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Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Retail space
6909 Hampden Ave Denver, CO 80224-3040
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US13-2553207
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1986
Construction
WOOD
Total area
3,348 SF
Lot
0.27 ac (11,700 SF)
Zoning code
B-3
APN
06324-00-019-000
UPID
US13-2553207
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
-
Len Larson Jewelry Co Big Box & Wholesale Store (Bike/Boat/Book/etc) Store
-
Midwest Cobblers Inc (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$705k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$635k
Owner & transaction history
Waxman Family Ents LLC · 13 yrs held
Waxman Family Ents LLC
since 2012
7 recorded transactions
Zoning & alternative use
B-3 · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district promotes multiple commercial uses like banking and financial services, food sales or market etc
Zone name
Business District
General category
COMMERCIAL
Zone area
459.83 ac
Source
Realmo
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%
$765,000
6.5%
$705,000
7%
$655,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,015,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$635k
Range $572k – $699k · ±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
$190 / 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
$18,722
Tax year 2023
Assessed value
$241,620
Assessed 2023
Previous assessed
$225,480
+7.2% YoY
Effective rate
7.75%
On assessed value
Assessed land
$89,560
Assessed improvement
$152,060
Land market value
$351,000
Improvement market value
$545,000
Total market value
$896,000
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
1986
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
6
Total area
3,348 SF
Lot
0.27 ac (11,700 SF)
Zoning code
B-3
APN
06324-00-019-000
UPID
US13-2553207
Jurisdiction
DENVER
Zoning & alternative use
B-3 · Denver, COZoning B-3 · permitted uses
B-3 · Denver, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district promotes multiple commercial uses like banking and financial services, food sales or market etc
Zone name
Business District
General category
COMMERCIAL
Zone area
459.83 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$1.0M
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1986
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
6
Lot
0.27 ac
Current owner
From public records · entity-resolved
Waxman Family Ents LLC
Entity
Mailing address
7045 E EXPOSITION AVE, DENVER, CO 80224-1513
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 27, 2012
—
Waxman Family Ents LLC
Waxman,robert
Quit Claim Deed
related
—
Sep 19, 2008
$896,000
Robert Waxman
Highland Properties 1708 LLC
Grant Deed
—
May 23, 2008
$896,000
Highland Properties 1708 LLC
Becker,john A
Grant Deed
$864,686 · Robert Waxman
Apr 25, 2005
$830,000
John A Becker
Bkt Properties LLC
Warranty Deed
$607,000 · Jeffrey W Bailey
Mar 12, 2003
$640,000
Bkt Properties LLC
Seven-eleven Hampden Ltd
Grant Deed
$480,000 · Firstbank Of Littleton
—
—
6909 Hampden Mortgage Ltd
—
Deed Of Trust
related
$250,000 · Seven-eleven Hampden INC
—
—
Bkt Properties LLC
—
Deed Of Trust
related
$472,000 · Jeffrey W Bailey
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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