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Property profile & analytics
OFF-MARKET Estimated value $1,725,000
Retail space

629 Colfax Ave Denver, CO 80203-2019

10,086 SF 0.42 ac lot Built 1938
Individually Owned 12-yr Hold ~ Est. High Equity
Property ID
US13-0590692
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1938
Construction WOOD
Total area 10,086 SF
Lot 0.42 ac (18,200 SF)
Zoning code C-MS-8
APN 02349-24-027-000
UPID US13-0590692
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
  • Sabores Restaurant
  • Hunk-O-Mania Male Revue Strip Club & Male Strippers Theater & Performing Art Venue Music Venue
  • X BAR Nightclub DJ & Entertainment
  • Saffron Grill at XBar Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.13M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.73M
Owner & transaction history
Pesqualix Ltd · 12 yrs held
Pesqualix Ltd
since 2014
1 recorded transaction
2014
$950,000
Zoning & alternative use
C-MS-8 · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

C-MS-8 Main Street 8 C-MS-12 Main Street 12 C-CCN-3 C-CCN-4 C-CCN-5 C-CCN-7 C-CCN-8 C-CCN-12 Cherry Creek North 3 Cherry Creek North 4 Cherry Creek North 5 Cherry Creek North 7 Cherry Creek North 8 Cherry Creek North 12 SE CTION 7.2.2 MIXED USE DISTRICTS (C-MX-3, -5, -8, -12, -16, -20) 7.2.2.1 General Purpose A. The Mixed Use zone districts are intended to p…

Zone name Urban Center Neighborhood Context Main Street 8
General category MIXED_USE
Zone area 123.28 ac
Source Denver Zoning Code
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