Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$705,000
Retail space
6805 Leetsdale Dr Denver, CO 80224-1522
Individually Owned
20-yr Hold
Free & Clear
Property ID
US13-0650632
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1968
Construction
WOOD
Total area
4,218 SF
Lot
0.14 ac (6,139 SF)
Zoning code
S-CC-3
APN
06174-07-021-000
UPID
US13-0650632
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
-
Aristocraft Counter & Floor Carpet & Flooring Store Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$890k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$705k
Owner & transaction history
Paul R Rice · 20 yrs held
Paul R Rice
since 2006
1 recorded transaction
Zoning & alternative use
S-CC-3 · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ti Unit 12 E-CC-3x Commercial Corridor 3x U-RH-2.5 Row House 2.5 S-MU-20 Multi Unit 20 E-CC-3 Commercial Corridor 3 U-RH-3A Row House 3A S-CC-3x Commercial Corridor 3x E-MX-2x Mixed Use 2x U-RX-3 Residential Mixed Use 3 S-CC-3 Commercial Corridor 3 E-MX-2A Mixed Use 2A U-RX-5 Residential Mixed Use 5 S-CC-5x Commercial Corridor 5x E-MX-2 Mixed Use 2 U-MX-2x M…
Zone name
Suburban Neighborhood Context Commercial Corridor 3
General category
COMMERCIAL
Zone area
84.79 ac
Source
Denver Zoning Code
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%
$960,000
6.5%
$890,000
7%
$825,000
Blend value · Realmo final
$705k
Range $635k – $776k · ±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
$167 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$19,952
Tax year 2023
Assessed value
$257,490
Assessed 2023
Previous assessed
$233,280
+10.4% YoY
Effective rate
7.75%
On assessed value
Assessed land
$25,890
Assessed improvement
$231,600
Land market value
$122,800
Improvement market value
$830,100
Total market value
$952,900
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1968
Construction
WOOD
Heating
YES
Stories
2
Units
8
Total area
4,218 SF
Lot
0.14 ac (6,139 SF)
Zoning code
S-CC-3
APN
06174-07-021-000
UPID
US13-0650632
Jurisdiction
DENVER
Zoning & alternative use
S-CC-3 · Denver, COZoning S-CC-3 · permitted uses
S-CC-3 · Denver, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ti Unit 12 E-CC-3x Commercial Corridor 3x U-RH-2.5 Row House 2.5 S-MU-20 Multi Unit 20 E-CC-3 Commercial Corridor 3 U-RH-3A Row House 3A S-CC-3x Commercial Corridor 3x E-MX-2x Mixed Use 2x U-RX-3 Residential Mixed Use 3 S-CC-3 Commercial Corridor 3 E-MX-2A Mixed Use 2A U-RX-5 Residential Mixed Use 5 S-CC-5x Commercial Corridor 5x E-MX-2 Mixed Use 2 U-MX-2x Mixed Use 2x S-CC-5 Commercial Corridor 5 E-MX-3A Mixed Use 3A U-MX-2 Mixed Use 2 S-MX-
Zone name
Suburban Neighborhood Context Commercial Corridor 3
General category
COMMERCIAL
Zone area
84.79 ac
Source
Denver Zoning Code
Building & site characteristics
From public records
Year built
1968
Construction
WOOD
Heating
YES
Stories
2
Units
8
Lot
0.14 ac
Current owner
From public records · entity-resolved
Paul R Rice
Individual
Free & Clear · 20 yrs held
Mailing address
6805 LEETSDALE DR, DENVER, CO 80224-1522
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 7, 2006
—
Paul R Rice
Rice,jean M
Quit Claim Deed
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 6805 Leetsdale Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
