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

    5775 Dartmouth Ave Denver, CO 80227-5552

    • Garden apartment buildings
    • 298,770 SF
    • 16.55 lot acres
    OFF-MARKET
    Last Sale
    Dec 11, 2023
    $76,000,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-0437081
    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

    • Cryptid Apothecary / Clothing & Fashion Store
    • Bear Valley Park Apartments / Real Estate Agency
    • Palencia's Insulation Llc / Building Supply / Big Box & Wholesale Store

    Property Details for 5775 Dartmouth Ave

    Year built
    2003
    Construction
    WOOD
    Lot size
    16.55 lot acres
    Property size
    298,770 SF
    Zone code
    PUD
    Property type
    Garden apartment buildings
    APN
    04364-00-023-000
    APU
    436400023000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      Off market

    • CAP approach

      CAP Return
      Estimation
      6%
      $75,605,000
      6.5%
      $69,790,000
      7%
      $64,805,000

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $92,875,000
      Current use
      RESTAURANT
      $122,190,000
      Change: +32% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $119,665,000
      Change: +29% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $96,970,000
      Change: +4% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $96,705,000
      Change: +4% Conversion: Moderate
      RETAIL STORES
      $96,085,000
      Change: +3% Conversion: Difficult
      MEDICAL BUILDING
      $90,720,000
      Change: -2% Conversion: Moderate
      OFFICE BUILDING
      $76,455,000
      Change: -18% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Denver
    State
    Colorado
    Longitude
    -105.057
    Latitude
    39.6572
    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
    $516,744
    $608,590
    $6,060,280
    $6,668,870
    -
    $9,138,400
    $90,452,000
    $99,590,400

    Comparable in this City

    • Value Estimation
      $4,095,000
      20,032 SF

      3490 Fenton St

      GARDEN APT, COURT APT (5+ UNITS) • 20,032 SF
      3490 Fenton St, Denver, CO 80227
      View Details
    • Value Estimation
      $14,200,000
      85,278 SF

      5300 Warren Ave

      GARDEN APT, COURT APT (5+ UNITS) • 85,278 SF
      5300 Warren Ave, Denver, CO 80227-3930
      View Details
    • Value Estimation
      $7,035,000
      16,866 SF

      5605 Warren Ave

      GARDEN APT, COURT APT (5+ UNITS) • 16,866 SF
      5605 Warren Ave, Denver, CO 80227-3628
      View Details
    • Value Estimation
      $515,000
      2,248 SF

      5780 Warren Ave, Unit 5782

      GARDEN APT, COURT APT (5+ UNITS) • 2,248 SF
      5780 Warren Ave, Denver, CO 80227-3918
      View Details
    • Value Estimation
      $5,450,000
      34,596 SF

      2172 Eaton St

      GARDEN APT, COURT APT (5+ UNITS) • 34,596 SF
      2172 Eaton St, Denver, CO 80227-3625
      View Details
    • Value Estimation
      $1,680,000
      9,982 SF

      1945 Depew St

      GARDEN APT, COURT APT (5+ UNITS) • 9,982 SF
      1945 Depew St, Denver, CO 80227-3732
      View Details

    Similar Nearby for Sale

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      17,370 SF

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      12-unit multifamily property in Lakewood, Colorado.
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      Well-maintained 9-unit property with townhomes in a residential neighborhood.
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    • $300,000
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      Remodeled Ranch-Style Townhome with Upgrades

      Updated 2-bedroom, 1-bath townhome with modern amenities and convenient location.
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      Luxury Home Site Opportunity

      Private, gated community with custom home sites available.
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      Denver Land Opportunity

      Land available for sale in Denver, Colorado.
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    • $1,699,999
      5,186 SF

      Lakewood Car Wash & Lube Business

      Profitable Car Wash & Lube, High Traffic Area
      3443 Vance St, Lakewood, CO 80227
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      82,581 SF

      Lakewood Retail Center Opportunity

      Two Suites Available, High Traffic Area
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      View Details
    • $16 SF/Yr
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      Denver Office Space for Lease

      Prime Denver Office, 2 Suites Available
      7550 Yale Ave, Denver, CO 80227
      View Details
    • $250 SF/Yr
      1,184 SF

      Well-Maintained Office Complex for Lease

      Office space for lease with ample parking and key code access.
      7550 W Yale Ave, Denver, CO 80227
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    • $15 SF/Yr
      30,475 SF

      South Target Village Retail Space

      Denver retail center, abundant parking.
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    • $19 SF/Yr
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      Office Space Available For Rent

      Office space available for rent in Denver, CO.
      5353 Dartmouth Ave, Denver, CO 80227
      View Details
    • $9 SF/Yr
      36,088 SF

      Woodlake Center: Prime Retail/Office Space

      Thriving location, multiple spaces available.
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      View Details
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    5775 Dartmouth Ave
    Denver, CO 80227-5552
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    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
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