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Property profile & analytics
FOR SALE
Garden apartment buildings
8721 E 14Th Ave, Denver, CO 80220
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US13-2735279
For Sale
1 / 13
$1,050,000
8721 E 14Th Ave, Denver, CO 80220
View Listing →
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1958
Construction
WOOD
Total area
4,713 SF
Lot
0.17 ac (7,500 SF)
Zoning code
G-MU-5
APN
06041-02-011-000
UPID
US13-2735279
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.06M
CAP Approach
CAP
$1.10M
Comparable Approach
Comparable
$1.07M
Blend (final)
Blend
$1.05M
Owner & transaction history
E 14 Ave LLC · 4 yrs held
E 14 Ave LLC
since 2021
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
G-MU-5 · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.5M
+21.0%
Commercial (general)
$1.5M
+20.7%
Retail stores
$1.5M
+19.9%
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
$1,055,000
ML approach
$1,060,000
CAP Approach
CAP Return
Estimation
6%
$1,195,000
6.5%
$1,100,000
7%
$1,020,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,265,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,530,000
Change: +21% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,525,000
Change: +21% · Conversion: Moderate
RETAIL STORES
$1,515,000
Change: +20% · Conversion: Difficult
MEDICAL BUILDING
$1,430,000
Change: +13% · Conversion: Moderate
OFFICE BUILDING
$1,205,000
Change: -5% · Conversion: Moderate
Blend value · Realmo final
$1.05M
Range $945k – $1.16M · ±10% · vs last sale $1.00M (Aug 3 2021)
Last sale anchor
$1.00M
Aug 3 2021
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
$223 / 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
$6,879
Tax year 2023
Assessed value
$88,780
Assessed 2023
Previous assessed
$79,040
+12.3% YoY
Effective rate
7.75%
On assessed value
Assessed land
$10,670
Assessed improvement
$78,110
Land market value
$214,200
Improvement market value
$1,165,800
Total market value
$1,380,000
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
For Sale
Year built
1958
Construction
WOOD
Heating
HOT WATER
Stories
2
Units
8
Rooms
26
Bathrooms
1
Total area
4,713 SF
Lot
0.17 ac (7,500 SF)
Zoning code
G-MU-5
APN
06041-02-011-000
UPID
US13-2735279
Jurisdiction
DENVER
Zoning & alternative use
G-MU-5 · Denver, CO
Zoning G-MU-5 · permitted uses
G-MU-5 · 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.5M
RETAIL STORES
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.2M
APARTMENT HOUSE (5+ UNITS) Current
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
RETAIL STORES
MEDICAL BUILDING
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
1958
Construction
WOOD
Heating
HOT WATER
Stories
2
Units
8
Rooms
26
Bathrooms
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
E 14 Ave LLC
Entity
Mailing address
509 GORANSON CT, LYONS, CO 80540-8410
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 3, 2021
$1,000,000
E 14 Ave LLC
Bpg Rosemary LLC
Special Warranty Deed
$750,000 · Firstbank
Aug 4, 2015
$625,000
Bpg Rosemary LLC
Kane,daniel D
Warranty Deed
$468,750 · Bank Of The West
May 19, 2006
$335,000
Daniel D Kane
The Cdr Team Investments LLC
Warranty Deed
$268,000 · American Family Financial Services
Aug 15, 2002
—
Cdr Team Investments LLC
Del Rio,carlos
Quit Claim Deed
related
—
Sep 21, 2001
$359,000
Carlos D Rio
Braun,allan R & Erik G
Grant Deed
$251,300 · Merchants Mortgage & Trust
Aug 27, 1998
$210,000
Allan R Braun
Smith,bryan K
Grant Deed
$210,000 · First National Bank
Feb 25, 1998
$175,000
Bryan K Smith
Baldwin,susan
Grant Deed
$60,000 · Wsa Fraternal Life
—
—
Bpg Rosemary LLC
—
Deed Of Trust
related
$588,806 · Firstbank
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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