Back to Search
Property profile & analytics
OFF-MARKET
Bars & Pubs
5110 Colfax Ave Denver, CO 80204-1017
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US13-2617880
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1915
Construction
WOOD
Total area
2,494 SF
Lot
0.14 ac (6,200 SF)
Zoning code
C-MS-8
APN
05062-08-015-000
UPID
US13-2617880
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
-
Denver Eagle Bar & Pub Nightclub
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Glasoe Investments LLC · 16 yrs held
Glasoe Investments LLC
since 2010
6 recorded transactions
Zoning & alternative use
C-MS-8 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$9,138
Tax year 2023
Assessed value
$117,930
Assessed 2023
Previous assessed
$112,520
+4.8% YoY
Effective rate
7.75%
On assessed value
Assessed land
$86,770
Assessed improvement
$31,160
Land market value
$341,000
Improvement market value
$111,700
Total market value
$452,700
Applied tax rate
438.0000
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
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1915
Construction
WOOD
Heating
YES
Cooling
EVAPORATIVE
Stories
1
Units
5
Total area
2,494 SF
Lot
0.14 ac (6,200 SF)
Zoning code
C-MS-8
APN
05062-08-015-000
UPID
US13-2617880
Jurisdiction
DENVER
Zoning & alternative use
C-MS-8 · Denver, CO
Zoning C-MS-8 · permitted uses
C-MS-8 · 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
1915
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
5
Lot
0.14 ac
Current owner
From public records · entity-resolved
Glasoe Investments LLC
Entity
Mailing address
8076 S SMT DR, MORRISON, CO 80465-2459
Ownership since
2010
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
Jan 5, 2010
—
Glasoe Investments LLC
Thompson,clark F
Grant Deed
$208,000 · Clark F Thompson
Dec 31, 2009
—
Clark Thompson
Deputy Public Te Of Denver Cnty
Trustees Deed
related
—
Dec 9, 2009
$279,511
Blamz Ltd
Deputy Public Te Of Denver Cnty
Certificate Of Purchase
$256,307
Mar 4, 2008
$310,000
Blamz Ltd
Tuza LLC
Grant Deed
$256,307 · Clark Thompson
May 11, 2005
$325,100
Tuza LLC
Thompson,clark
Warranty Deed
$273,000 · Clark Thompson
Jan 13, 2000
—
Todd A Andreff
Buffo,dean E
Quit Claim Deed
related
—
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 5110 Colfax Ave?
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.
