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Property profile & analytics
FOR LEASE
Retail space
950 Federal Blvd Denver, CO 80216
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US13-0259915
For Lease
1 / 6
$665,000
950 Federal Blvd, Denver, CO 80216
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1952
Construction
WOOD
Total area
2,465 SF
Lot
0.14 ac (6,250 SF)
Zoning code
E-MX-3
APN
05174-17-006-000
UPID
US13-0259915
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
-
Ultimate Machines Inc Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$650k
CAP Approach
CAP
$550k
Comparable Approach
Comparable
$716k
Blend (final)
Blend
$665k
Owner & transaction history
Thu Thanh Doan · 1 yrs held
Thu Thanh Doan
since 2025
Last sale
$737,500
4 recorded transactions
Zoning & alternative use
E-MX-3 · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$985,000
+66.8%
Neighborhood: shopping center
$800,000
+35.2%
Commercial (general)
$800,000
+34.8%
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
$600,000
ML approach
$650,000
CAP Approach
CAP Return
Estimation
6%
$600,000
6.5%
$550,000
7%
$510,000
Alternative Use
Use
Estimation
RETAIL STORES
$590,000
Current use
AUTO REPAIR, GARAGE
$985,000
Change: +67% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$800,000
Change: +35% · Conversion: Moderate
COMMERCIAL (GENERAL)
$800,000
Change: +35% · Conversion: Easy
MEDICAL BUILDING
$750,000
Change: +26% · Conversion: Difficult
OFFICE BUILDING
$630,000
Change: +7% · Conversion: Easy
Blend value · Realmo final
$665k
Range $599k – $732k · ±10% · vs last sale $738k (May 19 2025)
Last sale anchor
$738k
May 19 2025
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
$270 / 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
$14,206
Tax year 2023
Assessed value
$183,330
Assessed 2023
Previous assessed
$136,160
+34.6% YoY
Effective rate
7.75%
On assessed value
Assessed land
$61,380
Assessed improvement
$121,950
Land market value
$250,000
Improvement market value
$437,100
Total market value
$687,100
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1952
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Stories
1
Units
2
Total area
2,465 SF
Lot
0.14 ac (6,250 SF)
Zoning code
E-MX-3
APN
05174-17-006-000
UPID
US13-0259915
Jurisdiction
DENVER
Zoning & alternative use
E-MX-3 · Denver, CO
Zoning E-MX-3 · permitted uses
E-MX-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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$590,000
AUTO REPAIR, GARAGE
Est. value
$985,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$800,000
COMMERCIAL (GENERAL)
Est. value
$800,000
MEDICAL BUILDING
Est. value
$750,000
OFFICE BUILDING
Est. value
$630,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
MEDICAL BUILDING
OFFICE 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
1952
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
2
Lot
0.14 ac
Current owner
From public records · entity-resolved
Thu Thanh Doan
Individual
Mailing address
522 FIELDING CT, BELLINGHAM, WA 98229-2953
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 19, 2025
$737,500
Thu Thanh Doan
Jackie Tran
Warranty Deed
—
Oct 20, 2016
—
Jackie Tran
Tran,patricia
Quit Claim Deed
related
—
Jul 10, 2000
$210,000
Hung Tran
Leung,chung W & Cue V
Grant Deed
—
—
—
Hung Tran
—
Deed Of Trust
related
$15,000 · Denver City (co)
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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