Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$6,270,000
Motels
4850 Leetsdale Dr Denver, CO 80246-1313
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US13-0793472
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
38,376 SF
Lot
2.06 ac (89,734 SF)
Zoning code
DPSDD
APN
1973-18-1-01-014
UPID
US13-0793472
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
-
HomeTowne Studios Denver - Glendale/ Cherry Creek Hotel & Motel
-
Residence inn Hotel & Motel
-
Lender live Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.27M
Owner & transaction history
Cl I LLC · 5 yrs held
Cl I LLC
since 2021
6 recorded transactions
Zoning & alternative use
DPSDD · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$9,270,000
Current use
Blend value · Realmo final
$6.27M
Range $5.64M – $6.90M · ±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
$163 / 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
$175,191
Tax year 2023
Assessed value
$2,077,371
Assessed 2023
Previous assessed
$1,694,775
+22.6% YoY
Effective rate
8.43%
On assessed value
Land market value
$4,487,050
Improvement market value
$3,823,950
Total market value
$8,311,000
Applied tax rate
1,064.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
3
Units
132
Bathrooms
545
Total area
38,376 SF
Lot
2.06 ac (89,734 SF)
Zoning code
DPSDD
APN
1973-18-1-01-014
UPID
US13-0793472
Jurisdiction
ARAPAHOE
Zoning & alternative use
DPSDD · Denver, CO
Zoning DPSDD · permitted uses
DPSDD · 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
HOTEL/MOTEL Current
Est. value
$9.3M
HOTEL/MOTEL Current
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
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
3
Units
132
Bathrooms
545
Lot
2.06 ac
Current owner
From public records · entity-resolved
Cl I LLC
Entity
Free & Clear · 5 yrs held
Mailing address
5847 SAN FELIPE ST STE #4650, HOUSTON, TX 77057-3277
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 21, 2021
—
Cl I LLC
Bre Esa P Portfolio LLC
Correction Deed
related
—
Oct 24, 2018
—
Cl I LLC
—
Loan Modification
related
$421,280,346 · Other Institutional Lenders
Dec 17, 2015
—
Cl I LLC
Esa P Portfolio LLC
Grant Deed
$192,400,000 · Spt Ca Fundings 2
Dec 10, 2012
—
Esa P Portfolio LLC
—
Deed Of Trust
related
—
Oct 18, 2010
—
Esa P Portfolio LLC
—
Deed Of Trust
related
$2,000,000,000 · J P Morgan Chase Bank
May 20, 2004
—
Bre/esa Properties LLC
Esa 0885 INC
Quit Claim Deed
related
$2,050,000,000 · Mers Trustee
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 4850 Leetsdale Dr?
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.
