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Property profile & analytics
OFF-MARKET
Estimated value
$5,830,000
Grocery and convenience stores
5125 Florida Ave Denver, CO 80219-3605
Individually Owned
22-yr Hold
Free & Clear
Property ID
US13-2731498
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1988
Construction
STEEL FRAME
Total area
53,795 SF
Lot
4.31 ac (187,572 SF)
Zoning code
B-2
APN
05192-00-017-000
UPID
US13-2731498
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
-
Jennifer Hainje Pharmacy
-
Ha Nguyen Pharmacy
-
Richard Tran Pharmacy
-
Myhao Pham Pharmacy
-
Jonathan Rogers Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.85M
Blend (final)
Blend
$5.83M
Owner & transaction history
Mirkin,tr · 22 yrs held
Mirkin,tr
since 2003
4 recorded transactions
Zoning & alternative use
B-2 · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district promotes multiple commercial uses like banking and financial services, food sales or market etc
Zone name
Business District
General category
COMMERCIAL
Zone area
136.54 ac
Source
Realmo
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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.83M
Range $5.25M – $6.41M · ±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
$108 / 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
$133,450
Tax year 2023
Assessed value
$1,722,240
Assessed 2023
Previous assessed
$1,550,570
+11.1% YoY
Effective rate
7.75%
On assessed value
Assessed land
$1,483,110
Assessed improvement
$239,130
Land market value
$5,345,800
Improvement market value
$857,100
Total market value
$6,202,900
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1988
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
8
Total area
53,795 SF
Lot
4.31 ac (187,572 SF)
Zoning code
B-2
APN
05192-00-017-000
UPID
US13-2731498
Jurisdiction
DENVER
Zoning & alternative use
B-2 · Denver, COZoning B-2 · permitted uses
B-2 · Denver, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district promotes multiple commercial uses like banking and financial services, food sales or market etc
Zone name
Business District
General category
COMMERCIAL
Zone area
136.54 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1988
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
8
Lot
4.31 ac
Current owner
From public records · entity-resolved
Mirkin,tr
Individual
Free & Clear · 22 yrs held
Mailing address
542 LAKESIDE DR STE 2A, SUNNYVALE, CA 94085-4005
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 24, 2003
$5,205,000
Mirkin,tr
Sheridan-florida Center LLC
Grant Deed
—
Oct 24, 2003
—
Ksfs Center LLC
Mirkin,bernard B
Grant Deed
related
—
Dec 8, 2000
$4,437,500
Sheridan-florida Center LLC
Marquis,zan
Grant Deed
$3,375,000 · Lehman Brothers Bank Fsb
—
—
Ksfs Center LLC
—
Deed Of Trust
related
$3,125,000 · Occidental Life Ins Co/north C
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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