Property profile

930 Colfax Ave Denver, CO 80218

OFF-MARKET
Motels
Property ID
US13-0231439
16,969 SF 0.38 ac lot Built 1966
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1966
Construction CONCRETE
Total area 16,969 SF
Lot 0.38 ac (16,625 SF)
Zoning code C-MS-8
APN 05022-07-062-000
UPID US13-0231439

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
  • Hotel & Motel

Location

930 Colfax Ave Denver, CO 80218-1915
Denver metro Census 2708 DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$6.83M
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.84M
Blend (final) Blend
$6.58M

Owner & transaction history

since 2022
Last sale
$7.1M
7 recorded transactions
2022
$7.1M
2017
$5.5M
2014
Price N/A
2013
Price N/A
2013
Price N/A
2013
Price N/A
2013
Price N/A

Zoning & alternative use

C-MS-8 · Denver, CO
Zoning description

C-MS-8 Main Street 8 C-MS-12 Main Street 12 C-CCN-3 C-CCN-4 C-CCN-5 C-CCN-7 C-CCN-8 C-CCN-12 Cherry Creek North 3 Cherry Creek North 4 Cherry Creek North 5 Cherry Creek North 7 Cherry Creek North 8 Cherry Creek North 12…

General category MIXED_USE
Top alternative use upside
Restaurant $6.9M +69.3%
Auto repair, garage $6.8M +65.8%
Apartment house (5+ units) $6.2M +52.3%

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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