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Property profile & analytics
FOR SALE
Motels
5450 Federal Blvd Denver, CO 80221
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US13-0902687
For Sale
1 / 25
Contact for pricing
5450 Federal Blvd, Denver, CO 80221
View Listing →
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1971
Construction
FRAME
Total area
990 SF
Lot
0.72 ac (31,407 SF)
APN
R0104670
UPID
US13-0902687
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
-
Primrose Motel Hotel & Motel
-
My Own Emails Orthotics & Prosthetics Service
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
Manjae Kang INC · 2 yrs held
Manjae Kang INC
since 2024
Last sale
$470,000
7 recorded transactions
Zoning & alternative use
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
$24,203
Tax year 2023
Assessed value
$198,410
Assessed 2023
Previous assessed
$171,580
+15.6% YoY
Effective rate
12.20%
On assessed value
Assessed land
$40,610
Assessed improvement
$157,800
Land market value
$188,364
Improvement market value
$841,836
Total market value
$1,030,200
Applied tax rate
480.0000
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
Motels
Use group
MOTEL
Status
For Sale
Year built
1971
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
3
Stories
1
Units
1
Rooms
4
Bathrooms
25
Total area
990 SF
Lot
0.72 ac (31,407 SF)
APN
R0104670
UPID
US13-0902687
Jurisdiction
ADAMS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1971
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Units
1
Rooms
4
Bathrooms
25
Lot
0.72 ac
Current owner
From public records · entity-resolved
Manjae Kang INC
Entity
Mailing address
5450 FEDERAL BLVD, DENVER, CO 80221-6540
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 5, 2024
—
Manjae Kang INC
Mark Mansik Kang
Intrafamily Transfer
related
—
Jul 26, 2013
$470,000
Manjaekang INC
Park Soo B
Grant Deed
$344,000 · Bbu Bank
May 19, 2004
—
Hae C Park
Park,soo B & Jung H
Quit Claim Deed
related
$100,000 · First American State Bank
May 18, 2004
—
Mae C Park
Park,soo B & Jung H
Quit Claim Deed
related
$100,000 · First American State Bank
—
—
Hae C Park
—
Deed Of Trust
related
$240,000 · First American State Bank
—
—
Soo B Park
—
Deed Of Trust
related
$236,000 · Steele Street State Bank
—
—
Hae C Park
—
Deed Of Trust
related
$180,000 · First American State Bank
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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