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Property profile & analytics
OFF-MARKET
Estimated value
$755,000
Parking lots & garages
891 14th St 268 Denver, CO 80202-3256
Trust Owned
5-yr Hold
~
Est. High Equity
Property ID
US13-1270923
Property profile
Verified
Property type
Parking lots & garages
Use group
RESIDENTIAL PARKING GARAGE
Total area
1,671 SF
Zoning code
CBT
APN
02345-45-188-188
UPID
US13-1270923
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
-
Prep Beauty Bar Spa & Massage Center Alternative Medicine Practice
-
Engineer Building Construction Company
-
Feedplan (Bike/Boat/Book/etc) Store Corporate Office
-
SMK Beauty Spa & Massage Center
-
Hotels Agency Consultancy Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$790k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$755k
Owner & transaction history
Sanders,william S Trust · 5 yrs held
Sanders,william S Trust
since 2021
Last sale
$750,000
5 recorded transactions
Zoning & alternative use
CBT · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$670,000
+78.9%
Office building
$625,000
+67.2%
Neighborhood: shopping center
$540,000
+44.9%
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
$735,000
ML approach
$790,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$670,000
Change: +79% · Conversion: Difficult
OFFICE BUILDING
$625,000
Change: +67% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$540,000
Change: +45% · Conversion: Difficult
COMMERCIAL (GENERAL)
$540,000
Change: +45% · Conversion: Difficult
RETAIL STORES
$535,000
Change: +44% · Conversion: Difficult
MEDICAL BUILDING
$505,000
Change: +36% · Conversion: Difficult
Blend value · Realmo final
$755k
Range $680k – $831k · ±10% · vs last sale $750k (Jul 8 2024)
Last sale anchor
$750k
Jul 8 2024
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
$452 / 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
$8
Tax year 2023
Assessed value
$100
Assessed 2023
Previous assessed
$100
+0.0% YoY
Effective rate
8.00%
On assessed value
Assessed improvement
$100
Improvement market value
$1,500
Total market value
$1,500
Applied tax rate
451.0000
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
Parking lots & garages
Use group
RESIDENTIAL PARKING GARAGE
Status
Off-Market
Heating
NONE
Total area
1,671 SF
Zoning code
CBT
APN
02345-45-188-188
UPID
US13-1270923
Jurisdiction
DENVER
Zoning & alternative use
CBT · Denver, CO
Zoning CBT · permitted uses
CBT · 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
AUTO REPAIR, GARAGE
Est. value
$670,000
OFFICE BUILDING
Est. value
$625,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$540,000
COMMERCIAL (GENERAL)
Est. value
$540,000
RETAIL STORES
Est. value
$535,000
MEDICAL BUILDING
Est. value
$505,000
AUTO REPAIR, GARAGE
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
RETAIL STORES
MEDICAL 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
Heating
NONE
Current owner
From public records · entity-resolved
Sanders,william S Trust
Trust
Mailing address
PO BOX 774666, STEAMBOAT SPRINGS, CO 80477-4666
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 22, 2021
$705,000
Sanders,william S Trust
Marc R Schapiro
Grant Deed
$505,000 · Quicken Lns
Sep 18, 2017
—
Marc R Schapiro
Schapiro,patricia L
Quit Claim Deed
related
$75,812 · Patricia L Schapiro
May 27, 2016
—
Patricia Schapiro
Schapiro,marc
Quit Claim Deed
related
—
Jul 11, 2011
$464,500
Joe L Vance
Spire Denver LLC
Grant Deed
$250,000 · Bank Of America
—
—
Marc R Schapiro
—
Deed Of Trust
related
$75,812 · Patricia L Schapiro
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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