Property profile

8405 Colfax Ave Denver, CO 80220

OFF-MARKET
Motels
Property ID
US13-0890503
6,847 SF 0.36 ac lot Built 1949
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1949
Construction WOOD
Total area 6,847 SF
Lot 0.36 ac (15,600 SF)
Zoning code E-MS-3
APN 01334-24-003-000
UPID US13-0890503

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel
  • Restaurant Take-out & Catering
  • Hotel & Motel

Location

8405 Colfax Ave Denver, CO 80220-2112
Denver metro Census 4403 DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$810k
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2020
7 recorded transactions
2022
Price N/A
2020
Price N/A
2019
Price N/A
2018
$915,000
2018
$1.4M
2017
$850,000
1969
Price N/A

Zoning & alternative use

E-MS-3 · Denver, CO
Zoning description

E-MS-3 Main Street 3 E-MS-5 Main Street 5 SE CTION 4.2.2 RESIDENTIAL DISTRICTS (E-SU-A, -B, -D, -DX, -G, E-TU-B, -C, E-RH-2.5, E-MU-2.5) 4.2.2.1 General Purpose A. The intent of the Residential districts is to promote an…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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