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Property profile & analytics
OFF-MARKET
Estimated value
$19,275,000
Office buildings
600 Cherry St Denver, CO 80246-1702
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US13-2694082
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1974
Construction
CONCRETE
Total area
162,384 SF
Lot
2.87 ac (125,017 SF)
Zoning code
PUD
APN
1973-18-2-04-013
UPID
US13-2694082
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
-
Gary Hoggan, MD Physician
-
Selby Lynn M Physician Medical Clinic
-
Leon Ramirez Real Estate Agency
-
Office Denver Public Defender'S Office
-
Dukes Justin B DC Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$25.27M
Blend (final)
Blend
$19.28M
Owner & transaction history
Origin-cherry Crk Holding LLC · 6 yrs held
Origin-cherry Crk Holding LLC
since 2020
7 recorded transactions
Zoning & alternative use
PUD · Denver, CO
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$19.28M
Range $17.35M – $21.20M · ±10%
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
$119 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$537,655
Tax year 2021
Assessed value
$5,886,621
Assessed 2023
Previous assessed
$6,163,370
-4.5% YoY
Effective rate
9.13%
On assessed value
Land market value
$6,250,850
Improvement market value
$14,878,150
Total market value
$21,129,000
Applied tax rate
665.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1974
Construction
CONCRETE
Heating
NONE
Buildings
4
Stories
12
Bathrooms
226
Total area
162,384 SF
Lot
2.87 ac (125,017 SF)
Zoning code
PUD
APN
1973-18-2-04-013
UPID
US13-2694082
Jurisdiction
ARAPAHOE
Zoning & alternative use
PUD · Denver, CO
Zoning PUD · permitted uses
PUD · Denver, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Denver. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1974
Construction
CONCRETE
Heating
NONE
Stories
12
Buildings
4
Bathrooms
226
Lot
2.87 ac
Current owner
From public records · entity-resolved
Origin-cherry Crk Holding LLC
Entity
Mailing address
999 VANDERBILT BCH RD STE #701, NAPLES, FL 34108-3516
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 11, 2020
—
Origin-cherry Crk Holding LLC
Oi-creg Cherry Creek LLC
Grant Deed
$45,575 · Nxt Cap Invs Advisers LLC
Aug 27, 2019
—
Oi-creg Cherry Creek LLC
—
Deed
related
$27,350 · Private Individual
Dec 1, 2011
—
Corum Cherry Creek LLC
—
Deed Of Trust
related
$29,300,000 · Wcrt Seller LLC
Mar 18, 2011
—
Corum Cherry Creek LLC
—
Deed Of Trust
related
$28,650,000 · Wcrt Seller LLC
Jan 12, 2010
—
Corum Cherry Creek LLC
—
Deed Of Trust
related
$27,350,000 · Wcrt Seller LLC
Jul 22, 2005
$29,600,000
Corum Cherry Creek LLC
Texas Cherry Creek Plaza INC
Grant Deed
$27,200 · Wrightwood Cap Lndr
—
—
Oi-creg Cherry Creek LLC
—
Loan Modification
related
$27,350 · Private Individual
—
—
Corum Cherry Creek LLC
—
Loan Modification
related
$29,894,009 · Private Individual
—
—
Corum Cherry Creek LLC
—
Loan Modification
related
$30,050,093 · Private Individual
—
—
Corum Cherry Creek LLC
—
Loan Modification
related
$30,050,093 · Private Individual
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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