Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    522 14Th Ave Denver, CO 80204

    • Auto shops
    • 3,177 SF
    • 0.11 lot acres
    For Sale
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-0938779
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Dr. mahon M. monika, DDS / Doctor
    • CFC Construction / Contractor

    Property Details for 522 14Th Ave

    Year built
    1947
    Construction
    WOOD
    Lot size
    0.11 lot acres
    Property size
    3,177 SF
    Zone code
    D-GT
    Property type
    Auto shops
    APN
    05034-06-004-000
    APU
    503406004000

    Description

    This exceptional Denver redevelopment assemblage presents a unique investment opportunity in the coveted Golden Triangle neighborhood. Comprising two adjacent parcels totaling 7,404 square feet (common ownership), this property offers significant potential for residential development. Currently featuring two existing one-story buildings, built in 1947, with a combined 7,404 square feet and 3,300 square feet of net rentable space, these structures provide a potential income stream during the redevelopment planning phase. The property boasts two units and is zoned D-GT, allowing for a maximum of seven stories. The location, directly across from the Denver Justice Center, offers high visibility and convenient access to downtown amenities. An attractive feature is the potential for seller financing, facilitating a smoother acquisition process. While the current occupancy date is October 2, 2024, the existing buildings offer interim income potential. Note that additional adjacent parcels, totaling 18,746 square feet when combined with this property, are available for purchase from a separate seller, presenting an opportunity to expand the development scope significantly. This assemblage is ideal for investors seeking a prime location and the flexibility to create a substantial residential project in a thriving Denver neighborhood. The property is owned by an LLC.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $350,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $495,000
      Market price range: $257k - $1.04M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Denver
    State
    Colorado
    Longitude
    -104.995
    Latitude
    39.7382
    CBSA code
    19740
    CBSA name
    DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $20,181
    $260,170
    $280
    $260,450
    -
    $962,500
    $1,000
    $963,500

    Comparable in this City

    • Value Estimation
      $935,000
      15,280 SF

      510 Santa Fe Dr

      AUTO REPAIR, GARAGE • 15,280 SF
      510 Santa Fe Dr, Denver, CO 80204-5044
      View Details
    • Value Estimation
      $420,000
      1,897 SF

      3411 Colfax Ave

      AUTO REPAIR, GARAGE • 1,897 SF
      3411 Colfax Ave, Denver, CO 80204-1636
      View Details
    • Value Estimation
      $355,000
      4,125 SF

      2055 Barberry Pl

      AUTO REPAIR, GARAGE • 4,125 SF
      2055 Barberry Pl, Denver, CO 80204-3813
      View Details
    • Value Estimation
      $4,515,000
      12,452 SF

      621 8th Ave

      AUTO REPAIR, GARAGE • 12,452 SF
      621 8th Ave, Denver, CO 80204-4526
      View Details
    • Value Estimation
      $415,000
      1,800 SF

      970 Federal Blvd

      AUTO REPAIR, GARAGE • 1,800 SF
      970 Federal Blvd, Denver, CO 80204-3215
      View Details
    • Value Estimation
      $370,000
      2,520 SF

      2801 8th Ave

      AUTO REPAIR, GARAGE • 2,520 SF
      2801 8th Ave, Denver, CO 80204-3708
      View Details

    Similar Nearby for Sale

    • $1,200,000
      3,475 SF

      Industrial Building with Fenced Yard

      Industrial building with fenced yard, garage, office, and warehouse.
      845 Wyandot St, Denver, CO 80204
      View Details
    • Contact for pricing
      4,100 SF

      Modern Retail Space in Denver

      Customizable retail spaces in a dynamic, well-connected Denver location.
      990 Cherokee St, Denver, CO 80204
      View Details
    • $1,025,000
      4,099 SF

      Luxury Car Storage Warehouse

      Immaculately clean warehouse with high visibility and parking spaces.
      1260 Santa Fe Dr, Denver, CO 80204
      View Details
    • $3,200,000
      2,781 SF

      Denver Gas Station For Sale

      Gas station with expansion potential in central Denver location.
      510 Bryant St, Denver, CO 80204
      View Details
    • $2,500,000
      15,000 SF

      Denver Art District Retail Gem

      High-potential redevelopment opportunity in Denver's Art District.
      747 Santa Fe Dr, Denver, CO 80204
      View Details
    • Contact for pricing
      72,000 SF

      Retail Space in Denver, CO

      Retail space available for sale or lease in Denver.
      1515 Julian St, Denver, CO 80204
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      5,181 SF

      Denver Warehouse with Secure Yard

      5,181 SF warehouse with secure yard for lease.
      1276 S Bannock St, Denver, CO 80204
      View Details
    • Contact for pricing
      10,089 SF

      Santa Fe Drive Retail Spaces

      Denver Retail: 5 Suites Available
      625 Santa Fe Dr, Denver, CO 80204
      View Details
    • $24 SF/Yr
      1,051 SF

      Santa Fe Art District Retail

      Mixed-use retail space in the heart of Santa Fe.
      1201 Santa Fe Dr, Denver, CO 80204
      View Details
    • Contact for pricing
      504,000 SF

      Prime Retail Space in Denver

      Modern retail spaces with natural light and panoramic city views.
      1010 Santa Fe Dr, Denver, CO 80204
      View Details
    • Contact for pricing
      6,737 SF

      Retail Space For Lease

      Retail space available for lease with dedicated parking.
      1062 Delaware St, Denver, CO 80204
      View Details
    • Contact for pricing
      230 SF

      Commercial Kitchen Space Available

      Equipped commercial kitchen spaces for rent with shared amenities.
      800-810 North Vallejo St, Denver, CO 80204
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    522 14Th Ave
    Denver, CO 80204
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.