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Property profile & analytics
OFF-MARKET Estimated value $680,000
Office buildings

5961 38th Ave Denver, CO 80207-1252

3,934 SF 0.53 ac lot Built 1960
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US13-2533409
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1960
Construction STEEL FRAME
Total area 3,934 SF
Lot 0.53 ac (23,205 SF)
Zoning code I-MX-3
APN 01203-00-059-000
UPID US13-2533409
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$945k
Comparable Approach Comparable
$938k
Blend (final) Blend
$680k
Owner & transaction history
High Mark Re LLC · 7 yrs held
High Mark Re LLC
since 2019
5 recorded transactions
2019
$700,000
2008
$320,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
I-MX-3 · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

A. I-MX Industrial Mixed Use Districts (I-MX-3,-5, -8, -12) 1. General Purpose a. The Industrial Mixed Use districts are intended to develop in a pedestrian-oriented pattern, with buildings built up to the street and an active Street Level. b. The Industrial Mixed Use districts are also intended to provide a transition between mixed use areas and I-A or I-B…

Zone name Industrial Mixed Use Context District 3
General category MIXED_USE
Zone area 728.80 ac
Source Denver Zoning Code
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