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Property profile & analytics
OFF-MARKET
Estimated value
$945,000
Retail space
7540 Colfax Ave Denver, CO 80220-1949
Entity Owned
~
Est. High Equity
Property ID
US13-1564213
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1969
Construction
WOOD
Total area
5,692 SF
Lot
0.28 ac (12,200 SF)
Zoning code
E-MS-3
APN
06042-06-017-000
UPID
US13-1564213
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.20M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$945k
Owner & transaction history
Abeba LLC
Abeba LLC
since 2026
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
E-MS-3 · Denver, CO
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%
$1,300,000
6.5%
$1,200,000
7%
$1,115,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,525,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$945k
Range $851k – $1.04M · ±10% · vs last sale $1.08M (Jan 13 2026)
Last sale anchor
$1.08M
Jan 13 2026
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
$166 / 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
$22,051
Tax year 2023
Assessed value
$284,580
Assessed 2023
Previous assessed
$290,530
-2.0% YoY
Effective rate
7.75%
On assessed value
Assessed land
$110,760
Assessed improvement
$173,820
Land market value
$427,000
Improvement market value
$623,000
Total market value
$1,050,000
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
1969
Construction
WOOD
Heating
YES
Stories
1
Units
9
Total area
5,692 SF
Lot
0.28 ac (12,200 SF)
Zoning code
E-MS-3
APN
06042-06-017-000
UPID
US13-1564213
Jurisdiction
DENVER
Zoning & alternative use
E-MS-3 · Denver, CO
Zoning E-MS-3 · permitted uses
E-MS-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
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.5M
APARTMENT HOUSE (5+ UNITS)
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
1969
Construction
WOOD
Heating
YES
Stories
1
Units
9
Lot
0.28 ac
Current owner
From public records · entity-resolved
Abeba LLC
Entity
Mailing address
PO BOX 4380, KETCHUM, ID 83340-4380
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
22 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2026
$1,075,000
Abeba LLC
E Colfax LLC
Warranty Deed
$885,000 · E Colfax LLC
Jan 3, 2018
$958,500
E Colfax LLC
Clairbridge Companies LLC
Grant Deed
—
Apr 14, 2015
$839,000
Clairbridge Companies LLC
7540 Colfax LLC
Grant Deed
$462,366 · Rawlins Nat'l Bk
Nov 25, 2013
—
7540 Colfax LLC
Samsam Capital LLC
Quit Claim Deed
related
$100,000 · Sure Investments LLC
Jul 17, 2013
—
Samsam Capital LLC
Sure Investments LLC
Quit Claim Deed
related
—
Jul 26, 2012
—
Samsam Capital LLC
Braun Consulting Group LLC
Quit Claim Deed
related
—
Jul 12, 2011
—
Braun Consulting Group LLC
7520 Colfax LLC
Quit Claim Deed
related
—
Jun 6, 2011
—
Samsam Capital LLC
—
Trustees Deed
related
$500,000 · Samuel M Spoone
Dec 30, 2008
—
7520 Colfax LLC
Sure Investments LLC
Quit Claim Deed
related
—
Sep 29, 2007
—
Sure Investments LLC
Samsam Capital LLC
Quit Claim Deed
related
—
Jul 18, 2007
$617,422
City & Cnty Of Denver Of Oed/dhnd
Public Trustee Of Denver County
Redemption Deed
related
—
Jul 18, 2007
—
Samsam Capital LLC
Public Trustee Of Denver County
Trustees Deed
related
—
Jul 11, 2007
$600,000
K & Y Properties LLC
Public Trustee Of Denver County
Certificate Of Purchase
$549,000
Mar 10, 2006
—
Yeshimebet Riske
Legesse,girma
Quit Claim Deed
related
—
Aug 11, 2003
$475,000
K & Y Properties LLC
Beierle,monty E
Grant Deed
$549,000 · Premier Bank
Sep 27, 1999
—
Inessa Novoselsky
I R N Intrl Co
Quit Claim Deed
related
—
—
—
Samsam Capital LLC
—
Deed Of Trust
related
$530,642 · Full House Lending LLC
—
—
K & Y Properties LLC
—
Deed Of Trust
related
$217,700 · Abbas S Beheshti
—
—
K & Y Properties LLC
—
Deed Of Trust
related
$21,400 · Abbas S Beheshti
—
—
7540 Colfax LLC
—
Deed Of Trust
related
$568,000 · Centennial Bk
—
—
K & Y Properties LLC
—
Deed Of Trust
related
$49,832 · Abbas S Beheshti
—
—
K & Y Ents INC
—
Deed Of Trust
related
$50,000 · City & County Denver
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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