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Property profile & analytics
OFF-MARKET
Estimated value
$1,395,000
Drive through restaurants
4505 Peoria St Denver, CO 80239-4848
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US13-0594462
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2006
Construction
WOOD
Total area
5,140 SF
Lot
0.82 ac (35,580 SF)
Zoning code
B-8
APN
01231-00-072-000
UPID
US13-0594462
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
-
FedEx Drop Box Postal Service Courier Service
-
Quiznos Take-out & Catering
-
Kona Hawaiian BBQ-- (Peoria ) DENVER Restaurant
-
Harley Ellis Car Dealership Shipping Company
-
Starbucks Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.46M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.49M
Blend (final)
Blend
$1.40M
Owner & transaction history
Double Mvj Investments LLC · 9 yrs held
Double Mvj Investments LLC
since 2017
Last sale
$1.3M
6 recorded transactions
Zoning & alternative use
B-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
Method
Estimation
Statistic approach
$1,390,000
ML approach
$1,460,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$2,100,000
Current use
AUTO REPAIR, GARAGE
$2,060,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$1.40M
Range $1.26M – $1.53M · ±10% · vs last sale $1.32M (Jul 15 2020)
Last sale anchor
$1.32M
Jul 15 2020
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
$271 / 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
$27,802
Tax year 2023
Assessed value
$358,800
Assessed 2023
Previous assessed
$333,550
+7.6% YoY
Effective rate
7.75%
On assessed value
Assessed land
$190,170
Assessed improvement
$168,630
Land market value
$711,600
Improvement market value
$604,400
Total market value
$1,316,000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2006
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
6
Total area
5,140 SF
Lot
0.82 ac (35,580 SF)
Zoning code
B-8
APN
01231-00-072-000
UPID
US13-0594462
Jurisdiction
DENVER
Zoning & alternative use
B-8 · Denver, CO
Zoning B-8 · permitted uses
B-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.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$2.1M
AUTO REPAIR, GARAGE
Est. value
$2.1M
RESTAURANT Current
AUTO REPAIR, GARAGE
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
2006
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
6
Lot
0.82 ac
Current owner
From public records · entity-resolved
Double Mvj Investments LLC
Entity
Mailing address
205 COVINA AVE, LONG BEACH, CA 90803-1824
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 11, 2017
—
Double Mvj Investments LLC
—
Deed
related
$4,031,256 · Citywide Bk
May 11, 2016
—
Double Mvj Investments LLC
—
Deed
related
$3,773,322 · Citywide Bk
—
—
Double Mvj Investments LLC
—
Deed Of Trust
related
$3,500,000 · Citywide Bk
—
—
Double Mvj Investments LLC
—
Deed Of Trust
related
$1,200,000 · Firstbank Of Denver NA
—
—
Double Mvj Investments LLC
—
Loan Modification
related
$3,773,322 · Citywide Bk
—
—
Double Mvj Investments LLC
—
Loan Modification
related
$4,031,256 · Citywide Bk
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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