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Property profile & analytics
OFF-MARKET
Estimated value
$4,090,000
Garden apartment buildings
948 Logan St Denver, CO 80203-5704
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US13-2758867
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1890
Construction
WOOD
Total area
2,892 SF
Lot
0.05 ac (2,082 SF)
Zoning code
G-MU-3
APN
05038-15-057-000
UPID
US13-2758867
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
-
DATG LLC Crisis Center Medical Clinic
-
Kiera Rommel Counselor Practitioner Service Location
-
Lizzie Stevenson, MS, LMFT Psychotherapist Family Counselor
-
Stevenson Therapy Services Crisis Center Medical Clinic
-
Sacha Lacasse Counselor Practitioner Service Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.09M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.09M
Owner & transaction history
Zara Malik Properties LLC · 2 yrs held
Zara Malik Properties LLC
since 2024
Last sale
$4.1M
7 recorded transactions
Zoning & alternative use
G-MU-3 · 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
$4,090,000
ML approach
$4,090,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.09M
Range $3.68M – $4.50M · ±10% · vs last sale $4.09M (Jun 4 2024)
Last sale anchor
$4.09M
Jun 4 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
$1,414 / 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
$5,139
Tax year 2023
Assessed value
$66,320
Assessed 2023
Previous assessed
$52,260
+26.9% YoY
Effective rate
7.75%
On assessed value
Assessed land
$6,750
Assessed improvement
$59,570
Land market value
$155,800
Improvement market value
$889,100
Total market value
$1,044,900
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
1890
Construction
WOOD
Heating
FORCED AIR
Stories
2
Units
3
Rooms
13
Bathrooms
1
Total area
2,892 SF
Lot
0.05 ac (2,082 SF)
Zoning code
G-MU-3
APN
05038-15-057-000
UPID
US13-2758867
Jurisdiction
DENVER
Zoning & alternative use
G-MU-3 · Denver, CO
Zoning G-MU-3 · permitted uses
G-MU-3 · 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
1890
Construction
WOOD
Heating
FORCED AIR
Stories
2
Units
3
Rooms
13
Bathrooms
1
Lot
0.05 ac
Current owner
From public records · entity-resolved
Zara Malik Properties LLC
Entity
Mailing address
950 N LOGAN ST #52, DENVER, CO 80203-3163
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 4, 2024
$4,090,000
Zara Malik Properties LLC
Earthtone Property Management LP
Warranty Deed
$3,800,000 · Earthtone Property Management LLP
Jul 28, 2020
—
Earthtone Property Management LLP
—
Deed
related
$3,966,727 · Cornhusker Bank
Mar 19, 2018
—
Earthone Property Mangemnet LLP
—
Deed
related
$250,000 · Tri Valley Bank
Sep 30, 2008
$298,500
Earthtone Property Mgmt LLP
Bear Stearns I LLC 2007-fs1
Grant Deed
$250,000 · First Western Trust Bank
Mar 14, 2008
$2,070,790
Jamaica J Crowe
Deputy Public Te Of Denver Cnty
Certificate Of Purchase
$1,814,000
Mar 4, 2008
—
Bear Stearns Asset Backed Secs
Public Trustee Of Denver County
Trustees Deed
related
—
Jan 8, 2008
$741,514
Jamaica J Crowe
Public Trustee Of Denver County
Certificate Of Purchase
$688,000
Dec 17, 2007
—
Vicki R Dillard-crowe
Crowe,jamaica J
Quit Claim Deed
—
Nov 21, 2006
$860,000
Jamaica J Crowe
Earthtone Property Mgmt LLP
Warranty Deed
$688,000 · Fieldstone Mortgage Co
Nov 21, 2006
—
Crowes Nest Of Crowes Household
Crowe,jamaica J
Quit Claim Deed
related
—
—
—
Earthtone Property Mgmt LLP
—
Deed Of Trust
related
$351,000 · Anb Bank
—
—
Earthtone Property Mgmt LLP
—
Deed Of Trust
related
$350,000 · First Western Trust Bank
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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