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Property profile & analytics
OFF-MARKET
Estimated value
$5,900,000
Residential income homes
501 Syracuse St 701 Denver, CO 80230
Entity Owned
Free & Clear
Property ID
US13-1365637
Property profile
Verified
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Year built
1890
Construction
CONCRETE
Total area
27,504 SF
Lot
135.9 ac (5,920,000 SF)
Zoning code
OS-B
APN
06162-00-010-000
UPID
US13-1365637
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
$6.43M
Comparable Approach
Comparable
$5.14M
Blend (final)
Blend
$5.90M
Owner & transaction history
FAIRMOUNT CEMETERY COMPANY
FAIRMOUNT CEMETERY COMPANY
Zoning & alternative use
OS-B · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$8.9M
+4.4%
Commercial (general)
$8.9M
+4.1%
Retail stores
$8.8M
+3.5%
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%
$6,960,000
6.5%
$6,425,000
7%
$5,965,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$8,550,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$8,925,000
Change: +4% · Conversion: Difficult
COMMERCIAL (GENERAL)
$8,900,000
Change: +4% · Conversion: Moderate
RETAIL STORES
$8,845,000
Change: +3% · Conversion: Difficult
MEDICAL BUILDING
$8,350,000
Change: -2% · Conversion: Moderate
OFFICE BUILDING
$7,040,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$5.90M
Range $5.31M – $6.49M · ±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
$215 / 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
Assessed value
$3,476,340
Assessed 2023
Previous assessed
$3,288,600
+5.7% YoY
Assessed land
$1,849,770
Assessed improvement
$1,626,570
Land market value
$6,660,000
Improvement market value
$5,830,000
Total market value
$12,490,000
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
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Status
Off-Market
Year built
1890
Construction
CONCRETE
Heating
HOT WATER
Buildings
6
Stories
2
Total area
27,504 SF
Lot
135.9 ac (5,920,000 SF)
Zoning code
OS-B
APN
06162-00-010-000
UPID
US13-1365637
Jurisdiction
DENVER
Zoning & alternative use
OS-B · Denver, CO
Zoning OS-B · permitted uses
OS-B · 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
$8.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$8.9M
COMMERCIAL (GENERAL)
Est. value
$8.9M
RETAIL STORES
Est. value
$8.8M
MEDICAL BUILDING
Est. value
$8.4M
OFFICE BUILDING
Est. value
$7.0M
APARTMENT HOUSE (5+ UNITS) Current
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
RETAIL STORES
MEDICAL BUILDING
OFFICE BUILDING
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
1890
Construction
CONCRETE
Heating
HOT WATER
Stories
2
Buildings
6
Lot
135.9 ac
Current owner
From public records · entity-resolved
FAIRMOUNT CEMETERY COMPANY
Entity
Free & Clear · 0 yrs held
Mailing address
430 S QUEBEC ST, DENVER, CO 80247-1078
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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