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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Auto shops
4940 Asbury Ave Denver, CO 80222-4803
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US13-0110734
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1962
Construction
WOOD
Total area
7,883 SF
Lot
0.42 ac (18,250 SF)
Zoning code
I-MX-3
APN
06301-13-011-000
UPID
US13-0110734
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
-
The Hobby Source (Bike/Boat/Book/etc) Store
-
Alkagem Home Appliance Store Building Supply
-
Opus Motor Group Car Dealership
-
Any Car Sold Car Dealership
-
Integrity Automotive Glass Auto Repair Shop (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$380k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$658k
Blend (final)
Blend
$520k
Owner & transaction history
4940 E Asbury LLC · 7 yrs held
4940 E Asbury LLC
since 2019
7 recorded transactions
Zoning & alternative use
I-MX-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
$380,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$520k
Range $468k – $572k · ±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
$66 / 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
$31,972
Tax year 2023
Assessed value
$412,610
Assessed 2023
Previous assessed
$382,330
+7.9% YoY
Effective rate
7.75%
On assessed value
Assessed land
$144,380
Assessed improvement
$268,230
Land market value
$547,500
Improvement market value
$961,400
Total market value
$1,508,900
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1962
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Stories
1
Units
2
Total area
7,883 SF
Lot
0.42 ac (18,250 SF)
Zoning code
I-MX-3
APN
06301-13-011-000
UPID
US13-0110734
Jurisdiction
DENVER
Zoning & alternative use
I-MX-3 · Denver, CO
Zoning I-MX-3 · permitted uses
I-MX-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
1962
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
2
Lot
0.42 ac
Current owner
From public records · entity-resolved
4940 E Asbury LLC
Entity
Mailing address
4940 E ASBURY AVE, DENVER, CO 80222-4803
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 11, 2019
—
4940 E Asbury LLC
Highline Auto Clinic LLC
Special Warranty Deed
$694,000 · North Valley Bank
Oct 1, 2015
—
Elder Finance Co LLC
Elder,ramon
Quit Claim Deed
related
—
Oct 1, 2015
$865,000
Highline Auto Clinic LLC
Elder Finance Company LLC
Special Warranty Deed
$743,700 · Seacoast Commerce Bank
Aug 7, 2015
—
Elder Finance Co LLC
—
Trustees Deed
related
$596,250 · Firstbank
Aug 21, 2006
—
Elder Finance Co LLC
Elder,ramon
Quit Claim Deed
related
—
Sep 13, 2004
$450,000
Ramon Elder
Harp,linda R
Warranty Deed
$405,000 · Pueblo Bank & Trust Co
Mar 23, 1999
—
Linda R Harp
Alfred P Frohlick Estate
Grant Deed
related
—
—
—
Ramon Elder
—
Deed Of Trust
related
$51,083 · Citywide Banks
—
—
Elder Finance Co LLC
—
Deed Of Trust
related
$487,500 · Fort Collins Commerce Bank
—
—
Elder Finance Co LLC
—
Deed Of Trust
related
$172,500 · Front Range Regular Economic
—
—
Ramon Elder
—
Deed Of Trust
related
$244,270 · Peak National Bank
—
—
Ramon Elder
—
Deed Of Trust
related
$305,338 · Peak National Bank
—
—
Ramon Elder
—
Deed Of Trust
related
$251,000 · Denver Urban Economic Dev Corp
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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