 · Hossein Lari
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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