Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$6,875,000
Motels
930 Colfax Ave Denver, CO 80218-1915
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US13-0231439
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Days Inn by Wyndham Denver Downtown Hotel & Motel
-
Work-Days Inn Denver Downtown Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.83M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.84M
Blend (final)
Blend
$6.88M
Owner & transaction history
Juda INC · 3 yrs held
Juda INC
since 2022
Last sale
$7.1M
7 recorded transactions
Zoning & alternative use
C-MS-8 · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$6.9M
+69.3%
Auto repair, garage
$6.8M
+65.8%
Apartment house (5+ units)
$6.2M
+52.3%
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
$6,580,000
ML approach
$6,825,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$6,940,000
Change: +69% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,795,000
Change: +66% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$6,245,000
Change: +52% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$5,505,000
Change: +34% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,490,000
Change: +34% · Conversion: Difficult
RETAIL STORES
$5,455,000
Change: +33% · Conversion: Difficult
MEDICAL BUILDING
$5,155,000
Change: +26% · Conversion: Difficult
Blend value · Realmo final
$6.88M
Range $6.19M – $7.56M · ±10% · vs last sale $7.05M (Sep 19 2022)
Last sale anchor
$7.05M
Sep 19 2022
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
$405 / 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
$82,234
Tax year 2023
Assessed value
$938,920
Assessed 2023
Previous assessed
$1,034,990
-9.3% YoY
Effective rate
8.76%
On assessed value
Assessed land
$498,660
Assessed improvement
$440,260
Land market value
$2,493,800
Improvement market value
$2,149,700
Total market value
$4,643,500
Applied tax rate
188.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1966
Construction
CONCRETE
Heating
HOT WATER
Cooling
CENTRAL
Stories
1
Units
56
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
Jurisdiction
DENVER
Zoning & alternative use
C-MS-8 · Denver, CO
Zoning C-MS-8 · permitted uses
C-MS-8 · 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
RESTAURANT
Est. value
$6.9M
AUTO REPAIR, GARAGE
Est. value
$6.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.5M
COMMERCIAL (GENERAL)
Est. value
$5.5M
RETAIL STORES
Est. value
$5.5M
MEDICAL BUILDING
Est. value
$5.2M
RESTAURANT
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
Year built
1966
Construction
CONCRETE
Heating
HOT WATER
Cooling
Yes
Stories
1
Units
56
Lot
0.38 ac
Current owner
From public records · entity-resolved
Juda INC
Entity
Mailing address
930 E 930TH E COLFAX AVE, DENVER, CO 80218
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 19, 2022
$7,050,000
Juda INC
Kash LLC
Special Warranty Deed
$4,975,000 · Hanmi Bank
Jul 19, 2017
$5,480,000
Kash LLC
Y & S H INC
Warranty Deed
$4,589,000 · Hana Small Busn Lndg
Jan 15, 2014
—
Y & Sh INC
Hong Yoo S Living Trust
Quit Claim Deed
related
$700,000 · Bbcn Bk
Dec 12, 2013
—
Y & Sh INC
Hong Yoo S Living Trust
Quit Claim Deed
related
—
Aug 1, 2013
—
Y & S H INC
Hong,yoo S
Quit Claim Deed
related
—
Mar 26, 2013
—
Yoo S Hong
Hong Yoo S Living Trust
Quit Claim Deed
related
—
Jan 25, 2013
—
Y & S H INC
S & T Investments INC
Quit Claim Deed
related
—
Dec 14, 2012
—
Hong Yoo S Living Trust
S & T Investments INC
Quit Claim Deed
related
—
Aug 30, 2006
—
S & T Investments INC
Hong,sunny B & Yoo S
Quit Claim Deed
related
—
—
—
Y & S H INC
—
Deed Of Trust
related
$700,000 · Bbcn Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 930 Colfax Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
