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Property profile & analytics
FOR LEASE
Office buildings
950 17Th St Denver, CO 80202
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US13-0087188
For Lease
1 / 2
$26 SF/Yr
950 17Th St, Denver, CO 80202
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1982
Construction
CONCRETE
Total area
508,860 SF
Lot
0.96 ac (41,830 SF)
Zoning code
D-TD
APN
02345-25-019-000
UPID
US13-0087188
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
-
BOOTS Construction Company General Contractor
-
Kathryn Hopping Law Firm
-
Otten Johnson Robinson Neff + Ragonetti PC Law Firm
-
Jackson Lewis PC Law Firm
-
U.S. Bank - Private Wealth Advisor: Hudson Mead Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$63.68M
Blend (final)
Blend
$79.52M
Owner & transaction history
Usbt Owner LLC · 7 yrs held
Usbt Owner LLC
since 2018
3 recorded transactions
Zoning & alternative use
D-TD · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$79.52M
Range $71.56M – $87.47M · ±10%
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
$156 / 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
$2,648,715
Tax year 2023
Assessed value
$30,965,090
Assessed 2023
Previous assessed
$37,779,840
-18.0% YoY
Effective rate
8.55%
On assessed value
Assessed land
$4,076,330
Assessed improvement
$26,888,760
Land market value
$14,640,500
Improvement market value
$96,375,500
Total market value
$111,016,000
Applied tax rate
320.0000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
1982
Construction
CONCRETE
Heating
HOT WATER
Cooling
CENTRAL
Stories
25
Units
2
Total area
508,860 SF
Lot
0.96 ac (41,830 SF)
Zoning code
D-TD
APN
02345-25-019-000
UPID
US13-0087188
Jurisdiction
DENVER
Zoning & alternative use
D-TD · Denver, CO
Zoning D-TD · permitted uses
D-TD · 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
1982
Construction
CONCRETE
Heating
HOT WATER
Cooling
Yes
Stories
25
Units
2
Lot
0.96 ac
Current owner
From public records · entity-resolved
Usbt Owner LLC
Entity
Mailing address
1209 N ORANGE ST, WILMINGTON, DE 19801-1120
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 21, 2018
$194,227,500
Usbt Owner LLC
Ccp Of Ms Ssiii Denver Us Bk Towe
Grant Deed
$126,300,000 · Miscellaneous Ins Co
Apr 6, 2007
$139,700,000
Ccp Of Ms Ssiii Denver Us Bk Twr
Co-bank Tower LLC
Grant Deed
related
—
—
—
Ccp Of Ms Ssiii Denver Us Bk Towe
—
Deed Of Trust
related
$90,000,000 · Bank Of America
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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