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Property profile & analytics
OFF-MARKET
Estimated value
$880,000
Drive through restaurants
5651 44th Ave Denver, CO 80212-7339
Individually Owned
5-yr Hold
Free & Clear
Property ID
US13-1873377
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2021
Total area
2,416 SF
Lot
0.96 ac (41,633 SF)
APN
39-241-01-032
UPID
US13-1873377
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
-
Popeyes Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$915k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.11M
Blend (final)
Blend
$880k
Owner & transaction history
Hz Props Re Ltd · 5 yrs held
Hz Props Re Ltd
since 2021
Last sale
$875,000
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
Method
Estimation
Statistic approach
$855,000
ML approach
$915,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$990,000
Current use
AUTO REPAIR, GARAGE
$970,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$880k
Range $792k – $968k · ±10% · vs last sale $875k (Mar 24 2021)
Last sale anchor
$875k
Mar 24 2021
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
$364 / 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
$27,878
Tax year 2023
Assessed value
$279,893
Assessed 2023
Previous assessed
$279,893
+0.0% YoY
Effective rate
9.96%
On assessed value
Assessed land
$145,195
Assessed improvement
$134,698
Land market value
$520,413
Improvement market value
$512,790
Total market value
$1,033,203
Applied tax rate
6,003.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2021
Heating
YES
Cooling
YES
Total area
2,416 SF
Lot
0.96 ac (41,633 SF)
APN
39-241-01-032
UPID
US13-1873377
Jurisdiction
JEFFERSON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$990,000
AUTO REPAIR, GARAGE
Est. value
$970,000
RESTAURANT Current
AUTO REPAIR, GARAGE
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
2021
Heating
YES
Cooling
Yes
Lot
0.96 ac
Current owner
From public records · entity-resolved
Hz Props Re Ltd
Individual
Free & Clear · 5 yrs held
Mailing address
4415 HWY 6TH 6, SUGAR LAND, TX 77478-4476
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 16, 2022
—
Zubha Pop Foods LLC
—
Deed
related
$58,240,800 · Bank Of America NA
Jul 12, 2021
—
Hz Props Re Ltd
—
Deed
related
$242,000,000 · Cadence Bank NA
Mar 24, 2021
$875,000
Hz Props Re Ltd
Kobold Colorado 5 LLC
Special Warranty Deed
—
Mar 1, 2018
—
Kobold Colorado 5 LLC
—
Deed
related
—
Aug 30, 2017
—
Kobold Colorado 5 LLC
—
Deed
related
$500,005 · Apogee Endeavors LLC
Oct 12, 2016
$850,000
Kobold Colorado 5 LLC
Lakeside Center LLC
Grant Deed
$525,000 · Private Individual
Jul 19, 2016
—
Lakeside Center LLC
—
Deed
related
$32,204,199 · Fifth Third Bk
Sep 19, 2014
—
Lakeside Center LLC
—
Grant Deed
related
$23,309,430 · Fifth Third Bk
—
—
Lakeside Center LLC
—
Loan Modification
related
$32,204,199 · Fifth Third Bk
—
—
Kobold Colorado 5 LLC
—
Deed Of Trust
related
$500,005 · Apogee Endeavors LLC
—
—
Kobold Colorado 5 LLC
—
Deed Of Trust
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.
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