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Property profile & analytics
OFF-MARKET
Estimated value
$730,000
Medical Office Space
8383 Pecos St Denver, CO 80221-3957
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US13-0037060
Property profile
Verified
Property type
Medical Office Space
Use group
DENTAL BUILDING
Year built
2016
Total area
3,342 SF
Lot
0.27 ac (11,761 SF)
APN
R0059590
UPID
US13-0037060
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
-
Risas Dental and Braces - Federal Heights Dental Office
-
Jason Crozier Dental Office
-
Kelley Louise Barnard Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$680k
Comparable Approach
Comparable
$534k
Blend (final)
Blend
$730k
Owner & transaction history
Risas Real Estate & Equipment LLC · 12 yrs held
Risas Real Estate & Equipment LLC
since 2014
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.1M
+6.9%
Commercial (general)
$1.1M
+6.6%
Retail stores
$1.1M
+5.9%
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%
$740,000
6.5%
$680,000
7%
$635,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,015,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,085,000
Change: +7% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,080,000
Change: +7% · Conversion: Easy
RETAIL STORES
$1,075,000
Change: +6% · Conversion: Difficult
OFFICE BUILDING
$855,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$730k
Range $657k – $803k · ±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
$218 / 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
$40,287
Tax year 2023
Assessed value
$338,430
Assessed 2023
Previous assessed
$308,020
+9.9% YoY
Effective rate
11.90%
On assessed value
Assessed land
$46,290
Assessed improvement
$292,140
Land market value
$165,928
Improvement market value
$1,047,087
Total market value
$1,213,015
Applied tax rate
490.0000
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
Medical Office Space
Use group
DENTAL BUILDING
Status
Off-Market
Year built
2016
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
3,342 SF
Lot
0.27 ac (11,761 SF)
APN
R0059590
UPID
US13-0037060
Jurisdiction
ADAMS
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
MEDICAL BUILDING Current
Est. value
$1.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.1M
RETAIL STORES
Est. value
$1.1M
OFFICE BUILDING
Est. value
$855,000
MEDICAL BUILDING Current
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
2016
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.27 ac
Current owner
From public records · entity-resolved
Risas Real Estate & Equipment LLC
Entity
Mailing address
1601 N 7TH ST STE #260, PHOENIX, AZ 85006-2593
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2016
—
Risas R & E & Equipment LLC
—
Deed
related
$1,636,751 · First Wstrn Tr Bk
Jun 10, 2014
$460,000
Risas Real Estate & Equipment LLC
Apricot Investments LLC
Special Warranty Deed
$337,500 · First Western Trust Bank
Nov 19, 2009
—
Apricot Investments LLC
—
Trustees Deed
related
$249,500 · Firstbank Of Denver NA
Sep 10, 2008
—
Apricot Investments LLC
—
Trustees Deed
related
$314,000 · Firstbank Of Denver NA
Jul 27, 2007
$369,500
Apricot Investments LLC
Helling Emma L Trust
Grant Deed
$314,000 · Firstbank Of Denver NA
Jul 27, 2007
—
Helling Emma L Trust
Helling,emma L
Affidavit Of Death
related
—
Jul 20, 2006
—
Helling Emma L Trust
Helling,emma L
Quit Claim Deed
related
—
Aug 8, 2005
—
Helling Emma L Trust
Helling,emma L
Quit Claim Deed
related
—
—
—
Apricot Investments LLC
—
Deed Of Trust
related
$186,697 · Firstbank NA
—
—
Risas R & E & Equipment LLC
—
Loan Modification
related
$1,636,751 · First Wstrn Tr Bk
—
—
Apricot Investments LLC
—
Deed Of Trust
related
$218,100 · Firstbank NA
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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