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ADA-Compliant Assisted Living Facility
New
For Sale
$1,100,000

51 Lima, Aurora, CO 80010

Ranch-style property includes a basement, updated windows, fire sprinklers, and commercial kitchen equipment.

Property Size5,088 SF
Days on Market7

Property Features for 51 Lima

General Information

Standard status Active
Size 5,088 SF
Total Parking Spaces 3
Property subtype Commercial

Additional Details

Sprinkler System Yes

Amenities

deck
raised garden beds

Building Details

Building Size 5,088 SF
Year Built 1971
Buildings 1
Construction ranch
Listing Agency: Priority Properties
Listed By: Deb Kirschbaum
Source: Coloradopartners
Added: Jul 30 Changed: Jul 31 Last Checked: Aug 4 at 1:05PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Priority Properties

Investment Insights

Based on property information with market context.

This assisted living property is a ranch-style building with a basement and accommodations that include 11 bedrooms, 1 office, and 4 bathrooms. The main floor is ADA compliant, and fire safety sprinklers are installed. The building was constructed in 1971 and has been well maintained, with fresh paint upstairs and updated windows throughout.

The layout includes an upstairs living room and dining rooms, an office with a window overlooking the front-door activity, and basement bedrooms with egress windows. The large kitchen includes 2 refrigerators and 2 dishwashers, while the basement provides a shelved pantry and large upright freezer. Exterior features include a Trex-like deck, raised garden beds, rear parking for 3 tandem spaces accommodating 6 total cars, and street parking.

Key Highlights

  • 11 bedrooms, 1 office, and 4 bathrooms
  • Main floor is ADA compliant
  • Fire safety sprinklers installed

Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $132.5k $26.04
− Vacancy −$9.0k −$1.77
EGI $123.5k $24.27
− OpEx −$55.6k −$10.92
NOI $67.9k $13.35
5,088 SF · lease $26.04/SF/yr · vacancy 6.80% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$970.2K
$848.9K – $1.13M (±1% cap)
NOI $67,915 @ 7.0% cap · market cap 6.17%
Second Best
no second resolved use
Theoretical Best
Office A
$1.42M
$1.24M – $1.66M (±1% cap)
NOI $99,521 @ 7.0% cap · market cap 9.05%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Assisted living facilities

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Parking Lot & Garage Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

994
Businesses Nearby
Under-served
Demand for This Use

Demographics for 80010, CO

42,303
Population
15,394
Households
2.7
Avg Household Size
32
Median Age
19%
College-Educated
73%
High-School Grad
5.1 sq mi
ZIP Area
8,295
Density / Sq Mi
$60,755
Median Household Income
$36,349
Median Earnings
$1,400
Median Rent
$385,700
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Deel Management 10675 E Colfax Ave, Aurora, CO 80010

Frequently Asked Questions

What type of property is this?
Assisted living facility - Ranch-style property includes a basement, updated windows, fire sprinklers, and commercial kitchen equipment.
Where is this assisted living facility located?
The property is located at 51 Lima Aurora, CO.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 11 bedrooms, 1 office, and 4 bathrooms; Main floor is ADA compliant; Fire safety sprinklers installed
More about this property
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