Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Office buildings
4588 Yates St Denver, CO 80212-2519
Trust Owned
9-yr Hold
~
Est. High Equity
Property ID
US13-2618462
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1957
Construction
WOOD
Total area
2,205 SF
Lot
0.1 ac (4,289 SF)
Zoning code
U-SU-C1
APN
02192-06-041-000
UPID
US13-2618462
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
$355k
CAP Approach
CAP
$530k
Comparable Approach
Comparable
$733k
Blend (final)
Blend
$535k
Owner & transaction history
Dixon,margaret C Living Trust · 9 yrs held
Dixon,margaret C Living Trust
since 2017
1 recorded transaction
Zoning & alternative use
U-SU-C1 · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Denver Zoning Code
Top alternative use upside
Auto repair, garage
$885,000
+56.5%
Neighborhood: shopping center
$715,000
+26.8%
Commercial (general)
$715,000
+26.5%
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
by Request
ML approach
$355,000
CAP Approach
CAP Return
Estimation
6%
$575,000
6.5%
$530,000
7%
$490,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$565,000
Current use
AUTO REPAIR, GARAGE
$885,000
Change: +57% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$715,000
Change: +27% · Conversion: Difficult
COMMERCIAL (GENERAL)
$715,000
Change: +26% · Conversion: Easy
RETAIL STORES
$710,000
Change: +26% · Conversion: Moderate
MEDICAL BUILDING
$670,000
Change: +19% · Conversion: Easy
Blend value · Realmo final
$535k
Range $482k – $589k · ±10%
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
$243 / 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
$18,897
Tax year 2023
Assessed value
$243,880
Assessed 2023
Previous assessed
$240,040
+1.6% YoY
Effective rate
7.75%
On assessed value
Assessed land
$40,400
Assessed improvement
$203,480
Land market value
$333,600
Improvement market value
$1,319,900
Total market value
$1,653,500
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1957
Construction
WOOD
Heating
FORCED AIR
Buildings
2
Stories
1
Units
1
Rooms
7
Bathrooms
2
Total area
2,205 SF
Lot
0.1 ac (4,289 SF)
Zoning code
U-SU-C1
APN
02192-06-041-000
UPID
US13-2618462
Jurisdiction
DENVER
Zoning & alternative use
U-SU-C1 · Denver, COZoning 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
Source
Denver Zoning Code
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$565,000
AUTO REPAIR, GARAGE
Est. value
$885,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$715,000
COMMERCIAL (GENERAL)
Est. value
$715,000
RETAIL STORES
Est. value
$710,000
MEDICAL BUILDING
Est. value
$670,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
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
1957
Construction
WOOD
Heating
FORCED AIR
Stories
1
Buildings
2
Units
1
Rooms
7
Bathrooms
2
Lot
0.1 ac
Current owner
From public records · entity-resolved
Dixon,margaret C Living Trust
Trust
Mailing address
4588 YATES ST, DENVER, CO 80212-2519
Mailing matches property
Yes
Owner-occupied
Yes
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 9, 2017
$1,356,140
Dixon,margaret C Living Trust
Thornton,james L
Warranty Deed
—
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 4588 Yates 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.
