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Property profile & analytics
OFF-MARKET
Estimated value
$56,105,000
Garden apartment buildings
8501 Alameda Ave Denver, CO 80230-6891
Entity Owned
24-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US13-1087935
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
2001
Construction
WOOD
Total area
434,670 SF
Lot
17.71 ac (771,311 SF)
Zoning code
R-2-A
APN
06094-00-007-000
UPID
US13-1087935
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
-
Jamey R. Acton, DC Alternative Medicine Practice
-
Ace Fireplace Service and Repair Hardware & Home Improvement
-
Oakwood Corporation Housing Housing Authority
-
Lawry park Park
-
Lowry Park Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$47.31M
Blend (final)
Blend
$56.11M
Owner & transaction history
Prudential Insurance Co · 24 yrs held
Prudential Insurance Co
since 2001
5 recorded transactions
Zoning & alternative use
R-2-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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$56.11M
Range $50.49M – $61.72M · ±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
$129 / 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
$760,383
Tax year 2023
Assessed value
$9,813,160
Assessed 2023
Previous assessed
$7,138,610
+37.5% YoY
Effective rate
7.75%
On assessed value
Assessed land
$1,627,790
Assessed improvement
$8,185,370
Land market value
$24,350,300
Improvement market value
$122,169,700
Total market value
$146,520,000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
2001
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
18
Stories
3
Units
396
Rooms
13
Bathrooms
3
Total area
434,670 SF
Lot
17.71 ac (771,311 SF)
Zoning code
R-2-A
APN
06094-00-007-000
UPID
US13-1087935
Jurisdiction
DENVER
Zoning & alternative use
R-2-A · Denver, CO
Zoning R-2-A · permitted uses
R-2-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.
Building & site characteristics
From public records
Year built
2001
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
18
Units
396
Rooms
13
Bathrooms
3
Lot
17.71 ac
Current owner
From public records · entity-resolved
Prudential Insurance Co
Entity
Mailing address
7 GIRALDA FARMS 2ND STE #2, MADISON, NJ 07940-1051
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2001
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
Mar 12, 2013
—
Pr Denver Lowry LLC
—
Deed Of Trust
related
$416,998,000 · Federal National Mortgage Assn
Dec 28, 2001
$499,500
Prudential Insurance Co
Jefferson Park Lowry LP
Grant Deed
—
Dec 23, 1999
$3,063,300
Jefferson Park Lowry LP
Lowry Economic Redev Authority
Grant Deed
related
$31,423,200 · Key Bank NA
—
—
Pr Denver Lowry LLC
—
Deed Of Trust
related
$250,000 · Wells Fargo Bank
—
—
Pr Denver Lowry LLC
—
Deed Of Trust
related
$43,359,000 · Wachovia Multifamily Capital
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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