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

    600 Colorado Blvd Denver, CO 80246-1503

    • Hotels
    • 104,782 SF
    • 2.61 lot acres
    OFF-MARKET
    Value Estimations
    $15,800,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-1180330
    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

    • Hilton Garden Inn Denver/Cherry Creek / Hotel & Motel
    • hotel / Hotel & Motel
    • CitySet Cherry Creek Parking (Propark) / Parking Lot & Garage
    • Force Cash Advance / Loan Service
    • Rachael Steinmetz I Realtor / Real Estate Agency

    Property Details for 600 Colorado Blvd

    Year built
    2009
    Construction
    CONCRETE
    Lot size
    2.61 lot acres
    Property size
    104,782 SF
    Property type
    Hotels
    Property subtype
    Motels
    APN
    1973-18-2-16-001
    APU
    197318216001

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $25,305,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Arapahoe
    State
    Colorado
    Longitude
    -104.94
    Latitude
    39.7053
    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
    2021
    $421,639
    $0.00
    $0.00
    $5,233,482
    -
    $7,383,870
    $11,404,130
    $18,788,000

    Comparable in this City

    • Value Estimation
      $8,955,000
      88,596 SF

      670 Colorado Blvd

      HOTEL/MOTEL • 88,596 SF
      670 Colorado Blvd, Denver, CO 80246-1503
      View Details
    • Value Estimation
      $3,920,000
      16,796 SF

      4444 Leetsdale Dr

      HOTEL/MOTEL • 16,796 SF
      4444 Leetsdale Dr, Denver, CO 80246-1213
      View Details
    • Value Estimation
      $1,385,000
      14,052 SF

      1025 Colorado Blvd

      MOTEL • 14,052 SF
      1025 Colorado Blvd, Denver, CO 80246-2403
      View Details
    • Value Estimation
      $8,740,000
      81,922 SF

      4220 Virginia Ave

      MOTEL • 81,922 SF
      4220 Virginia Ave, Denver, CO 80246-1509
      View Details
    • Value Estimation
      $6,270,000
      38,376 SF

      4850 Leetsdale Dr

      MOTEL • 38,376 SF
      4850 Leetsdale Dr, Denver, CO 80246-1313
      View Details
    • Value Estimation
      $16,895,000
      141,793 SF

      455 Colorado Blvd

      HOTEL • 141,793 SF
      455 Colorado Blvd, Denver, CO 80246-8022
      View Details

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      Office Properties & Spaces • 2,612 SF
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    • $1,275,000

      Glendale Standalone Office Near Infinity Park

      Standalone office building in Glendale, ideal for various professional uses.
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    Similar Nearby for Lease

    • Contact for pricing
      3,875 SF

      Colorado Boulevard Retail Space Available

      High-visibility retail spaces available in a prime Denver location.
      760 S Colorado Blvd, Denver, CO 80246
      View Details
    • Contact for pricing
      5,662 SF

      SKYLINE PLAZA Retail Space

      Cherry Creek retail space, two units available.
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      128,000 SF

      Glendale Retail Space: 4 Mile District

      Prime Glendale retail, various sizes available.
      0 Virginia Ave & Cherry St, Glendale, CO 80246
      View Details
    • $50 SF/Yr
      552 SF

      Cherry Creek Executive Suites

      Denver Office Space for Lease
      501 Cherry St, Denver, CO 80246
      View Details
    • $216 SF/Yr
      4,171 SF

      Glendale Office Space For Lease

      Prime Glendale location, 4,171 sq ft office.
      4411 Kentucky Ave, Glendale, CO 80246
      View Details
    • Contact for pricing
      4,732 SF

      Medical Space on Leetsdale Drive

      Turn-key medical space with high traffic exposure and ample parking.
      4500 Leetsdale Dr, Denver, CO 80246
      View Details

    Property Visit Statistics

    • Visits by month
      19.2k
    • Visitors by month
      12.5k
    • Avg Time on site
      246 min
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    600 Colorado Blvd
    Denver, CO 80246-1503
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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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