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Property profile & analytics
OFF-MARKET Estimated value $2,760,000
Strip malls

4979 44th Ave Denver, CO 80212-2410

15,812 SF 0.54 ac lot Built 1926
Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US13-0989661
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1926
Construction WOOD
Total area 15,812 SF
Lot 0.54 ac (23,392 SF)
Zoning code U-MX-2
APN 02192-12-010-000
UPID US13-0989661
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
by Request
CAP Approach CAP
$3.57M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.76M
Owner & transaction history
4979 W 44th Ave LLC · 10 yrs held
4979 W 44th Ave LLC
since 2016
5 recorded transactions
2023
Price N/A
2017
Price N/A
2016
$2.1M
2014
$1.5M
2012
$575,000
Zoning & alternative use
U-MX-2 · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

U-MX-2 Mixed Use 2 U-MX-2x Mixed Use 2x U-MX-3 Mixed Use 3 U-RX-3 Residential Mixed Use 3 U-RX-5 Residential Mixed Use 5 U-MS-2 Main Street 2 U-MS-2x Main Street 2x U-MS-3 Main Street 3 U-MS-5 Main Street 5 SE CTION 5.2.2 RESIDENTIAL DISTRICTS (U-SU-A, -A2, -B, -B2, -C -C2, -E, -H, U-TU-B, -B2, -C, U-RH-2.5, -3A) 5.2.2.1 General Purpose A. The intent of the…

Zone name Urban Neighborhood Context Mixed Use 2
General category MIXED_USE
Zone area 51.83 ac
Source Denver Zoning Code
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