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Property profile & analytics
OFF-MARKET
Estimated value
$6,450,000
High-rise multifamily apartments
4705 High St Denver, CO 80216-2212
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US13-2132076
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
2013
Construction
WOOD
Total area
28,264 SF
Lot
0.52 ac (22,633 SF)
Zoning code
PUD
APN
02231-06-037-000
UPID
US13-2132076
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
-
Odyssey Apartments Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.60M
Comparable Approach
Comparable
$8.30M
Blend (final)
Blend
$6.45M
Owner & transaction history
Odyssey I LLC
Odyssey I LLC
7 recorded transactions
Zoning & alternative use
PUD · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$9.2M
+33.9%
Retail stores
$9.1M
+32.6%
Medical building
$8.6M
+25.2%
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
by Request
CAP Approach
CAP Return
Estimation
6%
$7,155,000
6.5%
$6,600,000
7%
$6,130,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$6,855,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$9,175,000
Change: +34% · Conversion: Difficult
RETAIL STORES
$9,090,000
Change: +33% · Conversion: Difficult
MEDICAL BUILDING
$8,580,000
Change: +25% · Conversion: Moderate
OFFICE BUILDING
$7,235,000
Change: +6% · Conversion: Moderate
Blend value · Realmo final
$6.45M
Range $5.81M – $7.10M · ±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
$228 / 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
Assessed value
$619,340
Assessed 2023
Previous assessed
$393,060
+57.6% YoY
Assessed land
$43,840
Assessed improvement
$575,500
Land market value
$709,300
Improvement market value
$8,589,500
Total market value
$9,298,800
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
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Year built
2013
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
3
Units
36
Rooms
12
Bathrooms
1
Total area
28,264 SF
Lot
0.52 ac (22,633 SF)
Zoning code
PUD
APN
02231-06-037-000
UPID
US13-2132076
Jurisdiction
DENVER
Zoning & alternative use
PUD · Denver, CO
Zoning PUD · permitted uses
PUD · 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
$6.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$9.2M
RETAIL STORES
Est. value
$9.1M
MEDICAL BUILDING
Est. value
$8.6M
OFFICE BUILDING
Est. value
$7.2M
APARTMENT HOUSE (5+ UNITS) Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
MEDICAL BUILDING
OFFICE 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
2013
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
3
Units
36
Rooms
12
Bathrooms
1
Lot
0.52 ac
Current owner
From public records · entity-resolved
Odyssey I LLC
Entity
Mailing address
1600 YORK ST STE #101, DENVER, CO 80206-1421
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
—
—
Odyssey I LLC
—
Deed Of Trust
related
$215,000 · State Of Colorado
—
—
Odyssey I LLC
—
Deed Of Trust
related
$30,000 · Empowerment Program INC
—
—
Odyssey I LLC
—
Deed Of Trust
related
$200,000 · Empowerment Program INC
—
—
Odyssey I LLC
—
Deed Of Trust
related
$196,000 · Empowerment Program INC
—
—
Odyssey I LLC
—
Deed Of Trust
related
$215,000 · Empowerment Program INC
—
—
Odyssey I LLC
—
Deed Of Trust
related
$490,000 · Empowerment Program INC
—
—
Odyssey I LLC
—
Deed Of Trust
related
$350,000 · Empowerment Program 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.
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