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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4503 Jellison St Denver, CO 80123-1023

    • Garden apartment buildings
    • 3,133 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimations
    $265,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-1295057
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Garden apartment buildings

    Property Details for 4503 Jellison St

    Year built
    1979
    Construction
    WOOD
    Lot size
    0.15 lot acres
    Property size
    3,133 SF
    Zone code
    S-RH-2.5
    Property type
    Garden apartment buildings
    APN
    09102-09-150-000
    APU
    910209150000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $295,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $228,000
      Market price range: $186k - $586k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Denver
    State
    Colorado
    Longitude
    -105.107
    Latitude
    39.6343
    CBSA code
    19740
    CBSA name
    DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,676
    $1,140
    $46,300
    $47,440
    -
    $72,000
    $691,000
    $763,000

    Comparable in this City

    • Value Estimation
      $1,365,000
      430,238 SF

      8000 Crestline Ave

      GARDEN APT, COURT APT (5+ UNITS) • 430,238 SF
      8000 Crestline Ave, Denver, CO 80123-1252
      View Details
    • Value Estimation
      $1,155,000
      384,141 SF

      4560 Balsam Way

      GARDEN APT, COURT APT (5+ UNITS) • 384,141 SF
      4560 Balsam Way, Denver, CO 80123-7334
      View Details
    • Value Estimation
      $825,000
      130,822 SF

      4601 Balsam Way

      GARDEN APT, COURT APT (5+ UNITS) • 130,822 SF
      4601 Balsam Way, Denver, CO 80123-1896
      View Details
    • Value Estimation
      $1,080,000
      329,150 SF

      4801 Wadsworth Blvd

      GARDEN APT, COURT APT (5+ UNITS) • 329,150 SF
      4801 Wadsworth Blvd, Denver, CO 80123-1370
      View Details
    • Value Estimation
      $380,000
      3,432 SF

      4555 Jellison St

      GARDEN APT, COURT APT (5+ UNITS) • 3,432 SF
      4555 Jellison St, Denver, CO 80123-1053
      View Details
    • Value Estimation
      $285,000
      2,937 SF

      4537 Jellison St, Unit 4539

      GARDEN APT, COURT APT (5+ UNITS) • 2,937 SF
      4537 Jellison St, Denver, CO 80123-1023
      View Details

    Similar Nearby for Sale

    • $405,000
      1,279 SF

      Littleton Townhome Near Downtown

      Two-bedroom, two-bath townhome near downtown Littleton with community amenities.
      2757 W Riverwalk Cir, Littleton, CO 80123
      View Details
    • $340,000
      974 SF

      Miralago Condo with Lake Views

      Top-level condo with lake and mountain views, garage, and parking.
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    • $479,000
      1,940 SF

      Updated Littleton Townhome with Greenbelt Views

      Updated 4BR/4BA townhome in Littleton with finished basement and deck.
      5960 S Jellison St, Littleton, CO 80123
      View Details
    • $349,950
      1,028 SF

      Lakeshore Village Ranch Condo

      Two-bedroom, two-bath ranch condo with updated features and community amenities.
      4385 S Balsam St, Littleton, CO 80123
      View Details
    • $275,000

      Updated Condo with Mountain Views

      Spacious 1-bedroom condo with mountain views and updated features.
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    • $388,000
      2,256 SF

      Updated Littleton Townhome with Greenbelt

      Updated townhome in Littleton with 4 bedrooms, 4 bathrooms, and greenbelt.
      5719 S Lowell Blvd, Littleton, CO 80123
      View Details

    Similar Nearby for Lease

    • $2,500 /Mo
      1,278 SF

      Spacious Townhome with Modern Amenities

      Two-bedroom townhome with modern kitchen, tandem garage, and community amenities.
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      View Details
    • $22 SF/Yr
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      Regus Shea Center: Highlands Ranch

      Class A Office Space, Flexible Options
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      View Details
    • $350 /Mo
      200 SF

      Office Space For Lease

      Office space available in a convenient Littleton location.
      5912 S Cody St, Littleton, CO 80123
      View Details
    • $12 SF/Yr
      1,294 SF

      Retail Space on Bowles Avenue

      Retail space available for lease in Littleton, Colorado.
      8936-8996 W Bowles Ave, Littleton, CO 80123
      View Details
    • $13 SF/Yr
      45,748 SF

      Columbine Shopping Center Retail Space

      High-traffic Littleton retail center; spaces available.
      3615 Bowles Ave, Littleton, CO 80123
      View Details
    • Contact for pricing
      7,650 SF

      Riverside Downs: Littleton Restaurant Space

      Littleton restaurant spaces, multiple sizes available.
      0 Sec Belleview Ave & Prince St, Littleton, CO 80123
      View Details
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    4503 Jellison St
    Denver, CO 80123-1023
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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