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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Medical Office Space
7120 Hampden Ave 102 Denver, CO 80224-3048
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US13-2803866
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1989
Construction
WOOD
Total area
2,032 SF
Lot
0.17 ac (7,601 SF)
Zoning code
S-MX-3
APN
07051-01-026-026
UPID
US13-2803866
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
$545k
CAP Approach
CAP
$415k
Comparable Approach
Comparable
$489k
Blend (final)
Blend
$550k
Owner & transaction history
Mugs Enterprise LLC · 3 yrs held
Mugs Enterprise LLC
since 2022
Last sale
$635,000
4 recorded transactions
Zoning & alternative use
S-MX-3 · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$815,000
+31.9%
Neighborhood: shopping center
$660,000
+6.9%
Commercial (general)
$660,000
+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
$595,000
ML approach
$545,000
CAP Approach
CAP Return
Estimation
6%
$450,000
6.5%
$415,000
7%
$385,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$615,000
Current use
AUTO REPAIR, GARAGE
$815,000
Change: +32% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$660,000
Change: +7% · Conversion: Difficult
COMMERCIAL (GENERAL)
$660,000
Change: +7% · Conversion: Easy
RETAIL STORES
$655,000
Change: +6% · Conversion: Difficult
OFFICE BUILDING
$520,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$550k
Range $495k – $605k · ±10% · vs last sale $635k (Jul 26 2022)
Last sale anchor
$635k
Jul 26 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
$271 / 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
$7,917
Tax year 2023
Assessed value
$102,170
Assessed 2023
Previous assessed
$103,850
-1.6% YoY
Effective rate
7.75%
On assessed value
Assessed land
$55,240
Assessed improvement
$46,930
Land market value
$228,000
Improvement market value
$168,200
Total market value
$396,200
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
1989
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
9
Total area
2,032 SF
Lot
0.17 ac (7,601 SF)
Zoning code
S-MX-3
APN
07051-01-026-026
UPID
US13-2803866
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
$615,000
AUTO REPAIR, GARAGE
Est. value
$815,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$660,000
COMMERCIAL (GENERAL)
Est. value
$660,000
RETAIL STORES
Est. value
$655,000
OFFICE BUILDING
Est. value
$520,000
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
1989
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
9
Lot
0.17 ac
Current owner
From public records · entity-resolved
Mugs Enterprise LLC
Entity
Mailing address
12 SILVER ASPEN, LITTLETON, CO 80127-3509
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 26, 2022
$635,000
Mugs Enterprise LLC
The Properties Of Healing LLC
Special Warranty Deed
—
Sep 21, 2007
$345,385
The Properties Of Healing LLC
Parkside Professional Properties Ll
Warranty Deed
$378,250 · Firstier Bank
—
—
Properties Of Healing LLC
—
Deed Of Trust
related
$335,000 · Bank Of The West
—
—
Properties Of Healing LLC
—
Deed Of Trust
related
$378,480 · Colorado Housing & Finance Aut
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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