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Property profile & analytics
OFF-MARKET
Estimated value
$920,000
Individual retail properties
7600 Academy Blvd Denver, CO 80230-7194
Entity Owned
17-yr Hold
Absentee Owner
Free & Clear
Property ID
US13-2732594
Property profile
Verified
Property type
Individual retail properties
Use group
GYM, HEALTH SPA
Year built
2004
Construction
STEEL FRAME
Total area
36,590 SF
Lot
3.43 ac (149,526 SF)
Zoning code
B-3
APN
06091-00-034-000
UPID
US13-2732594
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
-
24 Hour Fitness Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$920k
Owner & transaction history
Boc Hangar Lofts LLC · 17 yrs held
Boc Hangar Lofts LLC
since 2009
5 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
GYM, HEALTH SPA
$890,000
Current use
Blend value · Realmo final
$920k
Range $828k – $1.01M · ±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
$25 / 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
$229,905
Tax year 2023
Assessed value
$2,967,050
Assessed 2023
Effective rate
7.75%
On assessed value
Assessed land
$1,660,330
Assessed improvement
$1,306,720
Land market value
$5,981,000
Improvement market value
$4,683,600
Total market value
$10,664,600
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
Individual retail properties
Use group
GYM, HEALTH SPA
Status
Off-Market
Year built
2004
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Units
4
Total area
36,590 SF
Lot
3.43 ac (149,526 SF)
Zoning code
B-3
APN
06091-00-034-000
UPID
US13-2732594
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
GYM, HEALTH SPA Current
Est. value
$890,000
GYM, HEALTH SPA 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
2004
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
4
Lot
3.43 ac
Current owner
From public records · entity-resolved
Boc Hangar Lofts LLC
Entity
Free & Clear · 17 yrs held
Mailing address
1748 W KATELLA AVE STE #206, ORANGE, CA 92867-3430
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 17, 2009
—
Boc Hangar Lofts LLC
Hangar Lofts LLC
Deed In Lieu Of Foreclosure
related
—
Apr 18, 2006
$1,788,000
Hangar Lofts LLC
Lowry Economic Redev Authority
Grant Deed
$2,800,000 · Horizons Banks NA
Aug 6, 2004
$1,046,682
Denver Fitness Lowry
Lowry Economic Redev Authority
Grant Deed
related
—
—
—
Hangar Lofts LLC
—
Deed Of Trust
related
$14,952,250 · Bank Of Choice
—
—
Denver Fitness Lowry
—
Deed Of Trust
related
$4,350,000 · Standard Insurance Co
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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