Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    615 Havana St Denver, CO 80012-1902

    • Warehouses
    • 61,551 SF
    • 2.27 lot acres
    OFF-MARKET
    Value Estimations
    $4,940,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-1008066
    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

    • U-Haul Moving & Storage at South Havana / Car Rental Facility
    • Trailer Hitches at U-Haul / Auto Parts Store
    • Truck Sales at U-Haul / Car Dealership
    • Trailer Rental at U-Haul / (Bike/Boat/Book/etc) Store / Rental Equipment Company
    • U-Box at U-Haul / Storage Facility

    Property Details for 615 Havana St

    Year built
    1984
    Construction
    STEEL FRAME
    Lot size
    2.27 lot acres
    Property size
    61,551 SF
    Zone code
    B-4
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    06151-05-009-000
    APU
    615105009000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Denver
    State
    Colorado
    Longitude
    -104.867
    Latitude
    39.7052
    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
    $168,353
    $405,110
    $1,767,580
    $2,172,690
    -
    $1,482,000
    $6,335,400
    $7,817,400

    Comparable in this City

    • Value Estimation
      $1,485,000
      10,512 SF

      10 Potomac St

      MINI-WAREHOUSE, STORAGE • 10,512 SF
      10 Potomac St, Aurora, CO 80012-1311
      View Details
    • Value Estimation
      $3,025,000
      37,422 SF

      585 Havana St

      MINI-WAREHOUSE, STORAGE • 37,422 SF
      585 Havana St, Aurora, CO 80012
      View Details
    • Value Estimation
      $5,675,000
      45,370 SF

      13790 Mississippi Ave

      MINI-WAREHOUSE, STORAGE • 45,370 SF
      13790 Mississippi Ave, Aurora, CO 80012-3690
      View Details
    • Value Estimation
      $6,380,000
      75,304 SF

      1660 Abilene St

      MINI-WAREHOUSE, STORAGE • 75,304 SF
      1660 Abilene St, Aurora, CO 80012-5590
      View Details
    • Value Estimation
      $570,000
      5,055 SF

      595 Havana St

      WAREHOUSE, STORAGE • 5,055 SF
      595 Havana St, Aurora, CO 80012
      View Details
    • Value Estimation
      $945,000
      4,936 SF

      14489 Iowa Dr

      R&D FACILITY, LABS, PHARMA • 4,936 SF
      14489 Iowa Dr, Aurora, CO 80012
      View Details

    Similar Nearby for Sale

    • $3,965,971
      16,620 SF

      Denver Industrial Investment Opportunity

      Industrial property in Montbello Industrial Park with long-term lease.
      4800 Oakland St, Denver, CO 80012
      View Details
    • Contact for pricing
      1,500 SF

      Havana Street Commercial Property For Sale

      Commercial property with RV dump station, gated access, and clubhouse.
      9658 Havana St, Commerce City, CO 80012
      View Details
    • $3,995,000
      2.20 Acres

      Aurora I-225 Corner Redevelopment Site

      Prime 2.2-acre infill site, high traffic location.
      13731 Mississippi Ave, Aurora, CO 80012
      View Details
    • $299,000
      1,036 SF

      Well-Maintained Townhome with Modern Finishes

      Stylish two-bedroom townhome featuring modern amenities and a private patio.
      14242 E Hawaii Cir, Aurora, CO 80012
      View Details
    • Contact for pricing
      158 SF

      Aurora Land Near Airport

      Divisible land parcels near major transportation routes and Denver Airport.
      4275 N Hudson Rd, Denver, CO 80012
      View Details
    • Contact for pricing
      2.08 Acres

      Aurora Commercial Land Opportunity

      2.08-Acre Lot, Mixed-Use Zoning
      1000 Uvalda St, Aurora, CO 80012
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      65,810 SF

      Industrial Space Near Airport

      Industrial sublease with dock high and drive-in loading.
      5503 Havana St, Denver, CO 80012
      View Details
    • Contact for pricing
      45,630 SF

      Denver Distribution Warehouse for Lease

      Class A distribution building with easy access to major interstates.
      5301 Peoria St, Denver, CO 80012
      View Details
    • Contact for pricing
      6,480 SF

      Warehouse Space Near I-70

      Sublease space ideal for storage and light distribution with easy access.
      5401 Oswego St, Denver, CO 80012
      View Details
    • $10 SF/Yr
      87,995 SF

      Southeast Aurora Business Center

      88,000 SF Flex Space Available
      14100-14190 Jewell Ave, Aurora, CO 80012
      View Details
    • Contact for pricing
      172,627 SF

      High-Image Industrial Space Available

      Stand-alone industrial building with office space and ample parking.
      3801 Havana St, Denver, CO 80012
      View Details
    • Contact for pricing
      2,690 SF

      Retail Spaces Near Light Rail

      Retail spaces available in new mixed-use transit-oriented development.
      2337-2367 S Blackhawk St, Aurora, CO 80012
      View Details

    Property Visit Statistics

    • Visits by month
      912
    • Visitors by month
      814
    • Avg Time on site
      41 min
    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.
    615 Havana St
    Denver, CO 80012-1902
    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!