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Property profile & analytics
OFF-MARKET
Estimated value
$865,000
Garden apartment buildings
4737 Lowell Blvd Denver, CO 80211-1168
Individually Owned
~
Est. High Equity
Property ID
US13-0534929
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1953
Construction
WOOD
Total area
2,132 SF
Lot
0.14 ac (6,250 SF)
Zoning code
U-SU-C
APN
02191-00-053-000
UPID
US13-0534929
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
$905k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$803k
Blend (final)
Blend
$865k
Owner & transaction history
Beau Kellam
Beau Kellam
since 2026
Last sale
$850,000
7 recorded transactions
Zoning & alternative use
U-SU-C · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.0M
+24.4%
Auto repair, garage
$855,000
+1.7%
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
$930,000
ML approach
$905,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$840,000
Current use
RETAIL STORES
$1,045,000
Change: +24% · Conversion: Difficult
AUTO REPAIR, GARAGE
$855,000
Change: +2% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$690,000
Change: -18% · Conversion: Difficult
COMMERCIAL (GENERAL)
$690,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$865k
Range $779k – $952k · ±10% · vs last sale $850k (Feb 9 2026)
Last sale anchor
$850k
Feb 9 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
$406 / 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
$5,354
Tax year 2023
Assessed value
$69,090
Assessed 2023
Previous assessed
$39,290
+75.8% YoY
Effective rate
7.75%
On assessed value
Assessed land
$29,790
Assessed improvement
$39,300
Land market value
$499,700
Improvement market value
$586,500
Total market value
$1,086,200
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
1953
Construction
WOOD
Heating
FORCED AIR
Cooling
EVAPORATIVE
Stories
1
Units
2
Rooms
7
Bathrooms
1
Total area
2,132 SF
Lot
0.14 ac (6,250 SF)
Zoning code
U-SU-C
APN
02191-00-053-000
UPID
US13-0534929
Jurisdiction
DENVER
Zoning & alternative use
U-SU-C · Denver, CO
Zoning U-SU-C · permitted uses
U-SU-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
$840,000
RETAIL STORES
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$855,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$690,000
COMMERCIAL (GENERAL)
Est. value
$690,000
APARTMENT HOUSE (5+ UNITS) Current
RETAIL STORES
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
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
1953
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
2
Rooms
7
Bathrooms
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Beau Kellam
Individual
Mailing address
6183 LK LANIER HTS RD, BUFORD, GA 30518-1341
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 9, 2026
$850,000
Beau Kellam
Clyde Fleming
Warranty Deed
$717,000 · Three Point Mortgage LLC
Jul 7, 2022
$949,000
Clyde Fleming
Kirk D Mccoy
Warranty Deed
—
Dec 5, 2017
$630,000
Kirk D Mccoy
Hatch,brandon
Warranty Deed
$448,000 · Stearns Lndg
Oct 1, 2010
$252,000
Brandon Hatch
Crites,rhett
Warranty Deed
$248,651 · University Bank
Jan 3, 2008
$205,000
Rhett Crites
Beneficial Colorado INC
Special Warranty Deed
$201,832 · Citimortgage INC
Oct 10, 2007
—
Beneficial Mtg Co Of Colorado
Martinez,michael D & Charlene
Trustees Deed
related
—
—
—
Michael D Martinez
—
Deed Of Trust
related
$147,000 · Indymac Mortgage Holdings INC
—
—
Michael D Martinez
—
Deed Of Trust
related
$140,250 · Ncs Mortgage Services LLC
—
—
Brandon Hatch
—
Deed Of Trust
related
$330,800 · Stearns Lndg
—
—
Michael D Martinez
—
Deed Of Trust
related
$19,000 · Household Finance Corp III
—
—
Michael D Martinez
—
Deed Of Trust
related
$60,000 · Guaranty Nat'l Bank Tallahasse
—
—
Michael D Martinez
—
Deed Of Trust
related
$269,815 · Mbna America Bank (delaware)
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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