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Property profile & analytics
FOR LEASE
Warehouses
777 Umatilla St, Denver, CO 80204
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US13-0071678
For Lease
1 / 23
$13 SF/Yr
777 Umatilla St, Denver, CO 80204
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Property summary
AI-generated overview
This exceptional 15,531-square-foot warehouse, situated at 777 Umatilla St in Denver, CO 80204, presents a unique investment opportunity. Built in 1962, this single-tenant property sits on a 0.62-acre lot and boasts a convenient location directly off the I-25 and 8th Ave exit, providing easy access to major transportation routes. The warehouse features 16 total parking spaces and two drive-in bays, enhancing operational efficiency. The property is fully temperature-controlled and benefits from a fenced parking area. Recently renovated, the building is ready for immediate occupancy. Its I-A zoning allows for a wide range of uses, including but not limited to HVAC, plumbing, electrical contracting, woodworking, remediation services, fleet storage, landscaping, and various maintenance and service companies. The single-story structure offers ample space and flexibility for a variety of industrial businesses. This prime location and versatile zoning make this warehouse an ideal choice for businesses seeking a functional and strategically located space in Denver's thriving industrial market.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1962
Construction
WOOD
Total area
15,531 SF
Lot
0.62 ac (27,000 SF)
Zoning code
I-A
APN
05092-06-023-000
UPID
US13-0071678
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
-
Lucky 7 Alternative Medicine Practice
-
Buddy Boy Cannabis Dispensary - Umatilla (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.06M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.00M
Blend (final)
Blend
$1.56M
Owner & transaction history
Christou Regas · 3 yrs held
Christou Regas
since 2023
Last sale
$1.8M
5 recorded transactions
Zoning & alternative use
I-A · 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
$1,040,000
ML approach
$1,060,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,290,000
Current use
Blend value · Realmo final
$1.56M
Range $1.40M – $1.72M · ±10% · vs last sale $1.79M (Jan 27 2023)
Last sale anchor
$1.79M
Jan 27 2023
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
$100 / 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
$46,962
Tax year 2023
Assessed value
$606,070
Assessed 2023
Previous assessed
$573,850
+5.6% YoY
Effective rate
7.75%
On assessed value
Assessed land
$368,280
Assessed improvement
$237,790
Land market value
$1,350,000
Improvement market value
$852,300
Total market value
$2,202,300
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1962
Construction
WOOD
Heating
YES
Cooling
WINDOW A/C
Stories
1
Units
2
Total area
15,531 SF
Lot
0.62 ac (27,000 SF)
Zoning code
I-A
APN
05092-06-023-000
UPID
US13-0071678
Jurisdiction
DENVER
Zoning & alternative use
I-A · Denver, CO
Zoning I-A · permitted uses
I-A · 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
WAREHOUSE, STORAGE Current
Est. value
$2.3M
WAREHOUSE, STORAGE 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
1962
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
2
Lot
0.62 ac
Current owner
From public records · entity-resolved
Christou Regas
Individual
Mailing address
1045 N LINCOLN ST UNIT #304, DENVER, CO 80203-2728
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
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
Jan 27, 2023
$1,786,000
Christou Regas
777 Umatilla LLC
Special Warranty Deed
—
Jun 4, 2009
—
777 Umatilla LLC
H & D Jenkins LLC No 777
Quit Claim Deed
related
$775,000 · Bank Of Denver
Dec 31, 2008
—
777 Umatilla LLC
Owner Name Unavailable
Quit Claim Deed
related
—
May 4, 2007
$964,000
777 Umatilla LLC
H & D Jenkins LLC 777
Warranty Deed
$764,000 · H&d Jenkins LLC #777
—
—
777 Umatilla LLC
—
Deed Of Trust
related
$300,000 · Guaranty Bank
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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