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Property profile & analytics
OFF-MARKET Estimated value $2,305,000
Retail space

460 Broadway Denver, CO 80203-3404

10,383 SF 0.65 ac lot Built 2013
Entity Owned 8-yr Hold Absentee Owner Free & Clear
Property ID
US13-2078398
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2013
Construction CONCRETE
Total area 10,383 SF
Lot 0.65 ac (28,125 SF)
Zoning code B-8
APN 05101-07-023-000
UPID US13-2078398
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
  • DAE GEE KOREAN BBQ Korean Barbecue Restaurant Korean Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.19M
Comparable Approach Comparable
$1.82M
Blend (final) Blend
$2.31M
Owner & transaction history
NIWAS 460 LLC
NIWAS 460 LLC
Zoning & alternative use
B-8 · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

adjacent to the Arapahoe Square neighborhood and was previously zoned B-8-A under Former Chapter 59. D-AS is intended to support a mix of uses that provide a pedestrian friendly transition from the surrounding lower scale neighborhoods to the high-rise scale of downtown. G. Downtown Arapahoe Square 12+ District (D-AS-12+) D-AS-12+ applies to mixed-use areas…

Zone name Business District
General category COMMERCIAL
Zone area 324.05 ac
Source Denver Zoning Code
Top alternative use upside
Apartment house (5+ units) $3.5M +4.3%
Neighborhood: shopping center $3.4M +0.9%
Commercial (general) $3.4M +0.6%
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