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Property profile & analytics
FOR SALE
Bars & Pubs
5686 North Pecos St Denver, CO 80221
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US13-2422751
For Sale
1 / 9
$959,000
5686 North Pecos St, Denver, CO 80221
View Listing →
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1957
Total area
1,500 SF
Lot
0.16 ac (6,970 SF)
APN
R0103416
UPID
US13-2422751
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
-
Boombox Brew Bar Restaurant
-
Ari's Tavern Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$575k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$747k
Blend (final)
Blend
$600k
Owner & transaction history
Boom Box R E LLC · 4 yrs held
Boom Box R E LLC
since 2022
Last sale
$620,000
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
$580,000
ML approach
$575,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$615,000
Current use
AUTO REPAIR, GARAGE
$600,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$600k
Range $540k – $660k · ±10% · vs last sale $620k (Mar 15 2022)
Last sale anchor
$620k
Mar 15 2022
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
$400 / 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
$20,851
Tax year 2023
Assessed value
$175,160
Assessed 2023
Previous assessed
$110,540
+58.5% YoY
Effective rate
11.90%
On assessed value
Assessed land
$43,750
Assessed improvement
$131,410
Land market value
$156,810
Improvement market value
$470,990
Total market value
$627,800
Applied tax rate
491.0000
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
For Sale
Year built
1957
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
1,500 SF
Lot
0.16 ac (6,970 SF)
APN
R0103416
UPID
US13-2422751
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
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$615,000
AUTO REPAIR, GARAGE
Est. value
$600,000
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
1957
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Boom Box R E LLC
Entity
Mailing address
5135 TEJON ST, DENVER, CO 80221-1309
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 15, 2022
$620,000
Boom Box R E LLC
Theodore C Casitillo
Special Warranty Deed
$472,500 · Rocky Mountain Bank And Trust
Dec 14, 2021
$620,000
Boom Box Rc LLC
Theodore G Castillo
Special Warranty Deed
$472,500 · Rocky Mountain Bank And Trust
Dec 2, 2021
$104,700
County Of Adams
Theodore G Castillo
Warranty Deed
—
Aug 31, 2021
$104,700
Dcounty Of Adams
Theodore G Castillo
Warranty Deed
—
Dec 17, 2018
$380,000
Theodore G Castillo
Pacheco,michael
Grant Deed
—
Jan 28, 2013
—
Michael Pacheco
Jm Investments LLC
Quit Claim Deed
related
—
Jan 28, 2010
$60,000
Jm Investments LLC
Pacheco,michael
Grant Deed
—
Jan 28, 2010
$180,000
Michael Pacheco
United Ctrl Bk
Grant Deed
—
Jan 9, 2009
—
United Central Bank
Public Trustee Of Adams County
Trustees Deed
related
—
Dec 3, 2008
$250,000
Smittys LLC
Public Trustee Of Adams County
Certificate Of Purchase
$376,800
Jun 5, 2006
$375,000
Smittys LLC
Moynahan,mark
Grant Deed
$376,800 · United Central Bank
Sep 13, 2004
$175,000
Mark Moynahan
Richter,scott
Warranty Deed
—
Nov 25, 2002
$175,000
Mark Moyahan
Richter,scott
Grant Deed
$135,000 · Scott Richter
—
—
Effins
—
Deed Of Trust
related
$42,000 · M&l Holdings Ltd Liability Co
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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