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Property profile & analytics
OFF-MARKET
Estimated value
$710,000
Retail space
486 Broadway, Denver, CO 80209-1518
Entity Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US13-1712668
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1959
Construction
WOOD
Total area
4,093 SF
Lot
0.07 ac (2,983 SF)
Zoning code
U-MS-3
APN
05151-09-047-000
UPID
US13-1712668
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
-
Skintonomy Medical Spa Spa & Massage Center Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$860k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$710k
Owner & transaction history
486 Broadway LLC · 14 yrs held
486 Broadway LLC
since 2012
7 recorded transactions
Zoning & alternative use
U-MS-3 · 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%
$935,000
6.5%
$860,000
7%
$800,000
Blend value · Realmo final
$710k
Range $639k – $781k · ±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
$173 / 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
$23,242
Tax year 2023
Assessed value
$299,950
Assessed 2023
Previous assessed
$304,680
-1.6% YoY
Effective rate
7.75%
On assessed value
Assessed land
$79,010
Assessed improvement
$220,940
Land market value
$313,200
Improvement market value
$791,900
Total market value
$1,105,100
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1959
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Units
9
Rooms
8
Bathrooms
1
Total area
4,093 SF
Lot
0.07 ac (2,983 SF)
Zoning code
U-MS-3
APN
05151-09-047-000
UPID
US13-1712668
Jurisdiction
DENVER
Zoning & alternative use
U-MS-3 · Denver, CO
Zoning U-MS-3 · permitted uses
U-MS-3 · 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.
Building & site characteristics
From public records
Year built
1959
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
9
Rooms
8
Bathrooms
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
486 Broadway LLC
Entity
Mailing address
12976 VALLEJO CIR, WESTMINSTER, CO 80234-3794
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 10, 2012
$725,000
486 Broadway LLC
Fat Tail Real Estate LLC
Grant Deed
$701,676 · Bank Of The West
Apr 18, 2007
$518,000
Fat Tail Real Estate LLC
Western Sky Real Estate LLC
Grant Deed
—
Mar 22, 2006
$392,500
Western Sky Real Estate LLC
Handler,marilyn M
Grant Deed
$460,000 · First National Bank
Aug 2, 2005
—
Marilyn M Handler
Public Trustee Of Denver County
Trustees Deed
related
—
May 13, 2005
$210,000
Marilyn M Handler
Public Trustee Of Denver County
Trustees Deed
—
—
—
486 Broadway LLC
—
Loan Modification
related
$596,684 · Bank Of The West
—
—
486 Broadway LLC
—
Loan Modification
related
$360,892 · Bank Of The West
—
—
486 Broadway LLC
—
Deed Of Trust
related
$374,000 · Community Economic Dev Co Co
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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