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Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Sports & entertainment properties
7211 Evans Ave Denver, CO 80224-2407
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US13-0103050
Property profile
Verified
Property type
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Year built
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
19,630 SF
Lot
2.43 ac (105,964 SF)
APN
1973-29-1-06-003
UPID
US13-0103050
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
-
Planet Fitness Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$643k
Blend (final)
Blend
$645k
Owner & transaction history
Vista Park I-j LLC|5440 W 25th Parnters LLC · 11 yrs held
Vista Park I-j LLC|5440 W 25th Parnters LLC
since 2014
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RECREATIONAL/ENTERTAINMENT (GENERAL)
$470,000
Current use
Blend value · Realmo final
$645k
Range $581k – $710k · ±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
$33 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$69,193
Tax year 2021
Assessed value
$798,219
Assessed 2023
Previous assessed
$771,110
+3.5% YoY
Effective rate
8.67%
On assessed value
Land market value
$847,712
Improvement market value
$2,043,288
Total market value
$2,891,000
Applied tax rate
1,919.0000
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
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Status
Off-Market
Year built
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Buildings
3
Stories
2
Bathrooms
7
Total area
19,630 SF
Lot
2.43 ac (105,964 SF)
APN
1973-29-1-06-003
UPID
US13-0103050
Jurisdiction
ARAPAHOE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
Est. value
$470,000
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
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
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
2
Buildings
3
Bathrooms
7
Lot
2.43 ac
Current owner
From public records · entity-resolved
Vista Park I-j LLC|5440 W 25th Parnters LLC
Entity
Mailing address
6834 S UNIVERSITY BLVD #140, CENTENNIAL, CO 80122-1515
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 8, 2021
—
7211 Evans Partners LLC
—
Deed
related
$2,338,000 · Firstbank
Sep 20, 2017
—
7211 E Evans Partners LLC
—
Deed
related
$2,015,000 · Mountain View Bk/commerce
Dec 23, 2014
$2,365,000
Vista Park I-j LLC|5440 W 25th Parnters LLC
Rentalsdenver LLC
Grant Deed
—
Dec 23, 2014
—
7211 Evans Partners LLC
Vista Park I-j LLC
Quit Claim Deed
related
$1,350,000 · Mountain View Bk/commerce
Jul 30, 2010
$850,000
Rentalsdenver LLC
Pep Boys-manny Moe & Jack Of Dela
Grant Deed
—
Aug 11, 2008
$3,021,300
Pep Boys-manny Moe & Jack Of Dela
Wachovia Dev Corp
Grant Deed
—
Mar 13, 2006
$65,259
County Of Arapahoe
Wachovia Dev Corp
Warranty Deed
related
—
—
—
Rentalsdenver LLC
—
Deed Of Trust
related
$1,400,000 · Solera National Bank
—
—
7211 E Evans Partners LLC
—
Loan Modification
related
$2,015,000 · Mountain View Bk/commerce
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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