Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    575 Broadway Denver, CO 80209

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    575 Broadway Denver, CO 80209

    View on Map
    • Strip malls
    • 62,249 SF
    • 2.00 lot acres
    Off-Market
    Property ID
    US13-1046262
    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.
    Value Estimations
    $8,175,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Muffin Muse Bakery / Bakery / Specialty Food Shop

    Property Details for 575 Broadway

    Year built
    1987
    Construction
    CONCRETE
    Lot size
    2.00 lot acres
    Property size
    62,249 SF
    Zone code
    C-MX-16
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    05152-00-046-000
    APU
    515200046000

    Description

    This exceptional 64,000-square-foot warehouse and industrial space is ideally situated in Denver's vibrant Design District at 575 S Broadway, near the intersection of Center Ave. and Bannock. The property offers a single tenancy and is categorized as retail, warehouse, industrial, and showroom space, providing significant flexibility for various business needs. Its prime location boasts easy access to major thoroughfares including I-25, Broadway, Lincoln, and Alameda avenues, ensuring convenient transportation and logistics. The surrounding area is thriving, with proximity to the Washington Park and Baker neighborhoods, and established retailers such as Sam's Club and Safeway. This property benefits from its position within the 75-acre mixed-use redevelopment of Broadway Park and the Denver Design District, a dynamic area featuring approximately 250,000 square feet of space, including 40 showrooms. The building itself does not have elevators. Flexible demising options are available, allowing for customization to suit diverse space requirements and layouts. This presents a unique opportunity to establish a presence in a rapidly growing and highly sought-after Denver location. The property's zip code is 80209.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Denver
    State
    Colorado
    Longitude
    -104.989
    Latitude
    39.7062
    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
    $225,218
    $2,906,290
    $280
    $2,906,570
    -
    $10,446,800
    $1,000
    $10,447,800

    Comparable in this City

    • Value Estimation
      $2,185,000
      10,597 SF

      333 Alameda Ave

      SHOPPING CENTER, STRIP CENTER • 10,597 SF
      333 Alameda Ave, Denver, CO 80209-1735
      View Details
    • Value Estimation
      $3,485,000
      17,798 SF

      545 Broadway

      SHOPPING CENTER, STRIP CENTER • 17,798 SF
      545 Broadway, Denver, CO 80209-4067
      View Details
    • Value Estimation
      $18,900,000
      178,250 SF

      595 Broadway

      SHOPPING CENTER, STRIP CENTER • 178,250 SF
      595 Broadway, Denver, CO 80209-4077
      View Details
    • Value Estimation
      $2,075,000
      13,511 SF

      76 Pennsylvania St

      SHOPPING CENTER, STRIP CENTER • 13,511 SF
      76 Pennsylvania St, Denver, CO 80209-1916
      View Details
    • Value Estimation
      $2,500,000
      14,966 SF

      2 Broadway, Unit 14

      SHOPPING CENTER, STRIP CENTER • 14,966 SF
      2 Broadway, Denver, CO 80209-1506
      View Details
    • Value Estimation
      $7,475,000
      19,644 SF

      300 Alameda Ave

      SHOPPING CENTER, STRIP CENTER • 19,644 SF
      300 Alameda Ave, Denver, CO 80209-1757
      View Details

    Similar Nearby for Sale

    • $5,995,000
      18,584 SF

      South Broadway Infill Asset

      18,584 SF Denver property with showroom/retail space for sale.
      475 S Broadway, Denver, CO 80209
      View Details
    • $1,495,000

      South Broadway Retail/Office Opportunity

      Versatile retail or office space in a vibrant location.
      56 S Broadway, Denver, CO 80209
      View Details
    • Contact for pricing
      3,000 SF

      Mixed-Use Live-Work Property

      Ground floor retail, second floor apartment near Alameda & Broadway.
      246 S Broadway, Denver, CO 80209
      View Details
    • Contact for pricing

      Modernized Retail Building on Broadway

      High-traffic location, modernized building, flexible layout, ideal for various uses.
      324-334 S Broadway, Denver, CO 80209
      View Details
    • Contact for pricing
      12,500 SF

      Restaurant/Retail Building Near Costco

      12,500 SF divisible restaurant/retail building in a dense area.
      2200 Alameda Ave, Denver, CO 80209
      View Details

    Similar Nearby for Lease

    • $36 SF/Yr
      17,483 SF

      Retail Space on South Broadway

      Retail space in high-traffic area with ample parking.
      545 South Broadway, Denver, CO 80209
      View Details
    • Contact for pricing
      3,380 SF

      Retail Spaces Available For Rent

      Retail spaces available, ranging from 1,747 to 4,850 SF.
      7400-7490 S University Blvd, Centennial, CO 80209
      View Details
    • Contact for pricing
      1,770 SF

      Restaurant Space at 6th & Broadway

      Second generation restaurant space available for lease.
      525-575 Lincoln St, Denver, CO 80209
      View Details
    • Contact for pricing
      2,250 SF

      Retail Space Near Southglenn Streets

      Retail space available near high-traffic intersection and established businesses.
      6856-6876 S University Blvd, Centennial, CO 80209
      View Details
    • Contact for pricing
      1,821 SF

      Cherry Creek East Retail/Office Space

      Retail and office spaces in Cherry Creek East available for rent.
      75 S Madison St, Denver, CO 80209
      View Details
    • $25 SF/Yr

      South Broadway Retail or Office

      2,610 SF retail or office space in thriving location.
      56 S Broadway, Denver, CO 80209
      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.
    575 Broadway
    Denver, CO 80209
    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.
    Sign Up Successful!
    You now have access to more from Realmo!