Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$785,000
Garden apartment buildings
4545 Utica St Denver, CO 80212-2528
Individually Owned
Property ID
US13-0231458
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1954
Construction
STEEL FRAME
Total area
3,325 SF
Lot
0.14 ac (6,250 SF)
Zoning code
U-TU-C
APN
02192-02-019-000
UPID
US13-0231458
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
$755k
CAP Approach
CAP
$775k
Comparable Approach
Comparable
$864k
Blend (final)
Blend
$785k
Owner & transaction history
Eric Young
Eric Young
since 2026
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
U-TU-C · 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
$740,000
ML approach
$755,000
CAP Approach
CAP Return
Estimation
6%
$840,000
6.5%
$775,000
7%
$720,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,210,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,080,000
Change: -11% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,075,000
Change: -11% · Conversion: Moderate
RETAIL STORES
$1,070,000
Change: -12% · Conversion: Difficult
MEDICAL BUILDING
$1,010,000
Change: -17% · Conversion: Moderate
Blend value · Realmo final
$785k
Range $707k – $864k · ±10% · vs last sale $1.02M (Jan 16 2026)
Last sale anchor
$1.02M
Jan 16 2026
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
$236 / 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
$5,680
Tax year 2023
Assessed value
$73,300
Assessed 2023
Previous assessed
$52,020
+40.9% YoY
Effective rate
7.75%
On assessed value
Assessed land
$54,910
Assessed improvement
$18,390
Land market value
$874,500
Improvement market value
$274,500
Total market value
$1,149,000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1954
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
2
Rooms
11
Bathrooms
1
Total area
3,325 SF
Lot
0.14 ac (6,250 SF)
Zoning code
U-TU-C
APN
02192-02-019-000
UPID
US13-0231458
Jurisdiction
DENVER
Zoning & alternative use
U-TU-C · Denver, CO
Zoning U-TU-C · permitted uses
U-TU-C · 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.1M
RETAIL STORES
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.0M
APARTMENT HOUSE (5+ UNITS) Current
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
RETAIL STORES
MEDICAL 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
1954
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
2
Rooms
11
Bathrooms
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Eric Young
Individual
Mailing address
4545 UTICA ST, DENVER, CO 80212-2528
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 16, 2026
$1,015,000
Eric Young
Kevin Briggs
Warranty Deed
$400,000 · Guaranteed Rate INC
Oct 18, 2023
—
Kevin Briggs
—
Deed
related
$166,000 · Third Fsla Of Cleveland
Dec 6, 2022
—
Kevin Briggs
—
Deed
related
$114,900 · Commerce Bank
Sep 29, 2022
—
Kevin Briggs
—
Deed
related
$804,300 · Commerce Bank
Jan 27, 2022
—
Kevin Briggs
—
Deed
related
$200,000 · Third Fsla Of Cleveland
May 27, 2020
$665,000
Kevin Briggs
4545 Utica LLC
Special Warranty Deed
$532,000 · Cmg Mortgage INC
Mar 3, 2011
—
4545 Utica LLC
Brower,cristina I & Russell H
Quit Claim Deed
related
—
Jan 6, 2011
—
Cristina L Brower
4545 Utica LLC
Quit Claim Deed
related
$200,000 · Cherry Creek Mortgage Company INC
Feb 28, 2006
—
4545 Utica LLC
Gallegos,tobias E
Grant Deed
—
Mar 28, 2002
$266,000
Tobias E Gallegos
Gallegos,eleuterio V & Jaimie L
Grant Deed
related
$212,800 · Abn Amro Mortgage Group INC
—
—
Jaimie L Gallegos
—
Deed Of Trust
related
$159,000 · America's Wholesale Lender
—
—
Jaimie L Gallegos
—
Deed Of Trust
related
$123,500 · America's Wholesale Lender
—
—
Tobias E Gallegos
—
Deed Of Trust
related
$221,900 · Great Western Guaranty INC
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4545 Utica St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
