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Property profile & analytics
OFF-MARKET
Estimated value
$995,000
Medical Office Space
7120 Hampden Ave 101 Denver, CO 80224-3048
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US13-1105707
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1978
Construction
WOOD
Total area
3,370 SF
Lot
0.28 ac (12,402 SF)
Zoning code
S-MX-3
APN
07051-01-025-025
UPID
US13-1105707
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
-
Thriveology, LLC Medical Clinic Physician
-
Your Healing Place Alternative Medicine Practice
-
Laura Underhill, DC Alternative Medicine Practice
-
Colorado Exotic Animal Hospital Veterinary Clinic
-
Reese & Co Portraits Photography Service (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$995k
CAP Approach
CAP
$685k
Comparable Approach
Comparable
$859k
Blend (final)
Blend
$995k
Owner & transaction history
744 N Center Mesa LLC · 3 yrs held
744 N Center Mesa LLC
since 2022
Last sale
$1.1M
2 recorded transactions
Zoning & alternative use
S-MX-3 · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.4M
+31.9%
Neighborhood: shopping center
$1.1M
+6.9%
Commercial (general)
$1.1M
+6.6%
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
$995,000
ML approach
$995,000
CAP Approach
CAP Return
Estimation
6%
$745,000
6.5%
$685,000
7%
$640,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,025,000
Current use
AUTO REPAIR, GARAGE
$1,350,000
Change: +32% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,095,000
Change: +7% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,090,000
Change: +7% · Conversion: Easy
RETAIL STORES
$1,085,000
Change: +6% · Conversion: Difficult
OFFICE BUILDING
$860,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$995k
Range $896k – $1.09M · ±10% · vs last sale $1.07M (Aug 24 2022)
Last sale anchor
$1.07M
Aug 24 2022
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
$295 / 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
$13,923
Tax year 2023
Assessed value
$179,680
Assessed 2023
Previous assessed
$146,710
+22.5% YoY
Effective rate
7.75%
On assessed value
Assessed land
$95,420
Assessed improvement
$84,260
Land market value
$372,000
Improvement market value
$302,000
Total market value
$674,000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1978
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
8
Total area
3,370 SF
Lot
0.28 ac (12,402 SF)
Zoning code
S-MX-3
APN
07051-01-025-025
UPID
US13-1105707
Jurisdiction
DENVER
Zoning & alternative use
S-MX-3 · Denver, CO
Zoning S-MX-3 · permitted uses
S-MX-3 · Denver, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Denver. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$1.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.1M
RETAIL STORES
Est. value
$1.1M
OFFICE BUILDING
Est. value
$860,000
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
RETAIL STORES
OFFICE 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
1978
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
8
Lot
0.28 ac
Current owner
From public records · entity-resolved
744 N Center Mesa LLC
Entity
Mailing address
8786 E CORTE CAIDA DEL SOL, TUCSON, AZ 85715-5655
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 24, 2022
$1,065,000
744 N Center Mesa LLC
The Properties Of Healing LLC
Special Warranty Deed
$852,000 · Sunflower Bank NA
Jan 14, 2022
$805,800
The Properties Of Healing LLC
Parkside Professional Properties Ll
Special Warranty Deed
—
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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